The latest trading session saw Li Auto Inc. Sponsored ADR (LI) ending at $25.92, denoting a -1.82% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 1.17%. At the same time, the
Europe no longer gets much natural gas from Russia. That country's Gazprom has been replaced by one company from Norway that is now supplying 30% of Europe's gas at a higher price than Russian gas. That company is Equinor, and its European business has turned into a big moneymaker.
The worst performing sector as of midday Wednesday is the Consumer Products sector, showing a 0.2% loss. Within the sector, Hasbro, Inc. (Symbol: HAS) and Brown-Forman Corp (Symbol: BF.B) are two of the day's laggards, showing a loss of 3.0% and 2.4%, respectively. Among consum
Looking at the sectors faring best as of midday Wednesday, shares of Technology & Communications companies are outperforming other sectors, higher by 1.9%. Within the sector, Super Micro Computer Inc (Symbol: SMCI) and ServiceNow Inc (Symbol: NOW) are two large stocks leadin
Snap Inc. stock has shown unusual call options activity today as reported in a Barchart report. Investors may be turning bullish on SNAP stock after Snap reported another positive FCF quarter.
The wheat complex is fading the early double digit gains with losses reported at midday. Chicago contracts are down 5 to 6 cents in the front months. Kansas City futures are down 5 to 7 cents at the midday print. MPLS spring wheat futures are down 4 to 6 cents....
Corn shot higher in early morning trade, but are fading lower on Wednesday. Contracts are down 3 to 4 cents across most nearby months at midday. EIA data from this morning showed that 1 million barrels per day of ethanol was produced during the week of 5/10. That was a...
The cotton market is trading mixed at midday, with July back up 73 points. Other contracts are within 5 points of unch, with the exception to the thinly traded October contracts. The outside market factors are helpful, with crude oil up 14 cents and the US dollar index down 627...
Lean hogs are mixed on Wednesday, with June down 70 cents, with other contracts slightly above unch. USDA’s National Average Base Hog negotiated price was up $1.17 from the Tuesday afternoon print at $92.00 on Wednesday morning. The CME Lean Hog Index was back up 7 cents on May 13...
Live cattle are extending the week’s gains, as contracts are up 17 to 50 cents at midday. Cash action has been quiet this week. The Central Stockyards Fed Cattle Exchange saw no sales on the 1,352 head listed on Wednesday morning, with bids of $181-181.25 and asks in the $185-186...
Soybeans are holding above steady on the midweek session, as contracts are up 1 to 5 ¾ cents despite an ugly April crush number from NOPA. Soymeal futures are up 50 cents/ton. Soy Oil is back 62 to 67 points higher as tighter NOPA stocks were reported. This morning’s NOPA...
July NY world sugar #11 (SBN24 ) this morning is down -0.19 (-1.01%), and Aug London ICE white sugar #5 (SWQ24 ) is down -8.80 (-1.59%). Sugar prices this morning are moderately lower but remain above Tuesday's major lows. Ramped-up sugar production in Brazil is undercutting prices. Unica reported today...
Early in Wednesday trading, the Israel-based tech company hit its 51st 52-week high of the past 12 months early in Wednesday trading. Its shares are up more than 250% over this period. The good times can’t possibly continue. Or can they?
Shares of The Progressive Corporation PGR have rallied 34.2% year to date, compared with the industry’s increase of 15.2%, the Finance sector’s rise of 4.8% and the Zacks S&P 500 composite’s gain of 10.3%. With a market capita
At Holdings Channel, we have reviewed the latest batch of the 106 most recent 13F filings for the 03/31/2024 reporting period, and noticed that Eli Lilly (Symbol: LLY) was held by 37 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good idea
July ICE NY cocoa (CCN24 ) this morning is up +559 (+7.63%), and July ICE London cocoa #7 (CAN24 ) is up +401 (+6.52%). Cocoa prices this morning are sharply higher on speculation that this week's price plunge was overdone. Price moves in cocoa have been amplified by a lack...
The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.37%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.40%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.26%. US stock indexes this morning are mildly higher, with the S&P 500 posting...
Meme stocks such as GME and AMC have risen substantially this month. However, due to their weak fundamentals, these companies are high-risk investments.
In trading on Wednesday, shares of Crown Castle Inc (Symbol: CCI) crossed above their 200 day moving average of $102.94, changing hands as high as $103.81 per share. Crown Castle Inc shares are currently trading up about 2.2% on the day. The chart below shows the one year perf
In trading on Wednesday, shares of Best Buy Inc (Symbol: BBY) crossed below their 200 day moving average of $74.12, changing hands as low as $73.69 per share. Best Buy Inc shares are currently trading down about 0.6% on the day. The chart below shows the one year performance o