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Gold Is Plunging -- Which Commodities Are Joining It?

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By: Street Authority

Although the U.S. stock market has generated a healthy glow this year, the commodity complex appears to be entering into a growling bear market. Just consider these stats:

  • After a sharp drop on April 15, gold has plunged nearly 20% since the year began and nearly 30% since hitting an all-time high of around $1,900 per ounce in the autumn of 2011.
  • West Texas crude oil has slipped from $97 per barrel to $87 in just the past two weeks.
  • Copper has slid roughly 12% this year and is off roughly 27% since the summer of 2011 peak.
  • If aluminum breaches the 80 cents per pound mark (it's currently at 82 cents), it will see its lowest levels since the summer of 2009.

Unless these commodities quickly stabilize, they will all start to break key resistance levels and head even lower. Yet it's unwise to lump all commodities together, and the factors affecting one of them is quite distinct from all others. Continue reading "Gold Is Plunging -- Which Commodities Are Joining It?" →

5 Critical Threats To The Bull Market

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Nothing good lasts forever, including the amazing bull market that investors have enjoyed this year.

Fueled by ultra-low interest rates, solid corporate earnings and a Federal Reserve that says it will do whatever it takes to jump-start the economy, stocks have been breaking record after record as they surge higher. The Dow Jones Industrial Average has rallied more than 1,800 points since Jan. 1 -- and money keeps pouring into the market. Continue reading "5 Critical Threats To The Bull Market" →

4 Trends You Need to Know About This Bull Market

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As the markets reach new highs, investors have begun to express caution instead of celebration.

Since Nov. 15, 2012, the SP 500 has risen an impressive 15%. That works out to be a 45% annualized gain. And the whole time, a significant number of investors have remained dubious, citing ample reasons why the market should be moving lower -- not higher. And as the market has climbed this "wall of worry," even the most ardently pessimistic bears have thrown up their hands in dismay. Continue reading "4 Trends You Need to Know About This Bull Market" →

How to Protect Your Portfolio From the Sequester

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The "fiscal cliff" deadline came and went without even a bearish whimper from the stock market. Now, the so-called "budget sequester" -- a set of laws that limit federal spending -- was put into effect on March 1. Absolutely nothing negative has happened to the economy -- so far.

The bullish reactions to these events, which may result in long-term, negative overhang on the thriving stock market, have lulled many investors into a false sense of security. These satisfied investors point to the stock market roaring higher, steadily improving economic numbers and to bad news being dismissed as irrelevant as sure signs that the market's surge won't end any time soon.

But investors should be concerned... Continue reading "How to Protect Your Portfolio From the Sequester" →

Forget Ford and GM, Buy These 6 Stocks Instead

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Americans still have a healthy obsession with cars. That was on display last week, with February car sales beating the most optimistic projections for the second month in a row, while rising to their best level in more than four years. According to research firm Autodata, annual sales, a closely followed industry benchmark, rose to 15 million units in 2012, the best pace since 2008, before the financial crisis crushed demand and threw the industry into turmoil.

Clearly, in spite of rising gasoline prices and the payroll tax increase from the "fiscal cliff," cars are still quite popular, taking priority over debt payment or vacation for most Americans.

And this passion for cars is creating an opportunity for investors to profit in a big way. Continue reading "Forget Ford and GM, Buy These 6 Stocks Instead" →