With oil at fresh multi-month highs, it's possible that momentum can carry the price farther than most think.

Oil Stocks clearing important bases

Given all the volatile moves in commodities in the past year, it would be helpful if there was such a thing as a single useful tool to track trends in commodities. Alas, it doesn't exist. People who make their living trading in the various commodities tell which ones they favor instead.

The market rout in 2008 has exposed the dangers of leveraged and leveraged inverse exchange-traded funds, designed to capture two or three times the movement in a particular stock index or provide 100% opposite results, as investors learned the hard way about the tax and performance distortions inherent in the funds.

Don't Step In The Bear Trap