Introduction to Reversal Bar Patterns: Part 1: Over the next few posts, we plan on reviewing single and multi-bar reversal bar structures. In proper context these are among the most important and informative of all tape features. They often mark important turns in the prevailing trend or the completion of a trading range. More practically, they
Key stats
About iShares Global Timber & Forestry ETF
Expense ratio
0.41%
Home page
Inception date
Jun 24, 2008
WOOD tracks the S&P Global Timber & Forestry Index, a cap-weighted index of the 25 largest forestry firms around the world. The fund starts with all the eligible securities from the S&P Global BMI that are classified under agriculture, forestry, homebuilding, and paper industry. To determine industry relevance, each company will be given an exposure score based on its business description and most recent reported revenue. The 25 largest companies with an exposure score of 1 will be selected for inclusion, however, if fewer than 25 companies have an exposure score of 1, the fund will select the largest companies with 0.5 exposure score until the portfolio contains a total of 25 constituents. Selected securities will then be weighted based on its exposure score with constraints such that securities with an exposure score of 1 are capped at 8% and those with 0.5 exposure score are capped at 4%. The index rebalancing occurs semi-annually.
Classification
What's in the fund
Exposure type
Process Industries
Finance
Stock breakdown by region
Wood looks goodVery relevant to the housing market is the price of wood. Here in a long term channel up trend with a mid line I can see an inverse head and shoulders, price in the upper half of the channel and a breakout above the 10 month moving average. Could the housing 'crash' be called too early?
Short idea #12- a safe ETF in a downtrendHey all, I think this is a good ETF to keep an eye on. This thing will most surely drop based on its chart, and I see no fundamental reasons why lumber stocks should rise. I am waiting for SPY to reach $389 to short this name; I perceive this is a very safe short.
Possible Short SetupHey guys,
I've been following this ETF since lumber prices have been falling from their sky-high prices. Just now, it looks ready for a markdown phase that could get pretty ugly. Though it is currently well below, if it manages to get to around $83-84 dollars, I think that shorting it there would
WOOD LongI wonder how much potential this can have, LBS contracts commercials are hedging is there a probability of going up?
lumber etf Have you seen the prices of wood latelylumber ETF Have you seen the prices of wood lately, last year did some remodeling, 4x8 CDX plywood about 15$ dollars per sheet, today here in Timber Central USA OREGON that same piece if you can find it $62. Inflation is here and production is down but prices are way way up. Go see why? Check bui
Thinking of Buying a House? 🪓As many of you know the price of real estate has been rising at an unprecedented rate. Along with this is also the rising lumber rates.
- If you are thinking about buying a house; right now would NOT be an ideal time.
- You are paying an inflated price for a home while also paying for the additi
This bull run still has legs The bull run will continue with a price target of around $150. The yellow trend line is resistance. The orange trend line is support. I apologize for the scale, I did this on my phone.
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Displays a symbol's price movements over previous years to identify recurring trends.