Insights and Stories of Brian Wittal

Dec. 2, 2009 at 7:06 pm CST

Dec. 2 — Outside markets were mixed today, with gold continuing to climb while financial and energy markets ended with losses on the day as the U.S. dollar rose a quarter of a cent. Grains showed losses across the board as profit-taking was the focus of the day. Gold closed […]

By Brian Wittal

Dec. 1, 2009 at 6:39 pm CST

Dec. 1 –– Outside markets showed good strength, with gold reaching new all-time highs and the Dow Jones hitting its highest level so far for 2009. The U.S. dollar continued to drop, which helped spur buying of commodities. Grains followed the momentum, but that soon stalled out and sent things […]

By Brian Wittal

Nov. 30, 2009 at 7:26 pm CST

Nov. 30 — Markets were mixed at the open, but as the day went on, buying interest seemed to improve and we saw some nice gains in most markets, especially grains. The trade seemed to put the Dubai news aside and ignored it as the day went on, which hopefully […]

By Brian Wittal

Nov. 27, 2009 at 7:09 pm CST

Nov. 27 — Alarming news out of Dubai that Dubai World could default on some of  its estimated US$59 billion debt sent financial markets tumbling, pulling all other markets down as well. As the day went on we did see a retracement in grains, as the U.S. dollar backed down […]

By Brian Wittal

Nov. 26, 2009 at 7:01 pm CST

Nov. 26 — With the U.S. markets closed for Thanksgiving there wasn’t a lot of activity on the Canadian side today. The Canadian dollar closed down 1.47 cents today at US94.17 cents. The Dow Jones December quote closed down 179 points at 10,263 today. Crude oil closed up $1.73 today […]

By Brian Wittal