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ShelladyOptions
Senior Contributor

OptionEye Macro Outlook - Dec. 7th

Good morning.

 

Overnight grains see corn down 1, beans up 1 and wheat up 4.

 

Stocks look to open a little higher today as the S&P future is up almost 5 points in early trade. The Dow future is up 37 points.

 

The 10 year yield is at 2.26% as we await the Fed's move next week.

 

The oil market again is trading lower to $39.24 down .73 cents. Gold is lower and currently trades at $1082.65 down $4.20.

 

The dollar will be in the headlines and currently is up .45 to 98.81.

 

No real solid market indicators today except for WASDE at 11:00 CST. 

 

 

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