The chart of the day is from James Quin via the Market Oracle that shows short term break outs in several key commodities. Is there a hint of future inflation here or is it yet another false alarm?
Oversold Rally — 0r More?
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A strong oversold rally, aided by some earnings reports, has carried $SPX
back up to its 20-day moving average. It remains to be seen, though, if it
can fo...
10 minutes ago