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drifting... like an empty raft in the middle of the Devil's Triangle.
Wow, what a hammer candle today...
Still going sideways... one day... the move up will be outta the blue...
Consolidating and building strength for upside move as futures markets point higher.
still going nowhere... at the moment...
Still bottoming/channel trading...
The Standard Of Living Of The Irredeemables Continues To Plunge As 'Not So Hidden' Inflation Soars
by Tyler Durden Oct 22, 2016 3:40 PM
http://www.zerohedge.com/news/2016-10-22/standard-living-irredeemables-continues-plunge-not-so-hidden-inflation-soars
Predictably, the $CRB bounces hard off the MA200... cuts clean through the MA50...
Like RJA, DBA is having difficulty moving up...
Absolutely stunning w/century old weather records being smashed!!!
More food inflation around the corner, around the globe:
Slipping below all moving averages...
So far, so good... almost buy time again...
DBA Even the weekly charts are impressively bullish...
see the charts in the i-Box/i-Message...
The commodity bull is obviously full steam ahead...
DBA... the bull is just starting in commodities...
Grain complex has some serious movement in parts but not the traditional leader which has always been oats. Watching closely.
With oats/soybean oil heading up, during the next 3-6 months, DBA could do really well...
Active premarket! Divergence suggest that this stock is ready to pop!
I jumped last week...the Fed announcement was a good thing and its almost spring time.
Things will be looking better soon.
What's your price target on this one? Think it can do $35 by January or is that shooting too high?
This chart has gone wild in the last 2-3 weeks!!!
Scoreboard for the week: +0.56%
2011 was not very kind to this fund...
Cowl is much better play than DBA when the time comes actually.
Still trending downward... I am standing aside... waiting/watching.
I jumped in DBA too early. I am sure when market crashes, this will go down with it. That has to be the best time to buy DBA, MOO and TBT, IMO.
Nothing has changed fundamentally... inflation = high prices and this ETF will continue to benefit.
Daily & weekly charts look good at this point.
-1.48% is the scorecard for the week...
Wow! Every single one of my ETFs is red today. Food commodities, China, Taiwan, Latin America....nothing green. Sucky day!
US corn reserves expected to fall to 15-year low
Corn reserves projected to fall to 15-year low, a trend that could lead to higher food prices
On Friday April 8, 2011, 10:40 am EDT
ST. LOUIS (AP) -- Rising demand for corn from ethanol producers is pushing U.S. reserves to the lowest point in 15 years, a trend that could lead to higher grain and food prices this year.
The Agriculture Department on Friday left its estimate for corn reserves unchanged from the previous month. The reserves are projected to fall to 675 million bushels in late August, when the harvest begins, or roughly 5 percent of all corn consumed in the United States. That would be the lowest surplus level since 1996.
The limited supply is chiefly because of increasing demand from ethanol makers, which rose 1 percent to 5 billion bushels. That's about 40 percent of the total crop.
But the increase didn't alter the agency's overall estimate, mostly because livestock producers are expected to scale back their corn purchases.
The Agriculture Department estimated that demand from livestock producers fell 1 percent to 5.15 billion bushels.
Crops prices rose about 1 percent to $7.67 during morning trading, shortly after the report was released. The price of soybean rose 1 percent to $13.80 a bushel. Wheat was virtually unchanged at $7.76 a bushel.
Corn prices affect most products in supermarkets. Corn is used to feed the cattle, hogs and chickens that fill the meat case, and it is the main ingredient in cereals and soft drinks.
The last year has been great for this ETF...
On Friday March 4, 2011, 12:54 pm EST
TAMPA, Fla. (AP) -- Federal officials are expecting a record year for U.S. agriculture exports.
Agriculture Secretary Tom Vilsack says farm and food products are expected to reach a record $135.5 billion in fiscal year 2011, which ends in September.
Vilsack told The Associated Press that U.S. agriculture may have its best export year ever. Compared to fiscal 2010, export value is expected to grow 25 percent.
Vilsack spoke Friday in Tampa at the Commodity Classic, a large convention and trade show for the U.S. corn, soybean, wheat, and sorghum industries that draws some 4,500 farmers from around the nation.
When $US become not reserve currency, DBA and TBT are going to take off.
I still don't get it. Can you explain breafly?
Thanks
Excellent response... thx Dew.
Here are a couple of references that can help answer your question:
#msg-54541553
#msg-58789145
Regards, Dew
Why is this thing going up when oil is skyrocketing? It is obious food price will skyrocket also, DBA?
Unstoppabull my friends, for the week: +1%!!!
A new multi year closing high.
Looks like a small cup & handle ready for take-off.
Since June 1, this is strong like a garlic milkshake.
Unreal volume has come into this and sustained itself for over 2 years!
Technicians will love this chart>>>>>
http://stockcharts.com/h-sc/ui?s=DBA&p=D&yr=0&mn=6&dy=0&id=p54597480102
Clean breakout of the horizontal resistance at $25.03 and a clean break above the 200 day moving average at $25.15. AND ON INCREASING VOLUME 3 DAYS IN A ROW.
Tomorrow may or not be up, but DBA is on it's way.
http://tivate.com/wp-content/uploads/2008/05/blast_off.jpg
GL ALL
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DBA - PowerShares DB Agriculture Fund
https://www.invesco.com/portal/site/us/financial-professional/etfs/product-detail?productId=dba
Product Details
The PowerShares DB Agriculture Fund seeks to track changes, whether positive or negative, in the level of the DBIQ Diversified Agriculture Index Excess Return™ (DBIQ Diversified Agriculture Index ER) plus the interest income from the Fund's holdings of primarily US Treasury securities less the Fund's expenses. The Fund is designed for investors who want a cost-effective and convenient way to invest in commodity futures. The Index is a rules-based index composed of futures contracts on some of the most liquid and widely traded agricultural commodities. You cannot invest directly in the Index. The Fund and the Index are rebalanced and reconstituted annually in November. Daily |
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DBA - PowerShares DB Agriculture Fund
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