Stock investing, and stock trading - Effect of the dollar on the basic material stocks.

The commodity and basic materials stocks have been one of the hottest areas in the stock market over the last 7 years or so. These stocks can be affected by the value of the US dollar, and their bull market has been influenced in a major part by the weakness in the US dollar.

While, generally the prices of these stock are negatively correlated with the US dollar, this past Friday, the US dollar improved markedly, while the sp500 stock index actually rise. This is not common, and is a welcome outcome for US stock investors. It can however make certain stock market sectors vulnerable if the dollar were to continue to rise. Therefore, we consider it important to keep an eye on the US dollar on the eve of tomorrow stock trading session, and if the dollar does not weaken, we have to keep a special eye stocks from the basic material sectors as they may be affected on Monday.

Since there are thousands of such stocks, it is not practical to watch and analyze all of them, but keeping an eye on the most active stocks in this sector might provide warnings on any potential retreat. The list below contains examples of such stocks.

A way that some investors and stock traders hedge a divergence between the US dollar and these sectors of the stock market, is shorting a basic material EFT stock if they want to hedge against a rise in US dollar.

In a stock brokerage account, one can also take a position on the US dollar by buying a long-dollar stock ETF. However the gyrations that happen during the nights in the USD dollar may not be captured. Note that this can present some problems, if for instance if the dollar were to move significantly overnight, it can result in morning gaps in US dollar stock EFTs, which trade during normal stock market hours only.

