US Markets

DJIA8279.63chart-549.41
NASDAQ1426.47chart-109.10
S&P 500830.69chart-65.55
2008-12-01 15:40

Intl. Markets

FTSE4065.49chart-222.52
DAX4394.79chart-274.65
Nikkei8397.22chart-115.05
2008-12-01 11:46

Commodity Futures

Oil49.28chart-5.15
Gold773.10chart+0.00
Copper1.65chart+0.00
2008-12-01 15:17

Treasury Yield

13 Weeks0.01chart-0.01
5 Year1.72chart-0.22
10 Year2.72chart-0.24
2008-12-01 14:59

Exchange Rates

JPY93.18chart+0.00
EUR0.79chart+0.00
GBP0.67chart+0.00
2008-12-01 15:38

Dumb Investing

Dumb Investing: Investment Themes »

The recent pulldown in commodity prices has not convinced me to reduce allocation in gold/energy. Investors bought into the “demand destruction” theory while the US Dollar went up in response to problems in the European Union.  In herd-like fashion, hedge funds and institutions exited in tandem, triggering stop loss orders and heralding the “end of the commodities boom”.
I [...]