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Elliott Wave Intraday Analysis on GDX: Further Rally Expected

Short Term Elliott Wave View on (GDX) suggests that rally to 35.74 ended wave 3 on April 12, 2024. From there, the ETF pullback as a double three Elliott Wave structure. Down from wave 3, wave (a) ended...

GDX : 34.77 (+0.55%)
Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets

Samsung Electronics on Tuesday reported a 10-fold increase in operating profit for the last quarter as the expansion of artificial intelligence technologies drives a rebound in the markets for computer...

$SPX : 5,116.17 (+0.32%)
$DOWI : 38,386.09 (+0.38%)
$IUXX : 17,782.72 (+0.36%)
Stock market today: Asian shares mostly rise to start a week full of earnings, Fed meeting

Asian shares are trading mostly higher as investors kept their eyes on potentially market-moving reports expected later this week

$SPX : 5,116.17 (+0.32%)
$DOWI : 38,386.09 (+0.38%)
$IUXX : 17,782.72 (+0.36%)
DPZ : 527.13 (+5.62%)
MSFT : 402.25 (-1.00%)
AMZN : 180.96 (+0.75%)
World Bank Projects Food Price Decline, But Flags Geopolitical and Climate Risks

The World Bank anticipates a decline in global food prices throughout 2024 and 2025, primarily driven by lower prices for grains and oils. However, the latest report from the bank warns of potential risks,...

Paramount Global replaces CEO Bob Bakish with a troika of executives

Paramount Global announced that Bob Bakish is stepping down as CEO of the film, television and multimedia company

ORCL : 116.49 (-0.61%)
SAP : 183.77 (-1.29%)
NFLX : 559.49 (-0.31%)
$SPX : 5,116.17 (+0.32%)
$DOWI : 38,386.09 (+0.38%)
$IUXX : 17,782.72 (+0.36%)
Chicago Leads Wheat Pullback

Wheat futures backed off in the winter wheat contracts to start off the week. Chicago contracts were down 4 ½ to 13 ¾ cents on the session. Kansas City was down 1 ¼ to 3 ¾ cents across most contracts....

ZWK24 : 587-0 (-0.55%)
ZWN24 : 602-6 (-0.94%)
KEK24 : 650-0 (+0.97%)
KEN24 : 644-0 (-1.00%)
MWK24 : 715-2s (+2.58%)
Cattle Pull Back on More H5N1 News

Cattle futures were down 30 cents to $1.42 on Monday with April up 72 cents ahead of tomorrow’s expiration. Cash trade last week was 182-183 in the South, steady to $1 higher. Northern trade was reported...

LEJ24 : 185.400s (+0.39%)
LEM24 : 177.150s (-0.80%)
LEQ24 : 175.675s (-0.62%)
GFK24 : 248.025s (-0.27%)
GFQ24 : 259.625s (-0.36%)
GFU24 : 260.725s (-0.32%)
Hogs Close Monday Mixed

Lean hogs were mixed as the trade commenced on Monday, with front months up steady to 50 cents lower and back months down 22 to 47 cents. USDA’s National Average Base Hog negotiated price was down 75...

HEK24 : 94.025s (-0.27%)
HEM24 : 102.475s (unch)
HEN24 : 105.450s (-0.47%)
Soybeans Pull From High, Still Hold Gains

Soybeans closed with contracts 1 ¼ to 4 ¾ cents higher on the Monday session despite showing double digit gains earlier in the day. Soymeal was in rally mode, as contracts were up $6.40 to $9.60/ton....

ZMN24 : 358.9 (+1.30%)
ZLN24 : 43.31 (-2.39%)
ZSK24 : 1156-4 (-0.37%)
ZSPAUS.CM : 11.1325 (+0.41%)
ZSN24 : 1179-2 (-0.23%)
ZSX24 : 1175-2 (-0.23%)
ZSPX24US.CM : 11.1750 (+0.30%)
Cotton Bouncing on Monday

Cotton futures were up 38 to 94 points on Monday. Active December is leading the way up 94 points. The outside markets were mixed, with Crude Oil down $1.04 per barrel, with the US dollar index down 279...

CLM24 : 82.80 (+0.21%)
CTK24 : 80.02s (+0.78%)
CTN24 : 78.65 (-3.52%)
CTZ24 : 76.76 (-1.90%)

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43% of small businesses were unable to pay their rent in April, the highest delinquency rate since March 2021 🚨 https://t.co/TT1fuFr3qr
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Stocks with Double Earnings Misses (EPS and Sales) are seeing their share prices get punished by the 2nd largest amount in the last 24 years 👀 https://t.co/BJg7BQnvx0
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Japanese Yen Fear and Greed Index https://t.co/cz1gXRlf2Y
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$META falls to lowest closing price since February 1 https://t.co/MHtsrRIpT0
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McDonald's $MCD with an imminent death cross formation ahead of tomorrow's earnings announcement https://t.co/zKiJnT5TlX
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BREAKING 🚨: Tesla Short Sellers $TSLA short sellers have reportedly lost $5.5 billion over the last 4 trading days https://t.co/nkKTZ4iSlj https://t.co/K5Sg14TdFW
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Hedge Funds Loading Up on Tech Stocks 🚨 Last Week saw the largest buying of Tech Stocks by Hedge Funds since 2022 according to Goldman Sachs https://t.co/X63cjgjuB5 https://t.co/HzfVx3RVUv
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SEC has been investigating Ethereum $ETH for over a year according to a new court document https://t.co/Rb6VMkDDDX

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Chart of the Day

Silvercrest Metals Inc (SILV)

The Chart of the Day belongs to the precious metal miner Silvercrest Metals (SILV) . 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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Major Market Indices

Symbol Last %Chg
$SPX 5,116.17 +0.32%
S&P 500 Index
$NASX 15,983.08 +0.35%
Nasdaq Composite
$DOWI 38,386.09 +0.38%
Dow Jones Industrials Average
$ONE 2,423.93 +0.23%
S&P 100 Index

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