Sunday, November 8, 2009

WCTS Spotlight for the week of November 6th, 2009

Hello and welcome back to CRI's WCTS Spotlight



11/06/09: The US dollar continues to drift lower - showing no signs of a bottom yet. As a result, commodity prices and most of the greenback's trading pairs are comfortably pointing higher. The one currency that looked vulnerable, The British Pound, looks to be testing its' top in earnest. The one market that stands out is Pork bellies, but considering the oddity of the pork trading complex it may just be a case of contract expiry that launches prices up to the anticipated target of 127. Regardless, refer to this weeks' commodity trading blog for more...

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 1, 2009

WCTS Spotlight for the week of October 30, 2009

Hello and welcome back to CRI's WCTS Spotlight



10/30/09: A small bounce in the US dollar index occurred this week as the bear slide in the greenback hits its 1/2 year mark. While the bear flagpole formation suggested downside targets would come in near 77, there isn't a tradable bottom in the US dollar index yet. Most existing price patterns continue to exert themselves with just a couple markets breaking their existing trends. Two charts of note this week include the Canadian stock market (refer to WCTS 10/30) and a rather large bull flag pole formation in Pork Bellies.

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

Monday, October 26, 2009

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

Sunday, September 27, 2009

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

Sunday, August 9, 2009

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

Sunday, August 2, 2009

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

Saturday, July 25, 2009

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