Saturday, March 31, 2012

ITZ Weekend Commodity Update

 Subscribe in a reader

WOW! What a first quarter it has been, best performing since 1998. But what will next Q bring? This coming Friday we get March 2012 NFP Jobs Report and soon after corporate earnings start rolling in.

ITZ likes the commodity sector, if the economy is seeing improvement...well this sector should benefit. The US Dollar looks like it is in a Head & Shoulders pattern, set to break lower. Gold, silver & oil look set to head higher.

Two more stocks on the buy list are GDX the gold miners index and oil services stock Halliburton (HAL), ITZ already has suggested Nation Oilwell Varco (NOV) in the OIH.

click on charts to expand images

No comments: