Wheat futures saw double digit pullbacks on Tuesday. For SRW the board was 8 to 11 ½ cents lower, and that pulled the July contract back to the Bollinger midline. KC futures were 9 ¾ to 12 ¼ cents lower across the front months, with July HRW near its Bollinger...
Hogs were ~10 cents off their daily lows for 7 to 32 cent losses in the nearby contracts. Futures were initially higher for the Tuesday session, having traded up by as much $1.05 for the session highs. April finished the day as the outlier with a 42 cent gain. USDA’s...
Old crop cotton closed 80 points off the session highs, but still 116 to 139 points in the black. New crop futures were also higher, but ended ~10 points off the session high for 10 to 30 point gains. Analysts are looking for Thursday’s Planting Intentions report to show between...
The July ’24, Aug ’24, and Jan ’25 contract held over the $12 mark for the close after the 7 to 10 ¼ cent losses on Tuesday. The other front months were below the round number and closed near their session lows. Soymeal futures ended Tuesday with $1.60 to $1.90...
Fat cattle futures were $3.10 to $3.55 lower across the front months. The June contract bumped against the 100-day moving average for the session low – which was the weakest print since late January. Feeders also fell by as much as 2.13% across the front months with $5 losses. USDA...
Corn prices faded through Tuesday and ended the day at or near their lows with losses of over a nickel. New crop futures were down by 6 ¾ cents on Tuesday. Safras and Mercado reported Brazil’s corn planting as 97.3% for 2nd crop as of 3/22. That compares to 94.7%...
The Bank of Japan has ditched its dovish forward guidance in favour of a more "data-dependent" approach to policy deliberations after ending negative rates, sources say, keeping the door open for another near-term hike in borrowing costs.
The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.36%. Stock indexes Tuesday gave up an early advance and posted moderate losses. Nvidia fell...
Linde (LIN) closed the most recent trading day at $467.55, moving +0.14% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.28%. On the other hand, the Dow registered a loss of 0.08%, and the t
Linde (LIN) closed the most recent trading day at $467.55, moving +0.14% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.28%. On the other hand, the Dow registered a loss of 0.08%, and the t
T-Mobile (TMUS) closed the latest trading day at $161.10, indicating a -0.01% change from the previous session's end. This move was narrower than the S&P 500's daily loss of 0.28%. Elsewhere, the Dow lost 0.08%, while the tech
The dollar index (DXY00 ) on Tuesday rose by +0.06%. The dollar on Tuesday recovered from early losses and posted modest gains. Strength in quarter and month-end demand for the dollar lifted prices Tuesday. Strength in stocks Tuesday has curbed liquidity demand for the dollar. Tuesday’s US economic news was...
May WTI crude oil (CLK24 ) on Tuesday closed down -0.33 (-0.40%), and May RBOB gasoline (RBK24 ) closed down -4.31 (-1.58%). Crude and gasoline prices on Tuesday closed moderately lower, with gasoline falling to a 1-week low. A stronger dollar (DXY00 ) Tuesday weighed on energy prices. Also, an...
April Nymex natural gas (NGJ24 ) on Tuesday closed down by -0.040 (-2.38%). April nat-gas prices Tuesday sank to a 3-3/4 year nearest-futures low. Nat-gas prices have been hammered over the past two months. The overly warm winter in the northern hemisphere and the outlook for warm early spring US...
In trading on Tuesday, shares of Lumentum Holdings Inc (Symbol: LITE) crossed below their 200 day moving average of $48.97, changing hands as low as $48.31 per share. Lumentum Holdings Inc shares are currently trading off about 5.2% on the day. The chart below shows the one ye
The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the ope
Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of Williams Cos Inc (Symbol: WMB) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.9), with the stock changing hands as low as $37.98 on the day. Divid
Looking at the universe of stocks we cover at Dividend Channel, in trading on Tuesday, shares of Equity Lifestyle Properties Inc (Symbol: ELS) were yielding above the 3% mark based on its quarterly dividend (annualized to $1.91), with the stock changing hands as low as $63.47 on
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
In trading on Tuesday, shares of Phreesia Inc (Symbol: PHR) crossed above their 200 day moving average of $23.67, changing hands as high as $23.72 per share. Phreesia Inc shares are currently trading up about 2.8% on the day. The chart below shows the one year performance of P