Lumber Futures in Perfect Storm Continue to Soar After Hurricane Harvey & Irma

#12109
ThePitBoss
Participant

For us in Houston that’s a tough set up charts to watch. It has been one way since the GFC bottom and this years action has been running up as you show pre the storms.

That sell off after Harvey was a doozie – always like to speculators preying on other’s misfortune hurt (karma I say) That gap filled and then some. Will be interesting if Trump repeals the tariff would be smart politics all-round. Plus they haven’t had much luck in the repeal game up to know.