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Elliott Wave Intraday Analysis on GBPUSD Shows 5 Waves Bullish Impulse

Elliott Wave view on (GBPUSD) suggests that rally from 10.4.2023 low takes the form of an impulsive structure. Up from 10.4.2023 low, wave (1) ended at 1.2828. Correction in wave (2) unfolded as an expanded...

^GBPUSD : 1.24939 (+0.24%)
Stocks Tumble on Tech Stock Weakness and Signs of Persistent Inflation

The S&P 500 Index ($SPX ) (SPY ) this morning is down -1.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.83%. US stock indexes...

$SPX : 5,009.72 (-1.22%)
SPY : 499.40 (-1.19%)
$DOWI : 37,834.95 (-1.63%)
DIA : 378.17 (-1.63%)
$IUXX : 17,306.67 (-1.26%)
QQQ : 420.71 (-1.36%)
ZNM24 : 107-105 (-0.38%)
META : 438.15 (-11.22%)
AMZN : 171.60 (-2.83%)
MSFT : 394.11 (-3.65%)
GOOGL : 154.53 (-2.89%)
TXT : 82.96 (-11.75%)
Staying Ahead of the Yield Curve

Learn more about the popular 2/10 spread and how you can trade a steeper or flatter curve with futures contracts.

Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well

American and Southwest airlines both say they lost money in the first quarter, and they're responding by trying to cut costs

BA : 161.12 (-1.95%)
$SPX : 5,009.72 (-1.22%)
$DOWI : 37,834.95 (-1.63%)
$IUXX : 17,306.67 (-1.26%)
Union Pacific's first-quarter profit creeps up 1% as railroad limits expenses

Union Pacific's first-quarter profit crept 1% higher and topped Wall Street expectations as the railroad tightened up on expenses even though it delivered slightly less freight

$SPX : 5,009.72 (-1.22%)
$DOWI : 37,834.95 (-1.63%)
$IUXX : 17,306.67 (-1.26%)
US applications for jobless claims fall to lowest level in 9 weeks

Fewer Americans applied for unemployment benefits last week as the labor market continues to hold up despite higher interest rates imposed by the Federal Reserve in its bid to curb inflation

LEVI : 21.13 (-2.04%)
UPS : 146.17 (-0.31%)
CSCO : 48.12 (-0.48%)
AMZN : 171.60 (-2.83%)
SNAP : 11.01 (-0.63%)
EBAY : 50.86 (-0.63%)
$SPX : 5,009.72 (-1.22%)
$DOWI : 37,834.95 (-1.63%)
$IUXX : 17,306.67 (-1.26%)
USDA Shows Slight Build to Pork Stocks

Lean hogs closed the midweek session with contracts a dime to $1.22 lower, as August was the lone exception, up a nickel. USDA’s National Average Base Hog negotiated price was down 36 cents on Wednesday...

HEK24 : 96.275 (-1.10%)
HEM24 : 105.650 (-1.68%)
HEN24 : 108.325 (-1.39%)
Corn Squeezing Out Overnight Gains

Overnight action in the corn market was lightly higher with prices up fractionally this morning. Corn futures extended the front month losses into the close, as contracts through Dec were down 2 to 5...

ZCK24 : 438-6 (+0.23%)
ZCPAUS.CM : 4.2348 (+0.25%)
ZCN24 : 450-2 (+0.39%)
ZCZ24 : 474-2 (+0.32%)
ZCPZ24US.CM : 4.4309 (+0.34%)
Cattle Look to Thursday Trade Following Midweek Drop on H5N1 Virus News

Live cattle ended the day with weakness, as contracts were down $1.20 to $2.12 on Wednesday. Yesterday morning’s Fed Cattle Exchange auction saw no sales on the 894 head listed, with bids of $181 and...

LEJ24 : 182.600 (+0.27%)
LEM24 : 175.550 (+0.17%)
LEQ24 : 173.675 (+0.17%)
GFJ24 : 244.800 (+0.70%)
GFK24 : 244.300 (+0.08%)
GFQ24 : 256.000 (-0.12%)
Cotton Posing Thursday Morning Gains

Cotton futures are 8 to 15 points higher this morning. They were down anywhere from 39 to 187 points on Wednesday. The outside market influences were there, with crude oil down 54 cents/barrel and the...

CTK24 : 79.51s (-0.89%)
CTN24 : 81.37 (+0.44%)
CTZ24 : 77.81 (+0.15%)

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We take pride in providing the resources people need to navigate the financial markets, regardless of their experience level. This year, a group of students from Southern Utah University used https://t.co/gT09fRBUzS as their main resource during their finance studies. https://t.co/q9sBLZjVc5
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Japanese Yen is absolutely crumbling before our eyes. Every trading session is seeing the Yen drop to a new 34-year low against the U.S. Dollar https://t.co/nyWnwLpM3V
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JP Morgan says the stock market might go up or down. Again, absolutely incredible stuff here! Thanks 🫡 https://t.co/B98sUsN8qi
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The "Buy Bitcoin" $BTC sign that was flashed behind Treasury Secretary Janet Yellen and became a world-famous meme just sold for $1.027 million https://t.co/L62vpWC8eJ
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Stock purchases by retail investors have fallen to their lowest level since late 2020 👀 https://t.co/5rzAbY3IM9
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U.S. Banks finished the year with almost $400 billion of unrealized losses on held-to-maturity assets. The assumption is this wouldn't be a problem because the Fed would cut A LOT this year but what if that doesn't happen? https://t.co/fsfMCisEd3
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US Oil Fund $USO, the biggest oil ETF, just saw a daily outflow of almost $400 million, the largest in history https://t.co/EwxQwG4jaa
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BREAKING 🚨: Japanese Yen Japan's Yen has once again fallen to fresh 34-year lows 👀 https://t.co/5GNE2IMpbB https://t.co/POjfXPhqUE

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Chart of the Day

Antero Resources Corp (AR)

The Chart of the Day belongs to the oil & gas company Antero Resources (AR) . 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...
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Major Market Indices

Symbol Last %Chg
$SPX 5,009.91 -1.22%
S&P 500 Index
$NASX 15,486.05 -1.44%
Nasdaq Composite
$DOWI 37,831.77 -1.64%
Dow Jones Industrials Average
$ONE 2,366.94 -1.40%
S&P 100 Index

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