Coffee ETNs Could Face Technical Headwinds
April 22, 2014 at 09:00 AM EDT
The iPath Dow Jones-UBS Coffee Total Return Sub-Index ETN (NYSEArca: JO) fell 1.6% Monday on light volume, which is no big deal in the volatile world of coffee futures. JO is still up 80% this year, making it the top-performing non-leveraged exchange traded product. So strong have coffee futures...