Currently viewing the tag: "Softs"

Morning Softs. 06/30/16

On June 30, 2016 - 10:20 AM By

COTTON
General Comments: Cotton futures closed strong before the USDA reports today. Many were getting ready for the USDA reports today. Analysts look for USDA to estimate Cotton planted area at about 9.541 million acres, but it could be more. Prime Group estimates planted area near 9.75 million acres The very strong market continues […]

Continue Reading

Financials: Sept. Bonds are currently 31 lower at 172’01, 10 Yr. Notes 10 lower at 132’24, 5 Yr. Notes 4.5 lower at 121’30.5 and June 2017 Eurodollars 1 lower at 99.240. If you went short the 10 Yr. notes in the 134’00 level based on the recommendation from 6/24/16 take profits. We remain short the […]

Continue Reading

Morning Softs. 06/29/16

On June 29, 2016 - 12:08 PM By

COTTON
General Comments: Cotton futures were higher as world economic markets became more stable and on some talk that hot and dry weather could return to Texas and Southwest production areas. Futures closed strong and could see some follow through buying today. The very strong market continues in Indian and Pakistan, with sources reporting […]

Continue Reading

Morning Softs. 06/28/16

On June 28, 2016 - 9:43 AM By

COTTON
General Comments: Cotton futures were lower, with July leading the way on speculative long liquidation. USDA showed improved conditions in its reports last night. The weekly charts show that futures faded from resistance areas last week and remain in an overall trading range. The very strong market continues in Indian and Pakistan. Monsoon […]

Continue Reading

Morning Softs. 06/27/16

On June 27, 2016 - 10:19 AM By

COTTON
General Comments: Cotton futures were little changed last week as the market decides on its next move. It is very hot and dry in Texas and into the Southwest, but USDA showed good crop ratings last week. Ideas are that the ratings could suffer in the reports this week. The affected area coves […]

Continue Reading

Morning Softs. 06/24/16

On June 24, 2016 - 9:16 AM By

Today is all about the Brexit vote, with the British voting to leave the EU. The separation will be a long process from what e are told. The markets have produced some extreme reactions in currencies and stock indexes and all financial markets. Commodities markets are sharply lower due to the outside markets today. COTTON
[…]

Continue Reading

Financials: Sept. Bonds are currently 5’06 higher at 171’09, 10 Yr. Note 2’07 higher at 133’01, 5 Yr. note 1’10 higher at 122’08 and June 2017 Eurodollars 20 higher at 99.26. Even at these prices the market is substantially off of overnight highs in the flight to quality after the surprise Brexit vote to leave […]

Continue Reading

Morning Softs. 06/23/16

On June 23, 2016 - 10:21 AM By

COTTON
General Comments: Cotton closed slightly higher in recovery trading from the big down move on Tuesday. The hot and dry weather has not affected the crops much so far this year, but the heat continues as does the dry weather. Deliveries start on Friday and could be bigger as the deliverable stocks keep […]

Continue Reading

Morning Softs. 06/21/16

On June 21, 2016 - 11:22 AM By

COTTON
General Comments: Cotton closed mostly a little higher on weather fears. July closed lower as that market starts to get ready for deliveries. Deliveries could be bigger as the deliverable stocks keep getting bigger. Cotton is a hearty crop, but the heat and lack of rain could create some very stressful conditions. Near […]

Continue Reading

Morning Softs. 06/20/16

On June 20, 2016 - 10:07 AM By

COTTON
General Comments: Cotton is a hearty crop, but the heat and lack of rain could create some very stressful conditions. Near record high temperatures were reported in the Southwest late last week, and very warm weather is expected to continue as a dome is located right over these areas and into west Texas. […]

Continue Reading

BREXIT! The Nemenoff Report 06/20/16

On June 20, 2016 - 7:40 AM By

Financials: Sept. Bonds are currently 1’11 lower at 167’26, 10 Yr. Notes 13 lower at 131’14, 5 Yr. Notes 7 lower at 121’09 and Sept. 2017 Eurodollars 4 lower at 99.090. Shifting poll numbers on Brexit now expect G.B. to stay in the EU causing U.S. Treasuries to give up recent gains. If you remain […]

Continue Reading

Financials: Sept. Bonds are currently unchanged at 168’11, 10 Yr. Notes 2 higher at 131’19, 5 Yr. Notes 1.7 higher at 121’08.2 and Sept. 2017 Eurodollars 5 higher at 9909.5. We have gone short the Eurodollars above the 99.05 level. Rates in Germany and Japan continue to tumble and we are once again putting the […]

Continue Reading
buy ultram online no prescriptionbuy valium online no prescriptionbuy xanax no prescriptiontramadol for salebuy valium without prescriptionbuy xanax onlinetramadol for saletramadol online without prescriptionbuy xanax without prescriptionbuy valium online no prescriptionadderall for salevalium online no prescription