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The Dow Dropped 584 Points This Week. Why That’s Good News.

The stock market fell last week, but at least investors are starting to distinguish between winners and losers. Read More...

Business

MarketWatch

Market bottom or ‘very tough times ahead’? Here’s what one chart watcher is keeping his eye on

Investors say there’s no one chart that will signal when the stock-market bottom is in. In a Friday blog post, the founder of Kimble Charting Solutions pointed to the chart above for the Thomson Reuters Equally Weighted Commodities Index, which he said “will go miles and miles towards telling us if we are headed towards very tough times or if the huge declines of late are actually in a bottoming process.” The index tracks a basket of 17 commodities, including cocoa, coffee, copper, corn, soybeans, cotton, crude oil, gold, heating oil, lean hogs, live cattle, natural gas, platinum, silver, soybean oil, sugar and wheat.

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