The European Central Bank seemed to have disappointed investors yesterday after a lack of action sent markets reeling. The July US Nonfarm payrolls were reported better than expected today, which has so far sent markets soaring. With no clear advantage to the bulls or bears right now, I think it makes sense to sit tight. Here is what I'm looking at for commodities: 

Commodities Essential. 3 August 2012

Trade Essentials.

No new recommendations or adjustments at this time.