Yeah definitely did not like the look of the chart, was just wondering if there were any standout targets on the downside. Any potential long term reversal points, but it seems as though we're only looking at short term bounces for quite some time.
On a macro level, if China completely tanks, capital is likely to flow further into Agriculture as food moves swiftly up the priority chain. Of course if everything tanks then there will be more short term pain for stocks in a risk off panic...i'm just looking to build a list of long term stocks that I want to start buying IF the proverbial hits the fan.
Regardless of what happens short term in markets, China's population growth will begin to accelerate as the new child policy takes root, as well as the ongoing growth of their middle class. I'm looking for 10+ year holds here. I'm looking for quality diversified Agri stocks (SHV, ELD), Agri land holders (RFF), hopefully to pick up on the cheap fairly soon....nothing for swing trading.
(20min delay)
