Morning Thoughts – August 7

Morning Thoughts – August 7

by | Aug 7, 2017 | Nesvick Trading Group

Financials – This morning price action just seems to be more of the same.  The DX is weaker again and the euro is stronger.  The only economic data out of Europe overnight appears to be German industrial production, which unexpectedly fell.  The euro has shaken...
Morning Thoughts – July 24

Morning Thoughts – July 24

by | Jul 24, 2017 | Nesvick Trading Group

Crops – Markets sharply lower this morning largely due to a wet look to the QPF maps as shown above.  It also helps that rainfall totals from the systems late last week didn’t “bust” like some earlier events have. Still, as I look at the current...
Morning Thoughts – July 18

Morning Thoughts – July 18

by | Jul 18, 2017 | Nesvick Trading Group

Crops – Following the discussion yesterday on new crop export demand prospects, I realized I have been so focused on weather and conditions lately that I haven’t really been paying attention to old crop demand figures recently.  I decided to look closely at...
Morning Thoughts – July 13

Morning Thoughts – July 13

by | Jul 13, 2017 | Nesvick Trading Group

Crops – No major remarks to make following yesterday’s USDA report deluge.  For the most part, things fell pretty close inline with our expectations yesterday.  I didn’t get everything right of course, but generally speaking things trended as expected. One thing...
Morning Thoughts – July 7

Morning Thoughts – July 7

by | Jul 7, 2017 | Nesvick Trading Group

Energy – Fairly constructive inventory figures yesterday for crude oil, yet futures could not hold their gains.  I suspect there is a wide assortment of reasons for the late day weakness, including but not limited to: 1) More EV articles yesterday 2) US crude...