Announcement #1: Daniels Trading has a new podcast called Inside Commodity Futures (ICF) and it is hosted by myself and John Payne of This Week in Grain. We talk about Grains, Livestock, the macro markets, and as we get this thing rolling I’m sure we will even talk some Energy markets too. Our aim is to release a new podcast every Tuesday night. We will also release a 2nd podcast during the week if there is an event in the markets that we want to talk about.
Podcasts are free for everyone (much like Turner’s Take Weekly). Anyone can listen to our Podcasts at the Daniels Trading website here: https://www.danielstrading.com/category/icf/
For those of you with iPhones or Android devices and use a podcast app, you can subscribe to Inside Commodity Futures on iTunes and Android. “Podcasts” is a standard app on all iPhones and users can subscribe to the podcast and receive notifications when a new episode is released. I don’t have an Android device but friends and colleagues recommend Podcast Addict.
We love iTunes reviews. If you are a fan of the podcast we would greatly appreciate it if you could take a minute to review Inside Commodity Futures on iTunes.
Announcement #2: I will be holding a webinar on “Moore Research Center, Inc (MRCI) and Seasonal Futures Spread Trading” on Wednesday, December 2nd at 2:30 PM Central Time (3:30 Eastern). We will be going over what MRCI is (and isn’t), why we prefer futures spreads for seasonal trading, how we analyze MRCI research, and the value both MRCI and Daniels Trading provides seasonal futures spread traders. There is something for everyone in this webinar and I think all traders from novice to expert will get something out of it. This webinar will be recorded and anyone who signs up for the webinar will also be able to review the archived recording.
As for the news of the day, the FOMC October meeting minutes were released today and while the market still thinks the odds are we see a rate hike in December, the odds have come in a bit. The committee seem more divided then in previous meetings and they are leaving themselves an out if they don’t raise rates in December.
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