agricultural index

Commodities: Bounce or something more?

Commodities have been corrected hard, generally to support It is amazing how compressed the cycles are in the markets these days. But maybe it’s not so surprising when you consider the constant involvement of meddling, manipulating central banks and even governments. Add a dash of hysterical media and the human instinct for knee-jerk herding and voila, there you have it; sentiment in commodities (and the … Continue reading Commodities: Bounce or something more?

Agricultural Index Wants a Cyclical Bull Market

Agricultural commodities are potentially breaking to a new cyclical bull market after years of under performance. Early on I traded Wheat and Sugar but then decided to go with two related stocks that have moved in line with the Agricultural index over the long-term. I am holding them still. Here is the monthly chart of GKX we have been using in NFTRH to gauge the … Continue reading Agricultural Index Wants a Cyclical Bull Market