2 Commodity Stocks To Buy On The Dip: COG and DOW
This bull is still raging. Major equity indexes continue to drift higher following the Fed’s decision last week to hold off from scaling back bond-repurchases. Although bullish forces have prevailed since this decision, it’s clear that market participants were disappointed with the fact that the Fed’s policy statement made no mention of the government shutdown as evidenced by the negative, volatile performance on 10/30/2013; this has led many to believe that because the Fed made no mention of the shutdown, it is signaling that it will proceed with the taper at the next meeting [for more commodity futures news and analysis subscribe to our free newsletter].
Major Commodity Earnings This Week: A Bit of Everything
As we make our way into the last quarter of the year, the eyes of investors and analysts turn to the performance of the most recent quarter. Q3 earnings season is upon us and has opened up with gloomy expectations, as many companies have already lowered guidance ahead of their reports. Below, we detail the most significant commodity firms that will release earnings this week [for more commodity news and analysis subscribe to our free newsletter]: