Monthly Archives: October 2009

Turn Around Tuesday

Holding true to a very long-term pattern, today was Tuesday and after a large up move yesterday, we saw a slight turn around…Checking historical charts,

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Dollar Bounce creates Oil Correction

Today we have seen the dollar continue to show strength over night and through today’s session… In direct response to that, we have seen Gold

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Crude Rallies 13 Bucks in 17 Days

We have seen top option Crude Futures rally 13 dollars in the last 17 days… From the 66 dollars a barrel level up to 80

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Bullish Pennant In November Beans

Looking at the daily charts this morning I noticed a potentially interesting formation…November beans posted their harvest lows, apparently, 11 trading days ago when we

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Crude Oil Leads through 80 bucks a barrell

Time for Maxine Waters to trot out hearings with the heads of all the US Oil companies and start making recommendations to follow Chavez and

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Big Rally in Grains overnight

We had a screaming rally overnight led by the Soybeans…November contract was strong, rallying and settling ten cents higher, corn and wheat followed with corn

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Range Trade on A Friday in the Grains

It looked like for a moment this morning we were going to bounce off the 977 level and take a run at last night’s highs

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Friday Fun in Grains and Stock Indexes

Overnight we again saw how thin volume can lead to extreme volatility in the grain future market… Traders were able to run the SX up

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Volatility Thursday

November beans settled 11 cents lower today at 983, Dec Corn ten cents lower at 373 and Dec Wheat 8 cents lower at 505… My

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Crude Oil Hanging Tough Above 75 Bucks

Today has seen some volatile trade in the Crude, as well as in the Dollar Index. Over night, we saw the grains make a run

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