BASIC & RECENT MARKET INFO

An annual trading summary by Wright on the Market’s Eugene  While the markets are on holidays it is becoming a tradition to make a recap of our trading experience to share our growth from rookie to hopefully successful life-long futures traders. Five years ago Nick and I joined Wright on the Market. I began trading futures three years ago in January with $10,000 of joint capital. You can read previous annual entries in our blog . The goal was to enhance Nick’s and my market e

Tidbits Ukraine’s  President Zelensky's powerful chief of staff, Andriy Yermak, who has headed Ukraine's peace negotiation team, quit yesterday, hours after anti-corruption agents raided and searched his home. A wide-spread probe into high-level corruption has sparked public outrage and thrust its leadership into crisis as Trump increases the pressure on Zelensky to reach a settlement.   Crude oil: Two Russian shadow fleet tankers were struck, and likely destroyed, north of t

An annual trading summary by Wright on the Market’s Eugene   I began trading futures two years ago with $10,000 of a joint investment to...

Q&A: Trading Thursday, 24 October 2024:  "Good evening, I have a few questions.      Are there any calls for soybeans that look as good as the March call for corn?   Also, I assume you can sell these calls any time before the expiration date?   Do you guys recommend any type of app that you can buy/sell futures, calls, puts, etc? I would not mind using a broker, but we are not currently set up with a broker and I am not sure how to locate a trustworthy one. So, I thought mayb

Highlights Maersk is the world second largest ocean container shipper. Once again, Maersk is diverting all container vessels from the Red Sea route to the much longer route around South Africa's Cape of Good Hope, resulting in a huge increase of the cost of shipping. Iranian-backed Houthi militants in Yemen continue to attack cargo vessels in the region to show their support for Hamas.   World power has always been decided by who controlled the world’s trade routes. That is w

Nick and I (Eugene) began learning about the commodities market two years ago with Roger’s and Olga's help. Previously, we had some...