WATCH NOW


    
 

Commodity Stocks Acting Well

08/27/2009 3:19 pm EST

Focus: STOCKS

Thomas Aspray

, Professional Trader & Analyst

chart
Click to Enlarge

Despite the concerns over China, the commodity markets look ready to close strong even though there was some early selling. Many of the commodity stocks like Southern Copper (PCU) still look very positive as PCU appears to be consolidating after breaking above its upper trading channel. Upside targets at $34-$38.

Related Articles on STOCKS

Keyword Image
Intel: In the Chips?
47 minutes ago

Quarterly results at Intel (INTC) topped expectations by a wide margin, in part because of strength ...

Keyword Image
Roku: Buy on the Pullback?
47 minutes ago

Don't believe the hype about "deteriorating guidance." Roku (ROKU) might not book a profit after all...