The Richest Man in Zamunda

Commodities have been, by and large, stinking up the joint of late.

Coffee, fittingly, has had the best energy to its price movement of late. Considering coffee was the star of the show at the beginning of this year, I am still looking for another push higher in the final stretch of 2014.

We saw a shakeout in coffee yesterday and this morning. But an upside reversal this afternoon has me sticking with the long trade.

I would consider a final add to my position with a move over $40 on JO, the coffee ETN.

Commodity bulls may not be a rich bunch these days, but coffee looks like the richest man in Zamunda.

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