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ShelladyOptions
Senior Contributor

OptionEye - Macro Outlook - Oct. 21st

Good morning. 

 

Corn slightly higher, beans and wheat up 4 to 5. 

 

The rest of the world and all of its products seem to be settling down a bit. 

 

Oil is higher by 16 cents to $82.87 and Gold is higher by $2.75 to $1249.68. 

 

The 10 year is back at 2.19% after its brief visit to 1.86%. 

 

Stocks this morning are higher as companies have been beating reporting expectations. Europe is higher by .90% to 2.25%. 

 

Today we get Existing Home Sales. 

 

The dollar is higher by .21 to 85.17.

 

I think that it is important to note that things cant just settle down this quickly, this easily. We will DEFINITELY have more volatility before this is over. 

 

 

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