Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
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  • Home
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  • About
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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

Tuesday

3/30/2021

 
Tuesday trade softer than I expected as we roll into the reports tomorrow and longs are looking for the door.  We have been expecting a setback, but now over half of the expected risk has already taken place.  Wonder if the reports are sell the rumor and buy the fact, or is there a bigger range than I expect?  Computers sure are good at moving the herd either way.  Corn off 7 1/2 to 539 1/4.  Wheat an added drag and off 15 cents, 601 3/4.  Oil drops limit again and drags beans 26 1/4 lower, 1366 3/4.   Meal held unchanged.   Rice spread roll started and futures slip 4 1/2 to 1322.  Dow looks higher and churns lower, 32,925 close, minus 107.  Bonds look lower and churn higher, 155.01, plus 8 tics.

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