Salad Days
Afternoon Summary: In the dictionary I’ve had on my desk since March 1983, salad days is defined as: A time of youth, innocence, and inexperience. That’s nice, right? But certainly [...]
Afternoon Summary: In the dictionary I’ve had on my desk since March 1983, salad days is defined as: A time of youth, innocence, and inexperience. That’s nice, right? But certainly [...]
Afternoon Summary: Friday’s commodity complex session had a little something for everyone. If one is bearish, then the Energies sector was for you today. Of course there was the obligatory [...]
Afternoon Summary: Let me share some numbers with you, then you can tell me what the next news headline will be. Are you ready? Let’s go: The S&P 500 is [...]
Afternoon Summary: This being a Wednesday, it was the first day of the new noncommercial positioning week, and what a way to start. A look at the Barchart Futures Market [...]
Afternoon Summary: As I settled in to write today’s Afternoon Commentary, I was in a bit of a quandary[i]. Having checked on the various markets over the course of the [...]
Afternoon Summary: After I posted Monday’s Morning Commentary, a friend from southwest Kansas called and asked what today’s weather forecast was. It was at that moment I realized I had [...]
Afternoon Summary: As Kermit the Frog told us long, long ago, “It ain’t easy being green”. However, given recent developments, maybe it is. If we dig past all the headlines [...]
Afternoon Summary: After Thursday’s close, I visited with my good friend Tony St. James on the Rural Radio Commodity Wrap program. He asked me how I would describe Thursday’s activity, [...]
Afternoon Summary: For today’s title, I almost went with “Grains: The New Softs”. A look at the quote screen Wednesday afternoon and the Grains sector does indeed look like what [...]
Afternoon Summary: While the US president didn’t announce another non-existent peace “deal” with his War on Iran, he did reportedly “abandon” his dictate for a 20% protection feed on traffic [...]
Afternoon Summary: As of this writing the spot-month WTI crude oil contract had rallied as much as $6.40 (9.0%) while Brent crude jumped as much as $6.80 (also 9.0%). Distillates [...]
*I’m away from the studio so there won’t be an audio version of Friday’s Afternoon Commentary. Afternoon Summary: As I mentioned in today’s Morning Commentary, there was a good chance [...]
Afternoon Summary: A number of markets made interesting moves during Thursday’s session, but none shone brighter than coffee. The September issue gained as much as 38.75 cents per pound, or [...]
Afternoon Summary: Around midday, my friend Kyle called and asked, “Are you sitting down?” After confirming I was seated, Kyle quoted me the last cash feeder cattle market: $430-plus, an [...]
Afternoon Summary: Do you recall what I said in today’s Morning Commentary? Let me refresh your memory: “… as soon as the final whistle has blown on the tournament (Sunday, [...]
Afternoon Summary: The commodity complex could quote the sonnet “High Flight” Monday, “Oh! I have slipped the surly bonds of earth and danced the skies on laughter-silvered wings”. Around midday, [...]
Afternoon Summary: As I sit down to write Thursday’s Afternoon Commentary, closing bells have been ringing across the various market sectors marking the start of another US 3-day holiday weekend. [...]
Afternoon Summary: I can’t say my attention was glued to the commodity complex Wednesday, after all there was the Monthly Investment Newsletter to put together. But when I did check [...]
Afternoon Summary: Why did the Grains sector rally to close out the month? I looked over USDA’s numbers again, and the only one I found remotely bullish was the all-wheat [...]
Afternoon Summary: I was having a conversation this past weekend, and the other gentleman asked me what I thought of energy prices. I summarized what I said in last Friday’s [...]
Afternoon Summary: As you might’ve noticed, I used a picture of a sandy beach for Friday’s Afternoon Commentary illustration. It occurred to me, like most everything else, sand is a [...]
Afternoon Summary: I was going to title today’s Afternoon Commentary “A Wild Weather Ride” but given the oldies radio station always playing in my mind I went with REO Speedwagon’s [...]
Afternoon Summary: Instead of titling today’s Afternoon Commentary “The Hump Day Blues”, maybe I should’ve gone with “The Hump Day Anything but Greens”. A look at the Barchart Futures Market [...]
Afternoon Summary: To summarize Tuesday’s session, I would say activity in the commodity complex was generally meaningless. Yes, it was the last day of the noncommercial positioning week and given [...]
Afternoon Summary: I would say I can only imagine the stress floor traders are under these days as they wait for the close – the only price that matters (according [...]