Transcript

00;00;00;21 – 00;00;09;09
Unknown
Future trading involves risk not suitable for all investors. Content provided in this segment is meant for educational purposes and is not a solicitation to buy or sell commodities.

00;00;09;12 – 00;00;12;25
Unknown
Hello, everybody. Welcome back to another episode of Tech Talk. I’m Cody, he

00;00;12;25 – 00;00;14;22
Unknown
is Andy. We are coming to you

00;00;14;25 – 00;00;23;00
Unknown
on Wednesday. The 11th of February. Just about, about 10:45 eastern time, 9:45 central time.

00;00;23;03 – 00;00;27;16
Unknown
How are you doing?

00;00;27;18 – 00;00;37;11
Unknown
So that’s still one and time still cold out there. Gotta keep it going.

00;00;37;13 – 00;00;52;18
Unknown
Was the ice. Yeah. I was going to say if I sound a little stuffy. I do have a cold right now, so I have to wear and a hat even in the house. It’s it’s that it’s the time that it’s cold and flu season still. And I’ve caught whatever it is. So I got another cough drop for air.

00;00;52;20 – 00;01;05;05
Unknown
No. So if you hear me coughing, I do apologize. Yeah, it’s still going on.

00;01;05;07 – 00;01;11;03
Unknown
Speaking of something going on?

00;01;11;05 – 00;01;15;21
Unknown
I’ll get nonfat.

00;01;15;23 – 00;01;37;10
Unknown
Man, I say, from last Tuesday till Friday at five. I don’t know if the phone stopped ringing asking what was going out with that fat. We were up, what, four days in a row to limit. Almost expanded.

00;01;37;13 – 00;01;49;15
Unknown
Yeah.

00;01;49;18 – 00;02;07;28
Unknown
Yeah.

00;02;08;00 – 00;02;12;13
Unknown
Right.

00;02;12;15 – 00;02;21;25
Unknown
Dude, it feels like it. I mean, yeah, even futures right now down two and a half.

00;02;21;27 – 00;02;32;07
Unknown
Yeah.

00;02;32;09 – 00;02;53;29
Unknown
Yeah.

00;02;54;01 – 00;03;08;02
Unknown
Incredible. You said and also Blue Moon type of action that we’ve been seeing.

00;03;08;05 – 00;03;34;13
Unknown
Yeah.

00;03;34;15 – 00;03;40;01
Unknown
Yeah.

00;03;40;03 – 00;03;49;00
Unknown
Oh.

00;03;49;03 – 00;03;51;29
Unknown
Yeah.

00;03;52;01 – 00;03;56;29
Unknown
Right.

00;03;57;01 – 00;04;26;23
Unknown
Monday. Yeah. Ones. Yeah. Yeah.

00;04;26;26 – 00;04;32;00
Unknown
Right. Yeah.

00;04;32;02 – 00;04;34;21
Unknown
Yeah.

00;04;34;24 – 00;04;50;24
Unknown
And then I don’t know the way that we were trading yesterday and I think we’re going to move as fast as we moved on the way out. But like when, when, when it’s over in class for nonfat and butter, it really feels like it’s over. And I feel like you said, I kind of feel like we’re teetering on the edge.

00;04;50;24 – 00;04;59;13
Unknown
And this run might be done. Yeah.

00;04;59;16 – 00;05;04;21
Unknown
Yeah.

00;05;04;23 – 00;05;09;01
Unknown
With with.

00;05;09;03 – 00;05;20;07
Unknown
Yeah.

00;05;20;09 – 00;05;30;20
Unknown
Yeah.

00;05;30;22 – 00;05;38;03
Unknown
Yeah. Right up front.

00;05;38;05 – 00;06;10;29
Unknown
Yeah. With more chat. So same area ish. I mean. Yeah. Convergence gonna have a massive convergence here.

00;06;11;01 – 00;06;19;02
Unknown
Right, right.

00;06;19;04 – 00;06;29;14
Unknown
Yeah. Yeah. Exactly the same. The same reaction.

00;06;29;16 – 00;06;41;15
Unknown
It’s very possible.

00;06;41;18 – 00;06;45;16
Unknown
Yeah.

00;06;45;18 – 00;06;50;02
Unknown
Correct.

00;06;50;05 – 00;06;55;25
Unknown
Yeah. Continuation.

00;06;55;27 – 00;07;12;15
Unknown
And and.

00;07;12;18 – 00;07;20;26
Unknown
A knife? Yeah, a falling knife. A freight train.

