Marc Nemenoff

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Trading Recommendations

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)

Trading Recommendations

Bonds are currently 13 higher at 120'29, however 9 lower since this time yesterday. This morning's weekly unemployment report was about unchanged at 505K. Yesterday we were able to sell the Mar. 115'00 put at 1'03 or better leaving us with the combination of short Dec. Bonds and short the Mar. Bond ... (Nov 19, 2009 9:43AM)

Recommendations

Dec. Bonds are currently 4 higher at 121'06. Yesterday we were able to cover our short Jan. Bond 115'00 put at 18 points. This morning I recommend selling the Mar. Bond 115'00 put at 1'03 or better leaving us with the combination of short Dec. Bonds and short the Mar. Bond 115'00 put. At the end of ... (Nov 18, 2009 9:53AM)

Recommendations

Yesterday Dec. Cattle closed 80 lower at 82.80. The long Dec./ short Apr. spread closed about unchanged at 477 premium the Apr. We continue to hold this spread. We also went long Dec. Cattle below the 83.80 level and will use a protective sell stop 300 points below entry level. The market is current... (Nov 13, 2009 9:43AM)

Recommendations

Yesterday Beans were 4 higher, Corn fractionally lower, and Wheat 8 higher. Over night Beans were 7 lower, Corn 8 lower and Wheat 7 lower. Yesterday the Beans gave a profit taking opportunity above the 986'0 level, the high being 986'4. I also recommended that if the market traded above 986'0 to rai... (Nov 12, 2009 10:04AM)

Recommendations

Yesterday Beans were 4 lower, Corn 8 higher and Wheat 3 higher. Over night Beans were 6 higher, Corn 2 higher and Wheat 6 higher. It appears that the market has discounted the negative numbers in Beans in favor of the positive numbers for Corn from yesterday morning's report. We have taken profits f... (Nov 11, 2009 10:10AM)

Recommendations

Yesterday Beans were 17 cents higher, Corn 19 higher and Wheat 22 higher. Over night Beans were a penny lower, Corn 3 lower and Wheat 4 lower. This morning's crop production report showed: Corn 12.921 billion bushels versus an average pre-report estimate of 12.995. The yield per acre was 162.9 bushe... (Nov 10, 2009 10:18AM)

Recommendations

On Friday Jan. Beans were 17 cents lower at 955'0, Dec. Corn 9 lower at 367'0 and Dec. Wheat 15 lower at 487'2. Over night Beans were 7 higher, Corn 5 higher and Wheat 8 higher. On Friday we were able to buy Jan. Beans below 977'0 (the high for the day session was 971'0) and Dec. Corn below the 371'... (Nov 09, 2009 10:46AM)

Recommendations

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 ... (Nov 06, 2009 10:41AM)

Recommendations 05/11/2009

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 ... (Nov 05, 2009 10:43AM)

Recommendations

Yesterday Beans were 12 cents higher, Corn 7 higher and Wheat 1 lower. Over night Beans were 8 higher, Corn 4 higher and Wheat 10 higher. A weak dollar and delayed harvest continue to push prices higher. Hedgers take note of Jan. Bean and Mar. Corn prices. I remain a buyer on breaks. Cattle: Yeste... (Nov 04, 2009 10:18AM)

Recommendations 03/11/2009

Dec. Bonds are currently 10 higher at 120'04. If you continue to hold the combination of short Dec. Bonds and short the Dec. Bond 116'00 put, cover the short put at 15 points (plus or minus a couple of points). This option is currently at 18 points. Once this option is covered I will be looking to s... (Nov 03, 2009 9:56AM)