WCTS Spotlight for the week of May 29th, 2009

Hello and welcome back to RI's WCTS Spotlight



052909: Downside targets have been hit on the US dollar index. Those playing the currencies should be aware of potentially over-extended short term pairs and act accordingly. Bond markets too are looking to be over extended as interest rates have moved higher in earnest over the past weeks. As a result of this straight move up, short term profit taking ought to be considered in this environment. Even though many of the commodity markets are moving higher, the only market to register a new buy signal this week was Lumber (see this weeks spotlight for more details).


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

WCTS Spotlight for the week of May 22th, 2009

Hello and welcome back to RI's WCTS Spotlight



052209: The Euro has now joined almost the entire world in its collective rally against the US dollar. Interestingly, Gold is now the only metal not to break out higher as Silver is now pointing higher along with Copper, Platinum and Palladium (this weeks WCTS spotlight is on Silver). Energies and Grains continue to power forward. Readers of CRI's Newsletter will of course be well aware of my bullishness on the two and my current long positions in their respective ETF's . Wheat still looks like it hasn't popped yet so if there was one market I might pick up a call in, it would be there.

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

WCTS Spotlight for the week of May 8th, 2009

Hello and welcome back to RI's WCTS Spotlight



050809: The US dollar is breaking down vs some of its major trading partners as money leaves the 'safe haven' of US treasuries on the expectation that global economic growth will once again resume (please refer to RI's most recent special report on the Australian dollar for more). One result of the perceived end of 'the crisis' - bond markets are breaking down in earnest. It should be noted that the crash of 1987 was preceded by the bond market breaking down in the spring of that year. While the Dow and S&P 500 are still pointing lower, many other stock index's are moving higher in a classic 'V' shaped bottom. These lows ought to be tested again in the coming months if not quarters. Lets hope it doesn't come in just one day. Commodity prices are moving higher with notable price action in Heating Oil (Crude and Unleaded already moving higher) and many of the Grains. This week's spotlight is on just this market....watch out food prices!

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