12/7/16 was UP a whooping +$1.74 and the model projects that the component on yesterday's kill will rocket upward by something like +0.75 to +1.05. A lot of "Gap" closes in a hurry with jumps like that. The "Gap" last night at +2.16 with the ZZZs premium to the component.

With their rock-solid bids, packers were able to purchase 98.9% of the moving average daily purchases. The lower prices we saw before Thanksgiving appears to have really whipped up demand.

Still long the ZZZs and GGGs.

Best wishes,

dhm