Member @foolstone requested my opinion on DBA (Agricultural ETF) & COW (Livestock ETN) & I figured that I'd thrown in my analysis on CUT (Timber ETF) while I'm at it. DBA recently broke out above a descending price channel following a divergent low, rallying up to the 20.40ish resistance level & has been consolidating just [...]
This video begins with the near-term outlook for the US stock market via SPY, QQQ & IWM followed by coverage of the following stocks, sectors & commodities that stand out as potential trading opportunities at this time: WEAT, JJG, DBA, CHOC, NIB, $COCOA, FCEL, DDS, M, AZPN, NVDA, SMH, IPI, MOS & POT.
This video starts with analysis on gold, silver, platinum & GDX, followed by coverage of the US stock market (via SPY, QQQ & IWM) various sectors & some of the recent trade ideas posted on Right Side Of The Chart.
The near & intermediate-term outlook for the US stock market as well as bonds, agricultural commodities, gold, silver, platinum & the related mining stocks. This video starts with an overview of the US stock market via SPY, QQQ & IWM. At the 15:44 mark, the outlook for gold, silver, platinum & the precious metal mining [...]
It appears that various agricultural commodities are likely to outperform equities in the foreseeable future, at least during the first half of 2017 & quite likely well beyond. One of my favorite trade setups in the ag commodities sector right now is wheat, which can be traded using futures or the etf, WEAT. WEAT looks [...]
A quick look a some of my favorite agricultural commodities, along with updated price targets. The scope and duration of any rally in the commodity sector will likely be commensurate (and dependent) on a reversal in the US dollar index.