What’s Up, What’s Down: Spotlight on Metals
Comments for December 16, 2010
Looking ahead to Thursday by reflecting on Wednesday’s trading action
Futures and options trading is speculative in nature and involves substantial risk of loss. Futures and options trading is not suitable for all investors
Spotlight on the Metals: Bull trends but with increased volatility
METALS 12/16/10: Lower closes yesterday for copper, silver, gold and platinum this time. All of the metals, with the exception of platinum lately, have been in bull markets but they’re volatility has increased greatly which is one of the signs at tops and bottoms. Still we shouldn’t make any assumptions but just be cognizant of this. Only platinum looks toppy at this juncture. BUY SIGNALS FOR COPPER, SILVER, GOLD AND PLATINUM. CALL FOR DETAILS!
Rick Alexander has been a broker and analyst in the futures business for over thirty years. He is a Vice-President for Sales and Trading at the Zaner Group (www.zaner.com) a Chicago-based futures brokerage firm. Email Rick at ralexander@zaner.com or call toll-free (888) 281-4158.
Futures and options trading is speculative in nature and involves substantial risk of loss. Futures and options trading is not suitable for all investors. The information in this Report and the opinions expressed are subject to change without notice. All known news and events have already been factored into the price of the underlying commodities discussed.