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Grains Overview 4/18/24

Educational and Actionable information using Fibonacci and W.D. Gann analysis.

ZSK24 : 1134-2s (-1.33%)
ZSN24 : 1149-0s (-1.31%)
ZCN24 : 436-2s (-1.08%)
ZCK24 : 426-6s (-0.81%)
ZWK24 : 536-6s (-0.05%)
ZWN24 : 553-0s (+0.14%)
Cotton Heads Lower on Thursday

The cotton market posted 7 to 113 point losses on Thursday. The death spiral liquidation continues for May, down 146 points, as longs get out before deliveries, with rest of the contracts following along....

CTK24 : 78.10s (-1.84%)
CTN24 : 80.61s (-0.89%)
CTZ24 : 77.41s (-1.44%)
Soybeans Close Near Thursday’s Lows

Soybeans pushed lower into Thursday’s close, as contracts settled with losses of 6 ¾ to 15 ¼ cents on the day, led by the nearbys. Soymeal was down 70 cents to $3.0 at the closing bell. Soy Oil was...

ZMN24 : 337.4s (-0.71%)
ZLN24 : 44.66s (-1.98%)
ZSK24 : 1134-2s (-1.33%)
ZSPAUS.CM : 10.8049 (-1.38%)
ZSN24 : 1149-0s (-1.31%)
ZSX24 : 1149-2s (-1.03%)
ZSPX24US.CM : 10.8886 (-1.09%)
Cattle Head Higher into the Close

Live cattle posted some strength on Thursday, with contracts up anywhere from a nickel to $1.05. Cash action has been quiet so far this week. There have still been no deliveries against April futures....

LEJ24 : 181.175s (+0.15%)
LEM24 : 175.375s (+0.03%)
LEQ24 : 173.525s (+0.43%)
GFJ24 : 241.600s (+0.49%)
GFK24 : 242.550s (+0.95%)
GFQ24 : 254.300s (+0.86%)
Corn Pressured Lower on Thursday

Thursday trading in the corn market saw weakness creep in, with losses of 3 1/2 to 4 ¾ cents at the close. May was 3 ½ cents in the red and back below $4.30, with December settling at $4.60, down 4 ¾....

ZCK24 : 426-6s (-0.81%)
ZCPAUS.CM : 4.1012 (-0.81%)
ZCN24 : 436-2s (-1.08%)
ZCZ24 : 460-0s (-1.02%)
ZCPZ24US.CM : 4.2890 (-0.97%)
Wheat Rounds Out Thursday with Gains

The wheat markets put together some strength on Thursday, as contracts were mostly higher. Chicago was the weakest, with nearby May closing down ¼, but other contracts up ¾ to 2 ¼ cents. Kansas City...

ZWK24 : 536-6s (-0.05%)
ZWN24 : 553-0s (+0.14%)
KEK24 : 577-2s (+0.79%)
KEN24 : 575-2s (+1.10%)
MWK24 : 638-6s (+0.87%)
Hogs Leak Lower on Thursday

Lean hogs posted mostly weaker action on Thursday, as contracts were down anywhere from a tick to 42 cents with the exception to July, up a nickel. USDA’s National Average Base Hog negotiated price was...

HEK24 : 94.725s (-0.21%)
HEM24 : 102.700s (-0.02%)
HEN24 : 104.350s (+0.05%)
IMF's Georgieva says there's 'plenty to worry about' despite recovery for many economies

The head of the International Monetary Fund said Thursday that the world economy has proven surprisingly resilient in the face of higher interest rates and the shock of war in Ukraine and Gaza, but “there...

$SPX : 5,011.12 (-0.22%)
$DOWI : 37,775.38 (+0.06%)
$IUXX : 17,394.31 (-0.57%)
Netflix now has nearly 270 million subscribers after another strong showing to begin 2024

Netflix gained another 9.3 million subscribers to start the year while its profit soared with the help of a still-emerging expansion into advertising, but caught investors off guard with a change that...

DIS : 112.43 (-0.45%)
AMZN : 179.22 (-1.14%)
NFLX : 610.56 (-0.51%)
$SPX : 5,011.12 (-0.22%)
$DOWI : 37,775.38 (+0.06%)
$IUXX : 17,394.31 (-0.57%)
NATO and the EU urge G7 nations to step up air defense for Ukraine and expand Iran sanctions

Top NATO and European Union officials are urging industrialized nations to take quick and concrete steps to provide more air defense systems to Ukraine

$SPX : 5,011.12 (-0.22%)
$DOWI : 37,775.38 (+0.06%)
$IUXX : 17,394.31 (-0.57%)

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BREAKING 🚨: Lumber Lumber is now on a 13-day losing streak after forming the dreaded "tear drop" pattern https://t.co/ocqAyKpSJr https://t.co/nqfNhIo2f5
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JUST IN 🚨: The Federal Reserve may have to wait until 2025 to cut rates cautions Minneapolis Federal Reserve Bank President Neel Kashkari https://t.co/hyQC83moXU https://t.co/6xvzHl7tUU
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Bitcoin $BTC is a fraud and a Ponzi scheme warns JP Morgan CEO Jamie Dimon https://t.co/MFMmrKBzzA
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S&P 500 $SPX has now closed red for 5 consecutive trading days, the longest losing streak since October https://t.co/JZBj2k4HhF
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Tesla $TSLA Fear & Greed Index 😂 https://t.co/ZaA36Sd49c
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Netflix $NFLX getting obliterated in after hours after announcing they would no longer report subscriber numbers https://t.co/AyvcEVyv8p
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Stock Market this week 😂 https://t.co/5aWwAWHWLz
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Pension Funds are now withdrawing billions of dollars from the stock market and instead allocating to bonds and private markets. CalPERS, the country's largest public pension fund, is reportedly planning to withdraw $25 billion from stocks soon. https://t.co/403JBbW7Sa
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Panic is setting in as Stock Market Fear & Greed Index falls to lowest level since November 1 😱👻🫂 https://t.co/Kac40eGvQi
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Is Paypal $PYPL going to break our hearts again? https://t.co/ep2QG1Lqwe

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The Charles Schwab Corp (SCHW)

The Barchart Chart of the Day belongs to The Charles Schwab Corp (SCHW) . I found the stock by using Barchart.com to find the "Barchart New Highs" page, and then I clicked on pull-down to select stocks with new 52-week highs. I then viewed the stocks on the list with...
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Symbol Last %Chg
$SPX 5,011.12 -0.22%
S&P 500 Index
$NASX 15,601.50 -0.52%
Nasdaq Composite
$DOWI 37,775.38 +0.06%
Dow Jones Industrials Average
$ONE 2,378.64 -0.21%
S&P 100 Index

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