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Dollar Strength Spurs Long Liquidation in Coffee Futures

3 weeks 1 day ago
December arabica coffee (KCZ26 ) is down -3.25 (-1.12%) today, and November ICE robusta coffee (RMX26 ) is down -23 (-0.67%). Coffee prices are retreating today as a rally in the dollar index ($DXY ) to a 1.5-year high has prompted long liquidation in coffee futures. On Wednesday, arabica coffee...

Stocks Pressured by Rising Bond Yields

3 weeks 1 day ago
The S&P 500 Index ($SPX ) (SPY ) closed down by -0.25% on Wednesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.86%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.23%. December E-mini S&P futures (ESZ26 ) fell -0.25%, and December E-mini...

Noteworthy Thursday Option Activity: NKE, URI, BAC

3 weeks 1 day ago
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Nike (Symbol: NKE), where a total of 174,837 contracts have traded so far, representing approximately 17.5 million underlying shares. That amounts to about 51.8% of NKE's

Notable Thursday Option Activity: DELL, COHR, UPS

3 weeks 1 day ago
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Dell Technologies Inc (Symbol: DELL), where a total of 63,161 contracts have traded so far, representing approximately 6.3 million underlying shares. That amounts to abou

Noteworthy Thursday Option Activity: C, HUM, COST

3 weeks 1 day ago
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Citigroup Inc (Symbol: C), where a total volume of 128,997 contracts has been traded thus far today, a contract volume which is representative of approximately 12

Notable Thursday Option Activity: UNH, AVGO, JPM

3 weeks 1 day ago
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in UnitedHealth Group Inc (Symbol: UNH), where a total of 32,866 contracts have traded so far, representing approximately 3.3 million underlying shares. That amounts to abou

Noteworthy Thursday Option Activity: AMZN, SNPS, HD

3 weeks 1 day ago
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Amazon.com Inc (Symbol: AMZN), where a total volume of 347,656 contracts has been traded thus far today, a contract volume which is representative of approximatel

Global Supply Risks Underpin Crude Oil Prices

3 weeks 1 day ago
November WTI crude oil (CLX26 ) is up +2.28 (+2.52%) today, and November RBOB gasoline (RBX26 ) is up +0.1014 (+3.11%). Crude oil and gasoline prices are sharply higher today as talks between the US and Iran to end the war remain deadlocked, keeping the Strait of Hormuz from fully...

Stocks Climb on a Strong Forecast from Micron

3 weeks 1 day ago
The S&P 500 Index ($SPX ) (SPY ) is up by +0.17% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.40%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.15%. December E-mini S&P futures (ESZ26 ) are up +0.13%, and December E-mini...

Stocks Climb on a Strong Forecast from Micron

3 weeks 1 day ago
The S&P 500 Index ($SPX ) (SPY ) is up by +0.17% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.40%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.15%. December E-mini S&P futures (ESZ26 ) are up +0.13%, and December E-mini...

Dollar Rallies on Higher T-note Yields and US Economic Strength

3 weeks 1 day ago
The dollar index (DXY00 ) rallied to a near 1.5-year high today, up +0.34%. Soaring T-note yields are strengthening the dollar’s interest rate differentials after the 10-year T-note yield rose to a 24-year high of 5.34% today. Also, signs of strength in the US labor market are hawkish for Fed...
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