@Sobertrader @sobertrader
Trader,LSE.18 years member/floor trdr/local LIFFE,CSCE,NYMEX NYBOT 300hr yoga TT E London School of Yoga{Stew Gilchrist) Los Angeles,London Joined January 2009-
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💥Breaking News 💥: UNICA just revised down Centre-South Stocks by 2.4 million tons ! After a long, detailed, and precise revision of Centre-South Sugar Stocks, where Unica checked mill by mill, sugar stocks were revised much lower from 4.3m tons to 1.9m tons by 1st April, 2024,…
Net build in sugar longs on Friday's COT but missed Weds-Fri trading where March traded up 10% + on historic volume,Weds 2nd busiest day ever wont show up for 10 days!,funds like to disguise taking positions as long as possible,@CFTC must have their reasons for obliging them.
Sugar closing in on a 20% rip higher in the last week on fires and dryness in Brazil,late today it looked like someone threw in the towel on V/H(below) could be more to come with 7 days left to expiration
India exported 9 m tons last year,a huge loss to fill,word is 24/25 is not looking optimistic either.
India exported 9 m tons last year,a huge loss to fill,word is 24/25 is not looking optimistic either.
Forecasts for the Centre-South Brazil cane crop have been revised significantly higher in recent weeks. The weight of cane being harvested is exceeding even the most optimistic farmers forecasts. 620-625M tonnes of cane is thought to be available in the field.
£900 on Alcaraz to win Wimbledon at 3/1 pre tournament,he’s in the semis having won 5 games convincingly and he’s still 3/1,no cash out!
It would be great if AI could figure out the algorithm that dictates the increasingly unpredictable prices of NYC hotel rooms which seems to guarantee that if you make a reservation the room will be half the price 24 hours later but if you hold off it will be double. #NewYork
Warren Buffett spot on about a lack of consequences for terrible failed banking executives,any word on prosecuting the shocking last hour distribution of bonuses at #SVB?
The futures flying around on every minor shift in nuance with respect to predictions for the economy and inflation from a guy who has proved conclusively that he couldn't pick a horserace winner with the next day's newspaper #Jeromepowell
If this keeps up Biden may be refilling the SPR at $70 and have accomplished,unquestionably with luck on his side,one of the greatest energy trades in history #OOTT
If this keeps up Biden may be refilling the SPR at $70 and have accomplished,unquestionably with luck on his side,one of the greatest energy trades in history #OOTT
Entire eye popping $2 + crash last night recovered on US open,half baked non specific rumors out of China on a weekend are more likely than not funds using news outlets to work their positions.#OOTT
60K new shorts is a shocking number,given a few positive fundamentals like whites and the structure if one of the few strong trader players remaining decide to get behind the no 11 a sharp covering rally is possible #OATT #OOTT
Sugar laid down 43 straight red 60min heikin ashi candles to close the week after posting a brief now distant high on Monday.Macro weakness was involved but 43 straight is unquestionably market manipulation at its finest.@CFTC @ICE_Markets #OATT
Since September beans are up 32% and corn is up 47% while sugar is essentially unch,Unica reported much lower sugar crush numbers for April than expected,the connection should continue while SB prices remain subdued relative to ZS and ZC
Constructive EIA figures across the board against a bullish macro/geo political backdrop = the perfect set up for an HFT/Algo bear raid-welcome to the world of oil derivatives trading #OOTT

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