OptionEye Macro Outlook July 18th

[ShelladyOptions]

Good morning. 

Overnight sees corn up over 8 cents, beans 11 and wheat 7 to 8. 

The dollar is weaker at 94.68 which is down .44. 

The stock market will open mixed with the S&p future steady to a bit easier and the Dow future up 9. 

The 10 year yield sits at 2.30% weathering the storm of bad data. 

The oil market trying to find its feet at $46.13 up .11 cents and gold trading a bit better at $1237.30 up $3.26. 

Today we get the Import Price Index, the Export Price Index, the NAHB Housing Market Index and TIC Flows. 

[Mizzou_Tiger]

If you had a pile of money in the stock market dating back to spring of 09. What would you do with it right now

Asking for a friend!!!

[ihtractortherap]

Turn it to cash, treasuries or buy that farm you always wanted

[timetippingpt]

Great data on the fact that you should take it out of paper and put it in to hard assets. I'd convert it into sugar, silver, and short-term Tbills. Shift it back into stocks in 2020/2021. 

I would NOT buy farmland. It is grossly over-valued. Since we hold all of our assets in land, I also would not sell any. Just for this guy, a terrible time to buy land in terms of timing and valuation.

[clayton58]

what about the quarter next door that you've been eyeing for years, when it finally comes up for sale?

[hanktbd]

Nothing looks real good right now. Heavy in cash. Spread the rest around. Buy some Dec Corn and Nov Beans. Buy a little Apple. Buy a little Berkshire Hathoway and Exxon Mobile. Sit back and watch the show. Opportunities will arise. Just not sure where. Farm Ground might get cheap in some areas real soon.

[Mizzou_Tiger]

I have always strived to be diversified. So this has nothing to do with land or farming. It is investment that will be used as a retirement down the road, so I have no plans to tie it into farming. I just wanna protect what I consider dumb luck timing stepping in during the gutting and riding it for 8 years.

And I am at a loss to what I should do.