Crude traded to its highest level since mid-January and appears poised to re-visit $85/barrel very soon. We have no long or short exposure with clients currently. Natural gas traded above the 9 day MA for only the second time this month but as of this post is back near its lows well below $4. It may [...]
March 26, 2010 By: Matthew Bradbard and Jordanna Sheermohamed, M.S Meteorology Weather and Climate Consultant for MB Wealth Corp. The highly anticipated annual planting intentions report is about to be released, and with it, pivotal information regarding some of the hottest commodities traded on the market today. How are the markets going to move as [...]
March 17, 2010 by: Matthew Bradbard click on chart Why corn and why now? Since the January USDA report prices of corn have come down approximately 15% but failed on two occasions, most recently this week and early February, to get much lower than the current levels. On both the daily and weekly charts we [...]
Month end and the conclusuion of Q1 may have increased the volatility today. Energies were lower for most of the day before making their way postive within the last few hours. We would continue to use setbacks in crude, RBOB and natural gas as long opportunities with futures and options. We are thankful that we [...]
When I say everything Crude oil was lower by nearly 8% dragging down the distillates. As we said in our commentary published today look for the week to start with a down move and use that to get long oil and RBOB. Contact us for exact pricing. Natural gas as of this posting was postive, we remain [...]
The USDA report was yesterdy’s news by the open as traders now await planting intentions at the end of the month. As Sam Lerner from Roach Ag says, ” a classic case of buy the rumor sell the fact.” Current grain spreads clients are in; long SX9/short SK9 and long WK9/ short CK9. The wheat/corn [...]
