(Commodities Weekly) We're Fertilizing Our Portfolios 🪴

We've been obnoxious about our natural gas trade recently, and we still think it has tremendous upside from the current level.

That's why we outlined the coal industry and our favorite miner last week.

But that's not all. We're also stalking the agricultural inputs industry, which is levered to the price of natural gas, for a breakout.

The bulls are threatening to take control of our Fertilizer Index:

Our Fertilizer Index is an equal-weight basket of 11 stocks from the agricultural inputs industry like Corteva $CTVA, Nutrien $NTR, and Mosaic $MOS.

The price fell to a new cycle low in December, but the bulls quickly stepped up and created a textbook failed breakdown. 

To quote Steve Strazza, "I like a shakeout with my breakout." That's exactly what's happening here!

If and when the bulls can complete this bottoming formation, we want to be long the best stocks in the industry. 

That's why we're outlining our favorite fertilizer setups at the end of this post, but only ASC Premium Members can see them.

Do you think it's time to buy these stocks? Let us know what you think.

Commitment of Traders Highlights

• Commercial hedgers added over 48,000 contracts to their largest net-long sugar position since late 2019.
• Commercials unwound over 3,000 contracts from their largest net-long euro position since 2020.
• Commercial hedgers added over 43,000 contracts to their net-short US 30Y Treasury Bond position.

👉 Click here to download the All Star Charts COT Heatmap 

Here are our favorite fertilizer stocks & how we're trading them: 👇