DailyMarkets.com - Crude Oil, Gold Look To Italian Election Outcome To Extend Gains

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Crude Oil, Gold Look To Italian Election Outcome To Extend Gains Posted: 25 Feb 2013 01:00 AM PST Crude oil and gold prices rose amid reports of dovish Haruhiko Kuroda set to be nominated to lead the BOJ. The rally now hinges on the outcome of Italy's election. Talking Points Commodities Rise With Risk Appetite Amid Reports of Dovish BOJ Nominee Italian General Election Results in Focus Amid Debt Crisis Resurrection Fears Commodity prices are on the upswing in early European trade, picking up positive cues from an overnight swell in risk appetiteamid reports dovish Asian Development … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Take Some Chips Off The Table Posted: 21 Feb 2013 12:37 AM PST I wrote that I had been watching the behavior of cyclical stocks for a signal that a correction may be starting (see Correction? Watch the cyclicals!) and we may have seen that signal yesterday. Is the consumer getting into trouble? Consider, for example, the relative performance of Consumer Discretionary stocks against the market as a measure of risk appetite. This sector began a relative uptrend against the market last August but declined through a relative uptrend yesterday. This move, in … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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