Bower Market Strategy Report: Get Ready for A Wild Ride

first_img Bower Market Strategy Report: Get Ready for A Wild RideLast week was a good example of what we can expect in the market for the next several months, says Jim Bower. Big moves up and big moves down, “Volatility from here on in is going to be the norm. I don’t think the market is going to be quiet. I don’t think it will be relaxed. I think there is going to be a lot of uncertainty and a lot of up and down.” He added that farmers and investors are going to have to be ready with their strategy.Bower says the wheat market will be especially volatile given the weather in the west and the very low winter wheat acres, “Since last fall, we have not had optimal weather condition in about the western 45% of the winter wheat belt and with acreage at a 109 year low. Any threat to yield will really impact this market.” He said the wheat market is very oversold and anything that threatens yield as the crop comes out of dormancy will spark a big market reaction.For more information, contact Bower Trading at 1-800-533-8045. This material has been prepared by a sales or trading employee or agent of Bower Trading Inc and is, or is in the nature of, a solicitation. This material is not a research report prepared by Bower Trading Inc. By accepting this communication, you agree that you are an experienced user of the futures markets, capable of making independent trading decisions, and agree that you are not, and will not, rely solely on this communication in making trading decisions.DISTRIBUTION IN SOME JURISDICTIONS MAY BE PROHIBITED OR RESTRICTED BY LAW.  PERSONS IN POSSESSION OF THIS COMMUNICATION INDIRECTLY SHOULD INFORM THEMSELVES ABOUT AND OBSERVE ANY SUCH PROHIBITION OR RESTRICTIONS.  TO THE EXTENT THAT YOU HAVE RECEIVED THIS COMMUNICATION INDIRECTLY AND SOLICITATIONS ARE PROHIBITED IN YOUR JURISDICTION WITHOUT REGISTRATION, THE MARKET COMMENTARY IN THIS COMMUNICATION SHOULD NOT BE CONSIDERED A SOLICITATION.The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of future results. Trading advice is based on information taken from trades and statistical services and other sources that Bower Trading Inc believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. Bower Market Strategy Report: Get Ready for A Wild Ride SHARE SHARE Home Indiana Agriculture News Bower Market Strategy Report: Get Ready for A Wild Ridecenter_img Previous articleFood Police Find it Hard to Adjust to the New RealityNext article2016 Indiana Land Values Decline in Farm Credit Analysis Gary Truitt Facebook Twitter Facebook Twitter By Gary Truitt – Feb 19, 2017 last_img read more

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