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Commodity ETN Analysis (video)

The following video covers both the near & longer-term outlook for various commodity tracking ETNs & ETFs. In addition to stand-alone swing trading opportunities, commodities can also provide diversification within an investment portfolio or trading account due to their low correlation with stocks, bonds or other asset classes. The following ETP's are covered in this order: GAZ, UNG, SOYB, CUT, WOOD, KOL, JJC, UGA, WEAT, CORN, USO, DBA, JJG, OIL, COW, JO, SGG & NIB.

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2018-01-21T21:59:39+00:00 Jul 11, 2017 2:02pm|Categories: Gold & Commodities|Tags: , , , , , , , , , , , , , , , , , |5 Comments

5 Comments

  1. Shambo July 11, 2017 2:35 pm at 2:35 pm

    almost closed the SGG trade from your post this morning but now waiting to see how much of a bounce we get here. Maybe still close it today.

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    • rsotc July 11, 2017 3:10 pm at 3:10 pm

      SGG flatlines after 1pm ET since most (or all?) sugar futures contracts trade on London hours so it will most likely go nowhere for the rest of today & then gap one way or the other tomorrow. SGG tracks the Bloomberg Sub Index although I don’t believe that there are any contracts on that index to trade.

      The trading hours to /SB (sugar No. 11 futures) can be viewed here towards the bottom right of the page: https://www.theice.com/products/23/Sugar-No-11-Futures

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  2. sportofkings July 11, 2017 3:40 pm at 3:40 pm

    Good update. Thanks Randy

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  3. Shambo July 11, 2017 3:47 pm at 3:47 pm

    Thanks Randy.

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  4. rsotc July 13, 2017 12:08 pm at 12:08 pm

    CORN has given back 2/3rd of the profits from the recent advance in less than 2 trading sessions as a result of the reaction following the tag of T1. SOYB, JJG & WEAT also down sharply since this video. One reason for booking profits or at least not chasing a run when overbought & at or near resistance/price targets & a great example of swing trading vs. buy & hold investing: These grains still look bullish longer-term but a swing trader can use technical analysis to time the rips & dips within a larger trend, often booking profits near the reaction highs & side-stepping the counter-trend pullbacks, then recycling back in long on pullbacks to support.

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