Option and Futures Trader *Director at Riddermark Capital *Tweets convey my own opinion & Info accuracy cannot be guaranteed for any particular purpose.*
@elonmusk "President Cyril Ramaphosa acquired 1.2% percent shares in Standard Bank through BEE (Black Economic Empowerment), that is how he became a billionaire." - Moeletsi Mbeki
He never actually built any business. That's what these guys do. They will never let it go. They benefit.
{South Africa} MAR #maize#parity -R32 approx 42min pre-trade since yesterday's close 12pm on the back of a tad higher trading U.S. corn future at $4.31/bu countered by a stronger trading Rand at R15.66/$. Rand strength driven by a weaker $
WEDNESDAY WEATHER: Severe thunderstorm warnings for seven provinces including a LEVEL 5. See https://t.co/qs5oMSdrpC for the full forecast #saws#weather#forecast#weatherwarnings
TUESDAY WEATHER: Fog, thunderstorms in the east and snow possible for the Drakensberg. See https://t.co/qs5oMScTA4 for the full forecast #saws#weather#forecast#weatherwarnings
🇺🇸The trade is certain that U.S. corn yield will decline from the September levels on Friday, but that's not the case with soybeans (some see yield rising).
Analysts peg the U.S. corn crop up 13.5% on the 5yr production average, but the soy crop is seen 0.7% below.
What about this is controversial? It's astonishing how stating a plain fact gets people so riled up.
Reminds me of a quote by Thomas Sowell, "It's amazing how much panic one honest man can spread among a multitude of hypocrites."
⛈️🌧️☀️️🌤🌬️️️️️️ THURSDAY WEATHER – severe thunderstorm warning for seven provinces and cooler weather returns. See https://t.co/qs5oMScTA4 for the full forecast #saws#saweather#forecast#weatherwarnings
The Buffett Indicator (Total US Market Value/GDP) is a ballpark measure of how expensive stocks are at any one point in history…
It’s now sitting at ~234%.
A new all-time high.
“If the ratio approaches 200%, as it did in 1999, you are playing with fire.” - W. Buffett
🔥⛈️🌧️☀️️🌤️️️️️ TUESDAY WEATHER – thunderstorms possible and very hot in parts of SA. See https://t.co/qs5oMScTA4 for the full forecast #saws#saweather#forecast#weatherwarnings
Through 5 stops in western Iowa on #pftour25:
Avg corn yield 228 bu/acre, up 11% from these same 5 stops last year, up 45% from 2023.
Avg soybean pod counts in a 3x3' plot are 1684. That's up 12% from last year and up 38% from 2023.
Some disease but crops look really good.
Four stops in Nebraska east of Grand Island.
Average corn yield 208 bpa. That is up 1% from these same four stops last year and up 5% from 2023.
Soybean pods in a 3x3' plot averaged 1247. That's down 21% from these same four stops last year and down 1% from 2023. #pftour25