Markets look to explode higher today as overnight maps enhanced heat and removed rains. From Reuters: The health of U.S. corn and soybean crops deteriorated more than expected last week as temperatures heated up in key growing...
Read MoreGasoline and Heating Oil are both up this morning but not as much as crude as the cracks will likely continue to get weaker from here. What’s also weighing in heavily on the market is supplies. An Energy Department report...
Read MoreGold reaching new heights last night to over $1,590 an ounce. The flight to safety has pushed this market and the silver market higher. Silver up over $38 per ounce looking to try and reach $40 for the first time in a while....
Read MoreOk, so Italy is pledging to take action for its debt issues. Here is the thing! If the euro zone lets Greece default than where does that leave everyone else? Are they too far gone as well? Systemic risk is the word that...
Read MoreThe USDA just released the monthly WASDE – download the pdf here: http://www.usda.gov/oce/commodity/wasde/latest.pdf Excerpts: U.S. wheat supplies for 2011/12 are raised 90 million bushels as higher carry in and production...
Read MoreAll of the Soft markets came under macro pressure on Monday. The weight of Italian concerns on the Euro led to dollar strength and severe declines across the board. Cotton was limit down during the entire...
Read MoreThe debt situation overseas, rising inflation in China, and the U.S. deficit issue has caused a sell-off across the boards. To me this shows how little the President of the United States has and how powerful Congress is. If the...
Read MoreI am sure everyone has seen the job numbers today. Nonfarm payrolls rose by 18,000 which is the weakest announcement since September, below the 90,000 rise that economists expected. The economy has to create between 125,000...
Read MoreSo the current administration wants to add taxes to those who work hard and are successful. What is this Robin Hood! This might make people not attend college for fear if they do make a good living that they may not make...
Read MoreThere are questions that you should be asking yourselves. Does the fact that Greece received a bailout save the country from falling off the cliff? Can the euro and dollar both fall at the same time? Is the U.S. government going...
Read More
