Let’s start with the outside markets. The Dollar specifically. The dollar is exhibiting strength. This strength should continue. This has a profound effect on the ag sector. Especially beans at present. It is no secret I am bearish the soy. The markets are oversupplied. And this will continue. It is my belief the meal too is overvalued and the market …
PER-THANKSGIVING Chart Outlook
Let’s give Thanks, confidence in System? Change, FRB Yellens’ natives getting restless? Yield curve flattens. 2 year i rate closer to tens before yearend, .60-ish Is this this markets players ready to blow or maybe flip, long bonds like in Summer 2016 at highs? My diary had a $40.5bil player flip long at those 2.08% all time lows in rates …
LIMIT UP LUMBER, BONDs meet Mr. Olive
Friday lumber was limit up. Usually we follow through to upside with certain trading floor rules that have not been around for a while. I chirp about these ahead of time. Hey Matt Rio, let’s chat? Why not, it’s good. I’m not talking about this too much because it is live but also due to my clients that must have …
Wheat-Recognition NOVNOV followup!
Wheat- lesson. Here in recap up at the top of this chart is two olive lines. The degree of extreme is a good way to define. Trader methodology. Play these levels and do not look at the winners. Here if you needed to sell wheat you would have heard me say for the past year that some day we would …
Grains, Hogs, Cattle, Soft technical update’s, Stocks
Stars say-Mercury begins its retrograde motion Saturday evening encouraging us to review and rethink our plans. Use this three-week period to assess what’s working and what’s not and adjust our game plan accordingly. Be vigilant and aware that messages may be garbled and breakdowns could occur, so take extra care operating machinery and in all communications. ——————————————————– This was always …