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September 01, 2020 10:18am
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3 Commodity Stocks To Sell On The Pop: KMI, TCK, BHP

Bullish forces have returned to Wall Street as market participants appear to be changing their tune regarding the looming Fed taper; investors seem to be embracing the potential reduction in bond-repurchases judging by the market’s upbeat reaction to better-than-expected economic data, which up until recently served as an excuse to lock-in profits before the taper. Nonetheless, volatile trading is likely to dominate markets over the coming days as uncertainty in Syria could spark worries that shift focus away from the Fed meeting slated for September 17-18 [for more commodity futures news and analysis subscribe to our free newsletter ]. Given the recent rally and impressive gains across Wall Street YTD, many are hesitant to jump in long, especially ahead of the possible taper announcement. As such, below we highlight three commodity stocks that may offer an attractive short selling opportunity for those looking to bet against some of the stellar run-ups already seen across Wall Street. See the full story here → Related Posts: Q2 Earnings Scorecard: Commodity Stock Hits And Misses Major Commodity Earnings This Week: Energy On Tap The World’s Biggest Copper Producers BHB Billiton Looks To Expand Coal Operations (BHP) 5 Must-Watch Commodity Earnings This Week
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