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: June Bonds are currently 4 higher at 146’00, 10 Yr. Notes 1 higher at 120’30.0 and 5 Yr. Notes 0.5 higher 114’10.5. Nervousness over the possibility of a trade war due to possible sanctions against Russia and Iran and targeted tariffs on steel, aluminum, etc. have caused a flight to safety in treasuries as equities sell off.We are currently short treasuries, having gone short when the Bonds traded above the 145’08 level. I recommend using a buy stop in the Bonds at 146’26. If the Bonds trade below 145’18, lower your stop tp 146’13.
Grains: May Corn is currently 1’4 higher at 375’0, Beans 2’0 lower at 1016’0 and Wheat 1’4 higher at 447’0. We are currently on the sidelines awaiting this mornings Grain Stocks and Planting Intention Reports. I will be a buyer in Beans on a 30 cent beak and/or a seller on a rally above 1050’0.
Cattle: Live and Feeder Cattle continued their sell off over the last week. Last Friday’s Cattle on Feed Report showed an increase on feed of 9%, placements up 7% and marketing up 2%. These figures were within the range of estimates, albeit at the upper ranges putting emphasis on the increase in placements. My short-term objectives on the down side have been met and I am now willing to “nibble” at the long side on breaks.
Silver: May Silver is currently unchanged at 16.25, about 30 cents lower for the week. I remain long.
S&P’s: June S&P’s are 8.50 higher at 2619.00. I will be closely watching the 200 day moving average, currently at 2598.00, for direction. I will be a buyer at this level with a 15.00 risk. Take profits from put and/or put spreads.
Currencies: I am currently on the sidelines.

Regards,
Marc
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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. ©2018

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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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A Subsidiary of Price Holdings, Inc. – a Diversified Financial Services Firm. Member NIBA, NFA
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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Questions? Ask Marc Nemenoff today at 312-264-4310