Crude Oil: I Would Suspect It Is Going To Test The Lows Again

Certainly is the most important commodity far and away wether you like or not. Oil has come straight up in the last few weeks, So I don`t like to buy anything that is going straight up. I would suspect it is going to test its lows sometime in the next few weeks. That is normally what happens when you have a total collapse and you have a bounce. This is the way markets work.

Related trading instruments: Nymex Crude Oil futures, United States Oil Fund LP ETF (USO), Exxon Mobil (XOM), Energy Select Sector SPDR ETF (XLE), Marathon Oil (MRO), ConocoPhillips (COP)

Emerging Markets: Positive Changes In Russia, Kazakistan

I was bearish in Russia for 46 years. I first went to Russia in 1966, to many of the Soviet countries in 1966 and came home and said, "this is going to be a disaster." So I was bearish for the rest 46 years. But changes are taking place in Russia. I am not bullish in Ukraine, I find myself now being positive on Kazakistan to my surprise. I see big changes taking place place in former Soviet states and some of them are very interesting, including Russia.

Related ETF: Market Vector Russia ETF Trust (RSX)