Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 21st of August.
The MarketClub Trade Triangles have been scoring some big gains in the grain markets this year. In fact, the grain markets we track in our World Cup Portfolio have been knocking it out of the park with positive double-digit returns.
Is now a good time to get into the grain markets? Well, it's never too late, but you must have a game plan and that's where the World Cup Portfolio comes in. As a member MarketClub you have complete access to this portfolio every single day.
Today's tip: Get ready for inflation!
One thing to remember about Tuesday is it can often signal a reversal in the markets, especially after a run up in prices.
Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.
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why was it such a bain when the farmers of the 80s were storing some 13 billion bu of corn and 8,6 billion bu of spring wheat for 350 million dollars a year or 17 cents a bu. good grief !!! then all the political martha stewwawrts and the international grain traders had to up th e grade standards and call it in. then canada had a 85 cent a bu tarrif on american corn . europe did not want a bu of it without a hge tarrif. all the western corn belt farmers got screwwed !!!! and went broke and taxed to death. now what have we got a landed aristocracy and corporations that control every bu. and the taxpayers pick up all there risk.