Great Opportunity to buy farmland in South AmericaThis stock buys you land all over South America.
319,000 Hectares between Brazil and Paraguay, just to name a few (mostly in Brazil).
Exposure to an incredible emerging market.
Exposure to commodities long term (grain and sugar mostly, cattle as well)
Management is a powerhouse.
JP Morgan owns 7% of the float.
George Soros made this company happen.
Google Eduardo Elsztain - greatest Argentine real estate investor. He's LND's Chairman.
Commodity prices are depressed. As commodities rise in the future it will generate more income for farmland.
Brazilian currency has gotten crushed in the last 10 years. New strength in the Real will benefit Brazil's economy.
Company has no debt.
Excellent growth.
Farmland known for its fantastic risk/return profile (it's land in Brazil, Peru, Chile, Argentina, etc, not a technology fad).
Under $5 per share so institutions are not allowed to invest, yet. What happens when prices hover above $5 per share? Domestic institutions have this stock on their radar and capital flows one way.
Boo Ya.
Most importantly, we have a great looking chart.
CORN
CBoT corn longCorn:
Price has been moving more sideways than anything else really during the past week which was not a very significant. Price will ideally make one more initial move to the downside during Monday/Tuesday next and might even trade into the 325/320 zone after which we expect price to resume its ascend again. We keep our bias unchanged that a bottom is in the market and price will trade up from here with 375 as first target for week 41 or maybe later. A break of the previous low on August 31 would negate our bias and would force us to go back to the drawing board.
CBoT corn has found its long term tradable bottomCorn:
Price is keeping our preferred path as laid out last week reasonably well thus far. What we now need to see is that price keeps developing accordingly and will not break its previous low of 314/315. It could be that price will test the 330/335 supportive zone one more time and pull down through this zone to 325 or so but that should, if it happens at all, a very short times affair. We keep our bias unchanged that a bottom is in the market and price will trade up from here with 375 as first target for week 41.
CBoT Corn almost ready for the long term run upCorn:
Price has pushed a bit lower during the first half of the week and did make a reversal during the second half of the week. It could be that price has actually hit the low an that this low will turn out to be the low for a long time. However, after having called for a low too early 2 or 3 times during the past weeks we have become a bit more cautious and want to see confirmation. Besides, there is no hurry to jump into this market as with the picture as it currently develops we will certainly see a test of same low so we won't miss too much of it.
There is a resistance zone at the 330/335 zone where price traded to during last Friday and a decisive break of same will give us the green light to look for higher levels from there. However, for now we want to hold back a bit longer just to see hoe this plays out and whether price , maybe, wants to make on more push to the downside.
It is worth keeping in mind that, once a tradable low has been put on the chart, we will be looking for an very far reaching move to the upside that will take price to 450 and even possibly 500 during the first quarter of 2017. That would be some 405 to 70% higher than what we are looking at now and can be classified as a 'massive increase'. Having said so, we will have to take this one step at the time and will need to identify the tradable bottom first.
CBoT corn wrong again and back to neutral for nowCorn:
Price took a 5% beating during the past week and has therefore principally negated our bull scenario that we had put on the chart last week. Still, we see that the bottoming out is imminent although the confirmation of same has not yet been delivered and price is close to its contract low of Aug 12 at 322.50 which is likely going to be taken out during the coming week.
We are taking a step back for a breather on this chart and we are now looking, again, for a bottom to form on very short term and keep the 310/300 region for that on our mind.
CBoT corn long playCorn:
Price action did confirm that the bottom is in the market and price moved up some 3% during the week. We call it a bull bias from here but would like to see an impulsive move up during the coming week to secure the move up more solidly. A draw back could still occur but is not in our favourite scenario.
CBoT corn is a long playUpdate for CORN Z16:
During last weekend we were not certain yet on the bottom in the market for this price and we would have liked to see one more swing to the downside. In meantime, however, we identify the candle of last Friday as a 'hammer' that has been confirmed by yesterday's firmer candle. We are looking to the upside from here and call a tradable bottom in the market. There could still come a pull-back of price but as long as price keeps trading above the 320/317 level we keep our view to the upside. If and when price breaks that level we will have to go back to our drawing board and abandon our bull bias.
CBoT corn still no green light for a long playCorn:
Price basically has been moving sideways during the past 9 sessions although it made a fierce spike to the downside during yesterday's sessions after which price recovered back to its level of apparent comfort of the past 2 weeks. We are anticipating a solid bottom for price and have done so for some weeks now but we currently still feel uncertain to call for same bottom. We want to have one more week of 'wait-and-see' attitude on this one after which we will try to establish a renewed judgement. It could be that we will have to conclude and call for a bottom during the coming trading week in which case we will come with an update.
