Posts by: Daniel Flynn

Talking to business people who have a stake in the Brazilian truck driver strike they seem to believe cooler heads will prevail and the issues will be resolved. However, the Grain market is painting a different in the overnight electronic session.  The March contract 379 ¼ which is 3 ½  cents higher. The trading range [...]

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The truck drivers’ strike in Brazil caught the eye of the Grain markets here in the U.S… Although this complex has had trouble sustaining any rally recently, and traders wait till any rally gets exhausted. In the overnight electronic session the March Corn is currently trading at 376 ¾ which is ¾ of a cent [...]

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The grain complex showed a pulse trading higher in the overnight electronic session. What is cheap can get cheaper but bottom feeders are shopping for value. Although the crop is not even in the ground certain speculators are betting the markets could be oversold and if they are correct on their hunch it could feel [...]

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The March Corn is currently trading at 384 ¼ which is 1 cent lower in the overnight electronic session. The trading range has been 385 ½ to 391 ½ so far. Not a heck of a lot of news South America to rekindle bullish forces. And not enough news here in the U.S. to wake [...]

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Today’s reports are Export Sales at 7:30 A.M., and at 2:00 P.M. Cattle on Feed, Cold Storage and Annual Summary along with Milk Production. In the overnight electronic session the March Corn is currently trading at 387 ¾ which is 2 cents higher. The trading range has been 389 ½ to 387 so far. With [...]

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Weather is another factor in the Energy complex as we have weekly EIA Energy Stocks at 10:00 A.M. and EIA Gas Storage at 9:30 A.M. Last night API data showed a whopping build of 14 million barrels. Other reports today are Initial Jobless Claims at 7:30 A.M. and Dairy Product Sales at 2:00 P.M. As [...]

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Ukraine troops retreat as Russia-backed separatist launch an offensive at a key railway junction that is creating another hotspot in fragile peace talks. So much for diplomacy. Here in the early going this drama has not yet caught the eye of fear factor to Energy traders. Yet… In the overnight electronic session The April Crude [...]

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Don’t confuse brains with a trending market wave that has commodities jumping. What is cheap can get cheaper. Not if you’re paying taxes and the commodity community took notice and realizes prices are way too cheap in this oversold market.  In the overnight electronic session the March Corn is currently trading at 390 ½ which [...]

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Commodity markets tend to overreact at times as speculators price in risk that the consumer may pay in the future. As we trade a cash and carry market and the Crude Oil is doing the same as it tended to overreact to the downside on the Saudi’s flooding with product and the market took notice. [...]

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Ukraine cease-fire deal or another move by Putin to underscore this fragile weak foreign policy that the Obama administration has proven time and time again. Whether it is Global Warming or Climate Change it is all the same and people will realize it is nothing but a fraud. God willing they will wake up before [...]

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This morning we have the weekly EIA Energy Stocks and after yesterday’s somewhat bullish API data the market sill traded weak as the rally lost some of its steam. In the overnight electronic session the March contract is currently trading at 4985 which is 17 points lower. The trading range has been 5114 to 4943 [...]

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Today’s reports as follows: Wholesale Trade at 7:30 A.M., Crop Production and USDA Supply/Demand at 11:00 A.M. and API Energy Stocks at 3:30 P.M. This morning’s title which I do not know the person that was quoted comes from sound Free Enterprise experience. We have too much regulation that leads to raising taxes and puts [...]

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