Thursday, February 03, 2022


Notes Today:
 

  • Amazon appears to do quite well, even if Jeffrey’s tiny boat is a bit of an embarrassment.  (1 hr chart below)












  • Putin's Russia becoming more and more warlike.


  • More than 4 million Texans have lost power (again) after a weekend storm crippled the state’s energy infrastructure (again).  Abbott in action – again... Don’t think I’ll be moving to Texas.

  • (Bloomberg) -- Soybean buyers stung by a smaller and slower harvest than expected in Brazil are turning to the U.S. for supply, driving up prices and threatening to worsen food inflation.What was expected to be a record crop in Brazil is now looking far smaller, with lower yields and harvest delays due to adverse weather catching traders and end-users shorthanded. The uncertainty has driven buyers into the U.S. market. More than 110 ships have been chartered on a preliminary basis to load crops at ports in the Pacific Northwest, according to Bill Tierney, chief economist for AgResource Co. in Chicago.

 

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