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
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 …
Livestock Levels
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. …
Currency comment 3/22
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 …
Windy City Jim’s- Daily Trade Recommendations (3.23.17)
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 …
GPAM 2017 YTD 1.68% February -0.27%
GPAM 2017 YTD 1.68% February -0.27% PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. The above presentation is for informational and comparative purposes only. It is intended only for use by those who are knowledgeable about such comparisons. The index or indices selected to generate the above comparison is/are not available as directly investible product(s). Generally, no individual can purchase …
Livestock Report
Live Cattle April Live Cattle resumed its uptrend after a one day pause on Tuesday, March 21, 2017, making a new high (120.075,) after an early breakdown in price failed to take out Monday’s low at 118.45, reaching 118.50. The recovery took price to the high of the day and then Live Cattle consolidated and ended the session just below …
Currency comment 3/21
The dollar fell while the pound and Euro rallied in Tuesday FX trading. The prime cause of the Euro rally was the very good showing in the French election debate by candidate Marcron against LePen. Investors are fearful that a victory by LePen would further erode the structure of the EU. U.S. economic news continues to take a back seat …
Livestock Report
Live Cattle April Live Cattle stalled on Monday, March 20, 2017, failing to make a new high and trading down to test trendline support at 118.20, making the day’s low just above it at 118.45. Breaking down below trendline support could close the gap from the March 15 high (118.075) and the March 16 low (118.20). Support is at 117.825 …
Windy City Jim – Daily Trade Recommendations (3.21.2017)
Futures Day Trading Signals (Thursday March 21st, 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 Soybeans Previous Closing Price : 999 1/2 …