Dan Flynn is the writer of The Corn & Ethanol Report, a daily market letter covering grains, energies, and various global issues that are the driving force and backbone of the commodity markets. Contact Mr. Flynn at (312) 264-4374
The Dan Flynn Corn & Ethanol Report
Thursday December 27th 2012
The holiday markets have put a hold on the bullish runs in the grain complex.
With Soybeans leading the pace and weather watchers in South America coupled
with light volume have only dwindled short term prospects of a rally at this time.
In the overnight electronic session the March Corn is currently trading at 692 which
Is 1 ¼ cents lower in the overnight electronic session. The trading range has been
695 ½ to 690 so far. I still remain bullish overall going into this next year.
On the Energy Front the February Crude Oil is currently trading at 9124 which is 26 points
higher in the overnight electronic trading session. The trading range has been 9135 to 9075
so far. Today we have Energy stocks to be released and I am currently leaning to the bull side
of this market.
Call me for daily entry levels.
Have a Great Trading Day!
Questions? Ask Dan Flynn today at 312-264-4374
Futures and options trading involves substantial risk of loss and may not be suitable for everyone. The information presented is from sources believed to be reliable and all information is subject to change without notice.
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