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Market Movers Video Looking ahead to the February 8 Crop Report Industry experts Dave Hightower, Founding Principal of The Hightower Report, and Dan Basse, President of AgResource Company, preview the February 8 USDA report discussing corn and soybean yields in advance of its publication.
On a different note and due to the crazy/historical volatility we are witnessing in stock indices, please read what I wrote yesterday once more:
The last few days volatility reminds me of 2008 days….I am not implying that this is what will happen but as far as volatility, risk and sharp market moves – Make sure you are aware and understand the environment we are in. This is NOT the same market personality from the past few months.
My advice when volatility picks up like this is: reduce trading size. Widen your “bands” understand what risk you are willing to take and trade accordingly.
Another thing to keep in mind is: LIMIT MOVES.
I recommend taking a few minutes and reading more about it ( especially if you trading stock indices) at:
http://www.cmegroup.com/trading/equity-index/faq-sp-500-price-limits.html
