Currently viewing the tag: "Daniel Flynn"

With the Free Market holding their breath over the historic message from Mario Draghi with the stimulus package the European Central Bank has outlined to stabilize the euro-zone. Other factors include who will leave or be pushed be leave the euro-zone. Calls for concern in the Middle-East is Yemeni’s President Abed Rabbo Mansour Hadi and [...]

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Mario Draghi’s famous quote during the 2007-2008 financial crisis that it was a U.S. problem and not a Euro problem as the ECB continued to raise rates. Now that the worm has turned and the U.S. is coming out of the depths slowing but surely and now wants to taper and raise rates but will [...]

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As reported by Gary Straus of USA Today, As Crude Oil prices continue slipping, pink slips are mounting in the oil patch. The latest; oil field services provider Baker Hughes (BHI), which said Tuesday it plans to lay off about 7,000 employees or about 11% of its workforce. In the wake of nearly 60% drop [...]

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The European Central Bank governing council meets on Thursday and marks a possible historic decision on quantitative easing. This should make this week a crazy rollercoaster ride in the marketplace. In the overnight electronic session the March Corn is currently trading at 383 ¾ which is 3 ¼ cents lower. The trading range has been [...]

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The Grains continue to be in a trading range after Monday’s report and as much as the push to the upside it fails and tests the downside. Soybeans weigh heavily on the bearish note in the complex. While Corn is showing strength which I expect to wear out in the coming planting season. Long term  [...]

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In a shocking unexpected move the SNB ditches the euro cap which erupted like a volcano. No hints were dropped that this move was forthcoming and shocked the marketplace. We may see some more Banking intervention to follow this surprise action. On the Corn front the March contract is currently trading at 386 which is [...]

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New York Times reporter Coral Davenport’s column on President Obama’s latest move using executive authority to tackle climate change, administration officials will announce plans to impose new regulations on the oil and gas industry’s emissions  of methane, a powerful greenhouse, according to a person familiar with Mr. Obama’s plans. The Environmental Protection Agency will issue [...]

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In the overnight electronic session the February Crude Oil is currently trading at 4482 which is 125 points lower at this writing. The trading range has been 4591 to 4420 so far. Our thinking is the possibility of some bottoming formations at the $44 level. It could be time to cover shorts or at least [...]

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Starting at 10:00 A.M. we start off with weekly Export Inspections followed up with several reports at 11:00 starting with Annual Crop Production, Monthly Crop Production, Grain Stocks, USDA Supply/Demand and Winter Wheat Seedings. The Grain complex is overall trading easier in the overnight electronic session. The March Corn is currently trading at 396 ¼ [...]

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Unemployment and Wholesale Trade data rule the roost this morning. And what do we expect? With Affordable Health Care and the 40 hour work week manifests itself in government, “God Help Us!” Whoopsie, if this is not a sign were in trouble.   In the overnight electronic session the March Corn is currently trading the [...]

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In the overnight electronic session the March Corn is currently trading at 398 which is 1 ¾ cents higher. The trading range has been 398 ¾ to 395 ½ so far. The freeze of 2015 has buying coming into the market not to mention the USDA is rethinking numbers on the numbers on the 2014 [...]

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Instead of moving forward amid veto threats from a lame-duck president over the Keystone pipeline bill. With all his mighty economic failures this is par for the course and he is not even golfing. To make matters worse Sen. Bob Corker, R-Tennessee, is proposing a 12-cent gas tax hike, offset by other tax cuts, That [...]

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