2010 has not been a good year for commodity ETFs so far. The PerfChart below shows six commodity ETFs from December 30th to February 2nd. Five of the six are down with the The DB Base Metals ETF (DBB) down over 10%. The Gold ETF (GLD) is the only gainer.
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Click this chart for details
About the author:
Arthur Hill, CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London.
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