Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
  • Home
  • Commentary
  • About
    • Bio
  • Contact
  • Links
  • Services
  • FAQ
  • Individual advisory service
  • Archives
  • Education
    • CASE 1845 C
    • Cost Of Carry
    • Options
    • A possible momentum trading program
    • data
  • Home
  • Commentary
  • About
    • Bio
  • Contact
  • Links
  • Services
  • FAQ
  • Individual advisory service
  • Archives
  • Education
    • CASE 1845 C
    • Cost Of Carry
    • Options
    • A possible momentum trading program
    • data

today's thoughts
General notes to start daily individual updates

Corn finds its feet.

1/24/2020

 
Thursday corn gains a nickel to 393 3/4, taking out the 390 resistance on solid volume and reports of new export sales to a few locations.  It helps that we are as cheap as anyone in the world.  Wheat reversal didn't happen, 580 1/2, plus 2 3/4.  Beans leaked another 4 1/4 to 909 1/2 with a big Brazil crop getting bigger and most believing China is done here until harvest.  I'm not so pessimistic.  Rice bull saw no selling and no volume, so took the opportunity to push higher again, 1362 1/2, plus 19.   Bull programs work pretty darned well when there are solid fundamentals.  But no doubt we are waaaaay over our skis right now.   Dow off 13 points, 29,127, and bonds up another 24 tics, 159.18.

Comments are closed.

    Archives

    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020

    RSS Feed

Services

Company

About


Support

Contact
FAQ
Terms of Use
© COPYRIGHT 2015. ALL RIGHTS RESERVED.