This Day On The Street
Continue to site
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

5 Technical Setups to Trade in the Commodities

BALTIMORE ( Stockpickr) -- It's been a tough year for stocks. As I write, the S&P 500 and the Dow are barely breaking even in 2011 with just three trading sessions to go for the year. It should come as no surprise, then, that investors are paying more attention to commodities in this market.

More and more, retail investors are realizing that buying "the stock market" isn't their only option to grow a portfolio. With asset classes ranging from fixed income and money markets to real estate and commodities, there are many alternatives to stocks out there that can offer equity-like returns with limited correlations to equity indices. Gold and oil provided one of the most salient examples of that fact back in 2007 when both commodities rallied dramatically as the floor was just starting to fall out from stocks.

>>5 Stocks That Could Rocket Higher

With the growing popularity of exchange traded funds, it's easier than ever to get exposure to scores of different commodity markets. With that in mind, we'll take a look at promising tech setups forming in the most significant commodity markets right now.

For the unfamiliar, technical analysis is a way for investors to quantify qualitative factors, such as investor psychology, based on a stock's price action and trends. Once the domain of cloistered trading teams on Wall Street, technicals can help top traders make consistently profitable trades and can aid fundamental investors in better planning their stock execution.

With that, here's a look at five commodity trading setups that could deliver breakout gains to your portfolio this week.
1 of 6

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
Only $9.95
14-Days Free

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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
GLD $118.36 -0.59%
DBB $11.82 0.77%
DBA $19.70 0.36%
USO $8.33 4.23%
SLV $14.99 0.27%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs