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

Phase 1 complete, sort of

1/15/2020

 
China version 1.0 dropped today, with little details and a fair amount of confusion.  Market reacted with mostly a sell the fact attitude.   Corn off a penny and a half, 387 1/2.  Beans took a 13 1/2 cent hit, 928 3/4.  Wheat stayed firm, 573 1/4, plus 4 3/4.  Global prices showing no signs of weakness.  Rice took todays AB pricing in stride, along with a very large 423 vs cash trade, 1336, up 1/2.   Fair amount of hope that china will lift wheat and rice, in spite of their recent run ups.  Not like they don't have the money to spend.  Dow up another 95 in a broken record up move, 29,029.  Bonds gained 19 tics as well, 158.16.  Bonds are near the point of telling me they don't trust this dow rally for much more.

Comments are closed.

    Archives

    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.