CRInvestor

Sugar Weekly Analysis - 'value' trade?

ICEUSA:SB1!   None
0
While the stock market has done well over the past few years, not all assets have been in bull markets. Many of the 'soft' markets have been just that. But those days may soon be behind us as one by one, the sector looks to be turning the corner. While it is still very early, there are some signs of life within the international sugar market. Considering the substantial potential gain of a move back to the OTE short sweet spot of this bear market, I am more than happy to entertain the idea of long dated call option purchases and even a bit of bottom hunting within the futures pits. 17.29 seems to stand out and should be an interesting level to keep an eye on going forward.

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