This sector caught my eye today with the following stocks leading the way:
CPO ADM GMCR HOGS HAIN HRL
We could see an extremely bullish breakout if the market firms up and moves higher. The big problem right now is that we’re just waffling around the June highs on the Nasdaq and we could really go either way. The best thing to do now is to build your watchlists of both longs and shorts and wait for a decisive move. What I’m pointing out here with the Food Products Index is a more anticipatory move.
