Lumber Futures up 200% - Lumber mania is sweeping North America

Yes that is correct. I meant the whole house being of wood like in Texas etc. We build with block.

 

Nowadays very easy to make conversation in the lumber aisles oh Home Depot and Lowes.

 

Nice, never knew they existed are there inverses on them?

 

Not that I'm aware of..... I will scale into these plus metals FCX SLV HL CLF X on strength, I'm bullish commodities on infrastructure spending.

I wasn't aware of lumber ETFs myself until one of my chatroom traders mentioned them to me a couple of weeks ago, they look great

 

If anyone is looking to short Lumber


WOOD at $95.63 up nearly 100% in a year

CUT at $39.74 up 78% in 1 year.

 

Hard to find inverses on this sector.

 

steel studs, cinder block, poured concrete, brick, stone

 

Just regurgitating a previous pos
t...

 

Well they are not in Europe nor many parts of developed Asia with most newer houses. In North America in contrast almost every house is made of a wood frame. You really do hate me, huh? Can't even directly reply to my post. Not sure what the reason for that is.

 

So surprised to hear from you Kevin, Lumber price is a supply side issue more than a inflationary hike. Wondering why would you be long as opposed to short. It looks like a good candidate for short to me. You are totally bearish on the index but bullish on lumber? Am I missing anything.