Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
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  • 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

Monday flu

1/28/2020

 
China Flu spreads to all markets on Monday, with the Dow off 452 points, 28,481, and bond safety flight up another point and 12 tics to 162.01.  Wheat got hit hard early, but recovered to 572 1/4, off only 1 1/4.  Same story in beans with bounce back to 897 1/4, minus 4 3/4.  Corn down to 380 1/2, losing 6 3/4.  Rice down 11 1/2 to 1347 in a very hard to read trade.  If commitments are in fact showing the funds to be hitting a size limited position,  there is only so much trickery they can do with order flow.  The calendar will take care of the rest.

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