Category: Lumber
The analysis published under this category are as follows.
Tuesday, December 10, 2019
Lumber is about to rally and how to play it with this ETF / Commodities / Lumber
By: Chris_Vermeulen
WOOD, one of the Ishares ETF symbols related to the Real Estate and Construction sectors may become the next hottest instrument for skilled technical traders. Over the past three years, Wood has rallied over 110% between a $40 to $84 range and the trading volume of WOOD has been relatively consistent near an average of about 140k shares per week. Let’s dig into the opportunities that may present themselves over the next 6 to 12+ months in WOOD.
First, you can get more information about this iShares ETF here.
Second, the WOOD ETF is relatively closely correlated to the US Real Estate and Construction sectors. Thus, when economic data is announced that supports growing Real Estate and Construction activity, traders can easily translate that into forward expectations in price in the WOOD ETF. For the purposed of this article, we’ll stick with a simple example of New Private Housing Unit Building Permits data from the St. Louis Federal Reserve.
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Monday, January 04, 2016
Technical Analysis of the Lumber Commodity Market / Commodities / Lumber
By: EconMatters
Housing Demand Thesis
The last two years rents have been rising primarily due to supply and demand issues. There hasn`t been enough multifamily housing to keep up with the demand, and as the employment levels go up and more millennials move out of their parent`s house, I expect the housing market to continue to be on the slow but steady upswing of the last several years for 2016.
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Saturday, September 12, 2015
Lumber Looking Lousy / Commodities / Lumber
By: Austin_Galt
Lumber is looking pretty lousy at the moment hitting new yearly lows recently. Price has been trading as laid it in previous analysis so let's update the situation using the monthly and weekly charts.