Our Blog

Possible Quadruple Bottom In Corn
Possible Quadruple Bottom In Corn

Corn Futures—Corn futures in the December contract finished unchanged at 3.89 a bushel which is considered the new crop and is currently being planted in the Midwestern part of the United States as I will now focus on this contract for the rest of the growing season. The WASDE crop report was released today stating that carry over levels increased…

S&P 500 Breaks 4 Day Winning Streak
S&P 500 Breaks 4 Day Winning Streak

S&P 500 Futures—The S&P 500 in the June contract is breaking a 4 day winning streak down 12 points at 2886 as traders are awaiting earnings season which will kick off this Friday as that will certainly send volatility back into this market. The 10-year note is currently yielding 2.50% as that is a bullish fundamental factor towards all equity…

Keep A Close Eye On Silver
Keep A Close Eye On Silver

Silver Futures—Silver futures in the July contract is trading slightly higher for the 3rd consecutive session bouncing off of major support around the 15.00 level last week as I think a possible short-term bottom is at hand. At the present time I do not have any recommendations in the precious metals, but I do think prices will move higher despite…

Cattle Prices Higher 2nd Day In A Row
Cattle Prices Higher 2nd Day In A Row

Live Cattle Futures—Live cattle futures in the June contract is trading higher for the 2nd consecutive trading session up another 20 points at 120.77 in a lack luster trade. If you are long a futures contract I would continue to place the stop loss under the 2 week low which now has been raised to 118.70 as an exit strategy…

Coffee Chart Looks Interesting
Coffee Chart Looks Interesting

Coffee Futures–-Coffee futures in the May contract is trading higher by 105 points at 94.00 a pound as prices still look to be forming a bottoming out pattern in my opinion. Coffee inventories remain at 2.493 million bags as we are still right near a 4 3/4 year high as inventory levels have been the main culprit for these depressed…

Will Wheat Prices Test Contract Lows ?
Will Wheat Prices Test Contract Lows ?

Wheat Futures—Wheat futures in the May contract settled down 2 cents at 4.65 a bushel as traders are waiting for tomorrow’s crop report which will send some fresh news back into this market. If you are bullish and are long a futures position I would place the stop loss at 5.52 as an exit strategy. If you are bearish and…

Cotton Prices Higher 3rd Day In A Row
Cotton Prices Higher 3rd Day In A Row

Cotton Futures—Cotton futures are trading higher for the 3rd consecutive session up another 52 points at 79.11 as prices are right near a 4 month high continuing its bullish momentum. I have been recommending a bullish position from around the 76.70 level and if you took that trade continue to place the stop loss on a closing basis only at…

Soybeans Await Crop Report
Soybeans Await Crop Report

Soybean Futures—Soybean futures in the May contract is currently trading higher by 1 penny at 9.00 a bushel as traders are awaiting tomorrow’s crop report which should send some short-term price direction back into this market. I’ve talked about the grain market & soybeans for quite some time as I still have the same opinion I think prices go nowhere…

S&P 500 Awaits Earnings Season
S&P 500 Awaits Earnings Season

S&P 500 Futures—The S&P 500 in the June contract is trading lower by 4 points at 2892 breaking a 3 day winning streak in a relatively quiet trading session this Monday afternoon in Chicago. Earnings season will start next week as that certainly could send volatility back into this market as we continually early grind higher on a weekly basis…

Cotton Prices Continue Bullish Trend
Cotton Prices Continue Bullish Trend

Cotton Futures—Cotton futures in the July contract settled last Friday in New York at 78.31 while currently trading at 78.59 up slightly still hovering right near a 4 month high. I have been recommending a bullish position from around the 76.70 level and if you took that trade place the stop loss under the 2 week low which now stands…