5 Minutes on the Markets – 04/09/2025

This is posted every morning at about 8 AM, before the markets open.

Live Cattle and Lean Hogs each posted a Bearish Engulfment on their respective charts yesterday, suggesting the price pressure should continue. Grains higher overnight, showing little recent effect from tariff worries. Overall market volatility remains high, with Stock Indexes aggressively lower lower, Energies sharply lower, T-Bonds dropping 3 points as I write this.