Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
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    • CASE 1845 C
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    • A possible momentum trading program
    • data

today's thoughts

Dull friday.

2/15/2020

 
I think the uncertainty of the Corona virus has everyone wanting the sidelines if its cheap to get there.  Dow in an up and down day Friday but off 37 points to close 29,395. Bonds gained 17 tics to 162.13.  Corn off 1 3/4 to 377 3/4 with the spread tightening a bit.  Rice roll the feature again with over 5000 still to go, but a 2 1/2 cent gain on the day, 1333.  Beans gave back 2 1/2 to 893 3/4 but up a dime on the week.  Wheat churn continues, 542 3/4, off 1 1/2.  If its a quiet, uneventful weekend, I would expect firmer grain markets next week.  That's a mighty big if.

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