Otherwise regarding the market, as you know today is the last
day of trading this week, I'm not going to be too aggressive today
unless something really stands out with mega volume, as you know
the market has been VERY whippy and volume should lighten up as the
day goes on.
The market is once again positive, and gold and gold stocks had
no follow through to their tiny gains yesterday, there was a chance
for them if they had good follow through today, but alas no
deal
yes, they make all sorts of products like corn syrups and corn
oil, etc. So lower cost for them thus higher profit margins. But
will this be reflected in prices at the super market?... I doubt
it.
ADM
Posted by matt on 28th of Mar 2013 at 09:59 am
ADM - Chart Link - has been consolidating and holding the 20 MA, MA's are pretty tight, could pop one more time if volume came in
ADM - Chart Link - alternative view Steve posted the other day
again just react to it the direction it goes
Otherwise regarding the market, as you know today is the last day of trading this week, I'm not going to be too aggressive today unless something really stands out with mega volume, as you know the market has been VERY whippy and volume should lighten up as the day goes on.
The market is once again positive, and gold and gold stocks had no follow through to their tiny gains yesterday, there was a chance for them if they had good follow through today, but alas no deal
ADM - Chart Link - broke
Posted by matt on 28th of Mar 2013 at 01:42 pm
ADM - Chart Link - broke out
I don't follow this stock
Posted by wowten on 28th of Mar 2013 at 01:50 pm
I don't follow this stock but am surprised it doesnt move the the agi commodities.
Matt do you know if it has any correlation? Thanks.
ADM profits from lower ag
Posted by darnelds on 28th of Mar 2013 at 03:03 pm
ADM profits from lower ag prices, does it not?
yes, they make all sorts
Posted by sbwoman on 28th of Mar 2013 at 03:27 pm
yes, they make all sorts of products like corn syrups and corn oil, etc. So lower cost for them thus higher profit margins. But will this be reflected in prices at the super market?... I doubt it.
more importantly to the bottom line
Posted by hazbin1 on 28th of Mar 2013 at 04:04 pm
Ethanol!
nice follow through on ADM
Posted by matt on 28th of Mar 2013 at 04:02 pm
nice follow through on ADM
Speaking of follow through...VLCCF
Posted by smoothy on 28th of Mar 2013 at 10:19 am
Speaking of follow through...VLCCF
Yes nice calls on VLCCF
Posted by steve on 28th of Mar 2013 at 10:32 am
Yes nice calls on VLCCF guys...I believe Kalinm pointed it out again last week. Thanks for sharing.