It is Monday morning in Asia. Commodities are strong. Crude is moving higher. Copper is up 1.7%. Gold is rising, up 1.5%. Agriculturals are mostly up.
Commodities and stocks are closely related since 2002. XME, in spite of market weakness, soared 2.0% last Friday.
Does this mean the market is going to come alive this week?
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked Top Market Timer in 2009 and 2010 by Timer Digest
To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can review The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific money management needs.
I will be happy to speak to your investment group on how the business cycle impacts investment strategies and the choice of asset classes.
Disclaimer. No material here constitutes "investment advice" nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.
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