#cash #buy #bullish $WY “WY is positioned to continue running with lumber prices and the recovery of the housing sector of the US economy“– Paul Ebeling Weyerhaeuser Corp. (NYSE:WY) broke out on 3 December at 29.49 and confirmed on 7 January at 33.61 garnering an HeffX-LTN buy rating with a target price at share at 42.70 […]
#lumber #futures #cash $LBU20 Lumber futures have more than 2X’s in price since the start of the year to mark their highest levels record. Futures prices for the front-month September lumber contract settled at 939 per 1,000 board ft Thursday, the highest on record, according to Dow Jones Market Data. Prices based on the front months […]