Author: Christian Robinson

Last Friday I wrote that that action in Cotton looked like a blow off top. So far today cotton is down 13.50 cents a bale lower. It had been close to 19 cents lower earlier. Each penny is worth 500 bucks on a one lot. $7,000 on...

On a Friday going into a long weekend I don’t have much to say. The grains look tired, but that does not mean they can’t push higherMarch options expiration saw liquidation in Beans and Wheat, but Corn continued to...

The short bean and corn positions are mostly history. I had moved buy stops to insure 20 to 30 cents profit a contract on all positions. I am still short some corn, but I am out of the bean shorts.For now, I am flat the grains....

Yesterday after the close I wrote that I was bearish, wanted to sell grains, and was not looking to buy breaks.Today beans settled 34 cents lower, wheat settled 32 cents lower and corn settled 12 cents off its high, but 5 cents...

Just a short note. If crude settles below 85, that opens the door to further correction lower. We may trade all over the place during the day. Where we settle is what counts.That is...

Corn has rallied 1.90 in the past 60 trading sessions. Beans have rallied 2.72 cents in the past 60 trading days Wheat has rallied 1.35 in the past 60 trading days.There are no more bears out there. Every one has turned bullish....

For the second session in a row, spot crude (CL) settled below a key long term trend line support. I personally will have a sell stop triggered if crude settles below 85.0 An ugly settlement like that should send the bulls for...

86-86.50 was my target from yesterday. I think that was the dip to buy. Be willing to take a dollar heat, down to 85. although. I think you hold your longs with a target to sell 89.35 and then 90.15. Hope you’ve been...

Wow, I hope that for those of you who sold crude at 92 on my suggestion still have some shorts left. I never thought we’d break this hard, but, my guess was right, people got short based on fears about Egypt. And were...