Daily Market Intelligence 11/18/21

Wednesday has come and gone.

The long end of the curve ran short-term movements.

Trading the names and sectors has been akin to Bizarro world where everything is opposite the next day.

Not so in Coffee, Soybeans or Lumber, which are now a little extended.

Nasd/Bond weekly hit an objective which was all off the 30 Yr. side.

The daily just shows mid-week weakness, which is what you’d expect in a Bull market.

Take it a day at a time and a trade at a time.

Yra had the room focused on the Soybeans since last week on the thesis that Xi and Biden would strike a deal for U.S. crops.

It’s been nice move. Beans have been in rally mode since Friday.

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