CROP is on my watch list for further purchasing. Yes, I like GLW and will likely buy more in the near future. Love that Gorilla® Glass.
Headline: World Food Shortage Risk Inspires Launch of CROP EFT “A farmer gathers arid corn crops on his farm in Kenya’s coastal town of Kwale. Photo Source I felt that I was missing out on the commodity boom, so I opened a position with the ETF, CROP today. Accorting to ETF investor, Tom Lyndon said … [Read more…]
I have added shares of IEF and SHY, my largest EFT positions, to my “company reserve fund” -a low risk, low volitionality fund as a reserve for my company working capital. These three treasury bond funds are just three of the 11 EFTs I keep in this conservative portfolio. See complete list below. iShares Barclays 20+ Year Treasury Bond … [Read more…]
Things change quickly. Time to book my UUP gains. Sell all UUP.
I think the euro is up for a correction and countries like Greece are not helping the euro at all. If the US raises interest rates, this could be the end of the gold rally and the beginning of the rise of the USD.
Is this another arguement to be long UUP? The futures contract is designed to replicate the performance of being long the US Dollar against the Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc.
I think there is an inverse relationship with Gold and the USD. So far I have not pulled the trigger. We could see another bump in Gold prices and another hit to the USD.
With the Euro trading at around $1.50, an all time high, today the EUR/USD ended with gains but still remains inside a range. The Euro failed to break above 1.5000 one more time. Greenback lost Tuesday’s gains but I am considering a trade for dollar valuation and current dollar/euro trends. How low can it go?
TBT benefits when treasuries decline. Treasury 10-year notes posted their first loss since the start of August as reports showed the economy is recovering from its worst slump in seven decades and the U.S. prepared to sell $112 billion of notes. Today I am picking up 1/4 of my TBS investment goal.
With that news, I booked a 10% $1.40 per share 8 day profit.