Morning Thoughts – Dec 5

Morning Thoughts – Dec 5

by | Dec 5, 2016 | Nesvick Trading Group

Financials – There was no major surprise in the results from the Italian referendum over the weekend.  Italians rejected the constitutional reforms proposed by PM Renzi.  Polls had indicated this would happen, so the only surprise was the margin of victory which...
Morning Thoughts – Dec 2

Morning Thoughts – Dec 2

by | Dec 2, 2016 | Nesvick Trading Group

Grains – Several data releases from government agencies yesterday worth quickly reviewing.  NASS issued the Fats & Oils and Grain Crushings reports yesterday afternoon.  Looking at the Fats & Oils report first, the Oct soybean crush was reported at...
Morning Thoughts – Dec 1

Morning Thoughts – Dec 1

by | Dec 1, 2016 | Nesvick Trading Group

Energy – An especially wild day in energy futures yesterday.  Obviously by now everyone knows OPEC came up to an agreement on a production cut.  I have attached a breakdown here for your review and here are some stream-of-consciousness thoughts on the issue: For...