---
title: "Markets and Commodities"
url: https://independentstockanalysis.com/markets-and-commodities/
description: "Another sign of an unhealthy market: Dow Transports Lagging Industrials . ECB Said to Await German ESM Ruling Before Settling Plan ( Business Week )…"
published: 2012-08-24
updated: 2012-08-24
---

# Markets and Commodities

Published 2012-08-24

Posted on

by

J.J. Butler

Another sign of an unhealthy market: [Dow Transports Lagging Industrials](http://www.seeitmarket.com/chartology-dow-transports-lagging-industrials/). ECB Said to Await German ESM Ruling Before Settling Plan ([Business Week](http://www.businessweek.com/news/2012-08-24/ecb-said-to-await-german-esm-ruling-before-settling-plan)), which could create uncertainy. Conversely, a rally anyway would be quite bullish. Weal C.

Looks like the copper market is signaling a top in the SP 500 at [Crude Oil Trader](http://crudeoiltrader.blogspot.com/2012/08/looks-like-copper-market-is-signaling.html#.UDJqmaCDmSo).

It was not my intent turn *ISA* into a subscription site and then get all negative. Be assured I was a housing bear last decade. But no more. “This is what a housing recovery looks like.” [Brian Westbury](http://www.ftportfolios.com/Commentary/EconomicResearch/2012/8/23/new-single-family-home-sales-up-3.6percent-in-july-to-a-372,000-annual-rate,-beats-concensus).

**Commodity snapshot** at [Bespoke](http://www.bespokeinvest.com/thinkbig/2012/8/23/bespokes-commodity-snapshot.html).

In Bad news for miners, good news for investors, the beat up mining complex is examined ([Globe and Mail](http://www.theglobeandmail.com/globe-investor/markets/market-blog/bad-news-for-miners-good-news-for-investors/article4495370/)). With iron ore having been the weakest, note this Vale [chart](http://www.freestockcharts.com/tweets/?chart=3cf1f564-c7ba-40df-ae57-bd8110e502b7&refURL=http%3a%2f%2ffsc.bz%3a81%2fOdW).

Jim Rogers loves agriculture: [AMP 2012](http://amp2012.com/2012/08/19/jim-rogers-reveals-the-next-great-commodity-investment%e2%80%8f/). Beans in the teens! Soybeans at Record, Trade Above $17 at [Commodity Blog](http://www.commodityblog.com/commodity-prices-soybeans/soybeans-at-record-trade-above-17). The drought and the Mississippi river: [Bruce Krasting](http://brucekrasting.com/low-water-slow-boats/).