Investors in Marathon Petroleum Corp. (Symbol: MPC) saw new options begin trading today, for the December 20th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 343 days until expiration the newly trading c
Gold prices rose more than 1% to a one-week high on Friday as an escalation in Middle East conflict fuelled safe-haven buying, and a softer U.S. producer price index data boosted bets that the Federal Reserve might cut rates sooner.
The Chart of the Day belongs to the oncology based biomedical company Autolus Therapeutics (AUTL) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used...
Wall Street's main indexes opened higher on Friday after a softer-than-expected inflation report that boosted bets for early rate cuts and earnings reports from big banks.
At Holdings Channel, we have reviewed the latest batch of the 21 most recent 13F filings for the 12/31/2023 reporting period, and noticed that Walmart Inc (Symbol: WMT) was held by 13 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good idea
This piece will be in two parts: First, my thoughts on what today is really about and Second, a look at market reaction to USDA's latest round of guesses.
Corn futures are trading fractionally higher so far on report day. The March contract stayed within a 1 ¾ cent range overnight from -¾ to +1 cent. After a back and forth session, the nearby corn market ended with 1 ¾ to 2 ½ cent losses on Thursday. March printed...
Front month cotton prices are trading with AM gains of another 37 to 60 points. Nearby cotton prices closed with 50 to 118 point gains across the front months, which left the March contract at a net weekly 117 point gain. The Dollar index closed off the daily high on...
Live cattle futures closed the Thursday session with $0.77 to $1.05 gains, leaving the Feb contract at a net weekly gain of $1.22 so far. Feeders also pushed higher with $1.22 to $1.65 gains on Thursday. Low temps and snow fall have cattle health and transport at the front of...
Lean hog futures ended Thursday with 5 to 52 cent gains. Feb traded from -65 to +98 cents on the day. USDA’s National Average Base Hog price for increased 22 cents on Thursday afternoon to $45.49. The 1/9 CME Lean Hog Index firmed up by another 63 cents to $66.46....
Wheat prices are fractionally to 4 cents in the black in early Friday futures action. Wheat ended the Thursday session with losses, pushing SRW futures to double digit losses for the week to date. CBT SRW closed down by 7 to 7 ¾ cents on Thursday. That had March down...
Soybeans are currently 5 to 6 ½ cents higher, with soy oil starting Friday another 61 points higher. The front month soybean futures market ended the Thursday session fractionally to 1 ½ cents in the black. With Friday remaining, the March contract has seen a 41 ¾ cent drop for...
Canada's main stock index opened higher on Friday, boosted by energy and mining stocks due to rising crude and metal prices, while investors assesed mixed earnings from big U.S. banks.
Chile's state-owned Codelco, the world's largest copper producer, said on Friday it had reached an agreement on a new contract with the union representing supervisors in its Chuquicamata division.
The Russian rouble climbed to a more than seven-week high against the dollar on Friday, boosted by the state's new foreign currency interventions plan and higher oil prices after Western strikes against Houthi military targets in Yemen.
Japan's financial regulator on Friday ordered SBI Securities to halt part of its business related to initial public offerings (IPOs) for a week through Jan. 18 as a penalty for having manipulated clients' post-IPO share prices.
Hillhouse and Japan's Mitsui & Co have emerged as final bidders vying for Singapore-headquartered traditional Chinese medicine chain Eu Yan Sang International, in a deal that could fetch over $700 million, two people with knowledge of the matter said.
Thai Prime Minister Srettha Thavisin on Friday said his government would support economic growth and tourism and seek to build confidence, while pursuing a drive to turn the country into a regional travel hub.