OptionEye Feb 24th
Ground hog day....
Perceptions of a better economic outlook have the macros on the positive side today. The Euro is stronger. The dollar is weaker and oil is better on Iranian fears and a brighter economy.
I feel as though we are still trading on hope. Not fundamentals but I will not get in the way. The 10 year is telling us that there are still some things to worry about as it dips below 2% again.
Still stuck in a range waiting for weather and acreage report.
Follow me on twitter @soapboxscott. I will try and update with relevant, market sensitive info.