Close to pulling the trigger on KWK/WK. Starting to build some strength here into a strong time of year.
Really good trade so far ... approx. -8200$ for 2700 dollar profit. How much longer are you holding? What is your exit signal?Long -1Mar Feeders/-1 May Corn/+2 Aug Live Cattle = Long the cattle feeding spread @ a margin of -10962$. There is a sort of triple bottom forming on the feeding spread and it is at the same time a GF/LE correlation play. LE crashed more than GF in the last few days.
I took out a little over $1000 in the position last month. Looking to re-enter this week.My target is around -5000$ margin. The problem is that Live Cattle will be pressured in the index rejig in the next few weeks. It's an interesting trade because it is scalable. You can try to make 50-100K out of it if you want...
Short Soybeans/ Long Wheat soon...
Guys in the office starting to get bullish on cotton and sugar...thoughts?
The soy/wheat trade worked well seasonally in the last 10 years and it makes sense fundamentally in 2015...
I have no idea for sugar and Cotton. Why do they think these markets will recover? Every piece of news seems bearish lately.![]()
Guys in the office starting to get bullish on cotton and sugar...thoughts?