Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
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  • Home
  • Commentary
  • About
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  • Contact
  • Links
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  • Individual advisory service
  • Archives
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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

Wednesday

2/16/2022

 
Meal was the story Wednesday, and that 10 buck bounce gave beans a push 36 1/4 higher, 1587 1/2.  I think we caught some weak shorts who just paid up to leave the room.  Corn followed for 9 cents, 647.  Wheat could only muster 780 1/2, a 3/4 cent gain.  Rice up 7 as the market seems to have an upward bias when the seller isn't pushing. 1488.  Surprised he hasn't tried the long side, but the calendar says to wait a few weeks for that game.   One thing I have learned over time watching this show is never believe that these programs follow a strict calendar.    Dow has a 500 point mostly lower churn day, 34,851, off 53 points, and bonds find a 3 tics up-move, 150.27.

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