Senior Contributor
Posts: 1,608
Registered: ‎05-03-2010

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




Senior Contributor
Posts: 398
Registered: ‎05-04-2010

Re: OptionEye...Aug 5th

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

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

Posts: 571
Registered: ‎04-29-2010

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....



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

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
Posts: 262
Registered: ‎05-13-2010

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?