And it played out as a decent short opportunity which evolved into a cup and handle breakout into the close.
If I think something might go up, like your vix example, I position for it. Not wait to see if it will. Too many times in the past I waited for something to move but then once it did I either hesitated and got a poor entry point or jumped in right before a retracement started. Either the trade is there or it's not became my philosophy.
went to costco today and still no eggs, will short major supermarkets like wmt cost and target in next wave, want to find if there is a supermarket sector etf in specific. but i got some eggs from an asian supermarket. a buck fifty each egg. lol a tick es i used to have a chinese takeout meal with a beer when my wife is not home, now it can only buy less an dozen eggs.
$5.97/doz latest price here. Strange thing is every time I'm in the store they are filling the cases with them. If there is a shortage how do they keep get more stock?
How the monopoly works here... not big enough you go to smaller shops with smaller farms. Kirkland Signature eggs, sold at Costco, are sourced from Handsome Brook Farms. Costco's Kirkland Signature eggs, including organic and cage-free options, are supplied by Wilcox Family Farms. Here's a more detailed breakdown: Wilcox Family Farms: Costco has established regional organic egg programs with egg producers, and Wilcox Family Farms is one of them. Kirkland Signature Brand: Costco sells eggs under its Kirkland brand, and these eggs are sourced from Wilcox Family Farms. Cage-Free and Organic: Wilcox Family Farms is known for its cage-free and organic egg production. Pasture Raised: Costco also sells pasture-raised eggs under the Kirkland Signature brand Commitment to Animal Welfare: Costco has a commitment to selling 100% cage-free eggs. Regional Programs: Costco has regional organic egg programs with egg producers who supply their local Costco warehouses.
Costco where I live during the $11-13 a dozen highs was selling for $7.5/$7.80 for 24 ct. That took me down my annual rabbit hole of why Costco trades at a 40-60 PE ratio. The consensus with individual investors seems to be they didn’t screw consumers during Covid or the egg crisis. Costco sells at cost on eggs like Sprouts($6.49 18ct) and $4.49(12ct) like the rotisserie chickens.
Did Chris hit it big and the all-seeing George Soros forced him to manage billions? Is that why he has been a little light on posts? Too busy for us paper now?