Friday, October 10, 2014

Is This the Bottom In Corn?

Once again... it's time to take profits on coffee.
 
In June, we took a second shot at the "trade of the year" by buying coffee.
 
Traders who took our advice to buy the iPath Dow Jones-AIG Coffee Total Return Sub-Index exchange-traded note (JO) are sitting on double-digit gains today.
 
But now it's time to take those gains off the table and put them in the next commodity set to rally...
 
Before we get to today's opportunity, let's take a look at coffee...(more)
 
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