COMT - iShares Commodities Select Strategy ETF
| Previous Close | 32.65 |
| Open | 32.45 |
| Bid | 32.30 x 1000 |
| Ask | 32.31 x 2200 |
| Day's Range | 32.30 - 32.60 |
| 52 Week Range | 29.84 - 40.58 |
| Volume | 270,324 |
| Avg. Volume | 105,051 |
| Net Assets | 388.47M |
| NAV | 32.53 |
| PE Ratio (TTM) | N/A |
| Yield | 10.37% |
| YTD Return | 6.43% |
| Beta (3Y Monthly) | 0.80 |
| Expense Ratio (net) | 0.48% |
| Inception Date | 2014-10-15 |
- Market Realist•3 months ago
Rio Tinto Beats 2018 Estimates and Declares Special Dividend
Rio Tinto Beats 2018 Estimates and Declares Special DividendRio Tinto’s 2018 results beat consensus Rio Tinto (RIO) released its 2018 results on February 27. Its EPS of $5.12 beat consensus estimates by 5%, and its revenues of $40.5 billion were
Market Realist•5 months agoFactors Driving Rio Tinto’s Earnings Estimates in 2019 and Beyond
Rio Tinto (RIO) (TRQ) stock has returned -9.8% YTD (year-to-date) as of December 21. Similar to BHP Billiton (BHP) stock, it fell 2.6% in the first quarter, but as commodity prices firmed up, miners’ stocks picked up in April. Rio Tinto’s stock price has lagged those of its peers, including BHP Billiton and Vale, primarily due to its lack of catalysts. In 2018, analysts expect Rio Tinto’s revenue to show flat growth over 2017, coming in at $40 billion.
Market Realist•5 months agoWhy Is Goldman Sachs Extremely Sold on Gold in 2019?
In a report published on November 26, Goldman Sachs (GS) stated that commodities (COMT) could climb 17% in the coming months. It believes that commodities will escape a 2015-style price collapse. Among commodities, GS is particularly bullish on oil (USO), gold (GLD), and base metals (DBB). According to CNBC, Goldman Sachs said, “Given the size of dislocations in commodity pricing relative to fundamentals with oil now having joined metals in pricing below cost support, we believe commodities offer an extremely attractive entry point for longs in oil, gold and base.”
- Investopedia•5 months ago
3 Charts That Suggest Commodities Are Headed Lower
Market Realist•5 months agoWill Chinese Steel Mills’ Pains Intensify with the Trade War?
Chinese steel producers have finally come under pressure after reaping significant benefits over the last three years. In November, steel mills ran losses as steel prices entered into bear territory. The current uptrend for steel mills started when Chinese authorities removed high polluting capacity starting in 2016.
Market Realist•6 months agoWhy Goldman Sachs Thinks Gold Prices Are ‘Extremely Attractive’
In a report published yesterday, Goldman Sachs (GS) stated that commodities (COMT) could climb 17% over the coming months. It also cited the upcoming G-20 meeting as the potential launchpad for raw materials. Among commodities, GS is particularly bullish on oil (USO), gold (GLD), and base metals (DBB).
Market Realist•6 months agoWhat’s Driving Iron Ore Prices despite Weakness Everywhere Else?
Chinese authorities imposed curbs on steel production last year ahead of winter months to reduce pollution. Steel mills are therefore in restocking mode to advance steel production before the curbs kick in. China’s iron ore import data for September also underscored this fact.
Market Realist•6 months agoChina’s Slowdown Deepens as Trade War Takes a Toll
As the trade war between the United States (SPY) (VTI) and China (FXI) continues to escalate, China’s growth prospects are expected to be more affected than those of the United States. The impact is also visible in the country’s trade and economic data.
- Market Realist•7 months ago
What’s Driving Analyst Optimism about Gold?
Bank of America (or BofA) contends that gold prices (GLD) should surge over the next year as US budget deficit and trade war concerns start to have an impact on the US economy (SPY) (IVV). Bank of America expects gold prices (IAU) to average $1,350 per ounce in 2019 as the effect of US tax reforms wears off.
- Investopedia•8 months ago
3 Charts That Commodity Traders Will Want to Watch
Over the past several years, commodity traders have profited from some of the strongest uptrends found anywhere in the public markets. As we'll discuss in this article, the defined levels of support, as measured by ascending trendlines, have provided consistent entry positions for strategic traders looking to gain exposure. The recent introduction of sideways momentum is now dominating the price action and seems to creating clear levels of support and resistance. When broken, these levels will likely define the direction of the next leg of the long-term trend.
- Market Realist•8 months ago
Factors that Analysts Expect to Drive Rio Tinto’s Earnings Growth
On August 31, Rio Tinto (RIO)(TRQ) stock had returned -9.3% year-to-date. Similar to BHP Billiton (BHP) stock, it fell 2.6% in the first quarter. As commodity prices firmed up, the miners’ stocks picked up in April.
- Harvest Exchange•11 months ago
Is it the right time for commodities? Three charts say yes.
Right now is a particularly strategic time to include commodities in your asset allocation mix. Joshua Kutin, Head of Asset Allocation, North America Investors generally consider commodities for enhanced portfolio diversification and a hedge against ...
- Market Realist•last year
Can Chinese Iron Ore Demand Keep Supporting Seaborne Prices?
It’s vital for iron ore investors to track the demand patterns in China since it consumes more than 70% of seaborne-traded iron ore (COMT). In this part of the series, we’ll look at iron ore imports and Chinese steel production and assess its future outlook.
