Agriculture and Farm Equipments

Since a long time Agriculture industry has taken a beating. Recently we saw some strength and a lot of buying. (See DBA chart attached). Stocks under this sector are CAT, DE, JOY etc.

Out of all DE has been the strongest. I believe if this sector ramps up DE will move big to the upside as it has consolidated sideways all the time through this weakness.

#DE #CAT #DAB