Take physic, pomp

Chart of the day is…..

……sugar futures.

It’s been a couple of weeks since featuring it here, but it’s still very much part of my daily radar. Sugar popped to its highest level since 2006 last week on the much anticipated supply deficit (thanks to the low crop in India, mainly).

I’m going to re-take my position in Cosan (CZZ) today. The bottom was probably last week but that doesn’t worry….looking for my profit, not the Utopian perfect profit.


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