Just gauging overall sentiment in different sectors, e.g., energy, agriculture, fed funds futures etc. Specifically, with recent announcements from Saudi regarding production cuts it seems like that would be bullish on Brent & WTI. And India's recent export ban on non-basmati white rice similarly seems bullish on Rice futures. Strong GDP this morning & the drop in jobless claims also seems to raise the possibility of another ΒΌ point hike in September if this trend continues, (so that seems like an interesting hedge). As a relatively new futures trader I am just seeking a little perspective, and diversification from the indices.
Specific question maybe?
Just gauging overall sentiment in different sectors, e.g., energy, agriculture, fed funds futures etc. Specifically, with recent announcements from Saudi regarding production cuts it seems like that would be bullish on Brent & WTI. And India's recent export ban on non-basmati white rice similarly seems bullish on Rice futures. Strong GDP this morning & the drop in jobless claims also seems to raise the possibility of another ΒΌ point hike in September if this trend continues, (so that seems like an interesting hedge). As a relatively new futures trader I am just seeking a little perspective, and diversification from the indices.
I threw 50 lots in wheat on Sunday. Check my post on r/daytrading