WCTS Spotlight for the week of October 23, 2009

Hello and welcome back to CRI's WCTS Spotlight







10/23/09: The US Dollar continues its march lower and is looking to test the lows of July, 2008 at or near 71.71. The reflation of the world economy has rallied many commodity prices back into their pre-crash trading ranges and one ought to (at least for the short term) look for higher prices to come. Most notably, Crude Oil and Heating Oil have broken their recent respective 'tops' and Soy Oil has put in a very interesting base. As well, both coffee and OJ look like they have completed a basing pattern and could 'pop' on any bullish market news very much like sugar did recently.

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 ofSeptember 25, 2009

Hello and welcome back to CRI's WCTS Spotlight



09/25/09: After a lengthy vacation, CRI is back reporting on the weekly trends in prices. The US dollar continues to move lower vs most of its major trading partners. The British Pound would be a notable exception as economic conditions have worsened there and the pound looks to be pointing lower vs. the green back. Of particular interest this week, energy prices have moved lower in earnest. Crude, Heating Oil and Gasoline have well established tops in place and one ought to be looking for lower prices going forward.

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 August 07, 2009

Hello and welcome back to CRI's WCTS Spotlight



08/07/09: The dog days of summer are upon us and one can't help but get the feeling that the markets have lulled themselves to sleep. One ought to be very careful about new long positions as many of the followed markets have both hit long standing upside objectives (and in some cases) have over-extended themselves. Of particular note this week, the pork markets have collapsed as the prospects for higher grain prices have become a reality heading into the fall harvest and health concerns over hot-dogs themselves weigh heavily on demand.

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 July 31, 2009

Hello and welcome back to CRI's WCTS Spotlight



07/31/09: The US Dollar has resumed its downward trend as the lows from the spring have been broken. The Canadian and Australian dollars are moving higher suggesting commodity prices in general ought to hold their respective trends through the dog-days of summer. One market not participating, hogs, looks to be getting ready for a serious push lower going forward. This week's spotlight looks at the Canadian stock and bond markets as they are both suggesting Canada's economy continues the rebound established late last winter.

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 July 24, 2009

Hello and welcome back to CRI's WCTS Spotlight



072409: The major trading currencies continue their recent upward trends vs. the US dollar as many central banks have declared that the worst of the economic slowdown may be behind us. This has also vaulted many of the world equity markets to new relative highs (refer to this weeks WCTS blog for more). At the same time many bond markets are moving lower reflecting the perception that inflation rather than deflation ought to be the concern going forward. As highlighted in the July edition of the CRI newsletter, the period from the end of July through the Labor day weekend may possibly see a 'blow-off-top' in many markets as long standing upside targets are finally being hit. Once September is upon us, all best are off! Commodity prices themselves have generally remained within their previously report trends. Of notable exception; Cocoa has broken to the upside and Oats have broken to the downside.

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 July 17, 2009

Hello and welcome back to CRI's WCTS Spotlight



071709: A very real risk during 'fear cycles' are dramatic rallies in commodity prices that seem to come out of nowhere. This week saw several of these rallies - where prices had broken down and long positions had been 'stopped-out' only to see violent swings back to the upside on light volume. Specifically, The Nasdaq 100, Orange Juice and Cotton (refer to this weeks WCTS blog for more) have reversed their recent bearish price action and forged to new relative highs. While I am reluctant to assume new positions in this notoriously light volume time of year, one can't help but appreciate these quick bullish reversals during this 17.5 year 'fear cycle'. Shorts ought to be careful for the remainder of July and through the dog days of August.


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 July 03, 2009

Hello and welcome back to RI's WCTS Spotlight



070309: As the second quarter has come to an end, many of the predominant trends in the commodity markets are starting to break down. While few new signals have been registered, quite a few 'stop's' have been hit suggesting the dead cat bounce off the panic lows from last fall/winter have exhausted themselves. Of note this week - crude oil and corn look toppy while natural gas and wheat look like they are getting ready for a serious push lower. I'll keep watching the first two weeks of the quarter play out before making any serious predictions for the entire quarter, but June's rather poor US employment situation report (published July 2nd) cast a very negative tone on the broader market and it looks like that negative inertia is gaining momentum.

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