Today's Market View Corn Futures Expected to Open 5 to 7 Lower as of 7:15 a.m. CDT
33 minutes ago
Corn: Corn recovered by posting sharp gains Friday. The bottom line is extended sell-offs should be kept at bay by the general consensus that production will fall well below USDA's current 12.9 billion bushel projection.
Soybeans: It was a bullish week for beans as a bullish breakout was formed. And with the commercial outlook growing more bullish as well, contracts should push to new highs this week.
Wheat: While the commercial outlook is growing more bearish in Chicago wheat, the Kansas City and Minneapolis markets remain neutral to bullish longer-term.
Live Cattle: Strong noncommercial short-covering to end the week sparked sharp gains in live cattle contracts, though the short-term trend remains firmly down.
Cotton: It was another quietly mixed day Friday as cotton traders wait for some type of fresh news to break the market out of its well entrenched sideways trend.
-------------------------------------------------------------------------------------------------
Since 1996 by request from many traders new and old hands at trading I was ask to post my calls at that time on AOL Commodity forum board. I did and it soon turned into my E mail service called Market Pick, posting my calls in advance of the markets and offering in my trading course.
Simplicity is the most powerful approach to trading you can have. Send me a E mail for information on my trading course called "The Art Of Trading"
Just one example what is taught in the course.
30 year T-Bond option strategy (based on 5 options per trade) for 9 Months Trading 2007 / 2008
June T-Bond Option Strategy P/L...+ $ 9,603.
July T-Bond Option Strategy P/L.+ $ 8,047.
Aug. T-Bond Option Strategy P/L..- ($390.)
Sept. T-bond Option Strategy P/L..+ $ 13,378.
Oct. T-Bond Option Strategy P/L.- ($ 1,504.)
Nov. T-Bond Option Strategy P/L..+ $ 17,870.
Dec. T-Bond Option Strategy P/L..+ $ 8,999.
Jan. T-Bonds Option strategy P/L..+ $ 5,308.
Feb T-Bonds Option Strategy P/L...+ $ 6,716.
P/L for 9 months...+ $ 68,027.
This is probably one of the easiest option strategies one can do with options almost daily. Easy to put on and exit. Very easy to learn and simple to do. It works because of momentum building on momentum. E mail me for information concerning the T-Bond option strategy.
To review comments about my trading course and Market Picks click on link below. Send E mail request (please fill in subject box saying, send Trading Course Information) Market Picks are no longer available because of health issues.
USCoralSea
http://www.wfaa.us/coral