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Senior Contributor

OptionEye Morning Market Macro Outlook - April 15th

Tax day.

 

Interesting quote from Ronald Reagan that I just couldn't pass up....'To Republicans, everyday is the 4th of July, to Democrats, everyday is April 15th'. So now you probably can guess where I stand.  ;-)

 

Anyway, corn down 3, soybeans up 8 and wheat down 2. Corn easier as planting concerns ease. Soybeans still don't want to give up that $15.00 level.

 

Stocks came back from the dead yesterday afternoon and continue that thread today as Coke slightly beats expectations.

 

Gold is getting hit hard and is down $$24.49 to $1303.50. Oil is off .98 cents to $103.07.

 

The 10 year yield strengthened to 2.65% up from 2.62%.

 

The dollar is stronger and is at 79.86 up .13.

 

Getting increasingly quieter here as the holidays kick in....be careful.

 

 

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Honored Advisor

Re: OptionEye Morning Market Macro Outlook - April 15th

Shame on you Scott, the "off-topic" nazi`s will be looking for you   Smiley Wink

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Veteran Advisor

Re: OptionEye Morning Market Macro Outlook - April 15th

Scott,

 

We knew you were a republican.......remember the glass is half full.

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