Monthly Archives for October 2012
Great weekly summaries, plus more candy corn
This week I stumbled quickly on a great recap of the week’s markets, at ForexPros; an excellent, concise weekly outlook informed by summaries of last week’s activities: http://www.forexpros.com/news/commodities-news On a more newsworthy note, for those of you trading corn, Stephen … Continue reading
A Macro View
I have spent the last few days in Baltimore, Maryland, and as such have been re-immersed in US politics, less than two weeks before the presidential elections. And while the USDA Crop Progress Report comes out on Monday, none of … Continue reading
A jump in wheat
My spread position this week didn’t see much action, since any difference between contracts was hugely overshadowed by Wednesday’s surge in prices due to Ukraine’s announcement they would stop exports in November. [1] In keeping with longer-term trends, wheat prices ended … Continue reading
Seasonal trends
I’m trying to figure out how to enter a spread this week, which means I’ve found seasonal trend charts useful from Futures Buzz: http://www.futuresbuzz.com/seasonal_charts.html
Week 5: Surprise!
Right when I thought I had these general trends under control – Surprise! All of our trading commodities suddenly hit bottom and rose last week, catching me completely unawares. I shouldn’t have been surprised, frankly, but it did cause me … Continue reading
Candy Corn?
In what I believe is evidence of how backward many US agricultural policies have become, candy has become cheaper than corn (and, more importantly, fresh vegetables for humans to eat). However, imagining cows eating gummy worms does bring a smirk … Continue reading
The Road Ahead – Week 5
The news from the USDA will likely start a slow reaction in the markets; wheat is slow moving but pretty consistent, in my limited experience, so I will try to observe it a bit better and maybe go long in … Continue reading
Lessons Learned – Week 4
I ended the week in not a bad position, despite the massive jump in prices after the USDA report was released on Thursday, but the progress I thought I’d made earlier this week on understanding what I’d convinced myself was … Continue reading
Cool Source of Information – some fun this week
Something fun this week – after screwing up royally with what I thought was a profound revised understanding of basic market dynamics, I returned to my finance class notes from last winter, and I found the link to this movie … Continue reading
The Week Ahead: Oct 8-12
The drought’s affect on corn prices is still dominating most of the information sources I have found. I am still struggling to understand which factors trigger the Stockout Property of the LOP, since decreasing stocks due to the drought should … Continue reading