Mid-day update and MON

The selloff this morning has been slowly been chipped away and I'm seeing quite a few stock heading into the green this afternoon (and non other than my "wish-i-bought" nemesis TNH hitting a new all time high over $187. Oil stock are coming back and Gold dropped into the red mid-day.

One stock jumping out as a buy to me today is Monsanto (MON).  Still down 3% even as POT and TNH are green, i like these divergences within groups.  The concern surrounding the stock is that some of it's engineered corn crops are not resisting the root worms they are designed too, and crops are being lost.   While this is a concern, they really can't determine the cause for this until they conclude analysis of the bugs into next year.  So, look for a relief bounce soon...I wouldn't stay for a long time, but could be good for a quick 5 points (current price $63.90).