let’s see what we have here
I thought I would share some of the Grain Fundamentals Cash Wheat was posted @ 555 down 6 cents on the day where from 12/7 it was posted @ 539 ¼. March Futures in Chicago, also down 6 cents, settled Friday @ 530 and shows Open interest of 235,707 Cash Corn 12/14 was 374 ¼ up a half cent but off from the 378 priced in on 12/7 March Futures went out @ 384 ¾ up ½. The open interest is posted as 828,024 Now the Beans I find to be quite interesting Cash Beans are posted @ 847 down 11 ½ cents vs. an 875 posting 12/7 Jan Futures settled 900 ½ with open interest of 191,824 volume and open interest has shifted to the March which settled 913 ¾ with more robust open interest of 264,500 I always like to see if futures meet cash or cash catches...
what a ride
Should your trading be like this? Or would you prefer this ride? Relax! ROXI has...
trade talks erase Brexit concerns… go figure
Yesterday it was a delay on the Brexit vote. Today optimism on China trade talks. Want to go for a ride? The NFIB Small Business Optimism Index has a read of 104.8 below the forecasted 107 and off the 107.4 previously posted. Headline Producer Price for November was one tenth higher at 0.1% while it was expected to be unchanged. Ex- food and energy came in at 0.3% or the top of the range yet under the previous 0.5% Redbook this week saw a bit of a decline in Y/Y store sales. This may not be well received in front of the holidays. 6.6% was the change vs. the previous reading of 7.0% Tomorrow we will see what hints the housing market can give us with MBA Mortgage Applications as well as the Consumer Price Index...
whoa! what a week
Check this out! The ROXI Managed Topstep Trader Service hit a new net high today once again since the September launch. ROXI’s k.i.s.s caught the downward trend right out of the gate, never seeing a down tick in profitability. Due to that our traders enjoyed an early start to their weekend having achieved the full daily profit target exceeding $400.00 per contract. To be precise a gain of $483.80 net of commissions. Congratulations to all of you! If you are still new to Fractal Finance see what has been happening and subscribe at the Roxi Managed TST Service https://fractalfinance.com/roxi-2/tell-me-more-about-roxi-2/ Or see how you can further diversify your strategies by looking into Fractal Finance which includes MultiCharts at a significant...
say what?
Here is what we know so far from the releases and news so far today as the week comes to a close. The U.S. unemployment rate remains unchanged at 3.7 while posting 155,000 non-farm payroll jobs. This was the low end of a wide range being 150k to 220k. and well below he revised 237k of last month. Payroll growth seemed a bit favorable with modest wage pressure indicating some growth with no real hint of inflation. That is kind of a mixed report in my opinion. Retailers should be pleased with the strength of current Consumer Sentiment unchanged at 97.5 as we move headlong into this holiday shopping season. Again there are no real signs in this report of any material inflation. Wholesale inventories climbed to 0.8% above the range of 0.4% to 0.7% offering that a...
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