|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||6.31 - 6.43|
|52 Week Range||5.80 - 8.43|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||4.13%|
Since then, Deere stock is down almost 10%. With Deere stock at just 13x forward earnings, it’s clear that the market is unconvinced that its recent results will continue in the future. Deere stock bulls have plenty of good responses though.
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Federal Reserve Bank of Chicago President Charles Evans said technology is disruptive and may be causing disinflation. Mr Evans implied that Amazon is killing inflation. I disagree with his conclusion because when you look at all the components that comprise inflation, a slew of commodity prices
Nearby resistance on key commodity-related charts suggests the bears are taking control of the momentum and that the downtrend is likely to continue.
Major resistance levels on the charts of these agriculture ETFs suggest that the bulls may want to wait it out on the sidelines for better days. (DBC,OIL,WEAT)