Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
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  • Home
  • Commentary
  • About
    • Bio
  • Contact
  • Links
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  • 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

12/20/2021

 
Monday started a shortened holiday week with the Dow getting hit for 439 points, 34,813, but that was with a 250 point bounce off the lows.  Dow ran out of selling, and bonds broke instead of rallying, 161.31, off 19 tics.  Wheat kind of did the same thing, rallying 20 cents off the morning lows to 2 3/4 higher on the day, 777 3/4.  Beans up 7 to 1292 1/4 on the back of strong meal again, and hunting the 13-13.10-13.20 Jan expiring calls.  Oats got killed for 40 to the downside, and that had to have some effect keeping corn lower, 591, off 2 1/4.  Rice slipped 7 to 1366 as the seller keeps walking out the door. 

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