WEAT - I bought today - remain cautious

50 1 1
This is why you need to be cautious and place a stop at $10.72:

Teucrium Wheat Fund             ( WEAT             )

Unlike many commodity ETFs, this product doesn’t just cycle into the next month as expiration approaches. It rather utilizes a much more in-depth approach. The product uses three futures contracts for wheat             , all of which are traded on the CBOT Futures Exchange. The three contracts include the second-to-expire contract, weighted 35%; the third-to-expire contract, weighted 30%; and the contract expiring in the December following the expiration month of the third-to-expire contract, weighted 35%.

The fund has amassed $18.3 million in its asset base and trades in low volumes of about 58,000 shares a day. The product is quite a high-cost choice in the agricultural space as it charges a fee of 3.74% per year. The ETF has lost more than 13% in the first month of 2015 and has a Zacks ETF Rank of 4 or ‘Sell’ rating with a High risk outlook
Interesting information about the contract.
Did you take profits at the high?
What is your current view?
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out