|Last Price$36.84||Day Change (%)-2.69%|
|Open Price$37.80||Day Change ($)-1.02|
|Day Range36.74–37.96||52-Week Range33.23–48.30|
As of Wed 10/01/2014 03:42 PM EST | USD
Basic materials companies are in a period of very mixed near-term outlook in terms of end-market demand.
Lower commodity prices and a break-up of the European potash cartel have weighed on basic materials stocks year-to-date.
Investment-grade bond spreads compress, but rising interest rates lead to a quarterly loss.
Coal ETFs carry above-average risk but offer compelling reward potential right now.
With demand weakening, input cost relief is the only hope for many basic materials companies in the first quarter of 2012.st
The near term will surely be bumpy, but valuations look prettier today than they have in years.
Funds with lots of mining exposure are riding high lately after a terrible 2008.
Fundholders should check their exposure to hot commodities.
These hot funds might cool off.