Published by : Mike Seery

Wheat Comments From ADM
Wheat Comments From ADM

WHEAT— Wheat futures closed mixed. Chicago Sep closed higher following higher corn and soybean prices. KC Sep closed unchanged and off session higher. MLS Sep traded slightly higher but also off session highs. Stogner domestic SRW basis offered support to WU. Talk of lower Europe and Russia 2020 crops has helped support Paris and Black Sea wheat futures. This has…

Cotton Prices Lower On Profit Taking
Cotton Prices Lower On Profit Taking

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Gold Breaks 4 Day Winning Streak
Gold Breaks 4 Day Winning Streak

Gold Futures—Gold futures in the August contract settled down $12 an ounce at 1,808 in a highly volatile trading session as silver and platinum were also lower in today’s trade. In my opinion I think today was just profit taking breaking a 4 day winning streak, but I still do believe gold has significant room to run even though I…

Never Add To A Losing Trade !
Never Add To A Losing Trade !

  TRADING THEORY—This rule is extremely important and I witness it being abused constantly creating tremendous loses that are sometimes difficult to come back from. Never add to a losing position because if the position continues to go against you and now you have added even more contracts which are all losing money your account will suffer loses much more…

Keep A Close Eye On Hog Prices
Keep A Close Eye On Hog Prices

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Are Soybean Prices Going Higher ?
Are Soybean Prices Going Higher ?

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How High Is The S&P 500 Going ?
How High Is The S&P 500 Going ?

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