Currently viewing the category: "Market Commentaries"

Responsible. The Energy Report 11/13/2023

On November 13, 2023 - 8:36 AM By

Oil is getting a bid back perhaps because they realize that the recent sell-off was way overdone based on global supply and demand or perhaps […]

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Grains Report 11/10/2023

On November 10, 2023 - 10:04 AM By

MORNING GRAINS COMMENTS
Jack Scoville Friday, November 10, 2023 Price Futures Group, CBOT
Chicago, IL
(312) 264-4322
jscoville@pricegroup.com JSL, SA de […]

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We kickoff the day with Fed Logan Speech at 6:30 A.M., Fed Bostic Speech at 8:00 A.M., Michigan Consumer Sentiment Prel, Michigan 5-Year Inflation Expectations […]

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Softs Report 11/10/2023

On November 10, 2023 - 9:33 AM By

COTTON
General Comments: Cotton closed higher yesterday despite bearish USDA reports. The weekly export sales report was strong and helped support prices. The monthly […]

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Petricca’s Pick 11/10/2023

On November 10, 2023 - 8:41 AM By

RBOB (GASOLINE FUTURES) UPDATE     My August 31st post was specific recommending Long-Term SHORT RBOB (gasoline futures) positions as market value was within my […]

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Buyers Begone. The Energy Report 11/10/2023

On November 10, 2023 - 8:36 AM By

The petroleum buyers are gone, unless you are talking oil call options, as supply and demand take a back seat to rising macroeconomic fears. Maybe […]

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We kickoff the day with Export Sales, Initial Jobless Claims, Continuing Jobless Claims, Jobless Claims 4-Week Average at 7:30 A.M., Fed Bostic Speech and NY […]

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Petricca’s Pick 11/09/2023

On November 9, 2023 - 9:01 AM By

COFFEE UPDATE   My September 6th Pick was to start coffee accumulation as coffee futures were within my lower 25% parameter.     Clients and […]

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It’s a Ploy! The Energy Report 11/09/2023

On November 9, 2023 - 8:57 AM By

While the technical damage to the petroleum complex markets is undeniable, the question becomes how much of this reflects a major collapse in global demand […]

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We kickoff the day with Fed Cook Speech at 4:15 A.M., MBA 30-Year Mortgage Rate, MBA Mortgage Applications, MBA Mortgage Market Index, MBA Mortgage Refinance […]

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Petricca’s Pick 11/08/2023

On November 8, 2023 - 8:49 AM By

PETRICCA’S PICK.   11/08/2023   SELL SHORT U.S. DOLAR INDEX   The U.S. Dollar index futures contract is in fact within my UPPER 25% parameter where […]

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China Wall. The Energy Report 11/08/2023

On November 8, 2023 - 8:35 AM By

Oil and products continue to get hit on the perception that the Chinese economy has hit a brick wall, raising the risk of a global […]

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