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
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    • CASE 1845 C
    • Cost Of Carry
    • Options
    • A possible momentum trading program
    • data

today's thoughts
General notes to start daily individual updates

Thursday

6/3/2021

 
Thursday trade an attempt to break the bullish psych of the market.  Set new highs early and keep the pressure on all day.  Corn looks great early but takes pressure and winds up off 13 cents, 662.  Beans 40 off the highs and 13 1/4 lower for the day, 1549 1/4.  I didn't realize that until I started writing this.  Bean oil dropped 330 points from the early highs.   Wheat off 11 1/4 to settle 676 1/4.  Rice off 1 1/2 as well, 1329 1/2.  Dow looked lower but recovered  to 34,567, down only 23 points, and bonds slip 14 tics, 157.21.  Weird day, like the computer was willing to break a few eggs to make its next omelet. 

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