Friday, January 24, 2020

Barron's: The Trade Deal Won’t Create a Bull Market for Soybeans. Here’s One Way to Play It.

By SIMON CONSTABLE

The phase-one trade deal between the U.S. and China announced in mid-January should create frequent opportunities for soybean traders to make money. What it won’t do is create a bull market for the grain.

“The strategy would be to buy on the breaks,” says Shawn Hackett, president of Hackett Financial Advisors. “You have to be opportunistic is the point.” Read more here.

Photo by Kelly Sikkema on Unsplash

No comments: