RSS
So you want to go short OJ, think again. La Nina is coming!
Basically the OJ market has been getting decimated. Ever since that shlocky ICE took over the entire exchange has been sinking. Stupid is as stupid does, and boy are they idiots. Anyway, this wholesale selling in the OJ is a buy signal to me. In addition natural gas is looking good too. We maybe in for an above average storm season in the Gulf this year. Why? La Nina is coming and that could mean more Atlantic storms that could impact Florida.
From Intellicast, best weather on the web, in my opinion~!
“When the Atlantic is warmer than normal, the number of hurricanes and major hurricanes (CAT 3-5) approximately double in frequency. This is because the oceans reach critical temperature thresholds sooner in the eastern areas where the biggest storms often form and they stay warm longer.”
“The positive AMO (Atlantic Multidecadal Oscillation) also has an affect on surface pressures that favor more storms. Purple is lower than normal pressure during the warm Atlantic mode.”
“Note surprisingly the number of east coast and Florida hurricanes increases.”
“In La Nina years, there is a wide scatter of storm tracks with a cluster in the western Gulf of Mexico, one over Florida, another in the Mid-Atlantic and the last in New York and New England.”
