iPath Dow Jones UBS aluminum subindex total return ($JJU)
PowerShares DB Base Metals Fund ($DBB)
These 2 ETFs own aluminums in their portfolio. The first one is a pure play on aluminum futures, while the second one contains copper too.
What is interesting is that these 2 funds have appreciated in value since the steep drop while the aluminum companies like Alcoa Inc and Chalco are still trading at their depressed levels.
This goes to show that Alcoa Inc is poised for a steep climb in the coming week, and I strongly recommend Alcoa Inc for the month of March.
Alcoa Inc $AA swing trade.
$13.30 - $15.1 First trade.
$14.2 - $16.5 Second trade.
$15 - $20 Third trade.
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