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The Wrong Lessons of Pizza Day

2 years 5 months ago
Bitcoin Pizza Day offers a time to reflect on the infamous trade of 10,000 bitcoin for 2 Papa John's pizzas. From "Fiat Ruins Everything" by Jimmy Song.

Hog Continue Slide on Wednesday

2 years 5 months ago
Lean hogs are continuing to slide on Wednesday, as contracts are down 80 cents to $1.25. USDA’s National Average Base Hog negotiated price was reported at $87.02 on Wednesday morning, down $1.47 from day prior. The CME Lean Hog Index was down 21 cents on May 20 at $92.01 USDA’s...

Cotton Pushing Limit Gains on Wednesday

2 years 5 months ago
Cotton are trading with limit gains in the July contract so far on Wednesday, with other contracts up 145 to 216 points. The outside market factors are again not supportive, with crude oil 38 cents lower and the US dollar index 69 points higher. ICE certified cotton stocks were up...

Cattle Keep Rally Moving on Wednesday

2 years 5 months ago
Live cattle are keeping the line moving as we move through midweek trade, up 80 cents to $1.25 in most contracts at midday. Cash trade this week has been quiet so far, with a few light trades of $192 in the north being picked up. The Wednesday Fed Cattle Exchange...

Corn Posting Gains, As EIA Reports Increases Ethanol Output

2 years 5 months ago
Corn futures are trading with 2 to 4 cent gains on Wednesday, following positive EIA data. The weekly EIA petroleum report showed 1.019 million barrels per day in ethanol production during the week that ended on May 17, a 19,000 bpd increase over the previous week. Stocks saw a draw...

Soybeans Pushing Back Higher on Midweek Trade

2 years 5 months ago
Soybeans are trading with midday gains of 6 to 10 ¼ cents on Wednesday. Soymeal are up $3.10/ton in the front months. Soy Oil is also trading higher, with 71 point gains in July at midday. Weekly Export Sales data released by the USDA is expected to show 275,000-550,000 MT...

Wheat Pulls Back After Hitting 10-Month High

2 years 5 months ago
The wheat complex is pulling back at midday despite early strength. Chicago contracts hit a 10-month high in the front month continuation chart overnight, but are now down 1 to 2 cents. Kansas City futures are still being held up with drier crop prospects over the next week, up fractionally...

Wednesday Sector Laggards: Energy, Utilities

2 years 5 months ago
The worst performing sector as of midday Wednesday is the Energy sector, showing a 1.5% loss. Within that group, Schlumberger Ltd (Symbol: SLB) and Targa Resources Corp (Symbol: TRGP) are two large stocks that are lagging, showing a loss of 3.3% and 2.9%, respectively. Among en

Is It Too Late to Buy Viking Therapeutics Stock?

2 years 5 months ago
Up 260% so far this year, shares of Viking Therapeutics (NASDAQ: VKTX) are a hot commodity thanks to its increasingly promising therapies in development to treat obesity. But as wise investors know, buying a small biotech stock immediately after it has significantly gained in val

Why I Keep Loading Up on These 2 Passive Income Machines

2 years 5 months ago
One of my top financial goals is to eventually generate enough passive income to offset my recurring expenses. That way, I won't have to rely on my active income from working to pay the bills. It will give me a lot more freedom, financially and with my time, to pursue other thing

NVDA Factor-Based Stock Analysis

2 years 5 months ago
Below is Validea's guru fundamental report for NVIDIA CORP (NVDA). Of the 22 guru strategies we follow, NVDA rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum

TSLA Factor-Based Stock Analysis

2 years 5 months ago
Below is Validea's guru fundamental report for TESLA INC (TSLA). Of the 22 guru strategies we follow, TSLA rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhibit cha

AAPL Factor-Based Stock Analysis - Warren Buffett

2 years 5 months ago
Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability an
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