This year has been a great year for stock investors, but it has been an even better year for commodities investors. While the SPDR S&P 500 ETF Trust SPY 0.15% is up 10.6 percent on the year, the PowerShares DB Com Indx Trckng Fund (ETF) DBC 0.19% has surged 16.2 percent on the year.
Oil has captured a lot of the commodity headlines this year. After dipping below $30/bbl in February, WTI crude oil found its stride. The cherry on top of a stellar year for oil was the OPEC production cut in late November. OPEC agreed to dial back production for the first time since 2008 to help eliminate the global supply glut. WTI crude prices are up roughly 50 percent in 2016.
However, while oil is getting much of the attention, natural gas has been the under-the-radar commodity superstar of 2016. Gas prices have surged from $2.28 at the end of 2015 to $3.55 headed into the end of the year, a gain of 55.7 percent.
Natural gas prices are finishing the year particularly strong. President-elect Donald Trump repeatedly emphasized…
Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!