WOOD - Lumber Found A Bottom: Escape The Volatility With WOOD

• Lumber plunged from more than $1,700 to below $450 per 1,000 board feet from May through August 2021.
• After falling to $448, lumber has come storming back and was over the $770 level at the end of last week.
• Economic expansion, supply chain bottlenecks, and inflation could continue to lift lumber toward another test of the $1,000 level or higher.
• Trading lumber is highly dangerous. Proxies provide liquidity and lower price variance for investors and traders.
• WOOD is a candidate for those looking for exposure to the lumber market.

For further details see: