Sort and Cull

Headline Day-Trading Robs Cattle Complex Once Again

ShayLe Stewart
By  ShayLe Stewart , DTN Livestock Analyst
Initially, the cattle complex was rallying Monday, but reacting to developing headlines, the market's focus shifted from its bullish fundamentals to the nervous chatter of the news. (DTN ProphetX chart)
Initially, the cattle complex was rallying Monday, but reacting to developing headlines, the market's focus shifted from its bullish fundamentals to the nervous chatter of the news. (DTN ProphetX chart)
If only the market was as simple as supply and demand, consumers, and the cattle needed to produce the beef those consumers desire; wouldn't that be the day? Unfortunately, that's not how the markets operate and headline day-trading isn't going anywhere ...

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ShayLe Stewart

ShayLe Stewart
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