Getting Aboard Noah's Arc with Commodity Trades

By Kurt Kasun | May 15, 2008 | 1:48 PM | 1 Comment

With the the return to resource stocks shifting into a higher gear, a trading opportunity exists to trade the commodity sectors where buying momentum is accelerating.  A nice way to execute this strategy is to pick two names in each sector with stops as indicated below.  The anticipated time frame for this trading portfolio is one-two weeks.  I will monitor this portfolio and update with posted results.  

This is an example of a strategy I employ, and will be available to the public when my Global MegaTrends Portfolio service is available through Green Faucet later this month:

Disclosure Note:  Author is actively trading the names listed in the chart below.

Sector	Ticker	Stock	Entry Price	Stop
Gold	AEM	AGNICO EAGLE MINES	66.05	62.74
	KGC	KINROSS GOLD CP	19.86	18.86
Coal	ACI	ARCH COAL INC	63.55	60.37
	BTU	PEABODY ENERGY CORP	72.22	68.60
Nat Gas	DVN	DEVON ENERGY CP (OK)	117.5	111.62
	RRC	RANGE RES CORP	68.62	65.18
Dry B. Ships	TBSI	TBSI INTERNATIONAL	54.56	51.83
	DRYS	DRYSHIPS INC.	104.19	98.98
Metals	TCK	TECK COMINCO CL B	49.89	47.39
	FCX	FREEPORT MCMORAN B	119.04	113.08
Refiners	FTO	FRONTIER OIL CP	25.94	24.64
	TSO	TESORO CORP	24.76	23.52
Oil Service	CAM	CAMERON INTL CP	52.47	49.84
	RIG	TRANSOCEAN INC	151.29	143.73