Commodities Essential - May 10, 2011

Knocked Down:  Silver and crude oil among the biggest losers …

 Adding the position in ZSL proved to be very well timed; but I didn’t expect silver would continue to fall as far and fast as it did. Still, we saw a nice profit in ZSL and now the commodity complex is looking to get up and dust itself off. Despite some major downside moves, I think it can …

Commodities Essential. 10 May 2011

Trade Essentials.

 Adjust the stop-loss on BOM

          BOM (Last Price: $11.30)

CANCEL and REPLACE your order to “SELL ALL your shares of PowerShares DB Base Metals DoubleShort Fund, symbol BOM, at $9.80, STOP.” NEW PRICE: $10.60, STOP.