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home / news releases / JO - Java Bulls Have Fewer Reasons To Be Buzzed


JO - Java Bulls Have Fewer Reasons To Be Buzzed

In a remarkable turnabout, coffee futures have become the commodity trading vehicle of choice for a growing number of managed funds. Indeed, its increasing popularity has given coffee prices a much-needed dose of price momentum, making it one of this summer’s hottest commodities. But a growing body of data suggests that the bulls won’t be able to maintain control of the java market much longer. Here we’ll review the fundamental and technical evidence which points to potentially lower prices ahead.

A major catalyst behind coffee’s recent price gains is the growing number of hedge funds

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Stock Information

Company Name: iPathA Series B Bloomberg Coffee Subindex Total Return ETN
Stock Symbol: JO
Market: NYSE

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