by Admin | Oct 7, 2021 | Uncategorized
Monday’s recovery above our short-term risk parameter at 48489 in the underlying Bitcoin Real Time Index discussed in 20-Sep’s Technical Blog was the first indication that Sep’s sell-off attempt...
by Admin | Oct 7, 2021 | Uncategorized
Senate reaches deal to delay debt ceiling showdown until DecemberUnemployment claims expected to show a continued slow improvement in U.S. labor market Senate reaches deal to delay debt ceiling showdown until December — The markets were relieved that Senate...
by Admin | Oct 7, 2021 | Uncategorized
US 0730 ET Sep Challenger job cuts, -86.4% y/y.0830 ET Weekly initial unemployment claims expected -14,000 to 348,000, previous +11,000 to 362,000. Weekly continuing claims expected -40,000 to 2.762 million, previous -18,000 to 2.802 million.1100 ET Treasury announces...
by Admin | Oct 6, 2021 | Uncategorized
-Ethanol production rebounds solidly-Ethanol stocks slip lower U.S. ethanol production, for the week ended 10/01/21, rose solidly to 978k barrels/day (288 million gallons/week) from 914k bpd (269 mil gal/week) the week prior, the highest production in eight weeks and...
by Admin | Oct 6, 2021 | Uncategorized
-USDA attache lowers China corn import ideas – US corn uncompetitive-Record Indian wheat crop resulting in strong exports-Ukraine raises wheat export ideas despite slight downtick in crop estimate-Russia lowers grain export ideas – wheat quota to be in...
by Admin | Oct 6, 2021 | Uncategorized
Date Time Event Period Survey Prior10/6/2021 10:30 DOE Total Fuel Ethanol Inventory 1-Oct — 20220k10/6/2021 10:30 DOE Fuel Ethanol Total Production 1-Oct — 914k10/6/2021 10:30 DOE U.S. Crude Oil Inventories 1-Oct 1000k 4578k10/6/2021 10:30 DOE Cushing OK...
by Admin | Oct 6, 2021 | Uncategorized
Democrat’s Plan B on debt ceiling should emerge after the Senate today again fails to pass a debt ceiling suspensionADP report expected to show another ho-hum increase in jobs Democrat’s Plan B on debt ceiling should emerge after the Senate today again...
by Admin | Oct 6, 2021 | Uncategorized
US 0700 ET Weekly MBA mortgage applications.0815 ET Sep ADP employment change expected +430,000, Aug +374,000.1030 ET EIA weekly Petroleum Status Report.GERMANY 0200 ET German Aug factory orders expected -2.2% m/m and +16.4% y/y, July +3.4% m/m and +24.4% y/y.0330 ET...
by Admin | Oct 5, 2021 | Uncategorized
We discussed the developing potential for a bearish divergence in short-term momentum in yesterday’s Technical Blog. This morning failure below our tightened short-term risk parameter at 82.30 CONFIRMS this divergence and defines...
