Tag : Mike Seery orange juice futures

Mike Seery’s Commodity Comments For 10-8-19
Mike Seery’s Commodity Comments For 10-8-19

S&P 500 Futures—The S&P 500 in the December contract is trading lower by 18 points at 2919 as prices have remained extremely choppy over the last several months as its headline-driven at the current time. The United States and China will be negotiating a trade agreement this week as that certainly will dictate short-term price action as fundamental speaking manufacturing…

Mike Seery’s Daily Commodity Comments For 9-3-19
Mike Seery’s Daily Commodity Comments For 9-3-19

Silver Futures—Silver futures in the December contract is trading higher by 32 cents at 18.66 up by 1.75% hitting a 2 year high continuing its bullish momentum to the upside with the next major level of resistance at the November 7th 2016 high of 19.00 as I think that area could be tested in this week’s trade. I have been…

Mike Seery’s Daily Commodity Comments For 8-23-19
Mike Seery’s Daily Commodity Comments For 8-23-19

Soybean Futures—Soybean futures in the November contract settled last Friday in Chicago at 8.79 a bushel while currently trading at 8.62 down about $0.17 for the trading week as prices are hovering right near a 3 month low. I have been recommending a bearish position from the 8.80 level and if you took that trade continue to place the stop…

Mike Seery’s Daily Commodity Comments For 8-20-19
Mike Seery’s Daily Commodity Comments For 8-20-19

Orange Juice Futures—Orange juice futures in the September contract is trading lower for the 2nd consecutive session down another 40 points at 94.00 hitting a contract low in yesterday’s trade coupled with the fact that prices are now right near a 9 year low and still looks negative in my opinion. I’ve been recommending a bearish trade from the 98.50…