Elliott Gue: My outlook for crude oil prices remains relatively unchanged since the beginning of 2012. Potential demand destruction brought on by persistently high oil prices should limit upside for oil prices (NYSEARCA:USO). Read more…

NYSE:USO, NYSE:XLE

Elliott Gue: Over the past two months, I’ve warned that the S&P 500 (NYSEARCA:SPY) could pull back by 5 percent to 10 percent this spring. Recent market action suggests that this correction may have started. If my forecast pans out, the second quarter could give us an opportunity to buy high-quality Read more…

NYSE:SPY

Elliott Gue:  There was no new recession in the US in late 2011 and the European sovereign credit mess did not devolve into a repeat of the 2008-09 financial crisis. An improvement in the outlook for global growth has helped drive a modest uptick in global steel prices and a similarly modest rally in the prices of Read more…

NYSE:SLX

Elliott Gue: With the ongoing EU sovereign-debt crisis conjuring painful memories of the 2008-09 financial crisis for many investors, bigger-picture concerns drove global equity markets in 2011. A surge in market volatility and the increased correlation between stocks reflect the primacy of macro Read more…

NYSE:DBO, NYSE:USO

Elliott Gue: Gold is money. For centuries, the yellow metal has been viewed as a store of wealth and a store of value that has largely maintained its purchasing power over time. Unlike fiat currencies such as the US dollar (NYSEARCA:UUP) or the euro, gold (NYSEARCA:GLD) cannot be created out of Read more…

NYSE:GDX, NYSE:GLD, NYSE:SLV, NYSE:UUP

Elliott Gue: The S&P 500 (NYSEARCA:SPY) posted a near-record gain in October, as investors reacted with relief to the news that EU leaders devised a plan to leverage the European Financial Stabilization Facility (EFSF). Read more…

NYSE:EWI, NYSE:EWP, NYSE:FXI, NYSE:SPY, NYSE:VGK