MURICO.com Forum

The CME component on the kill for - - -

7/29/15 was up 0.31 to 78.67. I'm seeing a "Gap" of 1.23 with the QQQs being premium to the component. It appears that the down-trend in the Index has reversed so I'm thinking the index will move up enough to close that "Gap". After today, there will only be 11-days to sweat that one out. I will be sweating all 11 of those days but shortly ITZ will kiss the QQQs good bye and move onto the VVVs.

The 6-day moving average carcass weight firmed to 210.39#. That is -3.29 yr/yr but +7.38# over 2013.

In looking at the V/Z spread, 4.0 looks to be too dear of a spread so I have placed an order to sell. I may have waited too late in the day to get my order in but you never know how fickle fate will move the markets.

Best wishes,

dhm