01-25-2013 06:35 AM
Marketeye must have been up early with twins....first post was an early one.
As for the markets, generally unchanged this morning. Wheat down a bit, corn up a penny and soybeans off 2 to 4.
Gold is slightly easier and oil is up .42 cents. The 10 year rate has inched up to 1.896 this morning as the Euro has strengthened to 1.345.
Equities again are on their QE march higher and I think this is the story that has everybody wondering when it will end and what will be the catalyst.
Snow here in Chicago this morning with milder temps in the forecast for next week. I am still afraid of shorting this market but it seems that has been the 'trade de jour' of late. I am still a believer that stocks are very tight and we need moisture. This makes me a buyer of dips until we get confirmation that the crop is excellent.
Good luck today and have a great weekend.
01-25-2013 06:59 AM
I don't know about the rest of your post, but you're dead-on with your first line. I couldn't tell exactly, but it sounded like one of the babies just squeaked, "go long". Or maybe the baby was saying "you're wrong", as it sat in my lap watching me type my first daily post.