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Thu, May 16th, 2024
Stocks Little Changed After Mixed US Economic Reports

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.09%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.13%. US stock indexes this...

$SPX : 5,317.96 (+0.18%)
SPY : 530.88 (+0.21%)
$DOWI : 39,990.43 (+0.21%)
DIA : 400.66 (+0.35%)
$IUXX : 18,630.53 (+0.18%)
QQQ : 453.80 (+0.20%)
ZNM24 : 109-195 (-0.10%)
WMT : 63.71 (+6.49%)
TGT : 162.95 (+3.45%)
DLTR : 121.77 (+2.50%)
DG : 145.86 (+3.40%)
CB : 261.40 (+3.33%)
Grain Markets: Will Global Production Issues Continue to Push Wheat Prices Higher?

In my interview today with Michelle Rook on AgWeb's Markets Now I spoke about the recent move higher in wheat, soybean, and corn prices. I also discussed crude oil, interest rates, and the cattle markets....

ZWK24 : 657-0s (-1.98%)
ZSN24 : 1213-0 (-0.04%)
ZCK24 : 453-6s (-1.04%)
LEM24 : 179.550 (+0.73%)
Stock Indexes Post Record Highs as Economic Reports Bolster Rate Cut Hopes

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +1.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.88%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.49%. US stock indexes...

$SPX : 5,317.96 (+0.18%)
SPY : 530.88 (+0.21%)
$DOWI : 39,990.43 (+0.21%)
DIA : 400.66 (+0.35%)
$IUXX : 18,630.53 (+0.18%)
QQQ : 453.80 (+0.20%)
ZNM24 : 109-195 (-0.10%)
DHI : 154.63 (-1.87%)
LEN : 167.26 (-2.10%)
PHM : 120.61 (-1.20%)
TOL : 132.59 (-1.73%)
AMD : 163.74 (+2.55%)
S&P 500 and Nasdaq 100 Rally to Record Highs on Fed-Friendly Economic Reports

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.70%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.54%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.79%. US stock indexes this morning...

$SPX : 5,317.96 (+0.18%)
SPY : 530.88 (+0.21%)
$DOWI : 39,990.43 (+0.21%)
DIA : 400.66 (+0.35%)
$IUXX : 18,630.53 (+0.18%)
QQQ : 453.80 (+0.20%)
ZNM24 : 109-195 (-0.10%)
DHI : 154.63 (-1.87%)
BLDR : 169.89 (-1.19%)
TOL : 132.59 (-1.73%)
LEN : 167.26 (-2.10%)
PHM : 120.61 (-1.20%)
Stocks Climb and Bond Yields Fall as US CPI Moderates

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...

$SPX : 5,317.96 (+0.18%)
SPY : 530.88 (+0.21%)
$DOWI : 39,990.43 (+0.21%)
DIA : 400.66 (+0.35%)
$IUXX : 18,630.53 (+0.18%)
QQQ : 453.80 (+0.20%)
ZNM24 : 109-195 (-0.10%)
DHI : 154.63 (-1.87%)
BLDR : 169.89 (-1.19%)
TOL : 132.59 (-1.73%)
LEN : 167.26 (-2.10%)
PHM : 120.61 (-1.20%)
Prestige Consumer Healthcare: Fiscal Q4 Earnings Snapshot

Prestige Consumer Healthcare: Fiscal Q4 Earnings Snapshot

Metagenomi: Q1 Earnings Snapshot

Metagenomi: Q1 Earnings Snapshot

Stocks Settle Higher on Expectations for US Apr CPI to Moderate

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.48%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.68%. US stock indexes...

$SPX : 5,317.96 (+0.18%)
SPY : 530.88 (+0.21%)
$DOWI : 39,990.43 (+0.21%)
DIA : 400.66 (+0.35%)
$IUXX : 18,630.53 (+0.18%)
QQQ : 453.80 (+0.20%)
ZNM24 : 109-195 (-0.10%)
SMCI : 939.37 (-1.36%)
ORCL : 121.86 (+0.19%)
SCHW : 77.82 (-1.09%)
TSLA : 174.48 (+0.28%)
ONON : 36.71 (+0.80%)
How the Fed Uses Quantitative Tightening to Address Inflation

The quantitative easing policy that began in 2020 has transformed into a quantitative tightening policy as the Federal Reserve looks to combat demand-driven inflation. The Fed recently reduced the amount...

30Y T-Note futures

Why we believe the oft-ignored 30Y futures holds promise as a swing trade idea

ZBU24 : 118-10 (+0.11%)

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Butter hits highest price since Halloween 🎃 https://t.co/71VcsnlMK9
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CBOE Volatility Index $VIX closes at lowest level since January 11 https://t.co/PxN3Mx6PiB https://t.co/cukuzVESCQ
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Investor allocation to Real Estate falls to lowest level in 15 years https://t.co/O8SjSyKY0x
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Goldman Sachs Panic Index continues to collapse - no fear left in the market https://t.co/iisNEEg7Fp
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Investor Allocation to Stocks is at all-time highs https://t.co/t6TK47fcwc
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Fund Managers are the most bullish on stocks since November 2021 https://t.co/3qJwf9XI2L
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The number of AI startups by country - USA way out in the lead 🇺🇸 https://t.co/L7i7o36Gvn
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Michael Burry is back! This time he’s loading up on $10 million worth of physical gold $PHYS https://t.co/GilsdgaDZR
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Credit Card Delinquencies rise to highest level in more than a decade 👀 https://t.co/xjofsQqlDJ
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Greed returns to the Stock Market for the first time since April 11! Yesssss, we did it 🥳🤑🫰 https://t.co/q5NbyGH61y

Chart of the Day

The Chart of the Day belongs to financial service company The Goldman Sachs Group (GS). 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 the...
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