Commodity stocks soar on Monday–everything else? Meh
Monday was a great day to be invested in stocks. As long as you were invested in commodity stocks.
Please watch my new YouTube video: You should own more commodities
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My one-hundredth-and eighth YouTube video “You should own more commodities” went up today. We all know that oil and gas prices will rise even more as a result of the invasion and you’ve probably added oil and natural gas stocks to your portfolio. I recommended that you do that back in January. But did you know that aluminum prices will soar too? Same with zinc. And wheat. The list goes on. There are a few individual stocks – like LNG and AA – I recommend to get yourself on top of this situation, but I also recommend looking at commodity ETNs like DJP which include agriculture as well as energy stocks in one basket.
Just what farmers need–On top of China soybean trade chaos, bad weather devastates corn planting
So China won't buy the 10 million tons of U.S. soybeans it had promised to purchase as a good will gesture when it looked possible to push the U.S.-China trade war to a negotiated peace. The problems for U.S. corn farmers extend beyond soybeans and China, however....Download Jim’s eBook for Free