Ticker Company
SD SandRidge Energy, Inc.
EXH Exterran Holdings, Inc.
NGBF New Generation Biofuels Holdings, Inc.
NXG Northgate Minerals Corp.
GMXR GMX Resources Inc.
URG UR-Energy Inc.
GTE Gran Tierra Energy, Inc.
GGB Gerdau S.A.
XCO EXCO Resources Inc.
IVAN Ivanhoe Energy Inc.
DPTR Delta Petroleum Corp.
HAL Halliburton Company
KWK Quicksilver Resources Inc.
ANR Alpha Natural Resources, Inc.
MCP Molycorp, Inc.
MFN Minefinders Corp. Ltd.
BQI Oilsands Quest, Inc.
LNG Cheniere Energy, Inc.
QEP QEP Resources, Inc.
YONG Yongye International, Inc.
PDS Precision Drilling Corporation
DNN Denison Mines Corp.
PXP Plains Exploration & Production Company
OIS Oil States International Inc.
POL PolyOne Corporation
URRE Uranium Resources, Inc.
RBY Rubicon Minerals Corporation
HOC Holly Corporation
BHI Baker Hughes Incorporated
MMR McMoRan Exploration Co.
SSRI Silver Standard Resources Inc.
GBG Great Basin Gold Ltd.
SID Companhia Siderurgica Nacional
HUN Huntsman Corporation
EMN Eastman Chemical Co.
CVE Cenovus Energy Inc.
PWE Penn West Energy Trust
EROC Eagle Rock Energy Partners, L.P.
TGB Taseko Mines Ltd.
SWN Southwestern Energy Co.
ATPG ATP Oil & Gas Corp.
RDS-B Royal Dutch Shell plc
NGD New Gold, Inc.
ECA EnCana Corp.
IPI Intrepid Potash, Inc.
MON Monsanto Co.
TOT Total SA
PLG Platinum Group Metals Ltd.
DOW The Dow Chemical Company
TTI TETRA Technologies Inc.
PBR-A Petroleo Brasileiro
KOG Kodiak Oil & Gas Corp.
HP Helmerich & Payne Inc.
POT Potash Corp. of Saskatchewan, Inc.
ATLS Atlas Energy, Inc.
KEG Key Energy Services Inc.
PBR Petroleo Brasileiro
SUN Sunoco Inc.
FTO Frontier Oil Corp.
PTEN Patterson-UTI Energy Inc.
RIG Transocean Ltd.
AEM Agnico-Eagle Mines Ltd.
DD EI DuPont de Nemours & Co.
MOS Mosaic Co.
PDE Pride International Inc.
EGO Eldorado Gold Corp.
SOA Solutia Inc.
GOLD Randgold Resources Ltd.
OXY Occidental Petroleum Corporation
RDC Rowan Companies Inc.
BP BP plc
DNR Denbury Resources Inc.
CMC Commercial Metals Company
ABX Barrick Gold Corporation
CVX Chevron Corp.
SLB Schlumberger Limited
CLR Continental Resources Inc.
CHK Chesapeake Energy Corporation
HMY Harmony Gold Mining Co. Ltd.
PGH Pengrowth Energy Trust
CXO Concho Resources, Inc.
NE Noble Corp.
KGC Kinross Gold Corporation
IVN Ivanhoe Mines Ltd.
COIN Converted Organics Inc.
NSU Nevsun Resources Ltd.
RTK Rentech, Inc.
XING Qiao Xing Universal Resources, Inc.
WTI W&T Offshore Inc.
AGU Agrium Inc.
TIE Titanium Metals Corporation
VALE Vale S.A.
PVA Penn Virginia Corp.
GG Goldcorp Inc.
CENX Century Aluminum Co.
NBR Nabors Industries Ltd.
DO Diamond Offshore Drilling Inc.
NEM Newmont Mining Corp.
PAAS Pan American Silver Corp.
STR Questar Corporation
MRO Marathon Oil Corporation
SE Spectra Energy Corp.
AU AngloGold Ashanti Ltd.
HLX Helix Energy Solutions Group, Inc.
ASH Ashland Inc.
HK Petrohawk Energy Corporation
EOG EOG Resources, Inc.
STO Statoil ASA
ME Mariner Energy, Inc.
RIO Rio Tinto Plc
SLT Sterlite Industries (India) Ltd.
SU Suncor Energy Inc.
FRG Fronteer Gold Inc
ATI Allegheny Technologies Inc.
ICO International Coal Group, Inc.
WMB Williams Companies, Inc.
TLM Talisman Energy Inc.
ESV Ensco plc
GFI Gold Fields Ltd.
NBL Noble Energy, Inc.
CNQ Canadian Natural Resources Limited
PZG Paramount Gold and Silver Corp.
ALB Albemarle Corp.
PDC Pioneer Drilling Co.
RRC Range Resources Corporation
NXY Nexen Inc.
REE Rare Element Resources Ltd.
PX Praxair Inc.
OLN Olin Corp.
END Endeavour International Corporation
UPL Ultra Petroleum Corp.
WLT Walter Energy, Inc.
APA Apache Corp.
FTI FMC Technologies, Inc.
AEZ American Oil & Gas Inc.
MUR Murphy Oil Corporation
NOV National Oilwell Varco, Inc.
XOM Exxon Mobil Corp.
COP ConocoPhillips
FCX Freeport-McMoRan Copper & Gold Inc.
BEXP Brigham Exploration Co.
CPX Complete Production Services, Inc.
GRS Gammon Gold, Inc.
BHP BHP Billiton Ltd.
HES Hess Corporation
CF CF Industries Holdings, Inc.
COG Cabot Oil & Gas Corporation
VLO Valero Energy Corp.
FOE Ferro Corp.
BBL BHP Billiton plc
HERO Hercules Offshore, Inc.
CAM Cameron International Corporation
SDRL SeaDrill Limited
CYT Cytec Industries Inc.
PVX Provident Energy Trust
STLD Steel Dynamics Inc.
NFX Newfield Exploration Co.
CCJ Cameco Corp.
EP El Paso Corp.
GEL Genesis Energy LP
BVN Compania de Minas Buenaventura SA
PXD Pioneer Natural Resources Co.
PEIX Pacific Ethanol, Inc.
GLBL Global Industries Ltd.
NLC Nalco Holding Co.
WFT Weatherford International Ltd.
PQ PetroQuest Energy Inc.
CLF Cliffs Natural Resources Inc.
LINE Linn Energy, LLC
ANV Allied Nevada Gold Corp.
BTU Peabody Energy Corp.
NGAS NGAS Resources Inc.
DVN Devon Energy Corporation
MT Arcelor Mittal
GSS Golden Star Resources, Ltd.
FST Forest Oil Corp.
CE Celanese Corp.
EPD Enterprise Products Partners LP
UEC Uranium Energy Corp.
ACI Arch Coal Inc.
ERF Enerplus Resources Fund
AUY Yamana Gold, Inc.
NOG Northern Oil and Gas, Inc.
CNX CONSOL Energy Inc.
SGY Stone Energy Corp.
ATW Atwood Oceanics, Inc.
TS Tenaris SA
SLW Silver Wheaton Corp.
AKS AK Steel Holding Corporation
APC Anadarko Petroleum Corporation
NUE Nucor Corporation
SWC Stillwater Mining Co.
SVM Silvercorp Metals Inc.
MTL Mechel OAO
AA Alcoa, Inc.
BPZ BPZ Resources, Inc.
SM SM Energy Company
HL Hecla Mining Co.
SCCO Southern Copper Corp.
GDP Goodrich Petroleum Corp.
LYB LyondellBasell Industries NV Or
IOC InterOil Corporation
NG NovaGold Resources Inc.
ALY Allis-Chalmers Energy, Inc.
UXG US Gold Corporation
DVR Cal Dive International Inc
TCK Teck Resources Limited
TSO Tesoro Corporation
NR Newpark Resources Inc.
SFY Swift Energy Co.
JRCC James River Coal Co.
PCX Patriot Coal Corporation
TC Thompson Creek Metals Company Inc.
CDE Coeur d`Alene Mines Corporation
PAL North American Palladium Ltd.
PPO Polypore International Inc.
GMO General Moly, Inc.
JAG Jaguar Mining Inc.
HDY Hyperdynamics Corporation
URZ Uranerz Energy Corp.
VGZ Vista Gold Corp.
WNR Western Refining Inc.
TGC Tengasco Inc.
FTK Flotek Industries Inc.
MEE Massey Energy Co.
GU Gushan Environmental Energy Limited
EXK Endeavour Silver Corp.
CPE Callon Petroleum Co.
TGA TransGlobe Energy Corp.
PUDA Puda Coal Inc.
ROSE Rosetta Resources, Inc.
SHZ China Shen Zhou Mining & Resources, Inc.


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