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

Friday rally

3/13/2020

 
Fire lit in the Dow with government money to the rescue, 22,988, plus 1903 points.  Dow had a 2600 point rally from the lows, or basically a good year in a single day.  Bonds in an 8 point range with a 176.21 settle, off 2 points and 11 tics.  Bonds don't see all the easy money the Dow did I guess.  Corn unchanged as it couldn't hold early gains, 365 3/4.  Beans fell 10 3/4 to 848 3/4.  Wheat stalled at 506, up 1/2 cent.  I just cant see the long term bearishness of the grains in one breath and empty shelves in the next.  Rice up 16 1/2 more, 1332, as nervous shorts continue to cover.   The next government report will be planting intention at the end of the month, and either this corona virus from Wuhan, China(there, I said it out loud) is a dud, or people start to grasp that the illness's primary target, old people, is what most of the agriculture sector is made of.  Kind of hard to make record yields with dead people.  For what its worth, I don't think you are at much risk.  There is a new joke about the virus I would tell you, but you probably wont get it. 

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.