Currently viewing the tag: "Softs"

Morning Softs 4/17/14

On April 17, 2014 - 9:01 AM By

COTTON General Comments: Futures were higher, but held the recent trading range. Ideas of short domestic supplies available to the market supported nearby months. Demand is a problem as the market as China keeps moving to reduce its government supplies. The government is releasing some of its supplies to millers at competitive prices when compared [...]

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Morning Softs 4/16/14

On April 16, 2014 - 9:34 AM By

COTTON General Comments: Futures were lower, but held the recent trading range. The price action overall has not been real strong, and some traders think a major top is being built. Ideas of short domestic supplies available to the market supported nearby months. Demand is a problem as the market as China keeps moving to [...]

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The Nemenoff Report 4/16/14

On April 16, 2014 - 9:30 AM By

Financials:June Bonds are currently 12 lower at 134’12 and the 10 Yr. Notes4 lower at 124’15. We remain spread long 10 Yr. /short Bonds spread is currently at 9’30 premium the Bonds putting us at a loss of $1400+. We remain short Dec. 2014 and March 2015 Eurodollars. Since my last “Report”, Apr. 9th, these [...]

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The Windy City Trader 4/15/14

On April 15, 2014 - 11:51 AM By

Hello Fellow Traders, Happy Tax Day everyone. I never thought I would use happy and tax day in the same sentence. Let’s see now, I can hold on to my money for another 13 hours or so then give it to Uncle Sam to waste it as he sees fit. This Week’s Commentary Metals: Gold [...]

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Morning Softs 4/15/14

On April 15, 2014 - 10:10 AM By

COTTON General Comments: Futures were higher in nearby months, but lower in deferred months. The price action overall has not been real strong, but Bulls seem unwilling to give up. Ideas of short domestic supplies available to the market supported nearby months. Demand is a problem as the market has seen selling due to reduced [...]

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Morning Softs 4/14/14

On April 14, 2014 - 9:08 AM By

COTTON General Comments: Futures were unchanged to higher as worried about demand in the near term went against bad planting weather in the US. Demand is a problem as the market has seen selling due to reduced prices for Chinese government supplies and ideas that Chinese imports could be sharply curtailed in the coming months. [...]

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Morning Softs 4/10/14

On April 10, 2014 - 10:27 AM By

COTTON General Comments: Futures were lower in buy the rumor and sell the fact trading after USDA cut production in the USDA supply and demand reports. The demand side was adjusted to account for the lost production, and ending stocks estimates were left unchanged. World data showed a slight increase in supplies. Demand is a [...]

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Morning Softs 4/9/14

On April 9, 2014 - 10:30 AM By

COTTON General Comments: Futures were higher in anticipation of lower production and lower ending stocks estimates in the USDA supply and demand reports that will come out later this morning. Demand is a problems as the market has seen selling due to reduced prices for Chinese government supplies and ideas that Chinese imports could be [...]

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The Nemenoff Report 4/9/14

On April 9, 2014 - 9:08 AM By

Financials: June Bonds are currently 11 lower at 133’10 and the 10 Yr. Note 7 lower at 123’26. We remain spread long 10 Yr. Notes/short Bonds which is currently trading at 9’16 premium the Bonds, about 1’00 against us. We continue to hold short biased positions in Eurodollars. I recommend covering March 2015 short positions [...]

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The Windy City Trader 4/8/14

On April 8, 2014 - 11:13 AM By

Hello Fellow Traders, OK folks, call me old fashioned (or responsible) but I just don’t think I would be taking my 1 and 3 year old children on a cruise across the Pacific in a 30 something foot boat. Beside the fact that 1 and 3 year olds are hard enough to care for on [...]

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Morning Softs 4/8/14

On April 8, 2014 - 10:24 AM By

COTTON General Comments: Futures were lower on demand fears. Ideas that USDA will need to cut production and ending stocks in its monthly supply and demand updates that come out tomorrow provided a little support. The market has seen selling due to reduced prices for Chinese government supplies and ideas that Chinese imports could be [...]

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Morning Softs 4/7/14

On April 7, 2014 - 10:03 AM By

COTTON General Comments: Futures were higher on ideas that USDA will need to cut production and ending stocks in its monthly supply and demand updates that come out this week. The market had absorbed some selling earlier last week due to reduced prices for Chinese government supplies. The move by the Chinese government comes as [...]

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