Commodities Fall Again, Gold Under pressure (USO, UNG, GLD, SLV, CHK AONE, CNQ)

Commodities continued to slide on Tuesday weigh by continuous struggling in formation of new of a coalition Greek government.Earlier stock opened higher following U.S. economic reports had retail sales up 0.1% in April, while consumer prices held flat.Also, The National Association of Home Builders/Wells Fargo housing market index rose to 29 from 24 in April. The April index was initially reported to be 25. Economists polled by MarketWatch had expected a reading of 27.The component gauging current sales conditions rose 5 points to 30 and the component gauging traffic of prospective buyers rose 5 points to 23, which was the highest level since April 2007. Gold for June delivery fell -0.37%   to $1,556 an ounce on the Comex division of the New York Mercantile Exchange. July silver fell 1% $28.09 an ounce. Copper for July delivery lost -1.22% to $3.51 a pound. July platinum was flat at $1,442 an ounce, while the June contract for sister metal palladium added 0.36% to $597 an ounce. In the energy pack, Crude for June delivery fell 0.30% to $94.49 a barrel on the New York Mercantile Exchange, though it traded as low as $93.91 earlier. June heating oil was little changed at $2.93 a gallon and gasoline for June delivery was fractionally lower at $2.95 a gallon.The ICE dollar index which measures the U.S. unit against a basket of six other currencies, lately traded at 81.03, up from 80.612 late Monday. United States Oil Fund LP (ETF)(NYSEARCA:USO) was up 0 0.21 (0.59%) at $35.82, SPDR Gold Trust (ETF)(NYSEARCA:GLD) fell 0.05 (-0.03%) to $151.28, iShares Silver Trust (ETF)(NYSEARCA:SLV) slumped 0.08 (-0.29%) to $27.34 and United States Natural Gas Fund, LP(NYSEARCA:UNG) added 0.31 (1.82%) to $17.64. Canadian Natural Resource Ltd (USA)(NYSE:CNQ) fell 1% after the country's biggest energy company was charged with violating national environmental laws by releasing a potentially dangerous amount of hydrogen sulphide gas into the Northern Alberta air two years ago. A123 Systems, Inc.(NASDAQ:AONE) soared 12% despite the company numbers badly missed estimates and the company reported cash burn of $73M, it also said it has fixed the battery defect that led to a massive recall, and that a federal grant with $120M in remaining proceeds has been extended by 2 years. A123 slashed its 2012 guidance last Friday. Chesapeake Energy Corporation(NYSE:CHK) plunged 5.50% on reports of increased the size of the $3B bridge loan it’s seeking to refinance debt to $4B; the debt will now be sold at $0.97 on the dollar, up from $0.96, increasing proceeds for the company and reducing the yield to investors. Earlier today, S&P cut CHK's credit rating to BB- from BB