It feels like I'm reading the headlines backwards.  Dollar up, market up, oil down, gold down, commodities taking a hit.  This is not standard fare over the last couple of years.  Even the prudent European economy who has a steadily growing economy and a properly appreciating currency has taken a blow recently.  There is a chink in their armor.  So what's going to happen next?  Who knows, my crystal ball is broken, but the velocity of the current moves will have to abate at some point I should think.  If not, oil goes to $0 and how will Barack gives us our just $1,000 "rebate" from the "greedy" oil companies if that happens?  OK, all kidding aside, my take on this is that the trend is changing.  As trends go, this won't happen overnight, so it's probably about time that things take a breather.  I think over the next month or so, oil and other commodities may tick a bit higher or be relatively flat.  Don't get me wrong, I'm not running to go long oil futures, but I have think after the substantial move to the downside that things will slow a bit.  There may even be some periods where oil spikes a bit on a weekly basis.  If you're a reader of the Bloomberg news sites, you may have come across the charts.  If not, here's a look below:

This appears to be a trend change.  Again, I don't hold the real crystal ball, but I'm starting to believe that the commodity bull run may be coming to a close ... at least for the short term.  As of recent, this seems to be a boon for equities.  I'm still holding steady with my diverisification across many different asset classes.  I have not sold any of my DBC holding (admittedly, it's quite tempting).  Just simply color me as an emerging believer that the trend in commodities may be changing.

An observation that I thought I'd share.