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Harvest Report. Beans Blew Past the Teens!

»Posted by on Feb 20, 2018 in Blog | Comments Off on Harvest Report. Beans Blew Past the Teens!

Harvest Report. Beans Blew Past the Teens!

Looking good! Feeling Good! My favorite line from Trading Places… The Soybean trade is looking incredible. We blew past beans in the teens and are now in the 20’s. I see some more movement to the upside this week, but I am carefully raising stops. I don’t want to give too much back on a reversal.Our other trades are coming around as well. The short on Gold is back in the money and Hogs are still getting slaughtered. I am looking to take some profits in the next week or two. Here are my

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Events that Matter and Why – Economic Releases

»Posted by on Feb 18, 2018 in Blog | Comments Off on Events that Matter and Why – Economic Releases

Events that Matter and Why – Economic Releases

Depending on the product you trade, the impact of each of these releases will vary. Past performance is not indicative of future results. this WEEK’S MAJOR U.S. ECONOMIC reports in Eastern Time MONDAY, FEB. 19Presidents’ Day None scheduled TUESDAY, FEB. 20None scheduled WEDNESDAY,FEB. 219:45 am Markit manufacturing PMI (flash)9:45 am Markit services PMI (flash)10 am Existing home salesTHURSDAY, FEB. 228:30 am Weekly jobless claims10 am Leading economic indicatorsFRIDAY, FEB. 23None

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Weekly Update. Smooth Sailing.

»Posted by on Feb 11, 2018 in Blog | Comments Off on Weekly Update. Smooth Sailing.

Weekly Update. Smooth Sailing.

No changes. Trades are looking good, smooth sailing on the horizon. No changes this week. Our current trades are looking good except for the currencies. We used options on those trades and expiration is coming up in March. We may lose the premium, but we have more than made up for it across the board on other trades. The Hog trade is looking fantastic right now. We got in on 01/08/18 and are currently up $2,960 dollars per contract! Gold and Soybeans are also in profits and I expect more to

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Events that Matter and Why – Economic Releases

»Posted by on Feb 11, 2018 in Blog | Comments Off on Events that Matter and Why – Economic Releases

Events that Matter and Why – Economic Releases

Depending on the product you trade, the impact of each of these releases will vary. Past performance is not indicative of future results. this WEEK’S MAJOR U.S. ECONOMIC reports in Eastern Time MONDAY, FEB. 122 pm Federal budgetTUESDAY, FEB. 136 am NFIB small-business index11 am HouseholdWEDNESDAY,FEB. 148:30 am Consumer price index8:30 am Core CPI8:30 am Retail sales8:30 am Retail sales ex-autos10 am Business inventoriesTHURSDAY, FEB. 158:30 am Weekly jobless claims8:30 am Empire state

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Drop the Stop.

»Posted by on Feb 8, 2018 in Blog | Comments Off on Drop the Stop.

Drop the Stop.

Hogs headed lower, stop going too. Yesterday I mentioned that I was putting in a stop recommendation for our Lean Hogs trade. I am lowering the stop from 72 to 71. Hogs are trading at around 69.200 right now. I recommended shorting Hogs on 01/08/18 at the open price of 76.250. If we get stopped out at 71.000, we will have a $2,100 profit per contract. I still see lower prices ahead. More news to come after I run the algos this weekend.These are generally short term trades (1-6 weeks) using the

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Popped Corn.

»Posted by on Feb 7, 2018 in Blog | Comments Off on Popped Corn.

Popped Corn.

We took corn off the table Monday for a tasty snack. While the algos point to a higher close this Friday, I decided to take profits on Monday. The Corn trade was good for a quick six point pop. This was a $300 profit. We have managed to avoid the carnage in the indices and are looking to take profits on the short Lean Hogs trade. Lean Hogs are getting slammed again today, so I recommend locking in some profits by placing a stop at the 72 level. We got in at 76.250, so this gives us a nice profit

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