Weekly Gold Report

Sean Lusk General Commentary Leave a Comment

Gold prices fell this week but managed to hold and settle above the key 200 day moving average. Geo-political uncertainties were one of the reasons that prices didn’t slip much further along with a slightly weaker reading on first quarter GDP released this morning. While June gold posted modest losses of $20.80 for the week, Silver was the big loser posting …

Thursday US Grain Weather Summary

walshtrading Weather Leave a Comment

Thursday afternoon radar shows moderate rain developing over central Kansas  western Nebraska  eastern Wyoming   with snow falling over eastern portions of Wisconsin …  rain over far southeastern Wisconsin and scattered showers across Eastern Michigan Central Ohio Eastern Kentucky and Tennessee. FAST  EAST LOADING RADAR  There are no changes in the forecast for the next 5  days regard to the …

Livestock Report

Ben DiCostanzo General Commentary, Livestock Leave a Comment

Live Cattle The June Live Cattle contract made another limit up move on Thursday, April 27, 2017, trading past and closing (121.525) just above resistance at the January 19th high (121.45). It also closed solidly above trendline resistance (119.20). This trendline now becomes support, and the trendline is moving downward so for Friday’s trade support  will be at 119.125. Resistance …

Windy City Jim’s – Daily Trade Recommendations (4/27/17)

Jim Walters General Commentary, Grains, Livestock Leave a Comment

Futures Day Trading Signals (Thursday, April 24th, 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 : June Gold Previous Closing Price : 1265.40 …

Global Overview

John Walsh General Commentary Leave a Comment

Much going on the domestic and global front. The President laying out much new work related to taxes, Nafta, Etc. The growth prospects are improving slowly but surely. The markets have much to digest with each new administration. Currencies    The dollar showing a bit of strength today. The trend has been up. Corrections to be expected. The corrections should be treated …

Ag Commentary

John Walsh Grains Leave a Comment

The market was very quiet today. The weather is the focus. The market is at a key level, especially as it relates to beans and meal. Will the funds now add to short beans for the duration of the season, or will weather have enough of a impact to get them to cover. The fundamentals are deeply trenched with a oversupplied …

Livestock Report

Ben DiCostanzo General Commentary, Livestock Leave a Comment

Live Cattle The June Live Cattle contract made another new high on Wednesday, April 26, 2017, trading up limit before settling just below the limit move at 118.525. It traded and closed above the April 21st high (117.575) setting up a potential test of trendline resistance at 119.20. A break above the trendline could lead to a test of the …

Wednesday Afternoon US Grain Weather Summary

walshtrading Weather Leave a Comment

The Wednesday afternoon radar shows moderate to heavy snow over the northern third of Minnesota into southwestern portions of western Ontario Canada.  Most of central and northern Wisconsin is seeing steady rain or thunderstorms and significant showers and thunderstorms  some of which are becoming severe have developed over central and northwestern Arkansas …the southern half of Missouri …and the far …

Wednesday US Grain Weather Summary

walshtrading Weather Leave a Comment

The Wednesday morning  radar shows  a cluster of heavy storms and moderate rain over far eastern portions of Oklahoma …far Northwest Arkansas …and the southwest third of Missouri with additional scattered showers over central Oklahoma and over the Texas panhandle.  A second area  of precipitation consists of moderate rain over the eastern third of Iowa …far northwest Illinois …the western …