Front month cotton futures closed 17 to 40 points higher. That took the May contract back to net UNCH for the week’s move. The May contract printed a 172 point range on the day from -101 to +71 points. The Cotlook A Index retreated by 335 points back to 101.60...
Front month corn futures were unchanged at the closing bell after a 7c range spent on both sides. CONAB trimmed their production for Brazilian corn output by ~1 MMT to 112.75 MMT. Texas Crop Progress data showed corn planting progressed 6% points to 20% finished. That is 2 ppts behind...
Front month wheat futures were mixed at the Tuesday close. Chicago futures ended the within a penny of UNCH after May traded within a 15c range on the day. KC HRW futures were 1 ½ cents weaker in the May contracts but fractionally mixed in the other nearbys. May HRW...
Cattle closed the Tuesday session with $0.52 to $00.92 gains. That pushed futures to net gains for the weekly move. Feeders now have a green candle on the weekly chart as well after $0.72 to $1.32 gains for Tuesday. USDA reported minimal cash action on Tuesday, near $183 in TX....
The April contract is back to the 18-wk moving average after a $2.07 gain on the day. The other front months were $0.77 to $1.60 higher at the close. USDA’s National Average Base Hog price was $1.19 higher on Tuesday afternoon to $77.35. The CME Lean Hog Index dropped by...
Soy Oil futures finished the Tuesday session with triple digit gains of as much as 2.5%. That helped push beans up by 1.2% to 1.4% with double digit gains. The July and August contracts were back above the $12/bu mark at the close. Soymeal futures closed up by $2 to...
April Nymex natural gas (NGJ24 ) on Tuesday closed -0.045 (-2.56%), the fifth consecutive session of losses. Nat-gas prices on Tuesday fell on bulging U.S. inventories that are 30.9% above their 5-year seasonal average. Nat-gas prices fell even though forecasts turned a bit cooler. Atmospheric G2 said a cold front...
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +1.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.61%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.49%. Stocks rallied after the U.S. CPI report was not as bad as some...
A deepening rift between President Joe Biden and Israeli Prime Minister Benjamin Netanyahu over Gaza red lines has set up a potential showdown between the two leaders and raised questions about whether the U.S. might restrict military aid if Israel goes ahead with a ground offensive in the south of the enclave.
The dollar index (DXY00 ) on Tuesday rose slightly by +0.07% on the slightly hawkish CPI report. The dollar index also saw support from Tuesday’s +5.3 bp rise in the 10-year T-note yield, which improved the dollar’s interest rate differentials. The dollar index saw support after the markets slightly dialed...
ClearPoint Neuro, Inc. (CLPT) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to loss of $0.18 per share a year ago. These figures are adjusted for non-recurr
Veritone, Inc. (VERI) came out with a quarterly loss of $0.16 per share in line with the Zacks Consensus Estimate. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.
PHX Minerals (PHX) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring
CryoPort, Inc. (CYRX) came out with a quarterly loss of $0.51 per share versus the Zacks Consensus Estimate of a loss of $0.32. This compares to loss of $0.24 per share a year ago. These figures are adjusted for non-recurring item
Guild Holdings Company (GHLD) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to break-even earnings per share a year ago. These figures are adjusted for
Tuesday’s been a good day in the markets, with all three indexes up impressively. Hitting a 52-week high for the 61st time in the past year, Arthur J. Gallagher remains an excellent stock to buy for the long haul.
April WTI crude oil (CLJ24 ) Tuesday closed down -0.37 (-0.47%), and Apr RBOB gasoline (RBJ24 ) closed up +0.59 (+0.23%). Oil prices were undercut Tuesday after the U.S. DOE Energy Information Administration (EIA), in its Short-Term Energy Outlook, forecasted that U.S. crude oil production in 2024 will rise +2.0%...
Purple Innovation (PRPL) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to loss of $0.10 per share a year ago. These figures are adjusted for non-recurring i
LoanDepot (LDI) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.46 per share a year ago. These figures are adjusted for non-recurring items.
Quest Resource (QRHC) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.17 per share a year ago. These figures are adjusted for non-recurring item