I don’t normally blog about commodities. But lumber is one of those commodities that people may be more aware of lately, even if you have no desire to speculate on the product as a commodity play. Whether you or somebody you know is building a house or building a deck, the recent parabolic move by Read More
This commodity is setting up for a big move
Lumber, as seen on the continuous futures contract chart above, has been forming a giant triangle since 2013. To illustrate the significance of this formation, you will recall the triangle I had been watching oil form over the past 2 years. I had blogged a few times on this formation, suggesting that readers watch Read More