
Speculation early this morning was that U.S. employers likely have cut only 150,000 jobs in the month of October, a figure which would be the lowest in more than a year. The worst labor-market slump since the 1930s is now seen as possibly bottoming out, and the possibility of future consumer spending is now seen as adding to US and global... (Nov 06, 2009 1:03PM)
Yesterday Beans were 27 cents lower, Corn 7 lower and Wheat 8 lower. Over night Beans were fractionally higher, Corn 1 lower and Wheat slightly higher. Jan. Beans are now in support below the 977'0 level and I am going to try the long side of the market with a 25 cent risk from entry level. Support for Dec. Corn remains just below the 371... (Nov 06, 2009 10:41AM)
Higher closes Thursday for the Japanese yen and dollar index while lower for the Euro fx, Swiss franc, British pound, Canadian and Aussie dollar but no changes technically. The euro and franc settled down but are still in long-term up-trends forming huge potential tops. The yen closed a few ticks higher continuing to be a sell unless se... (Nov 06, 2009 10:38AM)
As central bankers and energy traders around the world await today's jobs report, employers are wondering just how much blood you can squeeze out of a turnip. The turnips are getting major league squeezed as third quarter productivity surged to an annual rate of 9.5%. That follows the second quarters' 6.9% rise which was the biggest back ... (Nov 06, 2009 10:15AM)
Yesterday Beans were 11 cents lower, Corn 6 lower and Wheat 5 higher. Over night Beans were 6 lower, Corn fractionally lower and Wheat 3 lower. After three days of considerable buying by commodity funds the market has run out of buyers for the short term, despite a weakened dollar over the last two sessions. I still remain optimistic for ... (Nov 05, 2009 10:43AM)
Carry on my carry trade. We'll be in pieces when it's done. Put all your bearish thoughts to rest; don't you sell no more. The Fed use to rise above the noise and confusion and give us a glimpse beyond the illusion. Yet gold was soaring ever higher and it flew to a high. The threat of bubbles was clear to a blind man. To not fear it to yo... (Nov 05, 2009 9:39AM)