From the desk of Ian Culley @IanCulley
Commodities have been on the ropes for more than a month. As for commodity stocks, they’ve been under pressure since the start of Q2.
But the steep decline in these inflationary assets is beginning to slow – and it couldn’t happen at a more logical place.
The CRB Index and numerous bellwether commodity stocks are digging in and finding support at key levels. Whether these levels hold is anyone’s guess.
But the first step of the base building process is to stop going down.
Let’s take a look. [Read more…]