Notice the major multi-year higher low formed in 2019, followed by the rounding basing pattern and subsequent breakout outside of the multi-year triangle.
The higher low in 2019, before the Covid deflation crash, tells me the agriculture complex was already bottoming ahead of Covid and now has a full head of steam.
Corn, Soybeans, Sugar, Fertilizer have all...
We're already in the midst of record runs in the equity and commodity markets but as bubbly as it seems, its not over.
We are in an environment that not many people are familiar with. The last time Growth and Inflation on a global scale were accelerating as fast as they are now was immediately after World War 2. Previous commodity cycles were sparked by 1 or 2...
Contrary to opinion of virtue signalers, lots of coal is required for the production of electricity, solar panels, and electric vehicles. Coal didn't go away, we just outsourced it to China, which consumes 50% of the world's coal.
This is just a simple mean-reversion play. It's one of the few commodities still near their 2020 crash lows and has healthy upside in...
I couldn't find any ETFs for oranges, I don't think one exists. In instances like this you have to get creative.
In one of my value scanners, I found a citrus company $LMNR Limoniera. International citrus producer.
I've been long this stock since it the mid-$14s.
If the thesis on commodities, oranges, and global reflation turns out to be even somewhat correct,...
