Commodities Essential - January 27, 2012

Being George Soros.


 


The internet is abuzz with George Soros’ latest admissions to Newsweek. Because when it comes to major investing and economic themes, the world looks to Soros. I don’t blame them.


 


Additionally, the recent FOMC announcement dominates news headlines since it pretty much surprised the consensus. It should provide support going forward until a new hurdle pops up in the eurozone and/or George Soros is proven right in some capacity.


 


I am near-term bullish on commodities, and will be looking for reasonable entry points on new positions in the days ahead.



Commodities Essential. 27 January 2012 


 


Trade Essentials.


 Adjust the stop-loss on UNG …


 UNG (Last: $5.64)


  CANCEL and REPLACE your order to sell all shares of United States Natural Gas Fund, symbol UNG, at $4.77, STOP. NEW PRICE: $4.97, STOP; this order is good till cancelled.