Lean hogs look to my (un-trained) eye as though they may have hit the bottom. I'm not so sure about cattle though, I vaguely remember hearing that farmers in drought hit areas can raise cattle but not crops.
I've been in and out of natural gas recently and was waiting for a decent pullback to get in again. You're right you need to be in possession of a big set of Town Halls to get into energy right now.
Have you given up on cotton? I think it's oversold at this point.
Lean hogs look to my (un-trained) eye as though they may have hit the bottom. I'm not so sure about cattle though, I vaguely remember hearing that farmers in drought hit areas can raise cattle but not crops.
ReplyDeleteI've been in and out of natural gas recently and was waiting for a decent pullback to get in again. You're right you need to be in possession of a big set of Town Halls to get into energy right now.
Have you given up on cotton? I think it's oversold at this point.
I've given up on cotton for the time being - agree with you, looks beaten down. I'd love to buy back in, but I don't see a definitive uptrend yet.
ReplyDeleteMedium-term the fundamentals are great - or should be - and I've gotta think we have a big spike not too far around the corner.