Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
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  • 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

3/18/2021

 
Thursday opened with solid exports to me, but market thought otherwise as the computer churn machine  went looking for sell stops.   Corn off 11 1/2 to 546 1/2 with 18K in position pukes.  Rice gives back the Wednesday rally, 1303, minus 18 1/2.  Wheat continues the leak as the softest global grain, 630 1/2, off 9 1/2, but don't forget it can become feed.  Meal and oil soft at the same time, so beans get pushed down 25 1/2 to 1392 1/4.  Dow sets new highs but backs off 350 points, and 139 lower on the day close, 32,765. Bonds set a new low and bounce near a point to 154 even, off a point and 5 tics.

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