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ShelladyOptions
Senior Contributor

OptionEye Macro Outlook - Oct. 13th

Good morning.

 

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.

 

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BA Deere
Honored Advisor

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.

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