logo

How Sweet it is!
By: Michael Kahn   Thursday, August 13, 2009 4:10 PM

Vote for next session
The next market session will close:

Have you seen a chart of sugar lately? Based on price action you might expect the world to lapse into a diabetic coma. Check this:


Apparently, there is a shortage in one of the great sugar consuming countries - India - and that has sent this market parabolic.

As they (meaning I) say, parabolic up, parabolic down. When this thing finally cracks, and don;t try to pick the top, it might be a nice zip line to ride down the mountain.

For you fundamental types, we are short Hershey in Quick Takes Pro. They use a lot of sugar, don't they? And we found it based on its own chart!

OK, technicals still work on individual stocks.

(0)
No Comments
Post Comment
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
   
 
 
 
 
   
 

The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
Advertisement
Popular Articles
Related Press Releases
Advertisement
Partner Center
Recent Articles by Michael Kahn



Subscribe to Email Alerts rss feed or RSS feeds rss feed for articles from more than 500 contributors, press releases, SEC filings and full text news from more than four thousand sources.
Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia