by Greg Guenthner
Daily Reckoning
Some of the best trading opportunities we’ve seen in months keep popping up in commodities.
The great commodity supercyle is history. But wild bear market rallies can happen with little warning. These “supercycle snapbacks” are fast and messy. But they can line your pockets in no time flat.
I know it’s hard to wrap your mind around a commodities trade when you’re bombarded by constant shrieks about the possibility of global recession. It’s still too early to make a final call on that one. But it’s not too early to determine that certain commodities are flashing strong buy signals right now. You can debate why they are. But you can’t deny what we’re seeing in the markets right now…