Interpreting market movements in a whole new way
Interpreting market movements in a whole new way
U.S. stocks were mixed early Friday [March 19th 2021], being wholly indecisive in the wake of this week’s Federal Reserve policy actions. Looking back, since technology took on a wild ride after the initial news of the pandemic and participants elected to buy the dip, we’ve had two major pullbacks in the S&P. The initial … Continue reading “Mid-March 2021 Market Analysis”
Read MoreUSDAs WASDE report was out on Friday and given the weakness in price for most commodities which pushed lower and below all our playbook profit targets, we were compelled to look at any that offered some short term trade opportunities. Soybean oil stood out more than Oats which was our second favorite for a move … Continue reading “Is there a long trade in the Agri sector?”
Read MoreGasoline futures customarily never trade in a vacuum always aligning with the price of WTI Crude unless we are during periods of refinery maintenance. This post is related to a trade idea related to gasoline futures and while other distillates such as heating oil have provided better opportunities following the weather conditions, there is a … Continue reading “Gasoline futures could bubble up from here”
Read MoreOverall stocks of Soybean Oil derived from the Soybean crushed seed has fallen y/y while prices have risen quite drastically during the same period. Today’s WASDE report appeared bullish for Soybean oil which appears to have initial and secondary resistance at 83.51 and 84.49 respectively. Per the WASDE report the 2022/23 outlook for U.S. soybeans … Continue reading “Soybean Oil post May WASDE report”
Read MoreCryptos sharply lower with bitcoin hitting its lowest level since 2020 is the big news clogging up social media channels as wary investors get stopped out or margined out. Futures for the S&P losing the 3900 momentarily in the ON session as predicted during the past sessions and it barely took us two sessions of … Continue reading “Premarket summary for the broad market”
Read MoreTomorrow, May 12, 2022 is the May WASDE report and I am sure that at 12 Noon eastern when this report is released, and despite the price fluctuations from today’s CPI report, there will be some volatility in the prices of commodities, Soybeans included. This is not a fundamental analysis report, it merely presents an … Continue reading “Soybeans ahead of May’22 WASDE”
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