04.12.2013 - Three C’s of commodities enter seasonal sweet spot
To clear that up, copper is not included here, but three other commodities starting with the letter “C” – coffee, corn and cotton — are. On a year-to-date basis, the iPath Dow Jones-UBS Cotton Total Return Sub-Index ETN is slightly higher, but the Teucrium Corn Fund and the iPath Dow Jones-UBS Coffee Total Return Sub-Index ETN have plunged. JO was down 33.5% for the year at the start of trading Tuesday while CORN had tumbled 30.1%. BAL is off almost 7% in the past three months. On the surface, it may appear that down is the path of least resistance for these commodities, but seasonal trends say something different. Starting with BAL, things are starting to look up...............................................Full Article: Source
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