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Sun, Oct 6th, 2024

Chris Swift

Chris Swift

Chris Swift is a commodity broker with 34 years of risk management experience in the livestock and grain futures markets for producers as well as institutional clients. As the principal broker of Swift Trading, Chris Swift is based in Nashville, TN,  with a branch office in Delray Beach, FL managed by Chris Winward.  In addition to offering brokerage services, Chris Swift authors two daily commentaries and hosts RFD-TV's Market Day Report as a commodity analyst. For more information or to sign up for a free 30-day commentary trial, visit www.swifttradingco.com

Most Recent Stories

Shootin' the Bull About this week's Cattle, Grain and Energy Trade

In my opinion, this week's trade was influenced as much by headlines as much as fundamentals.  With the port strike being at least temporarily resolved while negotiations continue, It takes one of the...

Shootin' The Bull About Today's Cattle, Grains and Energy Trade

Live cattle closed in the red with the October contract down $1.40 on the day.  Yesterday's move was attributed to money flow and news of cash trade in Texas starting at 186 and 187 Ia/Mn.  It was on...

Shootin' the Bull About Cattle Strength in Today's Trade

Today's strength in the livestock futures was impressive with fats, feeders and hogs all posting solid gains.  The November contract led the way closing up $3.72 @ 248.40.  In the fats, the December...

Shootin' the Bull about Cattle, Grains and Port Strikes

In my opinion, today's price action in much of the commodity complex was driven by outside market influences related to port strike headlines and rocket attacks in Israel from Iran.  Yesterday's friendly...

Shootin' The Bull About Monday's Trade

Last week's higher cash trade on Friday surprised many traders with mostly $1-2 higher in the south and $2-3 higher in the north.  It was on light volume and given the increase in weights and boxes below...

Shootin' the Bull about a lot of price action this week

In my opinion, a whole lot of market action took place this week for which most had no answer for, myself included.

Shootin' the Bull about unexplainable price action

Price action today is pretty much unexplainable, without some conspiracy theories.

Shootin' the Bull about not much of anything

Price action today was seemingly of a lot of traders not knowing what to do.

Shootin' the Bull about basis and don't look a gift horse in the mouth

Basis has been swapped to negative, evened, or narrowed greatly.  What once was unavailable is now available.

Shootin' the Bull about a little reprieve.

The work done on Thursday and Friday of last week is believed adequate for what is currently known.  Futures traders didn't disappoint in narrowing basis back for producers to market into.

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Hedge Funds are now the least bullish on Mag 7 stocks since May 2023 👀 https://t.co/AS28spjHL2
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Potential Head & Shoulders for $ARM https://t.co/fNgmTdmNo3
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It's time to sell Utility Stocks warns the Chartmaster Carter Worth https://t.co/hN7ZbTHTcQ
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Bullish Bets on Crude Oil are surging! November 100 call options see the highest open interest on record 🚨 https://t.co/Oj2S20dcsg
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Student-Loan Delinquencies are about to rise substantially warns Deutsche Bank 🚨 https://t.co/NzYbmP1FqY
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BREAKING 🚨: Nike $NKE just not doing it https://t.co/Hsoighl5xQ https://t.co/KScRZ1TWub
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S&P 500 performance following a 20%+ gain through the first 9 months of the year. Bullish! 🐂 https://t.co/1SgjEumx6T
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Global Liquidity entering the next bullish phase in a long-term cycle https://t.co/sGPKyymZZh
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Crude Oil posts biggest weekly gain since March 2023 🚨 https://t.co/PxRe3JjHqc
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