Long the Soybeans futures contract and moved stop loss to lock in profit. Still working the Wheat sell order.
Trading Advisories
Turner’s Take Podcast | Aug WASDE Increases Yields
The USDA raised corn and soybeans yields in the August WASDE. Both markets should trade lower into the end of the month
Beyond the Spotlight: August 10, 2020 (Wheat, Copper, Bonds)
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… Read more.
Trade Spotlight: Futures – Weekly Summary: Wheat, Soybean Oil
Stopped out of the Soybean Oil contract. Working an order to sell the Chicago Wheat contract on a pullback.
Turner’s Take Podcast | StoneX Forecast Big Yields
Yield forecasts are coming in and they suggest corn and soybeans are both above trend. Corn and soybeans should feel pricing pressure for the rest of August and into September
Turner’s Take Podcast | Corn and Soybean Seasonality
Seasonally corn and soybeans tend to grind lower for the rest of the summer. We expect seasonal lows to occur at the end of August or by mid September
Trade Spotlight: Futures – Weekly Summary: Cattle, Soybean Oil
Stopped out of the Live Cattle contract for a profit. Entered into a short Soybean Oil contract.
Turner’s Take Podcast | Corn Game Plan
Corn will most likely drift lower between now and the end of August. Seasonally corn tends to rally from Mid Sept through October
Beyond the Spotlight: July 20, 2020 (Crude, OJ, Copper )
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… Read more.
Trade Spotlight: Futures – Weekly Summary: Cattle, OJ
Still long the Live Cattle contract. Adjusted the stop loss several times to lock in profit. Stopped in and out of the Orange Juice contract for a loss.