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ShelladyOptions
Senior Contributor

OptionEye - Macro Outlook - Feb 10th

Good morning. 

 

We get Coca Cola earnings this morning. 

 

Overnight, corn down 2, beans down 1 and wheat down 4. 

 

Today we have the WASDE crop report so expect a quiet session until 11:00 am when the numbers are released. 

 

The 10 year making a move above 2.00% this morning on economic recovery talk as well as a Greek/Euro positive talks. Currently it stands at 2.004%. 

 

Stocks also like the Greece talks and the S & P future is up almost 15 points. 

 

Oil is lower on supply concerns and sits at  $52.46 down .40 cents. 

 

Gold is also lower by $1.69 to $1237.30. 

 

The dollar is also marching along higher to 94.78 up .33. 

 

Today we get the NFIB Small Busienss Optimism number and Wholesale Inventories MoM. 

 

 

 

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