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979 days ago

This Commodity ETF chart is breaking out

The Direxion Commodity ETF (ticker COM) is breaking out to the topside as mining and other commodity-related firms top earnings expectations for Q2, and as oil prices recoup losses and gold gains ground.

#Commodities
This Commodity ETF chart is breaking out

979 days ago

Gold set for modest rally before easing in 2022

For the rest of 2021, gold prices are set to average somewhat higher than their current level of $1,830 per ounce, before slipping lower following year as the global economy rebounds and central banks begin to tighten monetary policy. Source: Reuters

#Commodities

980 days ago

Shell raises dividend and starts $2 billion share buyback

Royal Dutch Shell Plc increased its dividend by over 40% and announced a $2 billion share repurchase program, continuing its efforts to win investors as higher oil prices and a booming chemicals market boosted profitability. Source: Bloomberg

#Commodities

980 days ago

Oil extends gains for the second straight day

Oil prices climbed for the second day in a row on Thursday, owing to a larger-than-expected inventory decrease and anticipation of higher demand. Source: Trading Economics

#Commodities

981 days ago

The remarkable round-trip in lumber prices

Lumber futures price shot up and fell back down right at the same level they started their ascension. Source: FactSet

#Commodities
The remarkable round-trip in lumber prices
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