Tag: Agriculture
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End-of–year contrarian buys
Ending 2016 with four contrarian purchases: DBA- Agricultural Commodity ETF. General Ag commodity prices have not recovered since the 2008 Recession. In fact, they’ve been in a long term secular decline. However, occasionally DBA offers a brief relief rally. DBA is currently consolidating below its 50dma and is about 1.5% above a long term supporting…