Cotton Club: Be Careful With the Cotton ETN
June 02, 2016 at 09:00 AM EDT
The iPath Dow Jones-UBS Cotton Subindex Total Return ETN (NYSEArca: BAL) is higher by nearly 14% over the past 90 days, but cotton is one of the more volatile commodities on the market and investors should exercise caution if they are expecting BAL’s recent bullishness to continue. BAL was...