Today's Market View Corn Futures Expected to Open 1 to 2 Higher as of 7:15 a.m. CDT
23 minutes ago
Corn: After opening lower, December corn charged back to close with solid gains, and in the process printed a new contract high for a second straight day as the short-term uptrend continues to strengthen.
Soybeans: A lack of follow-through noncommercial interest tied to renewed weakness in the DJIA led to a slightly lower close with losses limited by commercial buying.
Wheat: Minneapolis wheat surged to sharp gains Tuesday on disappointing spring yield reports. This provided spillover support to the other wheat markets.
Live Cattle: It was a mixed day in the live cattle pit with nearby contracts finding support from expectations cash prices will continue to rise on strong demand.
Cotton: Cotton contracts were marginally lower locked in narrow trading ranges throughout the day as noncommercial traders seemed to take a breather from recent volatility.
---------------------------------------------------------------------------------------
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
