Absolute Momentum Strategy – Weekly Snapshot

William Reavis Asset Management, Currencies, Energy, General Commentary, Grains Leave a Comment

Below is a snapshot of open trade positions in the Absolute Momentum Strategy investment. The total open trade equity in the portfolio inclusive of fees and commissions as of the close of trading on Friday, March 24th, 2017 = $4,820 LAST WEEK IN TRADING Long Term Commodity Trader click to enlarge Long June Australian Dollar was entered at 0.7725 on 3/20/17. …

Walsh Weekly Grain

Sean Lusk General Commentary Leave a Comment

Soybeans won the race to the bottom in the grain market this week losing 24 cents on the week for the May 17 contract. Corn posted an 11.2 cent loss while wheat lost 12 cents. The massive South American crop production outlook and a wet outlook for the central and southern U.S. in the next few weeks are factors which …

Currency comment 3/23

Steve Caldwell General Commentary Leave a Comment

Thursday saw another day of sideways drift in the currency markets. Dollar slightly higher and foreign currencies slightly lower; bonds and equity indices also soft. Initial weekly unemployment claims spiked up by 18,000 to 258,000. Claims have been climbing for the last three weeks. The retail sector of the economy has been in trouble since last year. There is increased talk the 132 …

ag commentary

John Walsh Grains Leave a Comment

The soy complex continues to erode . The beans and the meal are the down side leaders. Not much has changed in the last 24 hours.There were some beans sold to china and unknown. This export expectation is dialed into the market. Without the sales the market may begin to act  more bearish. As mentioned the report on the 31st …

Livestock Levels

Ben DiCostanzo General Commentary, Livestock Leave a Comment

Live Cattle April Live Cattle gap opened higher on Wednesday, March 22, 2017, (Tuesday high -120.075 – Wednesday low – 120.15) and never looked back as it reached its allowable limit up move of 3 cents/ pound during the fedcattleexchange auction.  Price then consolidated within a 1c/ lb range 121.90 low to 122.90 high) for the rest of the day. …

Indicies sideways ahead of House vote

John Weyer Stocks Leave a Comment

Not too much action took place in Wednesday’s trading  in the equities. It seems as if the markets are in a holding pattern, as eyes and ears await the health care vote in the House on Thursday. The Dow closed lower on Wednesday, but missing was the strong sell off we saw on Tuesday. The S&P 500 was able to …

Currency comment 3/22

Steve Caldwell General Commentary Leave a Comment

Another dull trading session in currencies on Wednesday.  The dollar was slightly lower and foreign currencies were slightly higher; bonds higher and equity futures soft. The lack of economic news has left the markets to drift sideways. There was an apparent terrorist attack in central London Wednesday. Four people killed by a lone attacker. The incident occurred near the Parliament …

Daily Gold Report

Sean Lusk Precious Metals Leave a Comment

Gold futures finished the session a hair under 1250.0 an ounce Wednesday settling at 1249.7. Today’s settle puts the yellow metal up $19.70 for the week so far and the rally can be mostly attributed to safe haven buying in my opinion. S&P and Dow futures have suffered their worst weekly losses of 2017 this week, with technicians warning of …

Windy City Jim

Windy City Jim’s- Daily Trade Recommendations (3.23.17)

Jim Walters General Commentary, Grains, Livestock, Precious Metals Leave a Comment

Futures Day Trading Signals (Thursday March 23rd, 2017) Author: Windy City Jim  312-948-9456 NEVER RISK MORE THAN YOU CAN AFFORD TO LOSE. CALL FOR RECOMMENDATIONS ON PROTECTIVE STOPS. SEE FULL DISCLAIM ON FUTURES TRADING AT THE BOTTOM. WE ONLY ENTER THE MARKET IF THE PRICE HITS THE BUY OR SELL POINT BUY SIGNAL Commodity : May Corn Previous Closing Price : 358 3/4 …