The markets were down today. The weather has been fairly conducive to bean production overall. There are some problematic areas but that is always the case. The concerns at present are that it turns hot and dry in august. That has had the market on the defensive. The reality of the situation now is that we would need to go …
Ag
The markets again traded both sides today. The oil share was the looser as beans and meal were close to unchanged. The weather has been very ideal of late. However for some reason commentaries are all focused on the what ifs. What if it turns hot and dry in july ? Till then it is almost ideal. Let the market rally …
Futures Day Trading Signals (Monday June 19, 2017)
Futures Day Trading Signals (Tuesday June 20, 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 : July Soybeans Previous Closing Price : 937 3/4 …
Ag Commentary
The market wants so badly to believe in a bull market in the soy complex. Perhaps it plays out. It is important to note it is to early in the season to trade a drought in beans. In addition we have received ample rains. There is never a perfect growing season. However usually mother nature gives what is necessary. The …
Thursday Macro wrapup, Oilshare etc.
Farmers and Traders, Speculators and day traders, Something for everyone so if your serious about trading let’s chat on how I can clean up some of your slop (slippage). The patterns my high end software that can help my customers detects consecutive patterns for a host of reasons. 1. Stay out of the way like meats on way up. 2. …
Ag Commentary
The soy complex traded both sided of unchanged. The weather has moderated, with more rains received than anticipated. The big story of the day was the gain in oilshare. The crush was approx. 6 million larger than anticipated. The oil stock are 200+ million lbs lower than a year ago. This plus the general strength in vegoil markets helped the gains. …
Nat Gas, Sell Bonds, Fed goes 1/4% today
Bonds and notes ran right into these long term trendline resistance at the highs today. I suggest using these indicators and stay out of the sloppy action in between, the chop. Let’s see if bonds stop up here as inflation heats up. Nat Gas after olive sell in chart now has small olive buy. Under here look out below as …
Ag Commentary
The markets are awaiting a change in the forecast. Tomorrow we will receive Nopa crush estimates. This time of year can be frustrating due to the uncertainty. As said all along the markets are in a bearish macro move. The question now is if the trend will resume or a weather market will play out and cause a yield reduction. This could …
Ag Commentary
The market was fairly quiet after a higher opening. The weather is moderating. More rains are being received. Some long range models are looking for more rain. The flat price will work lower when the market is comfortable with the moisture situation. My focus now is on the oil share. this presents potential opportunity. as discussed the veg oil has a friendly …
FED hikes, Dow up $500 ? It’s show time.
Good Morning, As we approach qtr end #2 17′ we see back and forth immediate turns in grains based off my macro trend lines in the Ag’s. Algo’s play these if you look, hashed are longer term and for that type trader. Day trader’s- over line, you buy go home flat but rules here also. Long term- Buy this break …