Elliott Wave Expects Bank of America (BAC) to Continue Higher
Elliott Wave Forecast59 seconds ago
Short Term Elliott Wave in Bank of America (BAC) shows incomplete bullish sequence from 4.16.2024 low. Up from there, wave (1) ended at 38.49. Dips in wave (2) unfolded as a zigzag structure. Down from wave (1), wave A ended at 37.38 and rally in wave B ended at 38.31.
New tariffs deliver a partial victory for U.S. food processors
Brownfield Ag News3 minutes ago
President Biden’s newly-announced tariffs on Chinese goods goes beyond steel, aluminum, medical, and energy-related equipment, and U.S. food processors are calling it a partial victory. Jason Culotta with the Midwest Food Products Association tells Brownfield that buried in the fine print, there are also 25% tariffs on eight Chinese canned...
Crude Recovers Early Losses on Dollar Weakness and a Fall in EIA Inventories
Barchart16 minutes ago
June WTI crude oil (CLM24 ) today is up +0.11 (+0.14%), and June RBOB gasoline (RBM24 ) is up +2.53 (+1.03%). Crude oil and gasoline prices rebounded from 2-1/2 month lows and are slightly higher. Crude today initially moved lower after the IEA cut its 2024 global crude demand forecast....
IL Beef Annual Meeting
Brownfield Ag News19 minutes ago
Brownfield Anchor/Reporter Jared White will cover the Illinois Beef Annual Meeting on Tuesday, June 4, 2024 at the Illinois State Fairgrounds, Springfield. ...
Shell Eggs: Daily South Central Regional Eggs
USDA23 minutes ago
NW_PY005 Des Moines, IA Wed. May 15, 2024 USDA Market News Daily South Central Region Eggs ...
Shell Eggs: Daily Midwest Regional Eggs
USDA23 minutes ago
NW_PY018 Des Moines, IA Wed. May 15, 2024 USDA Market News Daily Midwest Regional Eggs ...
Processed Eggs: Daily Central States Breaking Stock
USDA23 minutes ago
NW_PY041 Des Moines, IA Wed. May 15, 2024 USDA Market News Daily Central Region Breaking Stock ...
Broiler/Fryer: Daily North Carolina Broiler/Fryers
USDA48 minutes ago
RA_PY002 Raleigh, NC Wednesday, May 15, 2024 USDA-NC Dept of Ag Market News N.C. BROILER-FRYERS: The market tone is steady and the live supply is adequate to meet the moderate demand. Average weights are mostly desirable. The estimated slaughter for Wednesday in North...
S&P 500 and Nasdaq 100 Rally to Record Highs on Fed-Friendly Economic Reports
Barchart53 minutes ago
The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.70%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.54%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.79%. US stock indexes this morning are mildly higher, with the S&P 500 and...
Dollar Slumps and Gold Rallies on Fed Rate Cut Hopes
Barchart1 hour ago
The dollar index (DXY00 ) today is down by -0.26% and dropped to a 5-week low. Today’s US economic reports were dovish for the Fed and weighed on the dollar. Today’s rally in the S&P 500 to a record high also curbed liquidity demand for the dollar. US Apr CPI...
NIO, XPEV, or LI: Which Chinese EV Stock Do Analysts Like Most?
Barchart1 hour ago
There has been a divergence in the price action of NIO, Li Auto, and Xpeng Motors over the last month. Which of these Chinese EV stocks do analysts like the most?