Marc Nemenoff
About The Author

Marc Nemenoff

Marc Nemenoff gives his readers an insight into the decision making process of a professional trader and analyst with 35+ years of market experience. He covers the markets with which he has had the best success throughout his career with. Contact Mr. Nemenoff at (312) 264-4310

Financials: Dec. Bonds are currently 3 higher at 152’27, 10 Yr. Notes 0’01.5 higher at 124’30.5 and 5 Yr. Notes 0’01.2 higher at 117’05.2. It now appears that J. Powell will be chosen as next Fed. Chair. He is expected to follow the current Fed path of cautious tightening. Yesterday the FOMC kept rates unchanged and it is expected that there will be a rate hike in Dec. of 25 basis points .Unemployment report tomorrow. I am still a seller in Bonds above 154’00 and 10 Yr. Notes above 128’00. The yield curve between the 30 Yr. and 10 Y. has narrowed to 48 basis points.
Grains: Dec. Corn is currently 1’4 higher at 348’6, Jan. Beans 3’2 higher at 994’4 and Dec. Wheat 4’0 higher at 422’0. I remain on the sidelines.
Cattle: Live and Feeder Cattle have rallied sharply in the last week amid tight red meat supplies. I remain short Feb. LC from the 124.00 area and expect an increase in marketing over the next month.
Silver: Dec. Silver is 5 cents lower at 17,12. I remain long.
S&P’s: Dec. S&P’s are 4.00 lower at 2570.75. We remain short futures and short the Dec. 2400 put.
Currencies: Dec. Euro is currently 38 higher at 1.1683, the Yen 5 higher at 0.8776, the Pound 122 lower at 1.3144 and the Dollar Index 13 lower at 94.58. I am a seller at current levels in the Dollar Index at current levels with a 150 point risk.

Regards,
Marc
Questions? Ask Marc Nemenoff today at 312-264-4310

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A Subsidiary of Price Holdings, Inc. – an Employee Owned Diversified Financial Services Firm. Member NIBA, NFA

Past results are not necessarily indicative of future results. Investing in futures can involve substantial risk of loss & is not suitable for everyone. Trading foreign exchange also involves a high degree of risk. The leverage created by trading on margin can work against you as well as for you, and losses can exceed your entire investment. Before opening an account and trading, you should seek advice from your advisors as appropriate to ensure that you understand the risks and can withstand the losses.

The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or futures. The Price Futures Group, its officers, directors, employees, and brokers may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction. Reproduction and/or distribution of any portion of this report are strictly prohibited without the written permission of the author. Trading in futures contracts, options on futures contracts, and forward contracts is not suitable for all investors and involves substantial risks. ©2017

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Past results are not necessarily indicative of future results. Investing in futures can involve substantial risk of loss & is not suitable for everyone.
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Please note: The Price Futures Group has not passed off on the merits or claims made in this report. The accuracy or completeness of any information presented is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or futures.

A Subsidiary of Price Holdings, Inc. – a Diversified Financial Services Firm. Member NIBA, NFA
Past results are not necessarily indicative of future results. Investing in futures can involve substantial risk of loss & is not suitable for everyone. Trading foreign exchange also involves a high degree of risk. The leverage created by trading on margin can work against you as well as for you, and losses can exceed your entire investment. Before opening an account and trading, you should seek advice from your advisors as appropriate to ensure that you understand the risks and can withstand the losses.
The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or futures. The Price Futures Group, its officers, directors, employees, and brokers may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction. Reproduction and/or distribution of any portion of this report are strictly prohibited without the written permission of the author. Trading in futures contracts, options on futures contracts, and forward contracts is not suitable for all investors and involves substantial risks.

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