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Commodity ETFs
This is an agricultural ETF, MOO. The investment seeks to replicate as closely as possible the price and yield performance of the DAXglobal Agribusiness index. Even if you do not trade futures, it is interesting to know more about different markets. Dr. Schaap will be teaching at the TradeStation ETF Symposium in Del Ray Beach, in December.
While correlation is a strategy for trading, understanding correlations also helps in portfolio allocation. Dr. Schaap says that diversification is good, "but only diversify into things going up." On page 134 of the book ADXcellence, Dr. Schaap gives a diagram of strategies. Time your money.
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