Sugar Spikes

Michael McDougall offers this fundamental opinion (PDF) on the massive Sugar trend now underway. Also, take a look at this chart. Whether the third chart ends like the first two or not, you need precise rules either way. I just don’t see how forecasting using any type of fundamental analysis is useful during runaway trends.

You might like my 2017 epic release: Trend Following: How to Make a Fortune in Bull, Bear and Black Swan Markets (Fifth Edition). Revised and extended with twice as much content.