July Soybeans Revisited
This past Wednesday, one of my Charts of the Day discussed possible reownership strategies using the July Soybean futures contract. At the time, I didn't see anything I liked. As [...]
This past Wednesday, one of my Charts of the Day discussed possible reownership strategies using the July Soybean futures contract. At the time, I didn't see anything I liked. As [...]
With the US president seemingly poised to push the nuclear button this weekend (see Friday's Morning Commentary), it is a good time to take a look at the weekly chart [...]
9:30 I took another look at December live cattle, this time using the short-term daily chart (slide 1) rather than the daily close only (slide 3). Also, I tightened the [...]
As mentioned in Wednesday's Afternoon Commentary and again in today's Morning Commentary, yesterday's close saw the December HRW contract complete a bullish spike reversal on its daily chart. What does [...]
A friend in the brokerage industry asked if I was looking at a re-ownership strategy in July soybeans. Without him saying, I knew why the question had come up. There [...]
Today's Chart of the Day is a follow-up to what I said in Afternoon Commentary. Despite all the attempts at manipulation and manufactured selloffs by the US president, the diesel [...]
As I mentioned in the latest Weekly Analysis, the Dec26 minor (short-term) trend was in position to turn up after last Friday's selloff overshot secondary (intermediate-term) technical support. If a [...]
A follow-up look at the Dec Live Cattle Daily Close Only chart from this past Wednesday. As we near the Keno Game for grains, with a bullish surprise possible for [...]
As we await USDA's next Keno Game, aka October WASDE, let's take a look at the intermediate-term weekly and short-term daily charts for Dec26 Corn and Nov26 soybeans. Dec26 Corn [...]
There is a lot going on with December live cattle these days, so let's take a look at a few interest aspects from a technical point of view. Dec closed [...]
Shortly after I posted Tuesday's Morning Commentary (Dumb Decisions and Dyed Diesel) a friend from central Nebraska sent this message, "I think I should top off my tank. That (the [...]
As discussed in this past weekend's Weekly Analysis, December Corn is a mix of trends. Major (long-term) is down following the bearish spike reversal at the end of September Secondary [...]
I want to put the spotlight on a market that usually lurks in the shadows: Cotton. As mentioned in Monday's Afternoon Commentary, the December contract gained as much as 2.12 [...]
I want to put a spotlight on the Mexican peso (^MXNUSD) after the currency posted a sharp selloff during September. Much of this was due to the firming US dollar, [...]
I didn't have room for the US 30-year T-bond monthly chart in the Financials segment of Monthly Analysis, but I wanted to highlight the move in long-term yield during September. [...]
Similar to what I talked about in this space Tuesday with November Soybeans, the continuous monthly chart for December corn could show a bearish turn by the end of Wednesday's [...]
It could be no other way. As mentioned in Tuesday's Morning Commentary, the Nov26 soybean contract was sitting at $12.88 early Tuesday morning, with a look at the November-only continuous [...]
It's growing later in the afternoon on Wednesday, September 23, meaning there is only 1 week remaining until the end of another month. And is so often the case, the [...]
Those of you following along with Weekly Analysis might recall the Theoretical Positions could change Monday on the idea short (naked) October corn 525 call options would be covered. The [...]
My friend in the cattle industry just sent me a message, "I guess the US president is going to speak this afternoon. Rumor has it he banning US beef exports. [...]
As mentioned in Tuesday's Afternoon Commentary, and again Wednesday morning, it would not be surprising to see both live and feeder cattle markets come under pressure at midweek. On their [...]
The spot-month October diesel fuel (distillates, heating oil) contract hit a new all-time high of $5.2842 Tuesday morning, taking out the previous record of $5.2217 from April 2022. A few [...]
As mentioned in Tuesday's Morning Commentary, it promises to be a fun day in winter wheat, from a technical point of view. Let's start with December SRW: As of this [...]
Ben sent me a message that read, "Did you see the 10-year (yield)? It just hit 5%." This is something financial analysts have been watching closely given the continued rise [...]
Why am I posting a Chart of the Day looking at Dec26 corn's daily chart on a day when the only thing that matters is how USDA's manufactured numbers relate [...]