BTW anyone got any thoughts on the seasonal lull in Commodities...

BTW anyone got any thoughts on the seasonal lull in Commodities and comparisons on previous years?

Also got to comment on the fact that whilst news is not so great atm - market continues to grind higher.......sort of reminds me of 2007 pre Lehamn's when a collapse was talked about but the market continued to climb until the collapse of Lehman's.

Still think we are being primed for a "soft landing" which for some won't be so soft:(

SSCE grinding lower...hmmmm at 2009 lows

Some charts of interest the Bull and Bear story:

CHART OF THE DAY: If History Is A Guide, Then Stocks Will Surge Through The Rest Of The Year
Ben Duronio | Jul. 30, 2012, 1:34 PM | 2,354 | 3

Like many others, Bespoke Investment Group has pointed out the correlation in the S&P 500 between this year and past election years.

The similarities continue to be extraordinary.
After correctly calling an April peak, a May/June trough, and July's modest pullback, the pattern would suggest that the current rally could last until the end of the Summer.


Read more: http://www.businessinsider.com/election-years-stock-market-2012-7#ixzz229yi1Enu

From the Permabear:

ALBERT EDWARDS: The US Economy Is The Elephant In The Room With Tusks That Will Rip Your Portfolio To Shreds

Societe Generale
"Exclude these three Fed inspired freaks of cyclical normality and the remaining 30 recoveries lasted an average 36 months. A recession now is therefore bang on cue. Indeed, given the US is a post-bubble, deleveraging economy, a recession is probably long overdue."


Read more: http://www.businessinsider.com/wall-street-analyst-commentary-2012-7?op=1#ixzz229zzgBUs