Although the market has dropped today commodities has done very well. The drop in commodity prices has only been 1% although share prices drop 5% to 7%. This tends to indicate there is a lot of fundamental support for commodities. I have only one rule for buying shares.
Can the company survive a recession?
If most of you have not looked at your company bank balance then you probably expect to get burn. After the last recession you should know cash is king.
