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
General notes to start daily individual updates

Short Thursday

7/2/2020

 
Shortened hours Thursday leading us into the holiday weekend.  Export sales have something for a bull if he wanted to look, but selling pressure thru the day pushed corn down 7 to 343 1/2.  Long weekend of weather risk, but also political risk, so I think some took the quick money rally and put a little cash in the pocket.  It is an order flow market.  Beans held much more firm, 890, only giving back 1 1/4.  492 wheat is off 6 3/4. Rice buyer kept the market fairly solid, 1231, off 3 1/2.  July squeeze better happen soon, and OI doesn't have a big number.  Make no mistake, the funny money boys could print a silly number late in the game, but its for display purposes only.  Dow closes 25,759, up 184, but 300 points off the highs.  If its a quiet weekend those highs will get taken out.  Bonds up 5 tics, 178.09.

Comments are closed.

    Archives

    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    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.