Saturday, November 8, 2008

WCTS Spotlight for the week of November 11th, 2008

Hello and welcome back to WCTS Spotlight




110708: The US election of 2008 has come and gone. As for the market’s reaction, there has been little change in the underlying trends which might suggest the event itself was unimportant. The US dollar continues to be favored over European and ‘commodity’ currencies. As a result, many of the downtrends we saw over the past weeks shall continue for the time being. Of particular note this week, Eurodollars (short term interest rates that are not guaranteed by the US Federal Government) have finally broken higher in price (lower in yield) suggesting the ‘credit crunch’ is abating.

That's all for this issue of the WCTS Spotlight,
Brian Beamish FCSI
the_rational_investor@yahoo.com
http://www.the-rational-investor.com/

Sunday, November 2, 2008

WCTS Spotlight for the week of October 31st, 2008

Hello and welcome back to WCTS Spotlight


103108: In the week prior to the US election the commodities remain well contained within the downward trends established last quarter. The US dollar is continuing to enjoy the rally that was established in the summer - however, the move lower in many commodity markets is looking a little old. This week in particular we look at Wheat. While it is not a buy currently, shrewed commodity traders will notice this market seems to be running out of bearish steam.

That's all for this issue of the WCTS Spotlight,
Brian Beamish FCSI
the_rational_investor@yahoo.com
http://www.the-rational-investor.com/