
he 12z FRIDAY operational GFS still shows a significant event developing for the eastern portions of the Upper Plains and Midwest 11/23-11/24. The GFS has done a flip flop... again... and now shows a colder pattern for the central and eastern US in the 1st week of DEC. Nov 20, 2009 4:04PM
A more robust gain in the US dollar overnight (rising 0.56 on the index, to 75.82) drew additional sales from gold holders and dented values in crude oil as well as other precious and base metals. The US currency gained ground following cautionary words on the state of economic recovery by ECB Presi... Nov 20, 2009 10:30AM
RAINFALL LAST 24 HRS ...ending as of 7am CDT 11/20/09
All of the Plains regions as well as the Delta and most of the Deep South for rain free in the last 24 hours. Light to moderate rains have developed over Central Texas in the last several hours... and we have light rain showers lingered across the Great Lakes and Northern ECB. Rainfall amounts here ... Nov 20, 2009 10:27AM
Bullish on the RBOB (gasoline futures); Livestock traders need to watch for this afternoon's release of the monthly Cattle-On-Feed Report Nov 20, 2009 10:13AM
Dec. Bonds are currently unchanged at 120'26. We continue to hold the combination of short Dec. Bonds and short the Mar. Bond 115'00 put. Next week I will "roll" the short Dec. Bond futures into the Mar. contract. Nov 20, 2009 10:09AM
Swing Trading Report Friday, November 20, 2009
Dow Jones futures extended overnight losses, as the overseas markets show concern that the recent rally has outpaced the prospects for economic growth. Looking at the charts, I can see the Dow Jones futures reached the reaction line one day before Thursday's projected reversal swing day. The conflue... Nov 20, 2009 9:44AM
The Energy Report for Friday, November 20, 2009
For oil the major support is still $75 and resistance around $83 and it is unlikely that oil can really break out of this trading range until the end of the year. We will see light volume next week so be on guard for some goofiness but the bullish influences of economic policies are being offset by ... Nov 20, 2009 9:14AM
GoldCore Update: Gold and Silver Set For Parabolic Move Like 1970s?
Gold was unchanged yesterday and remained near record nominal highs as equities fell and the dollar staged a moderate rally. Gold appears to be attempting to consolidate at these higher levels and the unchanged close will encourage the bulls and support is now at $1,130/oz. Gold has moved back up to... Nov 20, 2009 6:14AM