This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Top Takes From RealMoney

On a separate note, I was asked to comment on Santander (BSBR). I really have no edge on the short-term trading. I am, however, constructive on Brazil over the long term and own Vale (VALE - Get Report) and Petrobras (PBR.A - Get Report). I have also owned the (EWZ) in the past. I may or may not own Santander in the future after the shares settle, but I choose to sit out the short term, as daytraders are hyperfocused on this one ticker -- I manage many positions across many asset classes -- and big arb desks (buy the parent, short the IPO) come out with all guns blazing. Know when/where you have an edge.

Position: Long BAC stock, BAC calls, VALE stock, VALE calls, PBR.A stock and GS calls

The Perfect Trade?

By Robert Marcin
10:56 a.m. EDT

Commodities can do no wrong. Bad economy or good economy, bulls and bears alike love them. The bulls like them for the reflation trade. The Armageddonists love them as a hedge to dollar debasement that comes with an economic collapse. All talking heads gush positively on Bubblevision.

And everyone knows they have been on fire lately, right? Well, that's not really true. Crude oil has been flat for four months. Copper and gold work higher for sure. But many other commodities have been and continue to be lousy. Lumber, natural gas, steam coal, most grains, steel, electricity, pork bellies and cattle are all down materially this year.

Could it be that speculators have a crush on precious/industrial metals and crude oil? If inflation were about to rage, wouldn't all commodities be rocking? Surely, the fast-money guys want you to bid up the momentum commodity stocks; they pump them all day on CNBC. But something just doesn't seem right to me regarding the commodity trade.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
TBT $44.17 2.40%
EWZ $34.60 -2.20%
WFC $55.21 0.77%
VALE $7.16 -3.60%
AAPL $129.32 0.67%

Markets

DOW 18,220.10 +87.40 0.48%
S&P 500 2,112.24 +7.74 0.37%
NASDAQ 4,997.29 +33.7630 0.68%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs