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Matthew D. McCall's  Instablog

Matthew D. McCall
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Matt McCall is founder and president of Penn Financial Group, an investment advisory firm that specializes in ETFs and individual portfolio management. The company also publishes MarkETForce, a newsletter dedicated solely to ETFs and proprietary ETF portfolios. Matt is also a contributor for Fox... More
My company:
Penn Financial Group LLC
My blog:
McCall's Call
My book:
The Next Great Bull Market - How To Pick Winning Stocks and Sectors in the New Global Economy
  • Investing in Unfamiliar Commodities through ETFs 0 comments
    Aug 12, 2009 1:13 PM | about stocks: SSG, DBB, SLV
    As the price of gold has been stuck in a narrow trading range for months and oil is failing to break above the $75 level, investors can turn to unfamiliar commodities that are not considered the usual suspects when looking at investing in the sector.
     
    The iPath Dow Jones-UBS Sugar ETN (SSG) hit a new high today as the price of sugar futures hit the highest level in two decades. Investors can use the ETN as a vehicle to play the price of sugar within their portfolio. The ETF is up 64% year-to-date.
     
    The PowerShares Base Metals ETF (NYSEARCA:DBB) invests in a trio of industrial metals (copper, aluminum, zinc). Copper and aluminum especially have seen a huge increase in demand from China over last year, helping push the metals to the best levels of the year. DBB is an inflation hedge, play on a global economic rebound, and beneficiary of a weaker US Dollar.
     
    The iShares Silver ETF (NYSEARCA:SLV) invests 100% in silver futures, which have been following a similar pattern to gold, but is trading at a discount historically to its precious metals peer. I feel SLV is the better play versus gold at current prices.

    I currently own shares of DBB and SLV.
    Themes: ETF, commodities Stocks: SSG, DBB, SLV
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