Investors were cautioned over the potential for a rally in corn prices, after hedge funds raised bearish betting on the grain to a record high, while taking a less negative view on sugar and wheat prices.
By now, just about every major financial media outlet has published an article questioning how much longer General Electric (GE) can continue in its current, beaten-down state before it's unceremoniously booted from the Dow Jones Industrial Average (DJIA).
Subject: market talk Informa est US 2018 corn acres near 91.4 mil vs 90.4 last year. Crop of 14,629 mil bu vs 14,578 ly Informa est US 2018 soybean acres near 89.6 mil vs 90.2 last year. Crop of 4,397 mil bu vs 4,425 ly
Gold futures in the December contract settled last Friday in New York at 1,274 an ounce while currently trading at 1,284 up about $10 for the trade week right near a 4 week high as I will be recommending a bullish position if prices close above 1,290 while then placing the stop loss under the 10 day low standing at 1,269 risking $2,100 per contract plus slippage and commission as the chart structure is outstanding at the present time due to very low volatility