WCTS Spotlight for the week of June 19th, 2009

Hello and welcome back to RI's WCTS Spotlight



061909: In another week of churning, many of the major commodity markets continued their recent trending activity. Of particular note this week, a few of the soft markets (coffee, sugar & cotton) are showing signs of weakness. Could this be the beginning of the end of the recent rally in commodity prices? It is too early to tell but it is interesting to note that the long bearish meat complex (a complex that moves in opposite direction to grain prices) has begun to show signs of strength. Considering our proximity to the end of the 2nd quarter, one might want to wait before putting on any new positions until the 3rd quarter had begun in earnest.

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 June 12th, 2009

Hello and welcome back to RI's WCTS Spotlight




061209: The major currencies did little this week as too the interest rate market. The S&P and Dow have confirmed their recent breakouts and now suggest that equities could be moving into a blow off top stage. This may culminate in a dramatic move to the upside. Unfortunately (as time tested technicians) we know that at some point we will need to come back down and test the winter '09 lows. The farther we move up without a serious counter trend test, the more severe the correction ultimately will be. Keep in mind, there are gaps on the S&P 500 right near the lows. Very interesting times indeed for equity investors. Elsewhere, most of the recent trends remain well intact with a bit of weakness coming in on Soy Oil and what looks to be a blow off bottom potentially forming in Pork Bellies (refer to this week's spotlight for more on that). We may be nearing a seasonal peak for the grains and meats so those involved be careful.



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 June 5th, 2009

Hello and welcome back to RI's WCTS Spotlight



060509: The anticipated pull back in the major currencies vs. the US Dollar materialized this week. While still too early to be looking for a trade, many of its trading pairs have hit their upside objectives and one ought to consider a period of consolidation before their next moves. Interestingly, gold never did break out (only breaking its recent sell pattern) suggesting that the greenback may not be as weak as its price suggests. In other markets, US equities finally broke the sell patterns going back more than half a year. While the Nasdaq, Australia and Japan where already pointing higher, the Dow and the S&P 500 noww too have bullish short/med. term chart patterns working (refer to this week's spotlight for more). Agriculturally speaking, grain prices continue to look up at the same time as meat prices are breaking to new lows. While I have been a proponent of being long the grains of late, I have taken some profits as prices have moved up quite a bit. I will be looking to re-enter my long position on any correction.

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