Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
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Soybeans reflated +2.2% last week to +1.2% year-over-year and are now Bullish TREND @Hedgeye. So if you want to be long the greatest #BeanDeal in the history of bean deals, buy soybeans on the damn dip! And so it begins… #EarningsSlowing Season, that is. Or shall we call this “Phase 2” of SP500 earnings slowing to negative on a year-over-year basis? It’s too bad everyone doesn’t have a soybean division to guide higher on… |
