trading

trading

Sunday, 10 May 2020

"Given that 1) people stopped going to restaurants, 2) they kept eating, & 3) farmers are dumping produce, dairy, meat owing to a surplus nobody wants, could it be that restaurants, (because of their need to maintain variety & excess quantities) waste lots of food?"

Forward looking assets can look beyond weak fundamentals, not commodities.

                                                                                                                                                  QQQ - Technically in an uptrend and looks like only C-virus can stop it

                                                                                                                                       DBC - trying to find a bottom, we'll see if there is pent up demand and as the world opens up can some commodities benefit.

Friday, 8 May 2020

Stocks price action overnight vs. day-sessions.

Stocks have been gaping up and then just sitting there and selling off during the day.