Stock price when the opinion was issued
It’s basically feed and seed plus some John Deere equipment manufacturers etc. It has done fairly well and it’s a way to play that sector and there’s nothing wrong with it. It’s been around for quite some time. It wouldn’t be his most preferred choice but it would be something he wouldn’t have an objection to but he wouldn’t be overweighted either.
Not just pure commodities, also holds stocks like CAT. No one's looking at this sector. In a downtrend, but he's seeing some rising troughs or, at worst, a flat series of troughs, indicating that downtrend may be ending. It makes a "triangle", meaning that the trend is ending; if it takes out the last peak, tons of upside.
Early signs that this ETF is showing some life. Doesn't mean that every stock is but, in general, it looks OK. He has 1 leg in so far, will add in more if it keeps going up.
Technically this is clearly in an upward trend and recently broke to new highs. Agricultural stocks have done very well from the end of September through to the year-end, but have been in the toilet in the last little while, particularly grain prices. Soybeans, corn and wheat finally started to base today. The chart broke out of a base pattern. Higher grain prices means more money for the farmers and they buy more things. The end of the year, seasonally, is a good time to take some profits.