I like coffee

Further of my blog dated May 14
評
Coffee, 買入JO 的時機, 風險應是很低. 但至May 31止. 与買入建議价@31.06
還是差了15%
不能不說, 低估了市場 Brazil stockpiles 高庫存. 買JO早了些

“The combination of sufficient coffee supply stockpiles from the last harvest cycle and bullish expectations for the next production cycle (bullish for prices, in other words negative expectations for the next harvest cycle) in Colombia and Brazil send a very mixed message,” said Andrew Barber, chief executive officer of Waverly Advisors LLC in Corning, N.Y.

Despite the drought in South America, stockpiles of coffee “are not yet tight enough to drive a rebound” in prices, said Barber. But the supply situation for coffee “appears vulnerable over the longer horizon.”

Now
Jun 3 JO  @27.52
May 21下跌至 @28.39有大筆承接. 出現价超跌現象. , 後市行情可期