Agriculture ETF DBA breaks out
Busy week this week. I didn’t get the chance to go for the off that i was waiting for.
Anyway, this weekend we get the SP500 finishing down 3% from thursday. I will post more on this later but it looks like the correction in agriculture ETF DBA seems to be pretty much done.
In the last month, the Singapore stocks such as Celestial were given a breather by the correction. This agricultural etf looks to be a good hedge for this.
Volume, RSI and MACD looks promising for a sustain run.
Why is investing in DBA good? think of it as a play towards inflation or as a daily lifestyle inflation hedge.
Singapore investors have 2 unit trust that they can play into this:DWS Global Agribiz As SGD and USD
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