Tropical Storm Bonnie is no longer lying over the ocean.Heavy
rains willfollow ther aftrmath of the initial blow to
Floridians.The heavy hurricane season the gulf is
experiencing due to Mother Nature is hindering the workers
trying fix and cap the leak. Stay Tuned!
The December Corn is trading at 391 ½ which is up 1 ¼ cents in
electronic trading session.
At these levels the market continues to make wild swings as we are
at resistance and waiting to punch
through. Expect a new leg up very soon.
On the Energy Front the September Crude Oil is trading lower
after yesterdays rally.
All eyes are on the threats in the gulf and threats in the Middle
East and Korean Peninsula.
That coupled with the Stock Market having wheels to the upside due
to earnings are keeping
the bearish sentiment out of the market. I still believe we are
Have a Great Trading Day !
Call me for recommendations in these wild and crazy markets!
There is substantial risk of loss trading commodity futures and
Past performance is not indicative of future results.