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

Tuesday

11/15/2022

 
Tuesday we had a little missile mishap into Poland from Russia.  That promptly put an end to a 400 point stock rally and wheat briefly under $8.  Solid bounces in the grain room as beans gain 16 3/4 to 1457 1/4 and corn up 9 1/2 to 666 3/4.  Wheat 9 3/4 cents higher, 828 1/4.  Rice was a laggard as the fund long is looking at cleaning out still, 1778, off 17 1/2.  Not a lot of rice involved in the Russian wheat corridor.  Dow got north of 34,000 but set back to 33,605, still 44 higher and a bit of a surprise.  Bonds gained 28 tics on flight to quality and I am getting nervous about this bond rally here, 124.17.

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