OptionEye Macro Outlook - Oct. 13th
Overnight grains see corn down 1, beans up 5 and wheat up 1.
Yesterday's session was very quiet with the holiday. Today sees stocks a little lower with the S&P future down almost 7 points.
Oil took it on the chin yesterday and had most of the headlines. Topday we are virtually unchanged at $4711. up .01. Gold is lower by $9.18 to $1154.67.
The 10 year is lower to 2.05% as the stock market trades lower.
The dollar is unchanged at 94.84.
Today we get NFIB SMall Business Optimism and that is it.
Re: OptionEye Macro Outlook - Oct. 13th
I wonder about these beans, alot of guys have been storing beans this year and it`s going to take higher bids to get the cutting torches out to open up them bins from here on out.