Technical Analysis Blog Posts

DJ Table of China April Oilseed, Vegoil, Grain Imports Table of Imports by Grain, Oil Type and Origin (All figures in metric tons) Apr Change Jan-Apr Change in Tons on Year in Tons on Year Wheat Total 203,337 -30.69% 894,556 -36.75% Australia 82,486...

DJ USDA Grain Inspections For Export In Metric Tons-May 20 Source: USDA For the week ending May 16, in thousand metric tons. Includes waterway shipments to Canada. Grain ——-week ending——- current previous May 16 May 9 last mkt...

Financials: June Bonds are currently 2 higher at 143’26 and the 10 Yr. Note 1 lower at 131’25.0. Treat as a trading affair between 143’00 and 146’0. We remain short the July Bond 141’00/147’00 strangle from the 68 point level. This strang...

Good Morning! Oklahoma twisters devastated Oklahoma City and Moore with a direct hit on a grade school. My prayers go out to the people hit by these massive tornadoes. Scientist are once again trying to shed light on this weather phenomenon as weathe...

Getting Closer to the Top With gold and silver capitulating and treasuries yield rinsing oil will have to balance the bearish implications of the Fed taking about an exit strategy versus the disinflation that is now plunging Europe. With the Chicago...

Hello Fellow Traders, All the recent scandals emerging from Washington DC reminded me of a quote from the great economist Milton Friedman “If you put the federal government in charge of the Sahara Desert, in 5 years there would be a shortage of san...

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 118,458 lots, or 5.63 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Jul-13 4,867 4,867 4,832 4,833 4,814 4,844 30 6 366 Sep-13 4,801 4,830 4,801...

Financials: June Bonds are currently 16 higher at 144’15 and the 10 Yr. Notes 6.5 higher at 132’02.0. For the moment we are looking at the Bonds as a trading affair between 143’00 and 146’00. On Friday we sold the July Bond 141’00/147’00...

COTTON General Comments: Futures were higher in range trading. The new crop months were firmer on the Informa planted área estimaters and forecasts for some rain in production áreas this week to keep planting slow. Ideas are that the demand can con...

Good Morning. A rough weekend for the Midwest states as tornadoes ravaged and left death and destruction in its path in Kansas and Oklahoma. These strange weather patterns Mother Nature is throwing at us is just like a freak of nature. In the overnig...

Gas Natural Gas soars as natural gas exports are probably going to happen a lot faster than many thought and pain at the pump is back as refinery woes mess up the trend of lower prices. On Friday, Reuters News reported “The Obama administration ope...

DRY HEAT Timothy Hughes | 602-859-4100 | thughes@pricegroup.com ________________________________________________ General Comments Are we witness to the greatest “rope-a-dope” contest of all time? Central banks of the world against defla...

Gasoline Oxy Morons Against a back drop of risng supply and a murky economic backdrop, RBOB gasoline rises up out of the ashes. Ok maybe not ashes but rising on refining and pipeline issues as we get ready to top off the tank for the upcoming kickoff...

Good Morning! In the overnight electronic session the July Corn is currently trading at 643 ¾ which is 2 ¼ cents higher as I write. The trading range has been 644 ½ to 641 ½ so far. Right now farmers are in a race with the clock to get plantings...

Financials: June Bonds are currently 12 lower at 145’02 and the 10 Yr. Notes 3.5 lower at 132’11.5. Yesterday the Bonds rallied about 1’16 on disappointing ecominc reports: CPI was down 0.4% slightly lower than expectations of -0.3%. Jobless Cl...

COTTON General Comments: Futures were lower after trading higher early in the sessión. A disappointing export sales report released yesterday by USDA hurt the bull case. Traders concentrated on economic news, which was disappointing for China and fo...

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 84,110 lots, or 3.99 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Jul-13 – - – 4,814 4,809 4,814 5 0 364 Sep-13 4,799 4,800 4,787 4...

COTTON General Comments: Futures were higher after trading lower early in the sesión. Traders concentrated on economic news, which was disappointing for China but good for the US. China is the largest importer of US Cotton, so less tan expected indu...

DJ CBOT Delivery Intentions: Totals – May 15 Source: CME Group Contract Quantity Next Trade Commodity Month Delivery Day Assigned Today Date Available SOYBEAN OIL May May. 16, 2013 103 May 14, 2013 ROUGH RICE May May. 16, 2013 22 May 14, 2013 C...

Look Out Below Oil prices are falling despite a late day surprising dead cat bounce as oil inventories and weak industrial data weighs on the market outlook. Of course a risng stock market gave bulls some hope along with nonexistent producer price in...