Currently viewing the tag: "Technical Analysis"

Morning Grains 4/24/14

On April 24, 2014 - 10:03 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 57,184 lots, or 2.49 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest May-14 4,757 4,765 4,755 4,757 4,757 4,758 1 1,354 12,578 Jul-14 4,583 4,583 4,583 4,583 4,532 4,583 51 2 12 Sep-14 4,363 4,392 4,356 4,391 4,359 [...]

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Morning Softs 4/24/14

On April 24, 2014 - 9:41 AM By

COTTON General Comments: Futures were mostly lower, but May closed higher as shorts got out of the market before the delivery period gets underway today. Ideas of very tight domestic supplies for the short term supported May, but ideas of weakening export demand due to uneven Chinese economic data hurt the back months. Farmers made [...]

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The Corn & Ethanol Report 4/24/14

On April 24, 2014 - 9:38 AM By

Good Morning! In the overnight electronic session the May Corn is currently trading at 506 which is 2 ½ cents higher. The trading range has been 506 ½ to 502 so far. The march continues as we look at South America’s crop, weather here in the United States while we are in planting season. Also [...]

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The Energy Report 4/24/14

On April 24, 2014 - 9:36 AM By

Modern Day Record! US oil supplies hit the highest level since the Department of Energy has been keeping the highest level records or the highest level in 83 years. Copper hits the highest level since March after the Chinese currency hits a 16 month low as it appears the market expects more stimuli. Natural gas gets [...]

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Morning Grains 4/23/14

On April 23, 2014 - 9:44 AM By

DJ Analysts’ Estimates for April USDA Cattle-On-Feed Report The following estimates, as compiled by the Wall Street Journal for the nation’s feedyards with a capacity of 1,000 or more head, are in percentages of the year-earlier figure. High and low projections were dropped in the calculation of averages. The U.S. Department of Agriculture report is [...]

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Morning Softs 4/23/14

On April 23, 2014 - 9:35 AM By

COTTON General Comments: Futures were higher on slower tan expected planting progress. Farmers made very little progress last week and might hold back this week as well. This is especially true in the Southeast where there have been some excessive rains. However, there was some light precipitation recently in Texas and more light precipitation is [...]

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The Corn & Ethanol Report 4/23/14

On April 23, 2014 - 8:58 AM By

Good Morning! In the overnight electronic session the May Corn proved it resiliency showing a benchmark of $5 as key resistance at this point. In the overnight electronic session the May Corn is currently trading at 495 ½ which is ¾ of a cent lower. The trading range has been 498 ¼ to 495 ¼ [...]

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The Nemenoff Report 4/23/14

On April 23, 2014 - 8:55 AM By

Financials: June Bonds are currently 14 higher at 134’12 and the 10 Yr. Note 8 higher at 123’28. We continue to hold the long 10 Yr./short Bond spread in the belief that at some point rates will edge higher and the yield curve will widen. A less risky position will be long the 5yr./short the [...]

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The Energy Report 4/23/14

On April 23, 2014 - 8:48 AM By

Rising Tide! A rising tide of oil inventory is calming the oil market is a scary world. Word that Ukraine would restart an offensive against pro-Russian militants after the apparent torture and killing of a politician from the loyalist party. West Texas crude fell against Brent crude as inventories in the US hover close to [...]

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The Windy City Trader 4/22/14

On April 22, 2014 - 10:28 AM By

Hello Fellow Traders, I’m sure everyone has heard about the guy who traveled from San Jose to Hawaii in the wheel well of an airplane. OK, I know they have been putting a lot of restrictions on those frequent flier miles but this is ridiculous. This Week’s Commentary Metals: Gold, silver and copper all failed [...]

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Morning Softs 4/22/14

On April 22, 2014 - 10:01 AM By

COTTON General Comments: Futures were mostly a little lower on forecasts for better planting weather this week and on ideas of weaker demand. The Southeast and Delta have seen a lot of rain recently, but should turn drier this week. Meanwhile, some beneficial precipitation was seen in West Texas over the weekend. Demand is a [...]

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Morning Grains 4/22/14

On April 22, 2014 - 9:58 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 109,604 lots, or 4.77 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest May-14 4,750 4,760 4,749 4,757 4,760 4,756 -4 4,260 14,598 Jul-14 4,580 4,580 4,459 4,550 4,578 4,517 -61 8 14 Sep-14 4,350 4,371 4,331 4,363 4,372 [...]

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