Insights and Stories of Brian Wittal

Sep. 3, 2009 at 3:01 pm CDT

Sept. 3 — I was away at meeting all day yesterday so here is a quick review of what happened in the markets for Wednesday, Sept. 2. Markets continued to struggle Wednesday as there seemed to be limited trading activity, mainly due to the fact that no real news or […]

By Brian Wittal

Sep. 1, 2009 at 5:23 pm CDT

Sept. 1 — Global equity markets continued to struggle overnight, which pulled the Dow Jones sharply lower, and that started a cascading effect in most U.S. markets today as non-commercial traders (speculators) got nervous and started to liquidate positions in most markets, making the losses even greater. Crude oil continued […]

By Brian Wittal

Aug. 31, 2009 at 5:40 pm CDT

Aug. 31 –– Global equity markets started the day off with losses and continued the trend to the close of trade, and that seemed to filter over into the financial and grain markets.  Financial markets ended down minimally on the day with the U.S. dollar down two-10ths of a cent […]

By Brian Wittal

Aug. 28, 2009 at 6:18 pm CDT

Aug. 28 — Outside markets tried to show some strength early on, but then profit-taking started to kick in and quickly stalled out that early momentum. Financial markets followed the same pattern today, with a positive opening that soon fizzled out to end the day mixed to down for the […]

By Brian Wittal

Aug. 27, 2009 at 5:57 pm CDT

Aug. 27 –– It looks like “same story, different day.” Financial markets were in a mixed mood again today as they looked for news to respond to and there really wasn’t any. The U.S. dollar is down just over half a cent today. The Canadian dollar is up 1.18 cents […]

By Brian Wittal