Stopped out of the Live Cattle position for a profit.
Trading Advisories
Turner’s Take Podcast | Jan WASDE Bearish SRW Wheat and Bullish Soybeans
The January WASDE was bearish SRW wheat due to an increase in acres and bullish soybeans as global stocks declined
Turner’s Take Podcast | Bullish Grains, Hawkish Fed
Grains and oilseeds are bullish on S. American weather concerns while the Fed minutes were much more hawkish than expected
Trade Spotlight: Futures – Weekly Summary: Live Cattle
Shorted the Live Cattle contract and trailed the stop loss twice this week to reduce the risk.
Beyond the Spotlight: January 3, 2022 (Yen, Sugar, Cattle)
Beyond the Spotlight is a weekly video released on Mondays that spotlights two or three markets that may become trading opportunities for the week ahead. This enables you as a subscriber of the Trade Spotlight advisory service to look ahead with us, while potentially creating additional trading opportunities for yourself. The week’s video linked below covers… Read more.
This Year in Grain and Oilseeds- 2021
Happy New Year US M2 US FOMC Balance Sheet Velocity of M2 CORN CORN Recording Open: 487.5 High: May 7 – 735.25 Low: Jan 4- 479.5 US Yield: 177.0 SOYBEANS BEANS 12/31 Open- 1319.25 High- 1667.5, May 12 Low- 1181.25, November 9 Yield – 51.2 COTTON COTTON 12/31 Open- 78.25 High- 121.67 Low- 78.25 US… Read more.
Target Hit on S&P 500 Trade Before Extended Holiday Weekend
Equity futures continued their bounce back this week and my ES target was hit this morning @ 4700.00
Bullish Price Action Signals Rally into Christmas is Ahead
ES futures just started to break out of this morning’s highs. With yesterday’s bullish close above my Daily Resistance Level (2nd chart), I’m buying the ES on this bullish momentum.
Turner’s Take Podcast | Macro Market Fears vs South American Weather
The CBOT wanted to go higher on adverse S. American weather but many markets were pressured lower due to omicron shutdown concerns
Friday AM in Grain and Oilseeds 12/17
Quiet night at the CBOT for feed grains, soybeans give back yesterday’s gains. Cotton cant buy a rally amidst falling conditions.