Monthly Analysis: Grains
Note: I'm changing the Monthly Analysis of the Grains sector this month, looking at the long-term investment side with ETFs for the three major markets as well as continuous December [...]
Note: I'm changing the Monthly Analysis of the Grains sector this month, looking at the long-term investment side with ETFs for the three major markets as well as continuous December [...]
Live Cattle (Cash Index): The Index posted a new all-time high of 192.0 during December before closing at that mark, up $2.80 for the month. Theoretical Positions: Hedgers have likely [...]
Side Note: For the record, I’m in agreement with Warren Buffett’s thoughts on technical analysis, at least in the Energies sector. Buffett has said on the subject, “I realized that [...]
Gold (Cash Index): The cash index (GCY00) looks to be in a major (long-term) sideways trend between its previous 4-month low of $2,474.08 (September 2024) and 4-month high of $2,789.68 [...]
The S&P 500 ($INX) completed a bearish spike reversal during December, indicating the major (long-term) trend has turned down. Recall the $INX completed a similar pattern during October before the [...]
Side Note: While long-term trends became clearer in the Currencies sector during December, the path ahead is covered by a dense fog. I talk about this in more detail in [...]
Teucrium Corn Fund (CORN) still looks to be in a major (long-term) uptrend despite a second consecutive lower monthly close at the end of November. Based on the idea of [...]
The Teucrium Soybean Fund (SOYB) remains in a major (long-term) downtrend, posting a new low of $20.94 during November before closing at $21.20, down $0.35 for the month. Theoretical Positions: Investors [...]
The Teucrium Wheat Fund (WEAT) still looks to be in a major (long-term) uptrend, though this analysis changes if we look at monthly closes only. While WEAT did not take [...]
Side Note: For the record, I’m in agreement with Warren Buffett’s thoughts on technical analysis, at least in the Energies sector. Buffett has said on the subject, “I realized that [...]
Live Cattle (Cash Index): The live cattle cash index confirmed a major (long-term) downtrend after posting a new 4-month low below $181 during September. This confirmed the double-top pattern at [...]
Gold (Cash Index): The cash index (GCY00) remains in a major (long-term) uptrend despite a lower monthly close for November. The Index settled at 2,650.63, down $93.34 for the month [...]
The S&P 500 ($INX) resumed its previous major (long-term) uptrend during November, posting a new all-time high of 6,044.71 before closing at 6,032.38, up 326.93 for the month. Technically, this [...]
Side Note: For the record, I’m in agreement with Warren Buffett’s thoughts on technical analysis, at least in the Currencies sector. Buffett has said on the subject, “I realized that [...]
December Corn: Dec24 extended its major uptrend to a high of $4.3425 during October before closing at $4.1075, down 14 cents for the month. Theoretical Positions: Hedgers: See Weekly Analysis: [...]
Soybean Cash Index: The National Soybean Index (ISY00) extended its major (long-term) downtrend to a low of $9.0983, taking out the previous mark of $9.1791 (August 2024). Theoretical Positions: Leave existing [...]
The Teucrium Wheat Fund (WEAT) extended its major (long-term) uptrend to a high of $5.52 during October before closing at $5.14, down $0.10 for the month. Theoretical Positions: Investors went [...]
Live Cattle (Cash Index): The live cattle cash index confirmed a major (long-term) downtrend after posting a new 4-month low below $181 during September. This confirmed the double-top pattern at [...]
Side Note: For the record, I’m in agreement with Warren Buffett’s thoughts on technical analysis, at least in the Energies sector. Buffett has said on the subject, “I realized that [...]
Gold (Cash Index): The cash index (GCY00) extended its major (long-term) uptrend to a high of $2,789.68 during October before closing at $2,743.97, up $109.27 for the month. Monthly stochastics [...]
The S&P 500 ($INX) extended its a major (long-term) uptrend to a high of 5,878.46 before closing at 5,705.45, down 57.03 for the month. This completed a bearish spike reversal, [...]
Side Note: For the record, I’m in agreement with Warren Buffett’s thoughts on technical analysis, at least in the Currencies sector. Buffett has said on the subject, “I realized that [...]
Corn Cash Index: The National Corn Index (NCI, national average cash price) still has not competed a bullish reversal on its monthly chart. Theoretical Positions: End users could've extend their [...]
Soybean Cash Index: The National Soybean Index (ISY00) looks to be in a major (long-term), holding above the August low of $9.1791 during September. The argument could be made the [...]
The Teucrium Wheat Fund (WEAT) extended its major (long-term) uptrend to a high of $5.33 during September before closing at $5.24, up $0.27 for the month. Theoretical Positions: Investors went [...]