A combination of positive earnings and comments from the Treasury Secretary had the stock markets moving up again. The US Dollar showed some strength and wiped out losses from earlier in the week. Secretary Mnuchin said a tax reform package is progressing. The markets loved this and the S&P 500 had the second best day since March on the rally. …
Windy City Jim’s – Daily Trade Recommendations (4/20/17)
Futures Day Trading Signals (Wednesday, April 20th, 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 Oats Previous Closing Price …
Thursday Full US Grain Weather Report
For the latest full United States Grain Weather Update from WxRisk.com, CLICK HERE. For those interested, Sean Lusk, Director of Walsh Commercial Hedging Services, hosts a FREE Grain Outlook Webinar every Thursday at 3:00PM CST. REGISTER NOW. If you missed last week, you may VIEW A RECORDING.
United States Evening Grain Weather Update
For the latest full United States Grain Weather Update from WxRisk.com, CLICK HERE. For those interested, Sean Lusk, Director of Walsh Commercial Hedging Services, hosts a FREE Grain Outlook Webinar every Thursday at 3:00PM CST. REGISTER NOW. If you missed last week, you may VIEW A RECORDING.
Livestock Report
In the Southern Plains trading and demand are moderate. Compared to last week live sales in the Texas Panhandle have sold 4.00 higher at 132.00. In Kansas live sales have sold 2.00-3.00 higher from 130.00-131.00. In Nebraska trading has been slow on light demand. A few live sales sold at 133.00. In Colorado a few live sales have …
Daily Gold Report
Gold suffered its worst loss in over two weeks as profit taking ruled the day for the yellow metal as June futures settled at 1283.4 down . Recent inability to challenge 1300.0 an ounce basis June futures was most likely the culprit with weak longs taking profits. Despite a continued slide in equities, it wasn’t enough to stem the tide …
Ag Commentary
The Soy complex was quiet today. However the product relationships may prove to be key. The oil gained on meal today. The fundamentals for bean oil remain supportive as the global supply is a bit tight while palm attempts to replenish stocks. This trend may last into sept oct time period. This if realized will allow oil share to continue …
Livestock Report
Live Cattle The June Live Cattle contract traded to the 61.8% retracement level (116.56) of the move from the January 19th high (121.45) to the April 5th low (108.675) on Tuesday, April 18, 2017. It peaked at 116.90 in the first 45 minutes of trading and then collapsed to the low of the day at 115.35 before spending the remainder …
Windy City Jim’s Trading Signals Tuesday April 18th, 2017
Futures Day Trading Signals (Wednesday, April 12th, 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 Wher Previous Closing Price : 437 Projected …
Disappointing earnings lead equities lower
The U.S. stock market followed the lead of European markets on Tuesday and headed lower. The move in Europe started after UK Prime Minister Theresa May surprised everyone by calling for early elections in June. The Prime Minister is looking for a unified front ahead of the Brexit process. The Pound surged as the US Dollar tumbled on the news. …