Financials skittish Tuesday with the Dow dropping 415 points, 38,607. Bitcoin rallied to new highs and broke 9%. Bonds up a point and 8 tics, 120.27. Grains weaker in a Monday/Tuesday type trade with wheat again leading the train down, 551, off 13. Russia sold wheat under $200. Wow! They need currency to run a war and they have a product that the world is willing and allowed to buy at a discount. Corn off 3 3/4 to 426 1/4. beans lose 6 cents, 1149. Really not bad action in corn and beans. Rice down another 23 cents, 1810 1/2 and thru support so we have opened the door to weaker fund long liquidation.
Comments are closed.
|
Archives
May 2024
|
Services |
Company |
|