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Senior Contributor
ShelladyOptions
Posts: 898
Registered: ‎05-03-2010
0

OptionEye...Aug 5th

Well well well.

 

Another plate of cold oatmeal.

 

Jobs report was not good enough to really help. As I write stock futures fly to the upside.

 

As far as grains go we will start off on the red side of the card....

 

Corn 7 to 10 lower

Beans 7 to 10 lower

Wheat  7 to 10 lower as well.

 

Stocks ripping higher on the 117k jobs number

Dollar is slightly weaker

Crude is off again, around $1.00

 

Decent position squaring in grains going into next week's USDA..Watch these stocks give up their gains on a better than expected jobs number...

 

Happy Friday and good hunting

 

Scott

 

Senior Contributor
p-oed Farmer
Posts: 398
Registered: ‎05-04-2010
0

Re: OptionEye...Aug 5th

Scott..... It feels like you are still hung over from yesterdays fun in the markets........:smileytongue:

I see a lot of opportunity to buy stocks here soon as there has been a big sell off......I was not as inclined when the market was higher......FWIW.... Bring on QE3........p-oed

This information is worth what you payed for it...... :~)
Community Manager
John_Walter
Posts: 574
Registered: ‎04-29-2010
0

Fox Business News

Scott: A friend of mine heard you on Fox Business News yesterday. Said you did a great job, but I'm wondering what you said that tanked the global markets?

 

Hey, and thanks for a great week hosting for Marketeye. Much appreciated....

 

John

Veteran Contributor
dafeeder
Posts: 107
Registered: ‎01-24-2011
0

Re: OptionEye...Aug 5th

[ Edited ]

Under the market conditions, Corn and Beans have made quite a rally today.  HOUSTON I think we have a problem!

Senior Contributor
dapper7
Posts: 264
Registered: ‎05-13-2010
0

Re: OptionEye...Aug 5th

that was a great close in the corn for a friday. was hoping for a bit more on the beans, yep still got some. turn monday or tuesday?

who you gonna believe? me or your own two eyes. groucho marx