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Senior Contributor

OptionEye - Macro Outlook - Aug 17th

Good morning. 

 

Very rare to have 5 Fridays, 5 Saturdays and 5 Sundays in a month. Welcome to August 2015. 

 

Overnight corn up 3, beans up 5 and wheat down 1. Now we need a little drink out there. From too wet to too dry, such is the way of agriculture. 

 

Stocks are basically unchanged with with the S & P swinging from slightly higher to slightly lower. Currently it stands almost 2 points lower this morning. 

 

The 10 year yield is slightly lower to 2.17%. 

 

Oil is under $42 a barrel to $41.83 down .67 cents. Gold is up $1.65 to to $1116.74.

 

The dollar is stronger to 96.75 up .23. 

 

Today we get Empire Manufacturing. Happy Monday. Let's get this thing started. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5

 

 

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2 Replies
Veteran Contributor

Re: OptionEye - Macro Outlook - Aug 17th

4 fridays 5 mondays

Honored Advisor

Re: OptionEye - Macro Outlook - Aug 17th

I'll give him a break on messing up the 5 Fridays.   Afterall, he did finally admit that it was too wet at some point. 

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