Croker-Rhyne Co., Inc.

Main Page  |   Philosophy  |  Current Recommendations  |  Newsletter Archives
Contact Us

 

July 19, 2022

 For both of the past two weeks, Sunday night’s resumption of trading has seen Hot & Dry weather HYPE send both Corn and Soybeans SHARPLY higher, only to fail miserably by Monday afternoon or Tuesday…And in spite of continuing talk by analysts suggesting that Corn and Soybeans are “looking for a bottom,” the factr is that both of these markets, at today’s close (down 15 cents in Corn and 20 in Soybeans), are hanging just above their lows…and to me…LOOK LIKE THEY ARE ABOUT TO BUST WIDE OPEN AND MAKE ANOTHER BIG “LEG” DOWN.

 I CONTINUE TO URGE THE IMMEDIATE PURCHASE OF PUTS IN BOTH OF THESE MARKETS.

 

 

Lots of ways to do this…with 2 &1’s, with more time…with futures…Important thing, I believe, is to get SOMETHING on, however small…and just go with this.

As I keep reiterating, I think these two markets will do what we have already seen in Cotton and Soybean Oil…and Lumber…and yeah, even growth stocks.

Call me if you want to know more.

Thanks,

Bill

770-425-7241

866-578-1001

All option prices in this newsletter include all fees and commissions. All charts, unless otherwise noted, are by Aspen Graphics and CRB.

The author of this piece currently trades for his own account and has a financial interest in the following derivative products mentioned within: Corn, Soybeans

 

Main Page   |  Philosophy  |  Current Recommendations  |  Newsletter Archives 
Contact Us