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Senior Contributor

OptionEye - Macro Outlook - Nov. 11th

Good morning. 


Overnight, corn a tad lower, beans up 2 and wheat down 3. 


Again, stock futures slightly higher  as we levitate into year end. 


The 10 year yield is at 2.36% after a lackluster 3 year bond auction yesterday. Traders got nervous about a bad 10 year auction and a bad 30 year auction later this week and sent bonds lower/yields higher. 


Oil is lower by .20 cents to $77.20 and gold is up $5.00 to $1156.44. 


The dollar is a little stronger at 87.86 up .o5. 


Economic data today is very llight. NFIB Small Business Optimism. 


Thank you to all the veterans out there. You are appreciated. 



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