Traders Pull The Rug From Under Nickel ETNs
May 16, 2014 at 08:00 AM EDT
After an impressive run, exchange traded notes that track the price of nickel have swiftly done a one-eighty, plummeting on the higher-than-expected exchange-tracked inventory levels and speculation that the rally may have been overdone. Since the May 13 high, the iPath Dow Jones-UBS Nickel Total...