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Stocks Mixed on Earnings Results and Weakness in Chipmakers

The S&P 500 Index ($SPX) (SPY) today is up +0.05%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.738%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.12%. September E-mini S&P futures (ESU26) are up +0.05%,…

Markets

Precision Drilling (PDS) Reports Q2 Loss, Beats Revenue Estimates

Precision Drilling (PDS) came out with a quarterly loss of $0.38 per share versus the Zacks Consensus Estimate of $0.43. This compares to earnings of $0.77 per share a year ago. These figures are adjusted for non-recurr…

Markets

Dollar holds steady as Fed decision looms

Gold held steady in early trading ahead of the Federal Reserve decision later this week, with markets largely pricing in a rate hold while watching Chair Powell’s statement for clues on the timing of future rate cuts. E…

Markets

Sugar Prices Fall as Crude Oil Plunges

May NY world sugar #11 (SBK26) today is down -0.29 (-1.99%), and May London ICE white sugar #5 (SWK26) is down -6.40 (-1.49%).

Markets

Cotton Posting Modest Midday Strength

Cotton futures are trading with midday gains of 7 to 15 points on Tuesday, shrugging off early weakness. Crude oil is down another $4.10 per barrel, with the US dollar index down 0.224.

Markets

Sugar Prices Fall as Crude Oil Plunges

May NY world sugar #11 (SBK26) today is down -0.29 (-1.99%), and May London ICE white sugar #5 (SWK26) is down -6.40 (-1.49%).

Markets

Hogs Posting Midday Gains on Tuesday, as Pork Firms

Lean hog futures are steady to 75 cents higher so far on Tuesday. USDA’s national base hog price was reported at $101.32 on Tuesday morning. The CME Lean Hog Index was another 32 cents higher on July 24 at $98.23.

Markets

RXO Becomes Oversold

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis ind…

Markets

Sinking Crude Oil Prices Weigh on Sugar

Sugar prices slid to 1-week lows on Tuesday and settled lower amid the plunge in crude oil prices. WTI crude oil (CLU26) sank more than -4% on Tuesday, adding to Monday’s -7% plunge, which undercuts ethanol prices and m…

Markets

Stocks Mixed on Earnings Results and Weakness in Chipmakers

The S&P 500 Index ($SPX) (SPY) today is up +0.05%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.738%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.12%. September E-mini S&P futures (ESU26) are up +0.05%,…

Markets

RSI Alert: Innovate (VATE) Now Oversold

In trading on Tuesday, shares of Innovate Corp (Symbol: VATE) entered into oversold territory, hitting an RSI reading of 27.9, after changing hands as low as $7.855 per share. By comparison, the current RSI reading of t…

Markets

Cattle Bouncing Back Higher on Tuesday

Live cattle futures are up $1.97 to $3.30 across most contracts at midday. Early bids of $228 are being reported which is just slightly lower than the $230-231 trade from last week. Feeder cattle futures are showing fro…