Tuesday, August 26, 2008

Commodity Snapshot

From Bespoke Investment Group
...After trading at the top of its range for what seemed like forever, oil finally traded to the bottom of its range late last week, and after touching extreme oversold territory, it finally bounced for a couple of days, only to see big declines again on Friday. Like most other commodities, natural gas unfortunately hasn't gotten a bounce. Since touching 13.58 in early July, nat gas is down 42%....


Go to Bespoke for the charts on eight other commodities.