he slower pace of US grain exports, and “compressed” oilseed crushing margins, drove a bigger-than-expected drop in profits at Archer Daniels Midland, which revealed a global workforce “restructuring”.
TheMexican Peso in the December contract is higher by 30 points currently trading at 5177 as I have been recommending a bearish position originally from the 5421 level then recommending adding another position around 5240 & if you took those trades the stop loss has now been lowered to 5276 as the chart structure will improve on a daily basis therefore the monetary risk will be lowered.
The Johnson Redbook Retail Sales Index was up 3.6% in the fourth and final week of October following a 3.5% gain the prior week. Month-to-date, October was up 3.5% compared to October of last year (relative to a target of a 3.6% gain).
Long-time followers of our options recommendations will likely be familiar with the acronym F.A.R., which describes the ideal trajectory for the asset underlying a purchased option -- namely, the stock's movement should be Fast, Aggressive, and in the Right direction.
The economy grew at a 3.0% annual rate in the advance estimate for the third quarter, as the hurricanes appeared to have both positive and negative effects. The figures will be revised, but the story is unlikely to change much.