By The Numbers
- Your First Move For Wednesday November 10th
- Lightning Round: Priceline.com, Citigroup, Transocean and More
- Web Extra: The Best Trades In Tech
- Lightning Round OT: STEC, ICICI Bank and More
- Pops & Drops: UPS, Electronic Arts...
- Herbalife Vs. Hedge Funds
- Cramer Jeers J&J, Applauds Abbott
- Cramer: In This Relay-Race Market, Who Gets Baton Next?
- Take Your Position: Retail Earnings
- The Return of Dividend Investing?
MOST SHARED
- Herbalife Vs. Hedge Funds
- Apple Surpasses Nokia as Top Cellphone Maker by Profits
- JPMorgan Chase to Hire 1,200 Mortgage Officers
- Gold Heading to $1150: Art Hogan
- Parsing Treasury's Loan Modification Report
- Adobe Cuts 680 Jobs, to Take Charge
- Cramer Jeers J&J, Applauds Abbott
- Toll Brothers: More Contracts Signed, but Sales Down
- Bear Stearn Fund Managers Not Guilty on All Counts
RSS FEED
Text Size 
The Reuters/Jefferies CRB Index is a global commodity benchmark which tracks 19 mostly U.S. traded commodities and has led a rally in the past weeks with a year-to-date performance surpassing the S&P, currently up 10% versus 3% YTD, driven in part by a depreciating dollar and speculation of an economic recovery.
The CRB Index which finished May up 14.4%, had its best percentage monthly gain in nearly 35 years and it is now trading near a 7-month high as it reached an intraday high of 260.91 on Tuesday, its highest level since 11/11.
The biggest winner amongst the CRB index components is RBOB Unleaded Gasoline delivery which is currently up 81.03% year to date as of Wednesday, and has been trading above its 200-day moving average since 5/8 amidst support from drawbacks in EIA crude supplies inventories, and the beginning of the summer driving season. Furthermore RBOB Gasoline has soared more than 144% since it hit an all-time record low level of 0.785 cents/gallon reached on 12/24/08.
CRB Index Components (as of 6/3 close)
 |
Commodity prices can impact stocks in both positive and negative ways. Companies that produce the commodities can get a lift from the rising prices, while others that are major users of the commodities can do well if they hedge their buying well or can get crushed if forced to buy when prices are high. As of yesterday's close, the biggest gainer from energy's rise in the past three month on the S&P 500 [.SPX
Loading...
()
] has been Massey Energy [MEE
Loading...
()
]. One of the biggest gainers overall has been AKS Steel [AKS
Loading...
()
], up 174% in the past three months.
The following pages depict the biggest gainers on the S&P from gains in Energy, Metals, and Agricultural commodities.
- Vote and suggest your own, and remember--there's a fine line between a hero and a zero.
- If you are lucky enough to have money and the time, this is a great time to see America, says CNBC's Jane Wells.
- What’s powering your microwave, fridge and computer? Part of it is fuel from Russian nuclear weapons. The NYT reports.
- One author sees lessons for you in Disney’s recent Makeover of Mickey Mouse: “Nice” doesn’t always win.
- With 123 years of history, slogans and commercials, Coca-Cola is the most recognized brand on earth.
- The opening of a virtual pet store in “World of Warcraft” could prove a cash bonanza for Activision-Blizzard.
Data is a real-time snapshot *Data is delayed at least 15 minutes