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Bonds are currently 15 lower at 159'27

Financials: Dec. Bonds are currently 15 lower at 159'27, 10 Yr .Notes 0'06.5 lower 128'18.0 and 5 Yr. Notes 0'03.75 lower at 118'24..75. Bonds rallied as equities stalled and may have put in a short term top. This rally put the Bonds into my recommended sell range of 159'28-160'08. If you sold the Bonds or shorter dated Notes use a 15 point stop from your entry level and/or a 10 point stop on either the 5 or 10 Yr. Notes.

Grains: Dec. Corn is currently 1'2 higher at 368'''0, Jan. Beans 2'4 higher at 907'4 and Dec. Wheat 3'0 higher at 518'4. Seeing as we are approaching first notice day I will be looking to trade March contracts and will start quoting the March in my next "Report", Corn is about a dime lower for the and is close to my recommended buy levels. I'll be a buyer in March Corn between 365'0 and 3.75.

Cattle: Live and Feeder Cattle are slightly lower for the week. I am still "nursing" a losing short LCZ position and awaiting an opportunity to cover in the 117.00 area.

Silver: Dec. Silver is currently 5 cents lower at 17.06 and up about 6 cents for the week. Stay long.

S&P's: Dec. S&P's are 2.50 higher at 3111.50 recovering from yesterdays low of 3090.00. This market continues to be highly volatile breaking or rallying depending on the latest political news be it trade with China or Impeachment Inquiry. Be flexible and use stops. Expected trading range: 3065.00-3125.00.

Currencies: As of this writing the Dec. Euro is 12 higher at 1.10990, the Yen 5 higher at 0.92230 the Pound36 higher at 1.2967. and the Dollar Index 11 lower at 97.700. I still like the Pound and Euro on breaks and feel as we close in on a Brexit deal these currencies will gain against the Dollar.

Author

Marc Nemenoff

Marc Nemenoff

PRICE Futures Group

Mr. Nemenoff is a 37-year veteran of the futures industry.

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