James Park Commodity Quotations

A lot of people are closing out positions before the weekend, with negative news escalating all over the place. After the nice move coming out of the year-end, this is a little more aggressive than usual. We need to be concerned with commodity prices and interest rates, too.

The market reacted to lower oil prices. We're going to be more based on interest rates and commodity prices for a while. There was less volatility, and trading was more uniform today.

The market is finally reacting to commodity prices. The weakness on the long end of the curve is contributing to the weakness too. We've been holding strong for this week, but everything is in a negative light today. There's a little more volatility because it's options expiration.