There are at least two things that are clear this year regarding the commodities complex and its relevant exchange traded products. First, energy commodities are still in the dumps. Second, some other commodities and the corresponding ETFs, think precious metals, are rebounding in impressive fashion.
“As February comes to an end, so might be the commodity catastrophe. Although the S&P GSCI Total Return lost another 3.2% in the month (through Feb. 26, 2015,) bringing the year-to-date performance down to -8.2%, half of the 24 commodities in the index were positive for the month. Further, at least one commodity from each sector gained in February, and the majority of sectors, 3 of 5, were positive for the month,” said S&P Dow Jones Indices Global Head of Commodities ...
/www.benzinga.com/trading-ideas/long-ideas/16/02/6736688/ex-energy-commodities-etfs-are-doing-alright alt=Ex-Energy, Commodities ETFs Are Doing Alright>Full story available on Benzinga.com
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