Leaders and Laggards: Commodity Stocks

With four months complete, 2014 has been a mixed bag for commodity producing stocks. While broad equity markets are hovering at about breakeven for the year, many commodity intensive stocks have made big pushes in both directions. Below is a look at some of the sectors that are both leading and lagging through the first four months of 2014:

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The Best and Worst Performing Commodities of Q1 2014

With the first quarter of 2014 on the books, investors are still digesting a slew of mixed economic reports, as well as looming uncertainty over the crisis in Ukraine. Equity markets have struggled to find a definitive direction so far this year – a vastly different environment from the record-breaking rallies seen at the end of last year. The commodities market also saw a fair amount of activity in Q1, as geopolitical tensions, severe weather, and global economic uncertainty (particularly in China) came into focus. Below, we outline some of the best and worst performing futures from the first quarter of this year [for more commodity news and analysis subscribe to our free newsletter]:

Posted in Agriculture, Brent Oil, Coffee, Copper, Energy, Heating Oil, Industrial Metals, Livestock, Lumber, Timber | Tagged , , | Leave a comment

U.S. Housing Market Faces Potential Headwinds

Since the unprecedented crash of 2008, U.S. markets have struggled to make up lost ground. After five years, the economy has finally started to pick up steam – slowly, but surely. And as the economy continues to pick up its pace, many investors are returning to the corner of the market that was one of the primary sources of the 2008 financial crisis: housing. Across the board, housing stats have been on the rise in recent years, including home prices, housing starts, building permits, and construction. A closer look at the industry in recent months, however, reveals several red flags [for more commodity news and analysis subscribe to our free newsletter].

Posted in Agriculture, Commodity Futures, Commodity Producers, Copper, Industrial Metals, Timber | Tagged , , , , , | Leave a comment

Q2 Earnings Scorecard: Commodity Stock Hits And Misses

2013′s second quarter earnings season was perhaps not what many analysts had expected, as companies across all sectors reported both hits and misses. In the commodity space, Alcoa had set the tone for the start of the season, beating estimates despite falling aluminum prices. And while other commodity stocks also managed to post better-than-expected results, some showed signs of weakness from this year’s commodity slump [for more commodity news and analysis subscribe to our free newsletter].

Posted in Actionable Ideas, Agriculture, Asset Allocation, Commodity Producers, Copper, Earnings, Energy, Gold, Industrial Metals, Lumber, MLPs, Natural Gas, Precious Metals, Timber, WTI | Tagged , , , , , , , , , , , , | 2 Comments

Major Commodity Earnings This Week: Big Oil On Tap

As earnings season draws to a close, the commodity world will see, arguably, its most publicized week. The next five days will feature earnings from some of the biggest oil firms in the world, with a few other companies sprinkled in. Investors will be especially keen to see how the recent spike in oil prices has impacted these major producers. Below, we outline some of the most prominent commodity firms slated to report earnings this week [for more commodity news and analysis subscribe to our free newsletter].

Posted in Agriculture, Brent Oil, Data Releases, Earnings, Energy, MLPs, Natural Gas, Timber, WTI | Tagged , , , , , , | Leave a comment

An Open Letter To The CKX Lands, Inc. Management And Board Of Directors

By Nat Stewart of NAS Trading LLC Dear CKX Lands’ Inc. Management and board of directors: Over the years, you have done an admirable job as stewards of the CKX Lands Inc. (CKX) properties. I am impressed by the high level of stock ownership by the board of directors and by the meager salaries both executives and directors draw from the company. I was also impressed by the recent moves taken to improve corporate governance practices by removing potential conflicts of interest. All things considered, you have done a fine job, an admirable job, of leading CKX Lands, Inc [for more commodity news and analysis subscribe to our free newsletter].

Posted in Academic Research, Agriculture, Energy, Lumber, Natural Gas, Timber, WTI | Tagged | 1 Comment

Housing Data Remains Strong, But Lumber Prices Suffer

As the U.S. economy finally picks up its pace, many investors are returning to the corner of the market that was one of the primary sources of the 2008 financial crisis: housing. Across the board, housing stats have been on the rise in recent years, including home prices, housing starts, building permits and construction. As such, interest in the raw materials involved in housing have also benefited from the uptrend, particularly lumber [for more commodity news and analysis subscribe to our free newsletter].

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Earnings Preview: TCP, LPX, BIP

With the earnings season well on its way, many investors still remain understandably skeptical about several commodity producers’ fourth-quarter reports as global economic uncertainties and demand concerns continue to plague the market. Earnings results thus far have been mixed, while lackluster economic data weighs heavily on commodities. Last week, however, oil giants Exxon Mobil (XOM) and Chevron Corporation (CVX) both posted solid Q4 profits, exceeding analysts’ expectations. Chevron’s victory, however, was short-lived after analysts at UBS cut its stock recommendation [for more commodity news and analysis subscribe to our free newsletter].

Posted in Agriculture, Asset Allocation, Commodity Producers, Earnings Reports, Energy, Natural Gas, Timber, WTI | Tagged , , | Leave a comment

Earnings Preview: Weyerhaeuser (WY) & Halliburton (HAL)

With the fourth quarter’s earning season in full swing now, investors have, for the most part, been pleasantly surprised. Though many companies have exceeded expectations, earnings estimates for several commodity producers remain rather bearish as global economic uncertainties and demand concerns have left many understandably leery. Last week, leading oil and gas equipment and services provider Schlumberger (SLB) missed analysts’ estimates, reporting fourth quarter net earnings that fell an abysmal 3.7%. Aluminum giant Alcoa (AA), however, reported revenues well above expectations, and the company predicts aluminum demand growth to rise in 2013–-a crucial and positive indicator for the global economy. This Friday, investors will shift their focus to two major commodity producers; Weyerhaeuser (WY) and Halliburton (HAL) [for more commodity news and analysis subscribe to our free newsletter].

Posted in Agriculture, Commodity Producers, Earnings Reports, Energy, Natural Gas, Timber, WTI | Tagged , | Leave a comment

3 Commodities For A Housing Recovery

Homebuilders and other housing industry stocks have been strong performers in 2012 as low interest rates offset higher underwriting standards for home loans. The SPDR S&P Homebuilders ETF (XHB) rose more than 54% since the beginning of this year, while the iShares Dow Jones U.S. Home Construction ETF (ITB) is up more than 74% over the same period [for more housing news and analysis subscribe to our free newsletter].

Posted in Agriculture, Commodity ETF Analysis, Commodity ETFs, Commodity Producers, Copper, Industrial Metals, Lumber, Timber | Tagged , , , , , , , , | 4 Comments