Tag: option trading
Are Soybean Prices Cheap ?
Soybean Futures—Soybean futures in the November contract is trading higher for the 3rd consecutive session continuing it’s bullish momentum up another 9 cents at 10.73 a bushel as there are still concerns about weather conditions in the country of Brazil which is the 2nd largest producer in the world. I have been recommending a bullish position from the 9.14 level…
Read MoreLooking To Buy Heating Oil
Source: Getty Images Heating Oil Futures—Heating oil futures in the December contract is trading higher by 120 points at 1.1785 breaking a 3-day losing streak as prices are still hovering right near a 6 week high. I have not talked about this commodity for quite some time, but I do believe that a possible bottom has been formed as I…
Read MoreWheat Prices Higher 4th Day In A Row
Wheat Futures—Wheat futures in the December contract is trading higher for the 4th consecutive session up another $0.02 at 6.27 a bushel as prices have hit another 5 year high as fundamentally and technically speaking this commodity remains strong. I have been recommending a bullish position from the 5.40 level and if you took that trade continue to place the…
Read MoreAre Soybean Prices Going To $11 ?
Soybean Futures—Soybean futures in the November contract settled last Friday in Chicago at 10.65 a bushel while currently trading at 10.52 ending the week on a sour note as prices are still hovering right near a 3 year high. I have been recommending a bullish position from around the 9.14 level over the last couple of months and if you…
Read MoreStay Long The Soybean Market !
Soybean Futures–Soybean futures in the November contract is trading higher for the 3rd consecutive session up another $0.10 at 10.54 a bushel continuing it’s bullish momentum as I still believe there is more room to run. I have been recommending a bullish position from the 9.14 level and if you took that trade continue to place the stop loss under…
Read MoreCan Soybean Meal Hit $400 ?
Soybean Meal Futures—Soybean meal futures in the December contract settled last Friday in Chicago at 338 a ton while currently trading at 352 as prices have hit a 27-month high continuing it’s bullish momentum higher for the 3rd consecutive session. I have been recommending a bullish position over the last month from around the 299 level and if you took…
Read MoreVolatility Remains High In Soybean Meal
Soybean Meal Futures—Soybean meal in the December contract settled last Friday in Chicago at 342 a ton while currently trading at 339 down slightly for the trading week as prices hit a 2 year high in Wednesday’s trade as the trend remains to the upside. I have been recommending a bullish position from around the 299 level and if you…
Read MoreSoybean Meal Remains Bullish Despite Sell Off
Soybean Meal Futures—Soybean meal futures in the December contract settled lower reversing earlier gains while currently trading at 322.0 down 260 points right near session lows. Soybean meal traded as high as 328 on the night session as this market still remains bullish despite today’s sell off as soy oil was sharply higher as the whole complex still remains strong.…
Read MoreI Remain Bullish Soybeans
Soybean Futures—Soybean futures in the November contract which is considered the new crop and will be harvested in the month of October settled last Friday in Chicago at 9.68 a bushel while currently trading at 9.83 continuing it’s bullish momentum s prices are right near a 27-month high. Soybean prices settled last Friday in Chicago at 9.68 a bushel while…
Read MoreHow High Are Soybean Prices Going ?
Soybean Futures—Soybean futures in the November contract settled last Friday in Chicago at 9.04 a bushel while currently trading at 9.48 up around $0.45 for the trading week as prices have now hit a 7 month high. Fundamentally speaking this situation has turned bullish as China has come back into this market coupled with the fact that there are sections…
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