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Posted On: 06/07/2017 9:43:34 AM
Post# of 5789
RJA super rally begins?
1. Prices are low to begin with, wheat is at cost and most others low as well.
2. Now the media is kicking in on droughts>>>
Historic Heat Wave Sweeps Asia, the Middle East and Europe
https://www.wunderground.com/cat6/historic-he...and-europe
3. The US is quiet about the building drought in the middle of the US, it could change, but Kansas City and had almost no rain in 2 and 1/2 weeks and the next 10 days look relatively dry. Same goes for Omaha, Des Moines etc.The major media is NOT talking about this yet.
https://www.wunderground.com/cgi-bin/findweat...onal%2C+MO
Of course, one month does not make a drought, but, the media can make a mountain out of a molehill. A 30 day hold of RJA should be very productive, IMO. And very little downside risk. IMO
http://www.finviz.com/futures.ashx
http://stockcharts.com/h-sc/ui?s=RJA&p=D&...4067688365
1. Prices are low to begin with, wheat is at cost and most others low as well.
2. Now the media is kicking in on droughts>>>
Historic Heat Wave Sweeps Asia, the Middle East and Europe
https://www.wunderground.com/cat6/historic-he...and-europe
3. The US is quiet about the building drought in the middle of the US, it could change, but Kansas City and had almost no rain in 2 and 1/2 weeks and the next 10 days look relatively dry. Same goes for Omaha, Des Moines etc.The major media is NOT talking about this yet.
https://www.wunderground.com/cgi-bin/findweat...onal%2C+MO
Of course, one month does not make a drought, but, the media can make a mountain out of a molehill. A 30 day hold of RJA should be very productive, IMO. And very little downside risk. IMO
http://www.finviz.com/futures.ashx
http://stockcharts.com/h-sc/ui?s=RJA&p=D&...4067688365
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