The soy complex continues to erode . The beans and the meal are the down side leaders. Not much has changed in the last 24 hours.There were some beans sold to china and unknown. This export expectation is dialed into the market. Without the sales the market may begin to act more bearish. As mentioned the report on the 31st …
US Grain Weather Update
For the latest US Grain Weather Update, CLICK HERE. For those interested, Walsh Trading hosts a FREE Grain Outlook Webinar each Thursday at 3PM CST. We will hold our next webinar on Thursday, March 23rd. REGISTER NOW. If you missed last week’s webinar, you may VIEW A RECORDING.
Livestock Levels
Live Cattle April Live Cattle gap opened higher on Wednesday, March 22, 2017, (Tuesday high -120.075 – Wednesday low – 120.15) and never looked back as it reached its allowable limit up move of 3 cents/ pound during the fedcattleexchange auction. Price then consolidated within a 1c/ lb range 121.90 low to 122.90 high) for the rest of the day. …
Indicies sideways ahead of House vote
Not too much action took place in Wednesday’s trading in the equities. It seems as if the markets are in a holding pattern, as eyes and ears await the health care vote in the House on Thursday. The Dow closed lower on Wednesday, but missing was the strong sell off we saw on Tuesday. The S&P 500 was able to …
Currency comment 3/22
Another dull trading session in currencies on Wednesday. The dollar was slightly lower and foreign currencies were slightly higher; bonds higher and equity futures soft. The lack of economic news has left the markets to drift sideways. There was an apparent terrorist attack in central London Wednesday. Four people killed by a lone attacker. The incident occurred near the Parliament …
Daily Gold Report
Gold futures finished the session a hair under 1250.0 an ounce Wednesday settling at 1249.7. Today’s settle puts the yellow metal up $19.70 for the week so far and the rally can be mostly attributed to safe haven buying in my opinion. S&P and Dow futures have suffered their worst weekly losses of 2017 this week, with technicians warning of …
Windy City Jim’s- Daily Trade Recommendations (3.23.17)
Futures Day Trading Signals (Thursday March 23rd, 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 Corn Previous Closing Price : 358 3/4 …
GPAM 2017 YTD 1.68% February -0.27%
GPAM 2017 YTD 1.68% February -0.27% PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. The above presentation is for informational and comparative purposes only. It is intended only for use by those who are knowledgeable about such comparisons. The index or indices selected to generate the above comparison is/are not available as directly investible product(s). Generally, no individual can purchase …
Livestock Report
Live Cattle April Live Cattle resumed its uptrend after a one day pause on Tuesday, March 21, 2017, making a new high (120.075,) after an early breakdown in price failed to take out Monday’s low at 118.45, reaching 118.50. The recovery took price to the high of the day and then Live Cattle consolidated and ended the session just below …
Equities take a hit….biggest slide since October
The euphoria in the equity markets slowed down a bit on Tuesday. Equities markets had their biggest drop slide of the year, and the biggest drop since prior to the election. The S&P 500 had its first 1% decline since October 11th, down 1.2% ,and the Dow futures were down 258 points, a 1.24% drop from Monday. Cloud of concern …