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Darin Newsom

Thu, May 25th, 2023

Darin Newsom

Darin Newsom

Darin Newsom is the Senior Market Analyst at Barchart. 

Previously, he was a Senior Analyst at DTN for close to fifteen years, where he provided customers with market insight, analysis and advice on an hourly, daily and weekly basis and oversaw all of DTN’s market commentary. He was also the creator and guiding force behind DTN’s Six Factor Marketing Strategies. Darin has over 20 years of experience analyzing commodity markets and developing risk-management strategies. 

He focuses on explaining how the structure of a market — both technical and fundamental — and the price relationship between contracts indicate what type of market exists and therefore which strategies are appropriate. Prior to joining DTN, Newsom was a producer risk-management consultant for FCStone and a grain merchandiser at the Great Bend, Kansas, Cooperative.

Most Recent Stories

To Sell or Not Sell Kansas City Wheat's Inverse? That is the Question

To approach Hamlet's paraphrased question, we can apply Newsom's Market Rule #3, though the answer may surprise you.

KEPAUS.CM : 7.7545 (-0.16%)
Have the Grain Markets Hit Bottom?

At the end of last week, grain prices turned higher. Does this mean that grain prices have hit a bottom?

ZSN23 : 1325-0 (unch)
ZCN23 : 589-0 (+0.30%)
ZWN23 : 605-6 (unch)
LEQ23 : 164.125s (+0.95%)
HGN23 : 3.5930 (+0.88%)
The Three Big Questions in the Wheat Sector

As we make our way through May, three questions have become the most commonly asked about wheat, each one having to do with a different market.

KEN23 : 806-6 (-0.68%)
ZWN23 : 605-6 (unch)
MWU23 : 801-6 (unch)
When a Bear Market Isn't

Leave it to a financial news network that is known for struggling with the truth to continue to promote the idea the US in general is in a "bear market".

ZNM23 : 113-080 (unch)
$INX : 4,115.24 (-0.73%)
GCY00 : 1,960.51 (+0.15%)
CLM23 : 71.99s (+0.61%)
ZWPAUS.CM : 5.4522 (-2.86%)
ZCPAUS.CM : 6.2149 (+0.30%)
ZSPAUS.CM : 13.0499 (+0.02%)
Like Water for Chocolate: Why Cocoa Remains Hot

Like many of the other markets in the softs sector, cocoa (chocolate) has been driven higher by water, either too much or not enough. Meaning it is a weather derivative.

KCN23 : 185.10 (-1.54%)
OJN23 : 294.35 (+0.15%)
SBN23 : 25.05 (-1.73%)
CCK23 : 3,160s (-2.05%)
WASDEd: A Preview

It's possible folks might need a little assistance in freeing their mind to better understand the May round of USDA WASDE reports.

ZCZ23 : 521-0 (+0.19%)
ZSX23 : 1181-0 (-0.34%)
ZWN23 : 605-6 (unch)
The Three Kings of Commodities, Bottoms, and Mooning

It was a fascinating month this week for the Three Kings of Commodities - Gold, Crude Oil, and Corn.

GCY00 : 1,960.51 (+0.15%)
CLM23 : 71.99s (+0.61%)
ZCPAUS.CM : 6.2149 (+0.30%)
Are the Wheat and Corn Markets Bottoming?

This morning I was a guest on AgWeb's Markets Now with Michelle Rook. We discussed wheat, corn, soybeans, cattle, and crude oil.

ZWN23 : 605-6 (unch)
ZCN23 : 589-0 (+0.30%)
ZSN23 : 1325-0 (unch)
LEQ23 : 164.125s (+0.95%)
CLM23 : 71.99s (+0.61%)
Is the Seasonal Play to Sell Equities in May and then Walk Away?

Is there any truth to the old equity market saying? Let's ask Mr. Owl of a certain candy commercial fame.

ZCZ23 : 521-0 (+0.19%)
$SPX : 4,115.24 (-0.73%)
$DOWI : 32,799.92 (-0.77%)
Will Cattle, Orange Juice, and Sugar Prices Continue to Soar?

In my interview yesterday on BNN Bloomberg with Andrew Bell, I discussed the surging cattle, orange juice, and sugar markets.

LEQ23 : 164.125s (+0.95%)
OJN23 : 294.35 (+0.15%)
SBN23 : 25.05 (-1.73%)

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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
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