COM: Dynamically Trading Commodity Markets (Archive)
COM ETF is a dynamic commodity strategy with concentrated gold and soybean exposure.
This 5-Minute Pitch was originally published on Seeking Alpha before the launch of the Hunting Alphas website. It is shared here to showcase my previous work and track record. New 5-Minute Pitches published on this site will not be disseminated anywhere else.
Elevator Pitch
- I've analyzed static commodity exchange-traded funds before. But now, here's a very interesting commodity ETF with a dynamically changing bias on various commodities.
- Currently, Direxion Auspice Broad Commodity Strategy ETF has net long exposure to gold, soybeans, sugar, copper, and silver.
- I have a neutral outlook on both gold and soybeans; commodities which together make up more than 56% of the overall net exposure. Technical analysis also suggests mixed views.
- Hence, I have a "hold" outlook on COM.
Read the full article here.
Disclosures and Disclaimers
Past performance ≠ future results. Not investment advice. See full Disclaimer.
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