Today's Market View Corn Futures Expected to Open 2 to 3 Lower as of 7:15 a.m. CDT
37 minutes ago
Corn: A lack of fresh news and light volume allowed the corn market to drift lower as most traders take to the sideline ahead of Monday morning's USDA reports.
Soybeans: Light commercial selling offset spillover noncommercial support from outside markets, leading to a marginally mixed close in soybeans Wednesday.
Wheat: Bearish global production numbers continue to limit buying interest in Chicago wheat as the recently established short-term downtrend strengthens.
Live Cattle: Renewed commercial buying tied to the strong gains in the Dow Jones Industrial Average allowed the cattle market to close with modest gains on the idea domestic demand may begin to pick up.
Cotton: Cotton contracts closed limit up (4 cents) and at the highest level since July on concerns about the crop domestically (drought) and in Pakistan (torrential rains).
----------------------------------------------------------------------------------------------
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