Currently viewing the tag: "Daniel Flynn"

Happy 4th of July weekend. We celebrate Independence when a Great Nation was formed. Where no adversary has no weapon more formidable than the ingenuity of Free minds of Men & Women. I love this country. Another crisis over Brexit with Deutsche Bank failing the FED’s stress test for the second consecutive year. Fears that […]

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On the last day of the month there are plenty of reports scheduled today. Starting with the weekly Export Sales, Initial Jobless Claims at 7:30 A.M. followed with Chicago Purchasing Managers Index at 9:00 A.M. EIA Gas Storage at 9:30 A.M. and the much anticipated  Grain Stocks and Planted Acreage at 11:00 A.M. The Fran […]

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Last night’s API weekly inventory data showed a draw of 3.9 million barrels and with news of threats of a strike for oil and gas workers in Norway and ongoing strikes in Kuwait and France have demand fears in the market again. Also thrown in the mix was the crippling in supplies with the Canadian […]

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Another self-inflicted crisis in the Euro-zone leading to the latest news of one super state with counties giving up their armies, criminal laws, taxation system  and central bank, transferring those powers to Brussels. I do not see the wonder or achievement in this move whatsoever. It sounds like the United Nations. Well, “God help them’. […]

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Rains make Grains and floods alike and the wacky weather we experienced this weekend was no different with more than ½ of the State of West Virginia in a state of emergency with terrible floods and areas in the Mid-West and Plains did not get the rains to quench the thirst the crops desperately need […]

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Share the wealth did not appease the voters confidence to stay the course and not walk away from the European Union. What we did see and should have taken into account was the chink in the armor last year when Greece was seeking an exodus. The idea that all these nations could get together and […]

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The storms more than lived up to expectations with a light show of lightning, heavy rains, wind, hail, floods and tornado. We will be assessing the crop damage in the coming days. In the overnight electronic session the July Corn is currently trading at 390 ¼ which is 2 ¾ cents lower. The trading range […]

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As investors prepare for more testimony to Congress from Janet Yellen and the Brexit vote tomorrow pressured Crude Oil to close lower on the day at yesterday’s 1:30 close. A bullish API inventory number has the market trading above $50 a barrel. In the overnight electronic session the August Crude Oil is currently trading at […]

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Today and tomorrow Janet Yellen will give her semi-annual testimony and on Thursday we have the Brexit vote. Arrgh! What else can you throw at a market that is destined to trade with follow through and very excellent bid offers and now investors are nervous once again. I only wish these politicians in Congress could […]

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Summer Solstice and “Strawberry Moon”, coincide on the same day which is supposed to happen once in a lifetime and what an experience this phenomenon of Mother Nature and the planets should show a dazzling experience. The Brexit vote on Thursday seems to be leaning to stay in the Euro which lit a fire in […]

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Another Black Swan event in the Euro-Zone has investors on edge. The U.K. lost Jo Cox with silly emotions overriding common sense. I pray for Jo and her family. The Brexit vote is scheduled for Thursday June 23rd and the marketplace will show some shake and bakes as investors worry and try to capitalize on […]

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No real big surprise the FED did not raise Interest Rates after horrible Manufacturing numbers and an anemic Jobs number the first Friday of his month. But Janet’s words after the fact did not spark any epiphany investors speculating on this sorry economy this administration was not so transparent in the truth and we are […]

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