OptionEye Morning Market Macro Outlook - April 15th
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.