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ShelladyOptions
Senior Contributor

OptionEye Macro Outlook November 11th

Good morning. 

 

Happy Veterans Day. We thank you. 

 

No fixed income today so bonds and eurodollars are closed with the banks. Could be a quiet one because a lot of people are out. 

 

Overnight grains see corn down 2, beans up 8 and unchanged. Good to see the bean market staying strong. 

 

The equities are open with the S&P future down 10 and the Dow future down 55 points. 

 

The oil  market is lower as well to $44.00 down .66 cents. Gold is still slipping to $1258.03 down .90 cents. 

 

The dollar is quiet at 98.80 down .02. 

 

Today's economic indicators are few and far between. We only get the University of Michigan Sentiment Survey. 

 

Have a great weekend. 

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