2 Commodity Stocks to Sell on the Next Pop: FTI, POT
Bullish forces continue to prevail on Wall Street thanks to upbeat economic data releases coupled with persistent expectations that the Federal Reserve’s monetary policy will remain unchanged in the foreseeable future. To top it off, stock have enjoyed a largely news- and drama-free landscape over the past two weeks, allowing for sentiment levels to remain elevated alongside equity markets [for more commodity futures news and analysis subscribe to our free newsletter]. Amid the ongoing “No-Taper” rally at home, many remain hesitant to jump in long ahead of the much awaited “Santa Claus” rally as the end of 2013 inches closer. As such, below we highlight two commodity stocks that may offer an attractive short selling opportunity for those looking to bet against some of the stellar run-ups already seen across Wall Street.