Live Cattle The June Live Cattle contract made another new high for the move on Monday, May 1, 2017, trading up to 125.325 before breaking down and trading to the low of the day at 123.65. A late day rally took price above 124.00 and it ended the session at 124.30. It settled at 124.125. Today’s trade formed a Spinning …
Windy City Jim’s – Daily Trade Recommendations (05/01/17)
Futures Day Trading Signals (Tuesday, May 2nd, 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 : …
Currency comment 5/1
The currency markets were quiet again Monday. Currency values have been moving sideways for the last week since the French first round voting saw the establishment candidates vanquished. The biggest feature in financial markets over the last week has been the weakness in the gold market. The value of gold has declined over forty dollars over the last seven days. Two …
Sunday Late Day US Grain Weather Summary
The late Sunday afternoon early evening radar shows heavy snow over western KS & south central NEB with widespread 70% coverage … significant rain with thunderstorms covering 75% of KS as well as the the eastern half of NEB, southeast third of SD, 75% of Iowa, 60% of southern MN, 60% of northern ILL AND western IND… and storms …
Friday Full US Grain Weather Report
For the complete US Grain Weather Report, CLICK HERE. For those interested, Walsh Trading hosts a FREE Grain Outlook Webinar each Thursday at 3PM CST. We will hold our next Grain Outlook Webinar on Thursday, May 4th. REGISTER NOW. If you cannot attend live, a recording will be sent to your email upon sign-up. If you missed last week’s webinar …
Equities shake off poor GDP , close with best week of the year
The day started off with a poor GDP, but the stock index markets were still able to close the week higher. The U.S. Economy grew at a 0.7 % pace the first quarter. This is a decline form the 2.1% level we saw to end 2016, and lower than the consensus 1.0% forecast. It was also the slowest pace in …
Weekly Gold Report
Gold prices fell this week but managed to hold and settle above the key 200 day moving average. Geo-political uncertainties were one of the reasons that prices didn’t slip much further along with a slightly weaker reading on first quarter GDP released this morning. While June gold posted modest losses of $20.80 for the week, Silver was the big loser posting …
Thursday US Grain Weather Summary
Thursday afternoon radar shows moderate rain developing over central Kansas western Nebraska eastern Wyoming with snow falling over eastern portions of Wisconsin … rain over far southeastern Wisconsin and scattered showers across Eastern Michigan Central Ohio Eastern Kentucky and Tennessee. FAST EAST LOADING RADAR There are no changes in the forecast for the next 5 days regard to the …
Livestock Report
Live Cattle The June Live Cattle contract made another limit up move on Thursday, April 27, 2017, trading past and closing (121.525) just above resistance at the January 19th high (121.45). It also closed solidly above trendline resistance (119.20). This trendline now becomes support, and the trendline is moving downward so for Friday’s trade support will be at 119.125. Resistance …
Windy City Jim’s – Daily Trade Recommendations (4/27/17)
Futures Day Trading Signals (Thursday, April 24th, 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 : June Gold Previous Closing Price : 1265.40 …