Eoin personal portfolio loss taken on two commodity trades
Comment of the Day

January 06 2016

Commentary by Eoin Treacy

Eoin personal portfolio loss taken on two commodity trades

Eoin Treacy's view

A stop was triggered this morning on my Brent Crude Oil position as it dropped to a new low taking me out at $34.95 against my small purchase at $37.35. 

A stop was also hit on my palladium position which was triggered at $520 against my purchase at $546. 

While short-term oversold conditions are clearly evident I do not feel a desire to jump back in but would rather concentrate on areas of relative strength such as in gold where I am considering adding to my position. 

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