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Tom Farley's Wheat Trading Journal
DISCLAIMER: THERE IS A POSSIBILITY THAT I COULD BE WRONG.
Minneapolis Grain Exchange seats are cheap. Everyone should buy one...and then buy one for a friend.
Friday, May 7, 2010
No Insights; No Opportunities; No Trading
Similar wheat market action to the previous couple of days, but everything ended very little changed today.
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Puzzling over the Cash Basis Levels
Leaving the Party ...Again
Wheat Still Pinned to the Floor
No Miracle Close Here...
Commercial Buying Here?
Fresh Look at the Market
Leaving before the Party's Over
We Wait for Wheat to Wilt
Adding Here, Reducing There...
Wheat Supplies Weigh on Calendar Spreads
Some Bullish Factors in Grain
USDA Report Sinks In
More Contrary Wheat Price Action
USDA Report Drives Wheat to...Unchanged
No Bailout for Wheat
No Insights; No Opportunities; No Trading
Liquidation Dynamics Continue in Wheat
Trend-Following Shorts Continue to Exit Wheat
Speculators Cut Back on Risk, Wheat Goes Higher
Lack of Conviction Stymies Westchester Wheat Trader
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