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Thu, May 25th, 2023
Precious Metals Minute with Phil Streible (5/25/2023)

Gold, Silver, and Copper all bounce off key levels of support, while Crude Oil gives you another opportunity to add positions. Phil Streible discusses the Precious Metals markets, U.S. Equity Futures,...

Debt Ceiling Drives Markets Lower...again

Yesterday we gave the markets a Down bias and the indices didn't disappoint. What will the markets do today? Read on to learn more...

6-10 Day Weather Outlook Update

Above normal temperatures persist, which may be welcomed by some up North. While those in Iowa, Illinois, and Indiana could use some precipitation to go along with it.

Easing of the Texas Drought for Cotton Farmers & Minor Dryness for Midwest Grains

In Jim's video, the focus is not only on cotton and the grains but also connects more of the El Niño dots

KEN23 : 807-0 (-0.65%)
ZWN23 : 605-6 (unch)
ZCZ23 : 521-4 (+0.29%)
ZSX23 : 1181-2 (-0.32%)
CTZ23 : 79.95 (-0.41%)
WEAT : 6.13 (-2.54%)
SOYB : 24.83 (-0.32%)
CORN : 23.03 (+0.13%)
BAL : 58.76 (-2.45%)
Live Cattle Recover Early Morning Losses

Live cattle struggled to find their footing to start today's trade, but managed to stage a strong recovery to finish within a stone's throw of a closing contract high.

Grains - Closing Prices and Market Recap (corn, soybeans, and wheat)

It was a bit of a mixed bag in today's grain trade, with corn higher, beans little changed, and wheat under pressure.

NVDA Smokes Earnings, NQ and Crude Rip | Midday Market Minute with Bill Baruch | 5/24/2023 |

NVDA's double beat lifts the E-mini NQ off support after hours. Crude Oil also had a big session with a massive surprise draw.

How do TBA Futures and Forwards Compare?

Shootin' the Bull about beef movement over the holiday

A soft start ended on a firm note this afternoon.  Packers bid higher to acquire cattle.  The upcoming three day weekend will be interesting to see what movement of beef is. June was able to make a...

Debt Ceiling, FOMC Minutes & Stocks - Which Way?

A case for possibly being long the mini Nasdaq 100 versus the mini SP 500 as a way to play upcoming resolution to the debt ceiling? Memorial Day Trading Schedule for Major Futures and Commodities

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History in the making 👇 $NVDA https://t.co/eJe3xKPFhK
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Do Triple Top Chart Patterns exist? (Doing a poll as there appears to be some debate from the earlier Gold tweet)
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Nvidia $NVDA is expected to derive 50-60% of its 2023 revenue from artificial intelligence according to research from JP Morgan. Here is a list showing the % of revenue other companies expect to earn this year from AI: https://t.co/2zbQ0y7dyq
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Potential Triple Top for Gold? H/T: @Callum_Thomas https://t.co/06Cyi4QuSM
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Updated Nvidia $NVDA Trader's Cheat Sheet based on yesterday's closing price https://t.co/mnCQkWqY7c
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Treasury Bills maturing around the U.S. Treasury's "X" date are yielding more than 6% which is higher than some corporate bonds sold by junk-rated companies https://t.co/GzprhP5gHM
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Food inflation proving sticky in the UK as the average cost of an English Breakfast is up an average of 22% year-over-year. In fact, every single item that makes up Bloomberg's Breakfast Index has increased since April 2022. https://t.co/pPdQYJqp5R
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Expectations of a Federal Reserve June interest rate hike are increasing. Fed swaps are now pricing in a 40% chance of a 25bps hike in June. https://t.co/oAw2rwUUcC
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Did you miss today's webinar "Barchart's Indispensable Tools for Trading the Futures Markets?" No worries as it's now available on our YouTube Channel 👇 Link: https://t.co/ALIauEbvMG https://t.co/ALkessSiUD
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Fed Governor Christopher Waller believes additional interest rate hikes are coming and won't support a pause right now https://t.co/Ny5iinaycM
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The Treasury Yield Curve (10Y-3M) is a perfect 8/8 in forecasting recessions since 1968. Duke University Professor Campbell Harvey believed it was showing a false warning in January. He now believes it is real and only questions how deep the recession will be. https://t.co/rgWiTZ4aNj
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A U.S. credit rating downgrade is being considered by Fitch Ratings https://t.co/MxZOb10QKv
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7 Fear & Greed Indicators: * Market Momentum (Greed) * Stock Price Strength (Neutral) * Stock Price Breadth (Fear) * Put and Call Options (Extreme Greed) * Market Volatility (Neutral) * Safe Haven Demand (Greed) * Junk Bond Demand (Greed) https://t.co/qRmhZnyEa8 https://t.co/G0EZ5FBfky
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Here is how much money you need to be among the Top 1% in the World's 10 Richest Countries: https://t.co/BWuQwM3qZA
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ETFs w/ most active options trading: $SPY - 9.076M $QQQ - 3.153M $IWM - 1.022M $XLI - 387k $HYG - 382k $KRE - 308k $TQQQ - 253k $EEM - 243k $UVXY - 243k $SLV - 234k $XLF - 203k $SQQQ - 197k $EWZ - 192k $TLT - 142k $ARKK - 124k $EFA - 123k $SOXL - 116k $GLD - 101k $XHB - 76k
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Stocks w/ most active options trading: $TSLA - 2.178M $NVDA - 930k $AMZN - 837k $AAPL - 722k $NU - 422k $AMD - 396k $PLTR - 385k $BABA - 358k $NIO - 330k $NFLX - 315k $GOOGL - 295k $DIS - 285k $META - 283k $MSFT - 279k $PFE - 267k $ETRN - 226k What options did you trade?
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% of Large Cap Stocks Above Their Moving Averages https://t.co/qoXV3Chkvo
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Stock Market Fear & Greed Index = 61 (Greed) https://t.co/EuG3dB1zK3
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Dividends from the world's largest 1,200 publicly traded companies hit a record $326.7 billion during the 1st quarter, a 12% increase YOY https://t.co/iTXZT7eLkK
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Central Banks bought 1,079 tonnes of gold bullion in 2022, the most ever since record keeping began in 1950. https://t.co/9uPBBZPFL0 https://t.co/GlOwh0NP7Y

Chart of the Day

N-Able Inc (NABL)

The Chart of the Day belongs to the software company N-Able (NABL) . 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 feature...
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