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Stocks Close Mixed on Hawkish Fed Comments

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.21%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.04%. US stock indexes...

$SPX : 5,051.41 (-0.21%)
SPY : 503.53 (-0.18%)
$DOWI : 37,798.97 (+0.17%)
DIA : 377.98 (+0.18%)
$IUXX : 17,713.66 (+0.04%)
QQQ : 431.10 (+0.01%)
ZNM24 : 107-215s (-0.20%)
SMCI : 976.30 (+10.60%)
UNH : 468.89 (+5.22%)
ELV : 506.97 (+1.38%)
HUM : 317.52 (+0.92%)
ASML : 976.92 (+2.31%)
Navigating the soft commodity markets with the persistent El Niño in the face of parabolic moves

Jim’s video covers the probabilities for the softs, given the parabolic chart patterns and the stubborn El Niño

CCK24 : 10,243s (-6.89%)
CAK24 : 8,646s (-5.79%)
KCK24 : 236.75s (+2.25%)
RMK24 : 4,005s (+0.78%)
SBK24 : 19.63s (-1.95%)
CANE : 11.96 (-1.48%)
CTN24 : 83.09s (-2.42%)
"Shootin' the Bull" on video today!

Grains and oilseeds were lower and are expected to continue lower.

Dollar Gains on Hawkish Fed Commentary

The dollar index (DXY00 ) Tuesday recovered from early losses and finished up +0.07%. The dollar posted a 5-1/2 month high Tuesday based on hawkish Fed comments. Fed Chair Powell, San Francisco Fed President...

DXY00 : 106.357 (+0.14%)
^EURUSD : 1.06197 (+0.01%)
^USDJPY : 154.678 (-0.03%)
GCM24 : 2,407.8s (+1.04%)
SIK24 : 28.376s (-1.19%)
Nat-Gas Prices Rebound on Cooler US Weather Forecasts

May Nymex natural gas (NGK24 ) on Tuesday closed up by +0.041 (+2.42%). May nat gas prices Tuesday recovered from a 3-week nearest-futures low and closed moderately higher. Nat-gas prices rallied on updated...

NGK24 : 1.732s (+2.42%)
Crude Prices End Slightly Lower on Dollar Strength

May WTI crude oil (CLK24 ) on Tuesday closed down -0.05 (-0.06%), and May RBOB gasoline (RBK24 ) closed up +3.84 (+1.38%). Crude and gasoline prices on Tuesday settled mixed. Tuesday's rally in the dollar...

CLK24 : 85.36s (-0.06%)
RBM24 : 2.7911s (+1.14%)
DXY00 : 106.357 (+0.14%)
Dr. Martens shares plunge to record low after weak US revenue outlook

Shares of Dr. Martens have plunged after the iconic British brand forecast wholesale revenue in the U.S., its largest market, would decline by double-digits compared with last year

$SPX : 5,051.41 (-0.21%)
$DOWI : 37,798.97 (+0.17%)
$IUXX : 17,713.66 (+0.04%)
Southern governors tell autoworkers that voting for a union will put their jobs in jeopardy

On the eve of a vote on union representation at Volkswagen’s Tennessee factory, Gov. Bill Lee and five other southern governors are telling workers that voting for a union will put jobs in jeopardy

GM : 42.66 (-0.07%)
F : 12.09 (-1.14%)
$SPX : 5,051.41 (-0.21%)
$DOWI : 37,798.97 (+0.17%)
$IUXX : 17,713.66 (+0.04%)
Cocoa Prices Finish Sharply Lower on Demand Destruction Concerns

May ICE NY cocoa (CCK24 ) on Tuesday closed down -758 (-6.89%), and May ICE London cocoa #7 (CAK24 ) closed down -531 (-5.79%). Cocoa prices on Tuesday sold off sharply, with London cocoa falling from...

CCN24 : 9,819s (-7.01%)
CAN24 : 8,348s (-5.92%)
Sugar Prices Retreat on Improved Supply Prospects and Brazilian Real Weakness

May NY world sugar #11 (SBK24 ) on Tuesday closed down -0.39 (-1.95%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -10.20 (-1.76%). Sugar prices posted moderate losses on Tuesday, with NY sugar...

SBN24 : 19.53s (-1.46%)
SWQ24 : 570.00s (-1.76%)

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Red Lobster considering filing for bankruptcy - WOW! Rip Cheddar Bay Biscuits 😢 https://t.co/npfiqhs5BG
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Gold will hit $3,000 in the next 6-18 months says Citi https://t.co/EbYBtsWF3F
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BREAKING 🚨: Turkey Turkey's Central Bank posted an astonishing $25 billion loss last year https://t.co/gg1LESwUo2 https://t.co/RsrEUGi3cL
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Apple's $AAPL gains last week from mentioning "AI" have been wiped out https://t.co/9j89hnSXXZ
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JUST IN 🚨: There has been a recent lack of progress in reaching the target inflation rate says Federal Reserve Chair Jerome Powell https://t.co/tYJ2Uhf9Of https://t.co/J2uGF2WIfj
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Lumber forming the dreaded tear drop pattern and is on track for its 11th consecutive red day https://t.co/2DuQExWagw
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What chart is this? https://t.co/h8ovtVp91a
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BREAKING 🚨: Japanese Yen Japanese Yen obliteration continues as it falls to fresh 34-year lows against the U.S. Dollar https://t.co/3hld2QuYyX https://t.co/u2yoF6ar1G
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Goodnight Tesla $TSLA 🫡 https://t.co/63P5C0QtXR
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Ya don't say? https://t.co/t73y97pJ00

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Chart of the Day

Century Aluminum C (CENX)

The Chart of the Day belongs to the aluminum producer Century Aluminum (CENX) . 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...
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Major Market Indices

Symbol Last %Chg
$SPX 5,051.41 -0.21%
S&P 500 Index
$NASX 15,865.25 -0.12%
Nasdaq Composite
$DOWI 37,798.97 +0.17%
Dow Jones Industrials Average
$ONE 2,397.84 -0.14%
S&P 100 Index

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