Analysis & trade ideas with buy points & price targets on various commodities & commodity tracking ETNs.
This is the 5th & final video for today covering the sectors & commodities that look to either be setting up or currently offering objective trading opportunities. This video starts out with a quick look at the charts of natural gas & gasoline followed by updates on the various agricultural commodities that have recently been [...]
This video starts out highlighting the very tight correlation between homebuilding stocks & timber prices followed by analysis on the homebuilder ETFs (XHB & ITB) and several individual homebuilder stocks that appear to be setting up as promising swing trades. Several of the setups in this video will be added as official trade ideas setups [...]
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 [...]
Member @foolstone requested my opinion on DBA (Agricultural ETF) & COW (Livestock ETN) & I figured that I'd thrown in my analysis on CUT (Timber ETF) while I'm at it. DBA recently broke out above a descending price channel following a divergent low, rallying up to the 20.40ish resistance level & has been consolidating just [...]