Daily Gold Report

Sean LuskGeneral Commentary

Gold and silver futures fell apart in the afternoon session following Janet Yellen’s press conference. The Fed as expected raised rates a quarter point, however the Fed Chair’s comments were seen as hawkish and supportive for the Dollar. She left the door open for continued unwinding of the Fed’s balance sheet which means an unwind of their $4.5 trillion balance sheet …

Windy City Jim’s – Daily Trade Recommendations (06/14/17)

Jim WaltersGeneral Commentary

Please contact Jim Walters for Thursday’s trade signals.   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   Walsh Trading, Inc. is registered as an Independent …

Ag Commentary

John WalshGrains

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 …

Wheat Long Term Forecast: Wave Theory Applied

John LunneyGeneral Commentary

I spent the better part of last night analyzing the current wave patterns in the wheat market. Breaking it down in classic top down fashion. That is, starting with the monthly charts and working down to the short term daily charts. This is the only way to see the dominant forces at work and to better position ones self for the …

Tuesday PM US Grain Weather Report

walshtradingWeather

TUESDAY PM RADAR — FAST  EAST LOADING RADAR  The midday radar shows thunderstorms over north western Wisconsin and scattered showers and thunderstorms over southeastern Wisconsin … and 50% of Indiana, Ohio, eastern Kentucky, West Virginia and western North Carolina.  There are additional widely scattered showers and storms over 30% of southeastern Texas, Louisiana, southern Arkansas and 50% of southern Mississippi and …

July Soybean Complex: Making Sense of It

John LunneyGeneral Commentary

   July Soybeans       As touched upon in yesterdays post I have observed reappearing wave structure characteristics in the agricultural products as it concerns to the layout of correctives patterns. In todays action I believe we have witnessed the extreme of a second wave in a five wave pattern at 940.0 If this is correct it should be followed by an impulsive wave (3) to the …

Windy City Jim’s – Daily Trade Recommendations (06/13/17)

Jim WaltersGeneral Commentary

Futures Day Trading Signals (Wednesday June 14, 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 : 932 1/2 …

Ag Commentary

John WalshGrains

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 …