Stocks are lower at midday Wednesday after durable goods orders rose less than expected in February, suggesting weaker-than-expected first-quarter economic growth. From the overall market, I would not be worried
Trading in JVA has long decoupled from that of GMCR.
JVA jumped up b/c of its own earning prospects, and b/c of the overall bullish big trend in coffee sector fundamentally.
All coffee stocks have participated in the big rally, except for GMCR, which has been in dog house since the big collapse. GMCR is going lower, but JVA is probably going to be in $30's before the big rally finally exhausted.