Teucrium Wheat Fund

4.85

-0.0102-0.21%

Volume:135.05K

Turnover:658.61K

Market Cap:120.52M

PE:- -

High:4.92

Open:4.87

Low:4.84

Close:4.86

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News

The stock market is luring investors with promises. Here's why they should be nervous.

Dow Jones

·

28 Feb

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In addition, twice this month - on Feb. 3 and again on Feb. 25 - a sharp selloff was reversed, thereby installing short-term support levels at or just below 5,920.That's two false upside breakouts and one false downside breakout so far. This market seems to not want to exit its trading range.The construct of volatility derivatives has remained bullish even with SPX registering another false upside breakout. 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Ukraine, which has long pleaded with the U.S. to allow it to use the Army Tactical Missile System, or ATACMS, is expected to first deploy the missiles to Russia's Kursk region, where Russia's forces are fighting to take back territory seized by Ukraine in a surprise summer offensive. \"The geopolitical uncertainty of the Black Sea has end users extending their forward coverage while the managed money lifts out of net wheat short holdings,\" AgResource said; other analysts said last week's steep selling set up gains for CBOT futures. CBOT wheat  for December delivery closed +1.9% to $5.47 1/4 per bushel, while December corn  finished +1.2% to $4.29 1/4 per bushel, and soybeans  for January delivery settled +1.2% to $10.10 per bushel. 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