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Agriculture Stocks Take A Nosedive

Given that early July 2010, the agriculture sector has lead the significant stock marketplace indexes greater. Most other sectors did not start to rally until the Federal Reserve Bank announced its quantitative easing program in late August 2010. The leading agriculture stocks have all been steadily advancing greater until nowadays. Is today’s decline just an possibilities expiration hiccup or is this the commence of a major correction for the agriculture sector? Potash Inc.(NYSE:POT) is the agriculture stock that most traders follow closely. This stock has soared higher by more than 50. points because mid-December 2010. These days the agriculture giant is declining by .53 to three.39. Potash stock still remains in a strong every day chart uptrend, therefore, today’s downward action could be just an options expiration shakeout.  … Read entire article »

Filed under: Agricultural Investment