WOOD News and Press, iShares S&P Global Timber & Forestry Index Fund From 08/18/21

My reading of the current environment is relatively clear; both the longer term and shorter-term leading growth indicators are pointing toward the heightened possibility of slowing cyclical growth. As a result, these downward trends suggest investors ought to be rotating out of the re...

Option traders may have an advantage in the next few weeks as uncertainty regarding the Fed’s next move on interest rates and QE, as well as the repercussions engendered by those actions for MELA. The major indexes are grinding sideways with a slight upward bias. The market...

The WOOD ETF invests in companies that produce forest, paper, and packaging products. Ongoing global economic growth and strong demand between industrial and consumer uses represent positive tailwinds for the sector. We like the fund for its exposure to a unique group of high-qual...

The lumber sector and parts of the housing market seem to be clawing for a tradeable bottom. Something interesting is happening in the options market which may bode well for the stock market. Traders are loading up on call options at the 439 and 440 strike prices for S&P 500 SPDR ...

Material tops the sector list with a 2.79% gain contradicting the S&P 500 loss of 0.37%. Materials Select Sector SPDR ETF (NYSEARCA:XLB) up 2.53% in the last week compared to SPDR S&P 500 Trust ETF loss of 0.11%. Industrial, technology, communication services and consumer discretionar...

Basic material stocks closed out the trading week on a positive note, with iShares U.S. Basic Materials (IYM) +1.33% and Materials Select Sector SPDR ETF (XLB) +0.79%.Lumber futures saw a surge this week on concerns that wildfires in western Canada will reduce supply and cause ...

Taiyou Nomachi/DigitalVision via Getty Images Lumber futures rose by the most since April 2020 today in Chicago on concerns that wildfires in western Canada will reduce supply and cause more curtailments at sawmills. Lumber for September delivery (LB1:COM) settled +7.7% to $584 per 1,000 boar...

Since last November’s vaccine news, financial markets have been "hanging ten" on a swell of cyclical, value and small-cap stocks, and rising Treasury yields. Crosswinds started to grow in the second quarter, however, as economic and inflation data ran hot: rising yields stalled...

Basic material stocks recorded a marginally positive week, with iShares U.S. Basic Materials (IYM) +1.29% and Materials Select Sector SPDR ETF (XLB) +1.17%.During the week lumber futures (LB1:COM) surrendered all of their astronomical 2021 gains as demand eases and supply expands in resp...

The best news last week was the continuing decline in global bond yields, including the 10-year Treasury rate falling below 1.4% last Tuesday. If and when the Fed decides to raise key short-term interest rates, I don’t think they will be able to raise rates by much, since the f...