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Markets Today

Thu, May 16th, 2024
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Crude Oil Double Bottom?

Upside target would be around 83.25.

Cocoa Nears Bearish ABCD Pattern

Downside target zones at 5898-5526 and 4600-3611.

Soybeans, Hanging In There And What Matters

The rally in Soybeans started from a 61.8% retracement on the continuation chart at 1138.00.

ZSN24 : 1224-6 (+0.70%)
Joint streaming venture involving ESPN, Fox, Warner Bros. Discovery will be called Venu Sports

The sports streaming platform planned by ESPN, Fox and Warner Bros

$SPX : 5,297.10 (-0.21%)
$DOWI : 39,869.38 (-0.10%)
$IUXX : 18,557.96 (-0.21%)
China and Russia reaffirm their close ties as Moscow presses its offensive in Ukraine

Russian President Vladimir Putin and Chinese leader Xi Jinping reaffirmed their “no-limits” partnership that has deepened as both countries face rising tensions with the West

$SPX : 5,297.10 (-0.21%)
$DOWI : 39,869.38 (-0.10%)
$IUXX : 18,557.96 (-0.21%)
Corn Futures Test Significant Support, Will it Hold?

Corn futures have been under pressure for the last three sessions after failing against resistance to start the week. Will support hold into the weekend or will the selling persist?

FDIC chair is grilled on Capitol Hill after report outlines agency's toxic workplace culture

Federal Deposit Insurance Corp. Chairman Martin Gruenberg is sitting for a second day of grilling on Capitol Hill, this time at the Senate Banking Committee, after a damning report about the agency’s...

$SPX : 5,297.10 (-0.21%)
$DOWI : 39,869.38 (-0.10%)
$IUXX : 18,557.96 (-0.21%)
Walmart's strong first quarter driven by consumers seeking bargains with inflation still an issue

Walmart is reporting another quarter of strong results as its low prices pull in shoppers scouring for discounts with inflation stubbornly high

AMZN : 183.63 (-1.27%)
SBUX : 75.28 (-0.55%)
$SPX : 5,297.10 (-0.21%)
$DOWI : 39,869.38 (-0.10%)
$IUXX : 18,557.96 (-0.21%)
The Dow just crossed 40,000 for the first time. The number is big but means little for your 401(k)

Through its long history, the Dow Jones Industrial Average has offered a way for people to get a quick read on how Wall Street is doing

JNJ : 154.28 (+1.05%)
AMGN : 314.72 (-1.35%)
JPM : 202.47 (+0.18%)
GS : 464.52 (-0.34%)
AXP : 241.32 (-0.16%)
MSFT : 420.99 (-0.49%)
INTC : 32.03 (+2.43%)
HON : 206.62 (+0.76%)
$SPX : 5,297.10 (-0.21%)
$DOWI : 39,869.38 (-0.10%)
$IUXX : 18,557.96 (-0.21%)
Elliott Wave Analysis on SPX Looking to Extend Higher in Impulsive Structure

Short Term Elliott Wave in SPX suggests that the Index ended wave (4) pullback at 4953.98. From there, it rallies higher in wave (5) as a nesting impulse Elliott Wave structure. Up from wave (4), wave...

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Test 🚨: X seems so slow lately. Do you see this post?
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U.S. Rising Debt levels could harm the Treasury Market warns Bridgewater Founder Ray Dalio https://t.co/2AY6kaxOng
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Sugar falls to lowest price since November 2022 https://t.co/8bnLQsC4yw
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JP Morgan Insider Trading Alert 🚨 Executive Marianne Lake sold 11,734 $JPM shares for a total value of $2.34 million https://t.co/kmOj5xYvpJ https://t.co/KxHY1SiMtX
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Bears this week 😂 https://t.co/zSffCCdQIT
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A look at hyperinflation in Zimbabwe - 100 Trillion Banknote 👀 https://t.co/dai9aJa6Xk
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Chinese Stocks with an imminent Golden Cross formation https://t.co/xERTcA9zXg
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Stanley Druckenmiller loaded up on Small Caps in the first quarter by buying 31,579 $IWM call options for a total stock notional value of approximately $664 million according to CNBC. (This appears to be assuming 100 Delta Calls but strike and expiry are unknown). https://t.co/jHaceaWXjz
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80% of S&P 500 $SPX stocks are now trading above their 200D moving average, closing in on the highest level since September 2021 https://t.co/f9uzviuTch
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Fun Fact 🚨: Goldman Sachs $GS, NOT tech stocks like $AAPL $AMZN $MSFT, is the biggest point contributor to the Dow Jones Industrials since the index hit 30,000 https://t.co/tEg17Sjncq https://t.co/hjNUCYgYYZ
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