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Cocoa Prices in Correction Mode from Record Highs

May ICE NY cocoa (CCK24 ) this morning is down -582 (-5.21%), and May ICE London cocoa #7 (CAK24 ) is down -482 (-4.85%). Cocoa prices today are falling sharply for a second session as the market corrects...

CCN24 : 10,408 (-5.93%)
CAU24 : 8,491s (-5.91%)
Arabica Coffee Under Pressure from a Rebound in ICE-Monitored Arabica Inventories

July arabica coffee (KCN24 ) this morning is down -5.90 (-2.59%), and May ICE robusta coffee (RMK24 ) is up +58 (+1.41%). Coffee prices this morning are mixed, with arabica falling to a 1-week low. A...

KCN24 : 221.85 (-2.55%)
RMN24 : 4,111 (-0.53%)
American Airlines (AAL) : Buying The Stock at the Blue Box

Hello fellow traders, As our members know we have had many profitable trading setups recently.   In this technical article, we are going to present another Elliott Wave trading setup we got in American...

AAL : 14.33 (-1.38%)
Platinum (PL) Turning Higher

Platinum (PL) looks to have formed a bottom and the metal has started to rally higher in the next bullish cycle. The metal still needs to break above 1348.2 to confirm that the next leg higher has started....

Elliott Wave Suggests AT&T Inc. (T) Last Leg Lower Could Have Started

AT&T Inc. (T) is an American multinational telecommunications holding company headquartered in Dallas, Texas. It is the world's largest telecommunications company by revenue and the third-largest provider...

T : 16.47 (+0.98%)
Crude Pushes Higher on Dollar Weakness and Energy Demand Optimism

June WTI crude oil (CLM24 ) this morning is up +0.87 (+1.06%), and May RBOB gasoline (RBK24 ) is up +2.18 (+0.82%). Crude and gasoline prices this morning are moderately higher. A weaker dollar today...

CLM24 : 82.93 (+1.26%)
RBM24 : 2.6919 (+1.09%)
SPDR Metals & Mining ETF ( $XME) Found Buyers at the Blue Box Area as Expected.

Hello everyone. In today’s article, we will look at the past performance of the 1H Hour Elliott Wave chart of SPDR Metals & Mining ETF (XME) . The rally from 3.14.2024 low at $55.37 unfolded as 5 waves...

XME : 59.45 (-1.49%)
Stocks Find Support on Q1 Earnings and Lower Bond Yields

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.97%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.56%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.22%. US stock indexes this morning...

$SPX : 5,064.99 (+1.09%)
SPY : 505.15 (+1.09%)
$DOWI : 38,464.28 (+0.59%)
DIA : 384.75 (+0.62%)
$IUXX : 17,455.41 (+1.42%)
QQQ : 424.88 (+1.45%)
ZNM24 : 108-035 (+0.23%)
DHR : 253.13 (+7.22%)
GE : 161.72 (+7.68%)
KMB : 136.33 (+5.74%)
FISV : 114.23 (+1.78%)
GM : 45.26 (+4.74%)
Gold Price Slides Even Without Dollar’s Help!

Gold slides once again today, proving that yesterday’s $67 slide was not accidental.

Cyberattacks are on the rise, and that includes small businesses. Here's what to know

Cyberattacks on businesses are rising, including small businesses

$SPX : 5,064.99 (+1.09%)
$DOWI : 38,464.28 (+0.59%)
$IUXX : 17,455.41 (+1.42%)
VZ : 39.83 (+3.19%)

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Today's 4 Stock Market Movers: $DHR $MSCI $SHW $HIBB https://t.co/RkBFxaBtCf
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United Kingdom's stock exchange, FTSE 100, hit an all-time high for the first time in more than a year https://t.co/3Dpv64qpNp
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New Stock ETFs will offer the potential for capped upside gains with 100% downside protection. It's a miracle! What could go wrong? https://t.co/d3UpO9sGlW
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Tech Stocks underperformed the S&P 500 last week by the largest margin since the Global Financial Crisis 👀 https://t.co/lJmFpyoRsB
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BREAKING 🚨: Securities & Exchange Commission Two SEC Lawyers resigned after a judge cited the agency's 'gross abuse of power' during a cryptocurrency case in March https://t.co/0sXR7v9VJ6 https://t.co/5OpymCRwPX
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H/T: @Stockspy1 for the show
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Butter approaching all-time highs! 🚨 Apparently taking away our chocolate and coffee wasn't enough 😢 https://t.co/vjSSDaBpep https://t.co/RIf25sTRVo
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The correction in stocks isn't over, warns JP Morgan strategist Marko Kolanovic, who still believes that the S&P 500 will finish the year at 4,200 https://t.co/elaSgtubrH
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Mega Cap Tech Stocks have traded red for 4 consecutive weeks, their longest losing streak since December 2022 https://t.co/pm79p8hlSb
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CTAs have built the largest global equities position in nearly 5 years 👀 https://t.co/klfj4vf3Or

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Chart of the Day

Skywest Inc (SKYW)

The Chart of the Day belongs to the regional airline SkyWest (SKYW) . 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 Flipchart feature...
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Major Market Indices

Symbol Last %Chg
$SPX 5,065.31 +1.09%
S&P 500 Index
$NASX 15,680.70 +1.48%
Nasdaq Composite
$DOWI 38,460.88 +0.58%
Dow Jones Industrials Average
$ONE 2,398.64 +1.18%
S&P 100 Index

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