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The Nemenoff Report Bonds Lower, S&P's higher, Silver Lower

Financials: June Bonds are currently 10 lower at 143'06 and the 10 Yr. Notes 5 lower at 131'13.5. If you went long on yesterday mornings break either take the short term profit or raise your protective sell stop to your break even level.

Grains: May Corn is currently 2'2 lower at 731'0, May Beans fractionally higher at 1437'4, May Wheat 1'2 higher at 728'4 and Dec. Wheat 1'2 higher at 748'6. We remain long out fo the money call spreads in Dec. Wheat. As for speculative futures position, We are heading for the sidelines until Thurday's Prospective Planting Report at 11:00am Chicago time.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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