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Senior Contributor

OptionEye Macro Outlook July 20th

Good morning. 


Overnight sees corn up 3 cents, beans up 7 to 8 and wheat down 3 cents. 


The dollar still stinks but not as much and has rallied .25 points to 95.03. 


The stock market will open a little higher this morning with the S&P future up almost 2 point and the Dow future up 15 points.  


The 10 year yield still showing signs of economic trouble as it trades at 2.26%.


The oil market recovering a bit at $47.15 up .03 cents. Gold is drifting at $1237.92 down $3.30. 


Today we get Initial Jobless Claims, Continuing Claims, the Philadelphia Business Outlook, the Bloomberg Consumer Comfort Index and the Leading Index. 


Stocks close from record high to another......

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