Money flow and fund positions influenced markets Friday and for the week and overshadowed fundamentals. Garrett Toay AgTraderTalk explains.
Money Flow and Fund Positions Dominate Trade Friday and For the Week, Overshadow Fundamentals
Money flow and fund positions influenced markets Friday and for the week and overshadowed fundamentals. Garrett Toay AgTraderTalk explains.
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The grain markets saw an ugly October with huge losses on fund selling. Brian Grete with CommStock Investments says he’s not sure if the fund selling is done.
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Shawn Hackett of Hackett Financial Advisors says with wheat falling nearly $2 off the Sept. 2 contract highs, it isn’t a surprise that China and other buyers would see it as an opportunity to buy.
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