CORN bottom?corn sell off has decelerated, and has been in bottom consolidation... can we get a upwards move soon?
#Corn #cbot: Predictive/Forecasting Model Eyes 202'6 #fibonacciFriends,
A rare coverage of the ag-commodity, but here it is - Corn (P) expected to remain under bearish strain, with a confluence of background technical tools pointing down towards the 244'4 to 202'6 range, against a foreground Predictive/Forecasting Model eyeing bearish targets as low as 202'6.
TECHNICAL TOOLS: Fibonacci, Shark and 5-0 Patterns
An overlay of Fibonacci matrices in Roman numbers with contraction and extension values is shown below:
Fib-I = 0.886 points to a Scott Carney's Shark targe, as follows:
Note that the Shark pattern originates at Point-zero and completes at Point-C, being the acolyte precursor of the 5-0 pattern (see below).
Note also that Point-C of the Shark is Fibonacci-dependent upon TWO values, 0.886 as in the case of this posted chart, but also 1.131, where this tiny extension is often encountered as the inscribed pattern in the same price field, as follows:
Note also, as mentioned above, that the acolyte of the Scott Carney's Shark pattern is the 5-0 patten, which is a reactionary conclusion of the Shark, typically retracing fifty percent of the Shark's last swing, hence the five-zero, or simply 5-0 pattern, as follows:
CBoT corn long play around the cornerCorn:
Price is following our preferred path rather well and the decline is now very major. The reversal is imminent. It could be that the bottom has been on the chart last week at 329 but a bit of overshoot to the 320 level is possible as well. We stay tuned for a long play entry which will probably be offered to us during the coming week or week ahead and with a 30% rally towards the end of the year.
Corn - Bottom in place or expected very soonCorn is tracing out a major complex correction in wave B. This correction began way back in late September 2014 and has unfolded as a zig-zag from the 2014 low at 318 to 443 as wave W and has been followed a zig-zag decline in wave X from 443 to a low currently seen at 319. The X-wave could be complete and if this is the case, then a break above short term important resistance at 335 soon will be seen for a long term rally back to at least 443 and likely even higher towards 519.
As long as short term important resistance at 335 is able to protect the upside, we must allow for a final decline closer to 310, but it's only a question of time before the low is in place and a new rally begins
Corn - Bottoming for a rally towards at least 440Corn has either bottomed at 319.4 or needs one more decline closer to 310.00 before a long term bottom is seen for a rally towards at least 440.00 and possibly even higher towards 519.00.
The first strong indication of the bottom being in place will be a break above the resistance-line seen near 329.00 while a break above 335.00 confirms the bottom for the rally to at least 440.00.
Building Good Case to go Long CornRecent run up in corn prices have resulted in a quick sell off to return to equilibrium prices. Price is on its 3 push down. Trading volume remains extremely below average and the fractal acceleration has turned positive and consequently, the fractal momentum is slowing and turning positive. We are looking for a positive increase in price followed by a jump in trading volume to go long.
One could buy a long future or buy a call option or sell a put option or any combination thereof.
Futures trading involves risk and is not suited for every investor.
CBoT corn long playCorn:
Price indeed traded further down which has caused a massive drawdown on longs that were take at the buy-stop level. Price drew a very long bottom tail on the chart for Friday's candle with a (less than perfect) 'hammer' as result.
Longs that have been stopped out now have a renewed opportunity to try one more long play but need to put stops tight as we want to see the reversal to happen during the first 2 or 3 sessions of the week.
Possible Reversal in CornWe have an indecision candle here as indicated on the chart. Fractal acceleration is turning positive and the fractal momentum is slowing down as expected. Price should follow.
Futures trading involves significant financial risk of loss and is not suitable for every investor.
Elliott Wave Analysis: CORN In A Temporary ConsolidationOn the 4H chart of CORN we are observing a possible three wave set-back taking place, that could ideally reach 390-400 region before turning again lower in black wave (2). That been said, on the alternate scenario black wave (2) could be already completed and more downside could be here early.
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CBoT corn is a long playCorn:
Price has traded up to our buy stop level after which it made a corrective move back down again. Price should not trade below the latest low of 346 as it will then likely trade further down to the 325 region which would be some 13% below the 375 buying stop zone which would be by far too much of a loss on the price. For now we consider this market to be a buy but we want to see price trade up to the 385 level next week. The upward potential on this chart is 25-30% from here.