Monday

Crazy trade Monday with a weekend spike in crude trading as high as $120, dragging everything with it, but no follow thru was a letdown in the grains.  Early spike died on the vine and in soy, after a 1233 high we drifted off to 1196 1/4, minus 4 1/2.  Sometimes stop close only is a better way to limit losses.  A single comment about the war being over soon from Trump was a deflater.  Wheat down 13 1/2 to 603 1/4 and corn off 6 3/4 as well, 453 3/4.  Rice short still looking for the door, 1133, plus 11 cents.  Dow traded down to 46,333 but a strong rally brought us all the way back and more, 47,769, plus 252 points, while bonds look lower but fully recover as well, 116.08.