As the Growth Tantrum Calms, the Stock Market Extends Bullish Signals – Above the 40 (April 1, 2021)

Stock Market Commentary All March long the stock market wrestled with inflation fears. After the S&P 500 (SPY) successfully rallied away from its 50-day moving average (DMA) (red line in the chart below) in early March, I recognized signs that the stock market’s churn was a sign of digestion of these fears. Yet, so-called growth … Read more

A New Low in Volatility Brought Fresh Promise to Overbought Stock Market – Above the 40 (February 12, 2021)

Stock Market Commentary After sweeping away bearish signals, the stock market moved right into overbought territory last week. The week started with a small gap up to all-time highs, and the stock market never looked back. More importantly, the volatility index (VIX) hit a new low since the stock market broke down almost a year … Read more

Micro-Bubbles Slicing Through Overbought Trading Signals – Above the 40 (January 22, 2021)

Stock Market Commentary The stock market gapped up and never looked back in the wake of the Presidential Inauguration. Subsequently, buyers produced mixed follow-through for two days. Big cap tech defied the narrative of a rotation into value and industrial names by delivering the most convincing follow-through. A third drop from overbought conditions in a … Read more

Weakening Overbought Conditions Greet the New Year – Above the 40 (December 31, 2020)

Stock Market Commentary The extended overbought period still looks tenuous. For the second trading day in a row, AT40 (T2108), the percentage of stocks trading above their respective 40-day moving averages (DMAs), broke down below the overbought threshold of 70% before closing at 73.0%. The major indices do not reveal these weakening overbought conditions. The … Read more

Time to Buy CORN After A Bullish Breakout

I gave up on Teucrium Corn Fund (CORN) a long time ago. I grew weary of holding against a consistent downtrend waiting for bullish catalysts to materialize. Suddenly, for the first time in 14 months, CORN generated a breakout above its 200-day moving average (DMA). As a result, it is time to buy CORN. In … Read more

Still Waiting On CORN

(This is an excerpt from an article I originally published on Seeking Alpha on November 26, 2017. Click here to read the entire piece.) November dashed my expectation for a range-bound Teucrium Corn ETF (CORN). The November World Agricultural Supply and Demand Estimates (WASDE) threw a curve ball of sorts by further underlining surplus conditions … Read more

A Small Reason To Stick With Range-Bound CORN

(This is an excerpt from an article I originally published on Seeking Alpha on August 14, 2017. Click here to read the entire piece.) On June 12, 2016, I effectively threw in the towel on the Teucrium Corn ETF (CORN) and switched to a shorter-term trading strategy. Less than a month later, I concluded that … Read more

The World Agricultural Outlook Grinds the Teucrium Corn ETF to An All-Time Low

On Wednesday, August 12, 2015, the U.S. Department of Agriculture (USDA) released its latest “World Agricultural Supply and Demand Estimates.” The news was treated as very bearish for corn. Teucrium Corn ETF (CORN) plunged immediately on the news. Source: The corn season’s first “survey-based corn yield forecast” came in higher than the trend-based forecast … Read more