Reply
Senior Contributor
Posts: 1,560
Registered: ‎05-03-2010
0

OptionEye Macro Outlook August 9th

Good morning. 

 

Overnight corn is quiet and unchanged, beans are up 2 and wheat is up 2 as well. 

 

The dollar is quiet and a bit stronger at 93.60 which is down .04 today. 

 

The stock market will open lower today with the S&P future down 9 points and the Dow future down 32 points as the North Korea rhetoric heats up. 

 

The 10 year yield trades at 2.24%. 

 

The crude oil market is hovering just below $50 at $4.37 up .20 cents and gold could be making a move here as it trades higher at $1268.13 up $7.17.

 

Today we get MBA Mortgage Applications, Non-Farm Productivity and Wholesale Inventories. But, today it is going to be about the 'fire and fury' that the market will hone in on. 

 

 

Senior Advisor
Posts: 1,004
Registered: ‎05-20-2010
0

Re: OptionEye Macro Outlook August 9th

I shelter myself from the modern media haze on purpose, so a little definition, 

what is the "fire and fury" comment referencing.

Highlighted
Advisor
Posts: 286
Registered: ‎01-16-2013
0

Re: OptionEye Macro Outlook August 9th

Something about blowing the @$$ off of some little Fat Folker with a bad haircut in North Korea

Senior Advisor
Posts: 1,004
Registered: ‎05-20-2010
0

Re: OptionEye Macro Outlook August 9th

I should have guessed that. Thanks BF. I also enjoyed your carefully typed description :-)

Honored Advisor
Posts: 7,312
Registered: ‎07-18-2011
0

Re: OptionEye Macro Outlook August 9th

oh ya................. like the spin is always greater than the subject mater. 

 

I am with time..... just trying to exist outside the media diarrhetic case of self indulgence.

 

 

we-have-met-the-enemy-and-he-is-us.png