Happy Thanksgiving everyone. Although it has been a very challenging year in both operating and marketing, it is a time to be thankful for Faith and Family first and foremost and friendship next. Most of you are very good friends and have been for many years. For that we are grateful.
Trump signed the Hong Kong deal yesterday at 5pm after the close and obviously someone in the market knew that during the day. However, today the news is reporting this will not affect the trade deal. Also, as we mentioned in our video this week, demand is really coming back for US corn and all domestic Ag industry groups are improving with poultry , eggs and ethanol leading the way. Normally, best opportunities occur when things are really upside down. To wrap things up, I thought you would enjoy this audio report from JSA cash-related traders. They have good perspective. I attached the report. You will hear a very smart group of guys discussing how upside down things are.
If you missed this weeks video report also talking about demand and charts, click on this.
Subject: webinar weekly Meeting at 1:30
Again, enjoy the holiday.
The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. AgMarket.Net is the Farm Division of John Stewart and Associates (JSA) based out of St Joe, MO and all futures and options trades are cleared through ADMIS in Chicago IL. This material has been prepared by an agent of JSA or a third party and is, or is in the nature of, a solicitation. By accepting this communication, you agree that you are an experienced user of the futures markets, capable of making independent trading decisions, and agree that you are not, and will not, rely solely on this communication in making trading decisions.
Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of future results. Trading infromation and advice is based on information taken from 3rd party sources that are believed to be reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades.
The services provided by JSA may not be available in all jurisdictions. It is possible that the country in which you are a resident prohibits us from opening and maintaining an account for you.