April 17, 2013 at 09:00 AM EDT
Be Wary Of Deere’s (DE) Trend Reversal
The bears swooped in on Wall Street right at Monday’s opening bell as weaker-than-expected China GDP data sent a wave of worry across equity markets around the globe. Profit taking pressures also returned to the precious metals market at the start of the week, sparking a massive sell-off in gold; the yellow metal dropped upwards of $150 an ounce on Monday, sending the prices well below the $1,400 mark in just a matter of hours [for more market news and analysis subscribe to our free newsletter ]. Amid the ongoing tug of war between the bulls and bears, agriculture and forestry equipment manufacturer Deere & Co. ( DE ) presents an intriguing opportunity at the moment that warrants a closer look from swing traders looking to get a piece of the action on Wall Street. See the full story here → Related Posts: Trade The Channel In Deere & Co. (DE) 3 Ag Stocks Outperforming The Rest 13 High-Yielding Commodities For 2013 A Deeper Look At China’s Commodity Industry Top 5 Global Agriculture Stocks By Market Cap
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