It is a new day in global markets.  The macro climate seems intensely deflationary and yet asset classes are getting the squeeze and inflation is the reality.  How can this be?  That’s a question for another day.  But, I can tell you that I’m not afraid to look for some bullish opportunities this year… even this late in the equities bull market.

One market that has my attention at the moment: coffee!  Quite curious?  Read on.

I haven’t done my homework on this.  But, I’ll go as far as saying, the following chart caught my interest:

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What you see here is a weekly chart of coffee.  It looks to be breaking out of a bullish wedge.  The bottom chart represents a seasonal pattern for this market.  There is a nice seasonal uptrend on the horizon.  And the wedge itself offers an interesting model for timing.  If this thing were to really break out to the upside, I’d say sometime in the last quarter would make sense just based on what the chart is suggesting.

Keep in mind:  I’m still waiting on that Sugar short to set up… or more interesting is a possible short on the equities market in early November.  I look forward to whatever opportunities lie ahead.

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