While I agree with Dr. William Davis on the subject of modern wheat how flagrant it truly is for human beings, in terms of trading I am long wheat and added earlier.
I like what I am seeing from the wheat fund, below on the daily chart basing sideways. In addition, wheat futures featured a strong floor close today.
My original entry was down at $10.90.
Also note the strong buy volume today and of late as price digested the initial move off beaten-down lows.
Drop me your top final hour ideas into the bell.
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Hey Chess – Thanks for your reply on $VSR. Avoided a pullback. How about down here? Same with $LAKE $APT?
Favor the vaccine plays here.
thanks. i’m already in $INO. just thinking of where to catch a trade on these other guys
I think I’ll try $VSR down here in the low $6’s. Looks fundamentally stronger than the others, with $9 Million in cash and no debt.
NVAX has joined the ebola trade. Still think the vaccine technology and apparent RSV success makes it long-term attractive. I’m just holding onto shares purchased 2012-2013 for now. Long WEAT.
Good man, mateo. Like your thinking.
Holding long – $TZA, $JO, $INO & $WEAT
http://southpark.cc.com/full-episodes/s18e02-gluten-free-ebola#source=57baee9c-b611-4260-958b-05315479a7fc:c6cbd5e3-7eae-4cc3-94b7-119c8d412f99&position=2&sort=!airdate
Long TBT here
Long UVE, UIHC
Liking ANFI
Added a little more VSR into the close at $5.45. I think this is a decent bounce candidate
Chess bot INO today and also ANFI can you take a look at them on your market recap please sir