Best Short Term Stocks To Buy Based on Algo Trading: Returns up to 6.04% in 3 Days

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Recommended Positions: Long
Forecast Length: 3 Days (07/16/2017 - 07/19/2017)
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Best Short Term Stocks To Buy

Stock Price Predictor Based on Stock Prediction Algorithm: Returns up to 9.75% in 7 Days

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Stock Market Analysis

Bullish Wheat Forecast: Hungry for WEAT

This article was written by Cole Winston, a Financial Analyst at I Know First.

Bullish Wheat Forecast

Summary

  • Wheat Fundamentals
  • Teucrium Wheat Fund (NYSE: WEAT)
  • Price Action
  • Bullish Forecast

Wheat Fundamentals

As a major cereal grain, Wheat is a central and essential fulcrum to the international food supply chains. To emphasize just how widespread and essential wheat is to the diets of citizens everywhere, wheat can be found in food products as diverse as bread, porridge, crackers, biscuits, pancakes, pies, pastries, cakes, cookies, muffins, rolls, doughnuts, gravy, beer, vodka, and breakfast cereals. Suffice is to say that wheat can be found virtually everywhere. It is clear that wheat is a major staple in many food items. Therefore, there exist two main fundamental drivers that will drive bullish price action in wheat over the short-, mid-, and long-term horizons. As an aside, now is an appropriate time to highlight that commodities in general, one of which are wheat, are much more sensitive to supply and demand than other assets necessarily are.

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