Archive for the ‘Uncategorized’ Category

Are Human Traders Going Extinct?

The question posted to me by a friend in Singapore was thus- Are human traders an endangered species? It appears that they are at the larger trading firms and investment banking houses. To wit, check this WSJ article out- Morgan

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Early Grain Open on Friday

Floor Opens at 7:20 a.m. CT for CBOT Grains and Oilseeds Friday, August 10, 2012 Floor trading for CBOT Grain and Oilseed futures and options will open at 7:20 a.m. CT on Friday, August 10 due to the release of

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Poway school district insane funding scheme

Let me get this straight- Poway school district in California needs $105 million to finish upgrading it’s schools but instead of doing what most consider normal- raising taxes or doing a bond offering these crooks are going for this loan

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USDA crop estimates out August 10

The USDA will release it’s first survey results for corn and soybeans on Friday. Before this, only the best estimates were being tossed about. For Friday’s number, the USDA is actually using results from farmers around the country. Currently, the

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Gas Prices Surge on Deluge of Bad News

Nightmare at the gas pump. It was a weekend of horror for drivers in the Midwest if they dared to pull up to the gas pump. A series of events conspired to create a historic gas price spike and ultimately

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Catch Greg Hadley on First Business News!

http://firstbusinessnews.com/videos.php?video=2734a0f6faa543a7af22a9ac12f2a25f

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IRS taxes Olympic Gold

So, let me get this straight…. An athlete practices God knows how long, enduring who know’s what to finally get to the top of the pack in the US. Then, they head off to London to do battle with athletes

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Knight Mare on Wall Street

First, it was the Flash Crash…. Now it’s untested algo programs that do not differentiate the difference between he bid and the ask….. Apparently, instead of trading the way humans do, it sold into the bid and bought the offer

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Corn and Ethanol; Stocks, Prices and Implications

August 1, 2012 An Update on RIN Stocks and Implications for Meeting the RFS2 Mandates with Corn Ethanol The drought conditions experienced in 2012 have raised concerns over rationing corn usage for the remainder of the 2011/12 and into the

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Global Manufacturing contracts again.

The new ISM numbers came out and they show little change- 49.8 vs 49.7 in June. Anything below 50 shows contraction, over 50 shows expansion. As we spoke a few days ago, the global economy appears to be cooling off,

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