daytrades july 8 afternoon, page-166

  1. cha
    5,877 Posts.
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    welcome back hll

    Endless cleaned the market out last week so start all over for you next week with a red dow.


    nice article on Endless tip for gold and my favourite the good Dr Copper

    need Exit back as well.

    http://www.kitco.com/reports/KitcoNewsMarketNuggets20110708.html

    Market Nuggets: Copper, Tin, Oil Get Barclays? Top Commodity Rankings For July

    08 July 2011, 1:21 p.m.
    By Kitco News
    http://www.kitco.com/

    (Kitco News) -- Analysts with Barclays Capital give their top monthly commodity rankings to copper, tin and crude oil. For commodities generally, the bank sees a more positive global economic environment in the third quarter. ?This environment should be especially beneficial for base metals, which are poised to gain from a pick-up in the global auto sector as Japan recovers and will benefit more than other commodities as China approaches the end of its rate hiking cycle, reflecting the fact that China is more important for base-metals consumption than for any other commodity sector,? Barclays says. ?Base metals also face significant supply challenges, especially in copper where mine production recently has been far worse than expected.? Barclays ranks the commodities it follows on a scale of one (worst) to five (best). Tin and copper each got a 5 ranking. The scores for other base are: aluminum and lead, 4; nickel, 3; and zinc, 1. For precious metals, gold got a 4, while silver, platinum and palladium each ranked 3.

    By Allen Sykora of Kitco News; [email protected]


 
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