Finally - some life coming out of sugar! It hit a one-year high this morning. The cause? Strong biofuel demand, and speculators (readers?) as well.
Is this sugar's run, part 2? Maybe, we'll see how far it goes. I'm convinced it has at least one more run up to 20 cents and higher in it. I will continue to pyramid my positions up on further strength, though not too aggressively, since I own a significant amount already.
Subscribe to:
Post Comments (Atom)
Most Popular Articles This Month
-
This Thursday, we're co-hosting a free "trading training" webinar with our colleagues at TradingWins.com . Our goal is ...
-
The gold standard these days has been reduced to a distant memory and fantasy of hard money proponents. IF we returned to a gold standard, ...
-
Our soft commodity flavor-of-the-month, cotton, has seen its near term futures surge "limit up" for the second day in the row. Wa...
No comments:
Post a Comment