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

Tuesday

9/28/2021

 
Dow rolled over and never looked reasonable all day Tuesday as financials looked skittish all around the globe, with US ultimately off 568 points, 34,175.  Still a fair amount over last weeks lows, but the rainbows and unicorns sure didn't stay around for too long.  Bonds off another point and 12 tics as well, and that is what really concerns me.  Powell came out with a weak statement about how we had way too much unemployment to raise rates.  I guess when you eat with the elites, you don't realize how much help wanted exists at the local diner or Mickey D.   If you are unemployed near the bottom of the food-chain today, its because of low motivation, not low interest rates.  Wheat off 15 3/4 to 706 1/2, and that just doesn't make any sense with a known bull report on the 30th.  Canary in the coal mine?  Beans off 10 1/2 to 1277, corn falls 7 cents, 532 1/2, and rice hits the $14 wall again and fades to 1393, down 6 1/2.

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.