Apr
4

A Few Bullish Ideas … (SGR, MOO)

SGR reports earnings on April 8th. If it is a good report, I would expect a break above $30 and I would be looking to get long.

MOO (Ag Stock ETF) looks like it could be ready to make a move. My read on the chart is a double bottom in October/November followed by a consolidation phase. A break above $31 might mean the ag stocks have some room to run.

More on this topic (What's this?)
Buy Signal for Ag's???? (Erik's market view, 3/17/09)
FOOD DEMAND FALLING (THE PRAGMATIC CAPITALIST, 4/1/09)
American Ag Consultant in Brazil Shows the Way to Foreign Investors (Ethablog, 3/27/09)
The Gold / Ag's Hedge Trade...... (Erik's market view, 3/20/09)
Read more on Market Vectors Agribusiness ETF (MOO), AGCO at Wikinvest
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