Just look for what is outperforming the S&P 500

8월 9일

The market started to rotate in early July to more conservative sectors and DBA is showing that agricultural commodities have been outperforming stocks.

The ratio SPX / DBA made a lower high starting August and then just days later broke a key support level.

Then the DBA broke above a downward trendline.

Is this the start of new trend? At least it is in the short term.

The are some stocks in the food industry that are looking good like TSN and INGR.

Even PPT is doing all time highs after a 20-year base!