Equities move higher The S&P 500 and Dow Jones futures both moved higher on Friday supported by a good jobs report in the morning. Sideways trading led to a rally mid day, with some follow through in the afternoon. The S&P futures flirted with the 2400 level into the close, and the Dow pushed towards 20,960. Strong jobs numbers Non …
Walsh Weekly Gold Report
Gold suffered its worst weekly loss since the November Presidential election. June gold futures lost almost $42.00 to close at 1226.9, while July Silver lost 99 cents to close at $16.27 an ounce. With non- commercial funds long just over 200 K contracts in gold and over 109 K contracts in Silver, the liquidation theme this week was unrelenting. Two events the trade …
Thursday SMS Grain Weather Summary
THURSDAY MID MORNING RADAR – The Thursday morning radar shows heavy rain and storms over of the southeast third of MO, far northeast ARK and much of central and southern ILL … all of IND … all OH. The coverage here is 70 to 80%. Additional moderate rains are falling over 60% of the northern half of KY and the …
Wednesday Evening US Grain Weather Summary
RADAR LINK 1-5 DAY = NO CHANGES. 6-10 DAY = The Wednesday afternoon European model came in and it is significantly wetter in the 6-10D in a matter very similar to what we saw with the afternoon operational or regular GFS model and GFS ensemble. This image compares the “regular” GFS model on the LEFT and the European model on …
Wednesday Afternoon US Grain Weather Summary
The radar map shows lot of scattered showers over 60% of MN, 50% of SD, NEB, western KS and far nw IA… HEAVY rains over 70% of MO, ARK, LA, into central ILL and sw IND. FAST EAST LOADING RADAR 1-5 DAY = No changes in the 1-5D — 12z WED GFS has an area of 5-6 inches over south central …
Livestock Report
Live Cattle The stampede continues. The June Live Cattle contract made another new high for the move on Wednesday, May 3, 2017, trading up to 130.05, going limit up for the session. The limit will be expanded to 4.50 on Thursday for the Live Cattle markets. Cash continues to drive futures higher as the fedcattleexchange auction started the frenzy in …
Tuesday Evening US Grain Weather Summary
Please note that when you click on the maps you will see a button which says “SHOW IMAGE SLIDESHOW .” When you click on that link, the maps enlarge so you can see the data in full detail. RADAR LINK 1-5 DAY – The Tuesday afternoon European models are unchanged for the 1-5 day. It has a large area of 1-4″ /25-100mm with …
Windy City Jim’s – Daily Trade Recommendations (05/02/17)
Futures Day Trading Signals (Wednesday, May 3rd, 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 …
Stocks rebound and inch higher ahead of jobs Data
Rally puts equities up again Equities rallied late in the session after a downward move to start the day. The Dow was dragged down on poor earnings reports, along with the slide a slide in crude oil bringing down energy producers. Crude oil hit a six month low, dropping over 250 points before the day was over. OPEC’s announced production …
Daily Gold Report
After nearly hitting a three week low June gold futures finished the day near unchanged at 1257.0. Today’s tight range of only $6.20 for June futures indicates that investors are faced with some major data points in the next few days and therefore are awaiting the results. The data points are highlighted by tomorrow’s FOMC rate decision and the non farm payroll number on …