ARP HERE Small stock market crash, LONG AND WRONG For now anyway. Could this be a top. Going forward I have levels,but only trading levels. No long term cowboy predictions. In my opinion short covering rallies will be vicious. Do not discard this warning However this is where we can take advantage of the volatility. I could turn bullish stocks …
AG TIME – Something for Everyone
A little bit different approach today. Variety is the spice of life. As they say. There is so much going on I thought I would comment on many of the things I look at although perhaps do not offer trading suggestions. “Jack of all trades, Master of none.” is hard to live by. But sometimes pays dividends. Food for thought. …
Harvest/Seeding and the Federal Reserve
It’s still out there and it’s looking for a place to stay…………………………..Harvest activity is expected to be brisk the next two weeks and corn and beans will be looking for bins and bags to spend the rest of the Fall and Winter……………………………..Yet, basis levels on corn firmed a little yesterday as some are saying that the producer is doing a …
Livestock Report
November Feeder cattle continues to trade in the lower part of its 159.90 – 155.525 trading range, with the Thursday October 11, 2018 range from 155.95 low to the 157.275 high. It settled at 156.75. A close below 155.525 could send price down towards 151.00. A rally past 157.30 could send price up towards the 159.90 high. A break out …
AG TIME – Cheap and Expensive
I would like to start this out by saying, in my opinion, there is no such thing as cheap or expensive. It appears to me that as market participants we get caught up in the cost of production relative to board price. It is irrelevant if a particular person, or many people, can sell at a profit or loss. The …
USDA Corn Surprise – Stocks are Fanged
ARP HERE, I have been covering stocks for the past few months looking for a break. I have been accused in the past of being a pit bear in the nasdaq. I named my old site after my nickname nasdog. Anyway,I have had many questions regarding the nasdog. That is the genesis. Two days ago I cited my continual thought …
Getting into Gut Slot of Corn and Bean Harvest
The numbers are out and we can go back to focusing on weather, trade deals and monetary policy. The USDA figures; Corn production at 14.778 billion bushels surprisingly down from the September estimate and carryover projection increased by lowering exports………………….Bean production was decreased by 3 million bushels from the September figure to 4.690 billion bushels and carryover increased …
Pre-USDA, Buy Bearish Report?, LC FC OLS, KWZ SU, OJ
Good morning Strategic view CORN- Let’s see what the $3.60 bears can do. I like standing at my long term macro levels to buy. I made long term bottom call in corn on an org 3.43 support, and tiny OLB2 under 3.48ish. This was confirmed with a reversal down bar my sequence right into olive buy extreme. 5c sloppy. Buy …
Livestock Report – Feeder Cattle
Feeder cattle broke down to the lower part of its 159.90 – 155.525 trading on Wednesday October 10, 2018. It made its low at 155.725 and settled at 156.175. The aggressive purchasing of feeder cattle seems to have come to a halt. Muddy conditions in feedlots plus calf weaning and colder weather lead to illness risk creating a cautious buyer …
Grain Spreads: Points on the Map
I have been reading and watching over the last 36 hours many pre-report USDA guesses and subsequent game plans regarding the grain trade for the next 30 to 60 days. Eerily they are all the same. Buy any spike dips in corn and beans as the anticipation is that funds will buy the next dip in both on a report …