Senior Contributor
Posts: 1,635
Registered: ‎05-03-2010

OptionEye Macro Outlook February 14th

[ Edited ]

Good morning. 


Overnight sees corn down just over a penny, beans down 5 to 6 cents and wheat down 3 to 4. 


The dollar is basically unchanged at 100.88 down .08. 


The 10 year yield rising to 2.44% but still stuck in the range of 2.35% to 2.50%.


The stock market will open a little lower this morning with the S&P future off just over 2 points and the Dow future lower by 18 .


The crude market still stuck between $50 and $55 at $53.35 up .42 cents and gold is a little higher at $1228.96 up $3.78. 


Today we get NFIB Small Business Optimism and PPI .


Happy Valentines Day.