Does anyone have experience trading commodities such as lumber? Is it normal for a brokerage account not to have this as an option?
Licensing is different for commodities futures than it is for most securities.
>>1434251
theres an etf for everything.
>>1434261
You can play with oil using UWTI and DWTI.
>>1434296
UWTI looks really low, do think it's time to buy? or do you think it is on a downward spiral?
>>1434322
OIL always peaks eventually.
thats the beauty.
just a matter of which peak u wanna sell at .
its not gonna be tommorrow tho. wait till its bout 80 at least.
>>1434322
UWTI is low, but inventories are high.
China has huge inventories, US has huge inventories. That oil needs to get converted into Gasoline, the inventories will decrease and oil will go back up some.