Morning Thoughts – Apr 27
Livestock – The NAFTA talk yesterday sure did a number on livestock markets. I’m not sure if anyone even paid attention to the FCE or other cash talk because the action was all driven by fears of NAFTA termination. In cattle, this of course was a bullish...Morning Thoughts – Apr 25
Grains – An all around interesting session yesterday. First off, note that oilshare did in fact make it back to my trigger point noted a week or so ago. It seemed like someone listened and oilshare was sold aggressively especially late in the session...
Morning Thoughts – Apr 19
Livestock – If it felt yesterday that I was picking on cattle hedgers for being short as the market went higher, I apologize. Today I want to present the spec positioning as shown on the latest COT report. The attached chart shows the percentage of open...