This Is Flashing Why Market Is A Buy

COMMODITIES RECENT RELATIVE PERFORMANCE UPDATE

Currently the stock market continues to outpace safe havens as well as inflationary concerns. As a long term metric this usually means that stocks are still in play and preferred over other alternatives. Despite weakness this is big given the fears in the marketplace right now. Take a look below and note the downside confirming momentum in almost all commods. The contrarian play is Cocoa and worth a look.

COMMODITIES TRENDS

Group

ETF

Name

Trend

RSI with Trend

Metals GLD SPDR Gold Trust DOWN NO
Metals JJC DJ-UBS Copper TR Sub-Idx ETN Ipath DOWN YES
Metals PPLT Platinum ETF DOWN YES
Metals PALL Palladium ETF DOWN YES
Energy USO US Oil UP NO
Energy UNG US Natural Gas Fund DOWN YES
Energy KOL Coal ETF Market Vectors DOWN YES
Agriculture CORN Teucrium Corn Fund ETF DOWN YES
Agriculture WEAT Teucrium Wheat DOWN YES
Agriculture JO DJ-UBS Coffee TR Sub-Idx ETN Ipath DOWN YES
Agriculture SGG DJ-UBS Sugar TR Sub-Idx ETN Ipath DOWN YES
Agriculture NIB DJ-UBS Cocoa TR Sub-Idx ETN Ipath UP YES
Agriculture COW DJ-UBS Livestock TR Sub-Idx ETN Ipath DOWN YES
Agriculture BAL DJ-UBS Cotton TR Sub-Idx ETN Ipath DOWN YES
Trade smart,

Paul "Bulldog" Hudson, Chief Investment Officer
Darwin Investing Network