OptionEye Macro Outlook August 9th

[ShelladyOptions]

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. 

[timetippingpt]

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

what is the "fire and fury" comment referencing.

[BF2012]

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

[timetippingpt]

I should have guessed that. Thanks BF. I also enjoyed your carefully typed description 🙂

[sw363535]

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.