00;07;20;28 – 00;07;37;20
Unknown
Well, I mean, it feels like it was the same way when it was going up. There’s folks that were trying to throw offers out there and we blow through it within one day being, you know, expanded limits. We settled, I think, $1.15 did our 50 or every day for a whole week. And it was just it was madness.

00;07;37;22 – 00;07;49;20
Unknown
And it just kept going. And it was like, well, all right, well at some point it’s probably going to turn that we just don’t know where I have. Love that movie. Such a good movie. Madness.

00;07;49;22 – 00;07;54;17
Unknown
This is madness.

00;07;54;20 – 00;07;57;16
Unknown
We have.

00;07;57;19 – 00;08;16;16
Unknown
The next one to beat up. Do.

00;08;16;19 – 00;08;32;00
Unknown
Right.

00;08;32;03 – 00;08;45;06
Unknown
Yeah.

00;08;45;08 – 00;09;01;17
Unknown
Yeah. No.

00;09;01;20 – 00;09;06;16
Unknown
Right, right.

00;09;06;19 – 00;09;28;12
Unknown
Oh.

00;09;28;14 – 00;09;55;27
Unknown
Okay.

00;09;56;00 – 00;10;05;17
Unknown
Let’s.

00;10;05;19 – 00;10;15;20
Unknown
There it is.

00;10;15;22 – 00;10;32;28
Unknown
Right. Yeah.

00;10;33;01 – 00;10;57;27
Unknown
See, see. So you’re more on the bullish butter train right now. Do you think you’ll have do you think we’ll have to wait two weeks until we get to March 1st to really start that rally. Yeah. Just got to sit here and kind of dance around a little bit.

00;10;58;00 – 00;11;02;23
Unknown
Right.

00;11;02;26 – 00;11;14;09
Unknown
Yeah.

00;11;14;11 – 00;11;28;00
Unknown
And it could be these two weeks that kind of lull people to sleep after what nonfat just happened. We get to March 1st two and we take off with the new, the new crop.

00;11;28;03 – 00;11;40;13
Unknown
Top. Yeah. It was like crazy.

00;11;40;16 – 00;11;48;03
Unknown
Yeah, yeah. Now it’s good boy.

00;11;48;05 – 00;12;07;25
Unknown
No, I don’t know. Next one. Also very important.

00;12;07;28 – 00;12;37;01
Unknown
Yep.

00;12;37;04 – 00;12;50;20
Unknown
Oof, I believe it. It.

00;12;50;23 – 00;13;00;03
Unknown
Yeah.

00;13;00;05 – 00;13;08;27
Unknown
We’ve. We finally found a number that we can’t break through.

00;13;08;29 – 00;13;17;12
Unknown
Yeah.

00;13;17;15 – 00;13;43;22
Unknown
You know.

00;13;43;24 – 00;13;55;04
Unknown
Right.

00;13;55;06 – 00;13;57;15
Unknown
Yeah.

00;13;57;18 – 00;14;30;20
Unknown
Well, that’s why it could have a pretty direct correlation to dairy.

00;14;30;22 – 00;14;38;22
Unknown
Yeah. 7000.

00;14;38;24 – 00;15;08;16
Unknown
One. Yeah.

00;15;08;18 – 00;15;11;14
Unknown
Agreed.

00;15;11;16 – 00;15;17;17
Unknown
It might be. They might be? Yeah.

00;15;17;20 – 00;15;24;29
Unknown
Yeah. Drop it. Drop to 5000. Buy them back again.

00;15;25;01 – 00;15;29;13
Unknown
That would it? Yeah.

00;15;29;16 – 00;15;35;13
Unknown
Do the math.

00;15;35;16 – 00;15;43;04
Unknown
I think so.

00;15;43;07 – 00;15;54;01
Unknown
Two. Nasty.

00;15;54;03 – 00;15;58;18
Unknown
I just yeah.

00;15;58;21 – 00;16;02;28
Unknown
You

00;16;03;01 – 00;16;08;06
Unknown
Awesome. All right. Well, we had no.

00;16;08;08 – 00;16;28;22
Unknown
We had nobody call in email or text us for any, requests. If anyone has any for next time, please let Andy and I know we’d be happy to take a look at them. If you have not, please smash that subscribe button, give us a thumbs up, and just take a look at what we have going out on the Ever Egg Insights channel.

00;16;28;24 – 00;16;36;04
Unknown
If there’s anything you guys like, see, for next time again, please let us know. Have take a look at it. Until then, have a great week. Even better weekends. We’ll see you guys next time.