22Dec1:34 pmEST
Looking to Be an International Harvester of Gains
CORN and WEAT still look to be acting best of all soft commodities. I remain long CORN and would consider adding to it over $27.65. The 30-minute chart of the CORN fund, below, shows a nice consolidating after the breakout two weeks ago. WEAT may very well be bull-flagging here, as well. If there is no upside follow-through, then I may harvest the gains before Christmas. As far as my other positions, I am still long TBT with some cushion, and now slightly down on my core UNP short.