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Stocks Supported as Bond Yields Slide on Weak CPI Report

The S&P 500 Index ($SPX) (SPY) today is up +0.38%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.07%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.97%. September E-mini S&P futures (ESU26) are up +0.30%, an…

Markets

GraniteShares YieldBoost RIOT (RTYY) Enters Oversold Territory

In the case of GraniteShares YieldBoost RIOT, the RSI reading has hit 29.4 — by comparison, the RSI reading for the S&P 500 is currently 54.3. A bullish investor could look at RTYY's 29.4 reading as a sign that the rece…

Markets

Dollar Declines on a Benign US CPI Report

The dollar index (DXY00) fell by -0.32% on Tuesday. The dollar retreated on Tuesday after US June consumer prices rose less than expected, a dovish factor for Fed policy. Also, the benign CPI report has reduced the chan…

Markets

CCM Crosses Below Key Moving Average Level

Looking at the chart above, CCM's low point in its 52 week range is $3.1802 per share, with $7.15 as the 52 week high point — that compares with a last trade of $4.36.

Markets

Stocks Rally on Fed-Friendly CPI Report

The S&P 500 Index ($SPX) (SPY) today is up +0.30%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.60%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.97%. September E-mini S&P futures (ESU26) are up +0.28%, an…

Markets

Cotton Facing Early Tuesday Weakness

Cotton prices are down 50 to 64 points so far on Tuesday morning. Futures were mixed to start the week, with contracts down 9 to 10 points higher. Crude oil was up $6.54 on the day following increased tensions with the …

Markets

New York becomes first U.S. state to impose AI data center ban

New York State Governor Kathy Hochul on Tuesday signed an executive order barring the construction of new large-scale data centers using 50 megawatts or more of power for up to one year, making the Empire State the firs…

Markets

Form 4 AMREP Corp For: 14 July

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Markets

Wheat Falling Back on Tuesday

Wheat is showing 3 to 5 cent losses across most contracts. The wheat complex was lower across the three exchanges. Chicago SRW contracts were fractionally to 5 cents lower on the day. Open interest was up 6,116 contract…

Markets

Dollar Falls and Gold Rallies as US CPI Trails Estimates

The dollar index (DXY00) is down by -0.55% today. The dollar is retreating today after US June consumer prices rose less than expected, a dovish factor for Fed policy. Also, the benign CPI report has reduced the chances…