No products in the cart.
President Signals Rethinking of the Trans-Pacific Partnership
If the President can manage to appease balking TPP member states, many of the agriculture stocks would likely benefit.
Negotiating the Trans-Pacific Partnership TPP, is on the table. That said, trade negotiators already have their hands full completing changes to the North American Free Trade Agreement.
Agriculture Stocks and TPP
Archer Daniels Midland (NYSE $ADM) weekly shows a potential breakout looming.
We are just beginning to analyze the industry groups that could be affected with upbeat TPP negotiations. We would suggest members do the same, as there are many stocks that look bullish in these sectors.
Meat producers like Hormel (HRL) are one industry group that exports meat products to China as well as TPP member states. The company reports the first week of May.
Price action is rising above VBP resistance as it builds the right side of a cup pattern. MACD is above its signal line.
As a side note, many investors would be surprised to see Intel as a candidate that would benefit from TPP negotiations as it has a new manufacturing facility in Vietnam.
More homework needs to be done as this is an area where we could see a lot of potential for patient and informed investors in the months ahead. More to come.
Heading into the Opening Bell, most of the attention will be on banks and earnings for the next couple of weeks. Start thinking about TPP in the interim.
Disclaimer: Do your Own Research
Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise.
We would like to draw your attention to the following important investment warnings. The value of shares and investments and the income derived from them can go down as well as up; Investors may not get back the amount they invested – losing one’s shirt is a real risk; past performance is not a guide to future performance.