Fwd: The Good Doctor Screams "Buy!"

---------- Forwarded message ----------
From: Rude Awakening <rude@agorafinancial.com>
Date: Thu, Jul 3, 2014 at 7:04 AM
Subject: The Good Doctor Screams "Buy!"
To: iammejtm@gmail.com

2014 has been a year of quiet commodity rallies. July 03, 2014     The Good Doctor Screams "Buy!"   Base metals heat up "Doc Cop" reaches for a breakout Plus: How to cope with your 8-year car loan   Greg Guenthner coming to you from Baltimore, MD... Greg Guenthner 2014 has been a year of quiet commodity rallies. The CRB Index, which tracks a large, diverse batch of commodities, easily whipped the stock market's first-half performance. While the S&P 500 gained above 6% during the first six months of the year, the CRB put up double-digits gains. Now, it's time to trade a metal that's flashing a powerful (and unexpected) breakout... Back in March, I offered you a play on two metals. I suggested you buy palladium--and sell copper. Why? Let me set the scene for you... Copper futures had just dropped below $3 for the first time since 2010. Chinese stocks, which have strong correlations to copper, were trending lower. Even though Dr. Copper hadn't been a great barometer for U.S. stocks over the past couple of years, it holds sway in Asia. Things weren't looking bullish, that's for sure. But I was only half-right. Yes, palladium has been a great trade (both long- and short-term). But copper's trip below $3 was short-lived. The good (and sneaky) doctor fooled us with a false move lower. By early April, copper was making its way higher once again. Yesterday's move looks like a huge buy signal for Dr. Copper. The metal has slowly trended lower since it peaked near $4.50 in 2011. But yesterday's move was incredibly telling. Not only did copper jump nearly 2% on the day--it also cleared critical resistance, breaking the downtrend that has trapped the industrial metal for nearly three years. Just as copper is on the ropes, it fights back with a vengeance. While copper isn't the final word on the strength of the world economy, its swift rise is reflecting better-than-expected economic data that has been trickling in across the globe... "The rise in copper carries a lot of implications for the direction of commodity prices, copper shares, and the global economy," John Murphy reports over at Stockcharts.com. "Strong global manufacturing data increases the demand for copper which is a play on global strength. This week's stronger manufacturing data in the U.S, UK, Japan, and China are giving it a big boost. Today's copper gains are most likely coming from strong data out of China, and a strong Chinese stock market. Copper is also getting a boost from strong data in autos and homebuilders, which are big users of the industrial metal." Copper is a buy here. This breakout could be the beginning of a huge move higher...         This could pay you for the rest of your life America has found new oil. Lots of it. Imagine a monthly income stream that never runs dry, no matter how long you live. It's the dream of every investor... but a reality for a select few. So why is this never-ending income faucet ignored by so many? Maybe Wall Street doesn't want you to know the truth about its easiest… most powerful income-generating system. Click here and discover how to plug into this income stream today.           Rude Numbers Targets, Predictions and Wild Guesses   6.1% is the new unemployment rate here in the U.S. as of this morning. That's coming in at a six-year low as employers added more job that expected last month... 288,000 jobs were added in June. The median forecast from a Bloomberg survey was expecting a gain of 215,000 jobs... $1,317 is where you'll find gold futures this morning. The yellow metal has dropped about $14 in early trading. Meanwhile... $21.11 is the price of silver this morning. After posting a big gain in June, the poor man's precious metal looks like it might be ready to cool off... 1,973 marks the spot for S&P futures just before the bell. Stocks are looking at yet another positive open before the long weekend...     Rude Trends When to Buy... When to Sell   "How can you fail to mention the impact of subprime loans on auto sales?" asks a miffed reader regarding yesterday's rust bucket recommendation. "Cheap money leads to more sales and eventually higher prices." You're right. Borrowers with weaker credit are helping drive auto sales higher. You want to know what's even crazier? An eight year car loan. As my colleague Dave Gonigam has pointed out several times over in the pages of the 5 Min. Forecast, the average auto loan now stretches to 66 months, while nearly a third of all vehicles getting financing are leased. "Six- and seven-year loans are becoming an increasingly popular choice -- and some lenders will even stretch out those payments eight years," CNBC reported last year. "These long-term loans allow buyers buy the vehicle they want with the monthly payments they can afford. But it also means they will pay more overall." Who in their right mind would want to stretch out a car loan for 8 years? That's insane. But like I said yesterday, it's impossible to ignore the fact that sales are beating expectations. Add in the aging autos in the collective fleet and a few compelling breakouts and you have a solid recipe for gains. [Ed. Note: Send your feedback here: rude@agorafinancial.com - and follow me on Twitter: @GregGuenthner]     Ignore At Your Own Peril Today's Must Read Links   How to Quickly Become an Oil Millionaire without Owning Land WARNING: The Government May Now Consider You a Terrorist‏ World's Most Valuable Tech Companies for 21-Cents?     BE SURE TO ADD dr@dailyreckoning.com to your address book.       Additional Articles & Commentary: Join the conversation! Follow us on social media:         The Rude Awakening is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to Agora Financial delivering daily email issues and advertisements. To end your Rude Awakening e-mail subscription and associated external offers sent from The Rude Awakening, click here. Please read our Privacy Statement. For any further comments or concerns please email us at rude@agorafinancial.com. If you are you having trouble receiving your Rude Awakening subscription, you can ensure its arrival in your mailbox by whitelisting The Rude Awakening. © 2014 Agora Financial, LLC. 808 Saint Paul Street, Baltimore MD 21202. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investment advice. We expressly forbid our writers from having a financial interest in any security they personally recommend to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.

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Jeremy Tobias Matthews