Category Archive

GENERAL ENERGY – The crude is down nominally today. Although near highs. The market, as suggested, has the demand, the technical and the political reason to remain supported. The demand destruction theory has yet to materialize. Look for the administration’s stance on energy. The lack of domestic expansion continues to be supportive energy. The natural gas market now solidly above …

GENERAL EQUITIES – The stocks are rebounding today. This is to be expected after weakness. Again the markets are in a Bear in my opinion. This will continue to be the case as outside influences dominate. The cost of capital is climbing slowly but surely. The cost of goods CPI is going to hurt the consumer. This will have a …

GENERAL GENERAL A few general thoughts that reflect my opinions.  EQUITIES – The market is lower today, but bouncing off the recent lows. It is my opinion as I sit here today that nothing fundamentally has changed for the positive. To the contrary, rates are just starting up. The housing market is slowing. And, the energy prices, at the very least, …

GENERAL The EU it appears is suspending imports from Russia related to CRUDE. The Crude market rallied close to 120 p barrel. The market has since backed off and is 1 per barrel higher. The reality of the global market is that the normal flows are off. This is supportive of crude. In addition the speculative side of the market will …

The Crude market continues to climb. This is driven by the administration policy regarding energy. The perception has changed. The average price of Gas in all 50 states is above $4.00 per gallon. This is a first time ever moment. Diesel prices are at all time highs. The stock market continues to exhibit weakness. Look for more of this given …

SOY The beans are charging ahead over the last few sessions. The thoughts are the clearing weather in the Midwest will not add more bean acres. This may or may not be true. The recent Chinese purchases are also a supportive factor. The market is hoping for and anticipating more. Also helping beans is the recent strength in meal. Moving …

GENERAL The crude is up $5.00 per barrel today. The macro concerns continue to feed a bid. The stocks are down again with the Dow down over 300 at present. The macro is down here in my opinion. The value hunters will buy and continue to lose. The reality is the global fundamentals have changed. Interest rates are rebounding, the macro …

SOY The beans rebounded today. The planting progress released yesterday afternoon may be the reason. The progress continues short of expectations. The current numbers are 12% planted. A gain from the previous week at 8%. This is well below the 5 year average at 24%. The weather next week will be important especially in the northern growing states. This is …

GENERAL: The Global atmosphere has a negative tone. The war in Ukraine is a real concern for various aspects of the market. The energy sector continues to receive a bid. This volatility will continue. It appears to me there is a lack of understanding regarding the potential slow down that appears to be coming. The EU appears to be slowing. …

COMMENTARY: The beans have broken approx one dollar per bushel over the last week. This is fueled by the retreat in the energy prices. Also, the talks in Ukraine regarding a settlement with Russia. There may be larger thoughts at play here as well. First, the Chinese demand is declining. This is supported by recent sales numbers. Second, the global …