If you want to dabble in an agriculture stock and have challenges identifying the specific company to invest, an ETF maybe a good option to consider.
Take for example, DBA where it holds a variety of different agricultural products so that you have exposure in all of them without buying into individual companies.
DBA was at its peak at around 44 dollars in Feb 2008 and for the next 12 years, it has been heading south. We are now near to the bottom , support at 13.15 and if the price breaks out of the bearish trend line , around 13.59 to 14.00, I would consider taking a long position.
The Covid-19 has caused much havoc into the global supply chain and food security in every countries is one issue that keep the politicians and government officials awake at night. The producers , more than before will have an advantage in the prices and adverse climate condition that affects the crop yields will only exacerbate the demand and supply issue.
NOTE : Please do your own due diligence in choosing the right agriculture ETF as there are many in the link. Some investors go for reputation of issuer, others like dividends and some look at past performances. Everyone is different , so choose one that fits your portfolio.
Take for example, DBA where it holds a variety of different agricultural products so that you have exposure in all of them without buying into individual companies.
DBA was at its peak at around 44 dollars in Feb 2008 and for the next 12 years, it has been heading south. We are now near to the bottom , support at 13.15 and if the price breaks out of the bearish trend line , around 13.59 to 14.00, I would consider taking a long position.
The Covid-19 has caused much havoc into the global supply chain and food security in every countries is one issue that keep the politicians and government officials awake at night. The producers , more than before will have an advantage in the prices and adverse climate condition that affects the crop yields will only exacerbate the demand and supply issue.
NOTE : Please do your own due diligence in choosing the right agriculture ETF as there are many in the link. Some investors go for reputation of issuer, others like dividends and some look at past performances. Everyone is different , so choose one that fits your portfolio.
코멘트:
Watch tonight candle to determine if it is right to go long or wait some more
코멘트:
Those who want to have a good exposure to commodities can long now.
코멘트:
can add more for those who keen on this ETF as it has break up from 13.96
코멘트:
moving nice and strong
코멘트:
Halleujah.......Praise the Lord
코멘트:
take some profits along the way , ya ?
코멘트:
love the bullish engulfing candle last night ......
코멘트:
added more last night
코멘트:
Praising Lord forever for he takes care of me and family in all areas.
코멘트:
Praise the Lord. Look at how high it has gone up since my trade call.....Halleujah!!!