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

Monday

10/26/2020

 
Weak Dow was the feature Monday as pressure all day kept any buyers patient.   608 points down at the end of the day and not really any big stories, but a good trap for the computers that got convinced we would trade a range every day.  27,581.  Bonds gained a full point to 173.19.  Not a flight to quality trade by any means , but at least something constructive in a bond market I have grave concerns about.  Wheat was the softest grain, 620, off 12 3/4.  Rice slipped 5 1/2 to 1229 as the Nov roll winds down.   Stories out about the southern parts of china having significant production issues, but the northern regions producing enough to make up the difference.  Problem is they grow medium and short up north and long down south.  Rice people will understand that is a big issue on the demand side of long, and might help explain the unseen hand under the LG market.  Corn off 1 1/2 to 417 3/4 and beans gain 4 to 1087 3/4.

Comments are closed.

    Archives

    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.