Quick Looks

March 19, 2019

S&P 500: The market is in a strong rally mode, signaling a potential run to new all-tie highs.

10-Year Note This market is finding willing buyers as the Fed is holding a dovish interest rate stance. Yields are going to continue to fall.

Euro Currency: The Euro has rallied off its recent lows but there’s not a lot to like about European economic growth ideas. Keep selling rallies

Gold: The gold market is going nowhere fast as long as the dollar holds its underlying strength. Look for the trading range to remain in place

Crude Oil:  Crude prices are rolling higher, approaching the $60 level. Lower OPEC production and the mess in Venezuela are major supports

Natural Gas: Nat Gas prices have settled into the lower level of its broad trading range. Winter is over and until we see some summer forecasts, price should slide

Heating Oil: The distillate market has been taken its lumps lately, falling to third place in energy complex. I love this market longer term

RBOB Gasoline: Prices are finding its seasonal rally point. Should stay strong up to Memorial Day

Soybeans: Beans prices are doing next to nothing as traders await China trade agreement. Massive supply glut limits all rallies

Corn: Corn prices also are doing not much. Traders here too are waiting on China.

THERE IS A SUBSTANTIAL RISK OF LOSS ASSOCIATED WITH TRADING FUTURES CONTRACTS.  FUTURES� TRADING IS NOT SUITABLE FOR ALL INVESTORS.