As the economy is rolling along after 1 year of action taken cutting Federal regulations and Tax cuts booming employment the politicians still don’t get it. These deceivers who were voted in to defend the Stars & Stripes are putting non-U.S. citizens above U.S. citizens and the most appalling part our military. It is plain […]Continue Reading →
We start off this Thursday with Housing Starts & Permits and Export Sales at 7:30 A.M. EIA Gas Storage at 9:30 A.M., EIA Energy Stocks at 10:00 A.M. and Dairy Product Sales at 2:00 P.M. The story in today’s market is jobs are flourishing and companies that moved out of the U.S. to avoid the […]Continue Reading →
We jumpstart the day with Capacity Utilization and Industrial Production at 8:15 A.M. and API Energy Stocks at 3:30 P.M. delayed a day due to Monday’s holiday. I am expecting a draw in Crude Stocks of 2 million barrels. On the Corn front the market continues to move nowhere fast. In the overnight electronic session […]Continue Reading →
The Grain report is behind us and the harvest in South America will be in the forefront shortly just as pitchers and catchers will be reporting for duty and we will be talking planting intentions here in the Good Ol’ USA. Has the market priced in bearish news? Does are carryover ever replenish the global […]Continue Reading →
We kickoff this Friday and long weekend with the Martin Luther King holiday with Business Inventories, Consumer Price Index (CPI) and Retail Sales at 7:30 A.M. In the big picture investors are chomping at the bit to see if there is light at the end of the tunnel with Crop Production, Grain Stocks, USDA Supply/Demand […]Continue Reading →
We kickoff the day with Export Sales, Jobless Claims and Producer Price Index (PPI) at 7:30 A.M., followed by EIA Gas Storage at 9:30 A.M. I anticipate a good Jobs number later this morning and we should have a record Natural Gas draw. The weekly Thomson Reuters poll of 25 participants forecast draws anywhere from […]Continue Reading →
The American Petroleum Institute (API) showed Crude Oil draws of 11.19 million barrels and Cushing, Oklahoma down 2.516 million. Although the products had builds with Gasoline up 4.338 million barrels and Distillates up 4.685 million barrels has the market rolling this morning. Even with builds in products investors sense shortages in the future which should […]Continue Reading →
Slow day in the Grain complex as we do not expect any new happenings before Friday’s Crop Production, Grain Stocks, USDA Supply/Demand and Winter Wheat Seedings. A Thomson Reuters poll of analyst Corn end-stocks predict the USDA number will come in averaging 2.431 billion bushels with high estimate of 2.550 bb and the low 2.263 […]Continue Reading →
The second week of January and football playoffs upon us we still are thinking ahead to America’s Pastime and warmer weather. And already we are talking about reducing Acreage as we follow weather in South America and what crop we can expect out of Argentina and Brazil and we will be trading headlines here in […]Continue Reading →
This morning we kickoff the day with monthly Unemployment, Export Sales and U.S. Trade Balance at 7:30 A.M. followed by Factory Orders and ISM Non-Manufacturing Index at 9:00 A.M. The Bomb Cyclone punishing the East Coast and the Arctic temperatures over the most of the lower 48 has brought gloom and cabin fever. The weather […]Continue Reading →
The east coast girls are bundled and the west coast girls are bundled, Sorry I meant bundled up and fumbled the Beach Boys hit but weather like this you think of Summer Breeze and A Summer Wind. The east coast is taking it on the chin again as after Old Man Winter punched them in […]Continue Reading →
Today’s reports are Construction Spending and ISM Manufacturing Index at 9:00 A.M. followed by API Energy Stocks at 3:30 P.M. All eyes remain on how long this Arctic blast will last. The bitter pill we are all swallowing is threatening Winter Wheat with no snow coverage to keep the bitter cold from the ground. Live […]Continue Reading →
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