WCTS Spotlight for the week of December 19th, 2008

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121908: The dramatic up-move in the US dollar has calmed down and is starting to correct. As a result, most of the short trades in the European currencies have hit their respective stops. Interestingly, neither of the commodity currencies (Cdn. dollar & Aussie dollar) have yet to bottom vs. the greenback. Interest rates around the world continue to fall as the economic picture still looks rather cloudy. Similarly, most equity markets continue to point lower even though we are entering a seasonally strong period for stocks. Short trades still dominate the majority of commodities but it is worthy to note the age of these down moves. One ought to expect some sort of counter trend rally relatively soon. Most notably, Cotton prices have bottomed and look to be one of the only commodities currently in rally mode. Is this a leading indicator? Only time will tell.

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 November 11th, 2008

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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/

WCTS Spotlight for the week of October 31st, 2008

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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/

WCTS Spotlight for the week of October 24th, 2008

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102408: As investor panic is almost at a peak many of the markets followed here at either hitting their downside targets or are very near them. The long awaited correction in the US dollar is now apon us and one should welcome it rather than look on it with distain. Once this rally exhausts itself, one may see commodity prices once again resume their upward trend. Until then, commodity prices in general look to be moving lower in unison. Of particular note this week, longer term US treasury prices have put in a well defined double top on the long term charts. With the anticipated increase in US government bond supply, the market is getting ready for higher long term interest rates. Consumers Beware!

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 September 19th, 2008

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As per the comment above (and almost a carbon copy of last weeks comment), harvest season will add significant supply to the market place. As well, the current global economic slowdown will reduce demand. The end result could be a substantial drop in price.

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 September 5th, 2008

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As per the comment above, harvest season will add significant supply to the market place. As well, the current global economic slowdown will reduce demand. The end result could be a substantial drop in price.

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 15th, 2008

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As per the comment above, as the US Dollar bottoms gold has topped. It may take some time before an uptrend resumes for gold or gold shares (refer to TTA 08/08/08).

That's all for this issue of the WCTS Spotlight,

Brian Beamish FCSI
the_rational_investor@yahoo.com
http://www.the-rational-investor.com