Fast Moving Incoming Recession . . . .

[shtferbrains]

Do most ETF grain commodities funds take both long and short positions?
Are some more known as short sellers?

[errolanderson]

Do most ETF grain commodities funds take both long and short positions?
Are some more known as short sellers?

Yes, they will build both long and short positions. Technicals are the steering wheel. Grains are just another widget for fund money to trade. But fund activity given the huge trading volume can push markets too high (overbought), to too low ( oversold).

[errolanderson]

Open interest also a key indicator. Open interest was still rising in corn / soybeans last week, but no so sure after today. Wheat open interest is now declining, a technical warning that the price top may be in.

[AlbertaFarmer5]

This fast moving incoming recession thread was started last August, is there a fast moving incoming glacier I should be watching out for as well?

There is a joke here at the expense of He Who shall not be mentioned because has has been demoted to the Childrens forum, but I will resist. He had a recurring theme about fast advancing glaciers and ice age.

[shtferbrains]

But profit or loss from wild swings both ways maybe on the same day?

[errolanderson]

Yes . . . . Always thought I’d seen everything in 30 years of commodity trading, but this past month is another memory.

[errolanderson]

PS: 5 percent drop in Calgary house prices reported last week. Here she comes . . .

[WiltonRanch]

Banker told my dad her house cost her $500 grand but with current market $380. My local town which 10 years ago every house occupied now 25%+ empty. If you minus lower mainland bc and the Toronto corridor houses have been declining Canada wide for some time.

[furrowtickler]

Wait till the full effect of the inflation kicks in , interest rates sneak up a bit more and carbon tax continues to kick in .
Middle class wealth destruction will be serious by the end of this year

[errolanderson]

Alan Greenspan watches the ‘Mens Underwear Index’ for clues about an incoming recession. Apparently, us guys cheap-out on underwear replacement needs when times get tough. This is a real index and apparently now flashing red . . . .