Hi readers
So since our last post market is just starting to shake up a little which is wonderful.
Yes it is amazing our in the age of algorithms, computer trading and technical indicators, financial astrology works wonders.
That's something for new readers to think about.
For those who want to know
I picked up all my trades of the UVXY, under $10 yesterday also all the options as stated.
What I wasn't able to set up was the shorts on the futures markets ES and the Aussie SPI.
NOT prepared to go to market on them just yet, as I have said to some of you, new financial year brings in new money to the marketplace so there should be at some point buying as that money has to be put to work.
In Australia they also have superannuation which is compulsory that should hit fund managers account on Monday and that has to be put to work, similar to 401k.
Stock
Regarding stock investments Bub is locked in the vault with Farm Pride..
These are not trades but investments, until we see our prices.
Farm Pride is being run profitable so no need to worry, and will so for another 4 years.
In regards to BUB there sales numbers will be a pass for the market but forward guidance will be massive.
How the market reacts to it will be interesting..
The problem BUB has it can't meet demand for sales which have exploded beyond what management expected locally.
They are hands down selling far more than opposing brands.
The problem the company has and it's a good one to have is that the agreements made are unable irrelevant as they can't meet the demand.
The companies products are also more expensive that there opposition therefore, expansion has to happen.
It's for this reason expansions in cost to employ more staff is required.
New supplier agreement need to be also looked at as buy product from overseas would bastardise the product.
Victoria is full of dairy farmers unemployed, so that would be the best and obvious option.
So let's see what happens but should the stock dip I'll be buying share for my wife's account.
Australian's are a funny breed of people with there investment views, for some reason they find it difficult to see past there nose, that's why the best opportunities are still there and not in the US.
While the transport and logistics market is the one that has massive potential the stupidity of management has steered me away from opportunities there.
But once again there is another company that will list in the future on the ASX , and once again my favourite sector ( food).
I'll let you know when and what , at the right time to look and consider.
So since our last post market is just starting to shake up a little which is wonderful.
Yes it is amazing our in the age of algorithms, computer trading and technical indicators, financial astrology works wonders.
That's something for new readers to think about.
For those who want to know
I picked up all my trades of the UVXY, under $10 yesterday also all the options as stated.
What I wasn't able to set up was the shorts on the futures markets ES and the Aussie SPI.
NOT prepared to go to market on them just yet, as I have said to some of you, new financial year brings in new money to the marketplace so there should be at some point buying as that money has to be put to work.
In Australia they also have superannuation which is compulsory that should hit fund managers account on Monday and that has to be put to work, similar to 401k.
Stock
Regarding stock investments Bub is locked in the vault with Farm Pride..
These are not trades but investments, until we see our prices.
Farm Pride is being run profitable so no need to worry, and will so for another 4 years.
In regards to BUB there sales numbers will be a pass for the market but forward guidance will be massive.
How the market reacts to it will be interesting..
The problem BUB has it can't meet demand for sales which have exploded beyond what management expected locally.
They are hands down selling far more than opposing brands.
The problem the company has and it's a good one to have is that the agreements made are unable irrelevant as they can't meet the demand.
The companies products are also more expensive that there opposition therefore, expansion has to happen.
It's for this reason expansions in cost to employ more staff is required.
New supplier agreement need to be also looked at as buy product from overseas would bastardise the product.
Victoria is full of dairy farmers unemployed, so that would be the best and obvious option.
So let's see what happens but should the stock dip I'll be buying share for my wife's account.
Australian's are a funny breed of people with there investment views, for some reason they find it difficult to see past there nose, that's why the best opportunities are still there and not in the US.
While the transport and logistics market is the one that has massive potential the stupidity of management has steered me away from opportunities there.
But once again there is another company that will list in the future on the ASX , and once again my favourite sector ( food).
I'll let you know when and what , at the right time to look and consider.
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