Archive for July 2020
USDA Crop Report Shocker Sends Corn Futures Surging
Chicago corn futures surged 8% in the last two sessions after a massive reduction to the U.S. government’s acreage estimate reported Reuters. The U.S. Department of Agriculture’s (USDA) crop report on Tuesday showed farmers planted 92 million acres of corn in 1H20, which was a huge miss in expectations and 5 million acres below the USDA’s March forecast of 97 million acres.…
Read More“Red Flags Galore”: Companies Sold A Mindblowing $113 Billion In Stock In Q2
When it comes to bearish market flow red flags, aggressive selling of stock by corporate insiders is traditionally viewed as the biggest red flag – after all, nobody knows the prospects for their companies better than the people who run them – followed closely by companies selling stock. The logic is simple: why sell today…
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