We kickoff the shortest day of the year with Export Sales, 3rd Quarter GDP and Initial Jobless Claims at 7:30 A.M. followed by EIA Gas Storage at 9:30 A.M. The Tax Reform Bill is going to show we are moving in the right direction with job growth and Unemployment shrinking which historically shows our economy […]Continue Reading →
General Comments: Cotton was higher and held the recent trading range. Chart patterns are bullish overall and a new leg higher could get started at any time. Moves higher today could lead to such a breakout. Mills are caught unpriced on a lot of purchases and the market knows this. Mills will have […]
DJ U.S. Export Sales: Weekly Sales Totals-Dec 21
For the week ended Dec 14, in thousand metric tons, except cotton in
thousand running bales. Net changes in commitments are gross sales,
less cancellations, buy-backs and other downward adjustments. Total
commitments are total export shipments plus total sales.
The marketing year […]
T’was the Energy Report before Christmas, And Trump’s tax cut passed through the house, not one Democrat voted yes, they just sat there and groused. The hedge-funds stuffed political stockings with care, in hopes that the carried interest loophole still would be there. The Democrats wanted to tear the bill into shreds, it’s just a […]Continue Reading →
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