Pivot for Profits

Monday Commentary and Trading Levels

Good Morning Traders Last week Monday, equity index futures opened at or above their respective R1's. It held those levels and had a modest rally to set the tone for the week ahead of last Friday's Unemployment report. Monday's trading action was the "follow through" day equities were looking for, [...]

Market Insight

Contra-Seasonal Rally in Feeders to Continue?

As of this writing the cash cattle markets hadn't traded on the day in the TX/OK/NM region. The LCJ0 is posting a a 22 point gain. Feeder Cattle are fairing pretty well yet again with the FCJ0 @ +57. Much of the reason for the gain today was the decline in prices of both Corn and Soymeal. Corn sho [...]

Trade The Market

Gallows Pole

"Friends, did you get some silver? Did you get a little gold? What did you bring me to keep me from the gallows pole." - Led Zeppelin. We been talking about gold for centuries. The Gold rush took place in the 19th century pretty much all over the world - The United States, Australia, [...]

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