BALTIMORE ( Stockpickr) -- 2013 has been a mixed bag for commodity investors. While materials such as gold and steel have gotten shellacked this year, others, such as oil and hogs, have rallied hard since the start of the year.
That diversity is paving the way to gains right now in a handful of commodity-driven stock names this month. The timing couldn't be better. As I write, stock investors are cringing as the market flirts with all-time highs, wondering how much is too much for the S&P 500 and the Dow. With ramped-up anxiety starting to take its toll on stock performance in the last couple of weeks, it makes sense to focus on names getting more influence from outside factors like the commodities market.
To do that, we're taking a technical look at five commodity-focused stocks worth trading this week.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. >>5 Rocket Stocks to Buy This Week So, without further ado, let's take a look at five technical setups worth trading now.