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
  • 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

Thursday

12/30/2021

 
Thursday trade started dull but leaked with abandon thru the day.   Beans off a nickel or so turned into beans down 28 3/4 on the close, 1327 3/4.  Products were weaker, but not that bad.  Corn off 9 1/2 to 596.  Wheat tried to bounce but faded to 779 3/4, off 8.  Rice bull came again, or should I say rice bear who is puking in my opinion, 1457 1/2, only 2 1/2 higher for his trouble and good volume.  Dow off 90 after peaking at new highs and fades 100 points late in the day, 36,291.  Not a way to build confidence in the financial room at the end of the year.   Bonds gain 16 tics, 159.28.

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