Positions Going Into Weekend

STOCKS
Symbol Position Date
Position
Opened
Price
Position
Opened
Week
Closing
Price
Percent
Change
FUTURES
Symbol Position Date
Position
Opened
Price
Position
Opened
Week
Closing
Price
Percent
Change
6B Long 4/4/23 1.253 1.2437 -0.74%
GC Long 4/4/23 2030 2024.2 -0.29%
MBT Long 3/14/23 26150 28060 7.30%
ZB Long 134.3125 133 -0.98%
Total Open Profit/Loss Futures 5.30%

Trouble for Regional and Local Banks

Small banks appear to be borrowing expensive money.

Small banks are the lifeblood lenders and financiers for small businesses and the job market. The fact that they are getting these expensive loans means something is going on. It could possibly be that commercial real estate, which heavily affects regional banks, is having issues with high vacancy rates. Problems for these regional and local banks will eventually hit the labor market. Any rally in US markets will be short lived.

Positions Going Into Weekend

STOCKS
Symbol Position Date
Position
Opened
Price
Position
Opened
Week
Closing
Price
Percent
Change
Total Open Profit/Loss Stocks 0.00%
FUTURES
Symbol Position Date
Position
Opened
Price
Position
Opened
Week
Closing
Price
Percent
Change
CL Short 3/16/23 69 69.26 -0.38%
MBT Long 3/14/23 26150 27925 6.79%
ZW Short 3/2/23 720 690 4.17%
Total Open Profit/Loss Futures 10.58%

Crude Oil Update

Crude oil appears to have made a headshot doji today at the resistance level. This is very bearish. I am still short with my stops sitting at 72.6.

Stops to Breakeven

My stops for soybeans and wheat have been moved to a breakeven point.

For bitcoin, half of my position is still at the original stop and the other half has been moved to a breakeven point.

Soybeans-Possible Top

Soybeans completed a possible rectangle top Friday. I have sell limits working to short soybeans at 1468 with a stop set at 1480 and a target of 1420.