Meats hold the OLB once more

Alan PalmerGeneral Commentary, Grains, Livestock

I am doing a webinar today so please feel free to look for it if your interested in trading, speculating, pricing your meats or grains as all markets in the news will be covered. Raining on LaSalle street in Chicago and beans should be down heavy with the bear traders.  What’s up?  If you need to buy thousands of 5,000 …

Livestock Report

Ben DiCostanzoGeneral Commentary, Livestock

Live Cattle The August Live Cattle opened (114.825) lower on Thursday, June 22, 2017 and raced down to a new low for the down move at 113.40. The low is right at the 200 DMA (113.40) support level and buyers came in at this level and took price higher. The grinding rally took the entire session, but price traded up …

Live Cattle Report

Ben DiCostanzoGeneral Commentary, Livestock

Live Cattle The August Live Cattle opened (115.80) lower from Monday’s settlement (116.10) on Tuesday, June 20, 2017 and raced down to the low of the day at 113.65. The low came in just above the 200 DMA (113.25) support level and buyers came in at this level and took price higher. By the end of the session Live Cattle …

Futures Day Trading Signals (Monday June 19, 2017)

Jim WaltersGeneral Commentary, Grains, Livestock

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 …

Livestock Report

Ben DiCostanzoGeneral Commentary, Livestock

Live Cattle The August Live Cattle opened (117.75) below the 100 DMA (117.975) on Thursday, June 15, 2017 and dipped down to 117.10 before rallying to the high of the day at 118.50. It couldn’t hold onto the rally and the August contract fell to the low of the day at 116.975. Live Cattle recovered from here and ended the …

Thursday Macro wrapup, Oilshare etc.

Alan PalmerGeneral Commentary, Grains, Livestock, Stocks

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. …

Inflation plays bustling short meats long grains

Alan PalmerAsset Management, Energy, General Commentary, Grains, Livestock

bustling markets from buy nov beans sell dec wheat ratio, -37c was support, another near miss buy level.  Do you think people are waiting in the wings to buy? (chart order challenged but levels posted last few weeks.  Olive’ line is powerful.  Illustrative purposes in charts, patterns.  The 7’s also appear a lot and have good meaning if you like …

Livestock Report

Ben DiCostanzoGeneral Commentary, Livestock

Live Cattle The August Live Cattle made an early attempt to rally and recover some of Tuesday’s late day losses on Wednesday, June 7, 2017. It made its high for the day at 124.925 right around the time the fedcattleexchange auction was to take place. The auction was postponed however, to Thursday as technical glitches with their website occurred. They …