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

2/5/2021

 
Real grain story of Friday is that bulls need fed, and spread rolls with no big news generally generate at least some net selling, with the hit to total open interest as the marker.  Corn loses 1 1/2, flat price and spread, 548 1/2 with a small drop in OI.  Beans off 5 3/4 to 1366 3/4 with spread loss, OI loss, and meal off a couple bucks.  1300 rice is off 2 1/2 with a small spread roll loss and OI drop.  Rice was off 20 early as the bear tried to push but couldn't find any company, allowing for the bounce back up to only off 2 1/2.  Wheat had the same spread roll story, but up 3 3/4 to 641 1/4, regaining part of Thursdays losses.  Dull  and low range Friday Dow with a close 92 points to the good, 31,042.  Seems like every Friday they want to dress up the Dow as best as they can.  Bonds see new contract lows, again, as the big money continually, but quietly, leaves the party, 166.23, off 24.  We are off a solid 15 full points since this move started to become obvious.  Most have not noticed. 

Comments are closed.

    Archives

    March 2023
    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.