Investing and Trading News, with a Contrarian, Sarcastic Twist!
Well after topping $.18/pound, the Oct ’06 sugar contract started dipping a bit. Then last Thursday, I was watching CNBC and they popped the one year chart of sugar up on the screen. I thought “Oh God, if they’re showing the chart of sugar up on CNBC, it is getting close to selling time.” After […]
Here’s the portfolio as of the end of the day today. Couple of things worth noting today: 1. Bush is supposed to talk about ethanol in the State of the Union:http://www.cnn.com/2006/POLITICS/01/29/bush.sotu.ap/index.html The main way that the US produces ethanol is from corn. The corn usage for ethanol has tripled over the last 7 years and […]
Brief bit on sugar in today’s Daily Reckoning, a free financial newsletter that I read regularly. The authors are basically angry old men who think America is going down the tubes. They do have very good insights though and I read it for their contrarian views and sense of humor. You can check it out […]
Just a quick update, my sugar limit order was not filled today at 15.50. I bumped up the limit order to 15.65, which is what the contract closed at today. We’ll see if this gets filled on Monday. Pour your sugggggar on me! C’mon fire me up!
Yes it’s true, that classic 80’s/drinking anthem has taken on a new dimension with the rally of sugar. How did it happen, and why did it take nearly 20 years after Def Leppard’s peak? Let’s explore. First I should say that in my analysis, I rarely crunch serious numbers. Part (and maybe most) of the […]
The Commodity Bull is off and running…either get behind it or get run over! This site is intended to be a place for the average investor to gain some information about the commodities market, and most importantly hopefully make a lot of money. I believe that we are still in the early innings of a […]
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