‘CRX (Commodity Index)’ Archive

Leading magazine says buy commodities- Are they on track?

CLICK ON CHART TO ENLARGE Barron’s has been bullish equities for a good while and they have been on track with this call! Now they are suggesting to “Buy Commodities.”  Are they on track again? The chart above looks at the Thompson/Reuters Commodity index on a monthly basis going back to the 1960’s. Back in […]

Commodity bottom right now? World gets lucky if it does says Joe!

CLICK ON CHART TO ENLARGE The large decline in Crude Oil and some other leading commodities of late has caused many to wonder if the world is entering into a period of “deflation.”  The above chart takes a look at the Thompson Reuters Commodity Index, over the past 50 years. The index hit a high […]

“Head & Shoulders Top” suggests 30% decline still possible

  CLICK ON CHART TO ENLARGE The TR Commodity Index has been in a fairly well defined rising channel over the past half century. After a solid rally that lasted around a decade (1972-1983), the index then peaked and fell for the next 20-years.  The index then hit the bottom of the channel back in […]