Commodity analysis: Crude Oil and Gold
Source: http://stockweb.blogspot.com/2008/09/commodity-analysis-crude-oil-and-gold.htmlPosted on Monday, September 15th, 2008 | In Stocks to Watch
Stock markets are broadly under sell off today after Lehman Bros bankruptcy. Let’s leave aside equities and focus what’s going on with commodities.
Adam Hewisons produces another two interesting videos with technical analysis for two major commodities. If you like Adam’s analysis you can sign up for new articles. Anytime new analysis is published you will receive alert via email. Register for all the latest Trader’s Blog postings. Click Here
Crude oil continues its downtrend and hits seven month low at $94. In two months the commodity has lost already 34%. Hurricane Ike didn’t cause big damages on oil infrastructure. The price has been sent lower also due to financial turmoils. You can see Adam’s analysis for crude oil.
Contrary financial turmoils have helped gold to gain in last days. As concerns over financial system spread over the gold is usually seen as a hedging tool. Find out what is the outlook for gold price.
Related tickers: (OIL), (GLD), (USO)
Last 5 posts by Vlada Kynsky
- Jim Rogers about commodities, China and others. - October 25th, 2009
- How to invest in gold now. - October 18th, 2009
- ETF correlation - October 7th, 2009
- Treasury inflation protected securities ETF - October 4th, 2009
- How to invest in gold. - July 11th, 2009
Adam, Adam Hewisons, crude oil, Hurricane Ike, lehman bros, oil infrastructure, Stocks to Watch, USD
 About Vlada Kynsky (http://stockweb.blogspot.com/)
Vlada Kynsky studied economics and gained work experience as SAP analyst in information technology. His origin is in Czech Republic but due to different work assignments lived in many European countries. He explores mainly emerging markets. In his research he focuses on ETF and international stocks. Another area of interest are technology stocks. |
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