InTheMoneyStock...'s  Instablog
Send Message
InTheMoneyStocks.Com is a research and consulting company focused on mathematical proprietary techniques along with a key understanding of price, pattern and time. Through understanding geometry and other technical analysis methods, InTheMoneyStocks.Com prides itself on avoiding Wall Street hype... More
My company:
My blog:
Pro Traders Rant and Rave Blog
  • Agriculture Stocks Get Buried 0 comments
    Mar 6, 2012 10:17 AM | about stocks: MOO, IPI, MOS, CF, POT

    This morning, all of the leading agriculture stocks are coming under heavy selling pressure along with the major stock market indexes. The Market Vectors Agribusiness ETF (NYSEARCA:MOO) is trading lower by $1.24 to $50.72 a share. The MOO should have some short term daily chart support around the $50.00 level. The MOO will have intra-day support around the $50.50 area.

    Some leading agriculture stocks that are trading lower today include Potash Corp./Saskatchewan (NYSE:POT), Mosaic Co (NYSE:MOS), Intrepid Potash Inc (NYSE:IPI), and CF Industries Holdings Inc (NYSE:CF). All of these stocks look as if they can have some further downside on the daily charts. Please remember, the agriculture stocks often react very similar to commodity stocks and will usually trade inverse to the U.S. Dollar.

    Nicholas Santiago

    Stocks: MOO, IPI, MOS, CF, POT
Back To's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • Utility #stocks leading markets higher despite slightly higher yields in the 10-year U.S. #Treasury. $SO, $ED, $XLU all higher today.
    Apr 20, 2015
  • $YELP Forming Bearish Chart....
    Apr 13, 2015
  • $WMT bearish base, daily 200-day ma. Should drop to the $78.00 level & present a good entry level to buy the stock.
    Apr 10, 2015
More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.