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Recycled Platinum Supply Outlook

With palladium oversold and platinum’s attractive fundamentals, both metals have upside

S&P Futures Tick Lower as Investors Await Earnings Reports and Fed Speak

June S&P 500 E-Mini futures (ESM24) are trending down -0.11% this morning as market participants geared up for the next round of quarterly results and awaited more comments from Federal Reserve officials....

ESM24 : 5,204.25 (-0.18%)
FMC : 66.75 (+9.46%)
GFS : 53.26 (+7.10%)
PTON : 4.09 (+15.54%)
BLDR : 162.62 (-19.05%)
DIS : 105.39 (-9.51%)
UBER : 70.43 (-1.51%)
ABNB : 159.81 (-1.35%)
SHOP : 77.05 (-0.41%)
ARM : 107.80 (+0.77%)
ET : 16.13 (+0.44%)
TTD : 89.64 (-1.88%)
DAX Remains In An Impulsive Bullish Cycle As Anticipated

DAX Remains In An Impulsive Bullish Cycle as anticipated, as we see strong rally that should be finished by five waves from Elliott wave perspective.

Stock market today: Asian shares mixed after calm day on Wall St

Asian shares are mixed after U.S. stocks held relatively steady on Wall Street

$SPX : 5,187.70 (+0.13%)
$DOWI : 38,884.26 (+0.08%)
$IUXX : 18,091.45 (-0.01%)
NTDOY : 12.4000 (-0.08%)
DIS : 105.39 (-9.51%)
Too much water, and not enough: Brazil's flooded south struggles to access basic goods

More than 80% of residents in Brazil's southern city of Porto Alegre don't have running water one week after major flooding

$SPX : 5,187.70 (+0.13%)
$DOWI : 38,884.26 (+0.08%)
$IUXX : 18,091.45 (-0.01%)
Chinese leader Xi visits the French Pyrenees in a personal gesture by Macron

France’s president has hosted China’s leader at a remote mountain pass in the Pyrenees for private meetings

$SPX : 5,187.70 (+0.13%)
$DOWI : 38,884.26 (+0.08%)
$IUXX : 18,091.45 (-0.01%)
TikTok sues US to block law that could ban the social media platform

TikTok and its Chinese parent company, ByteDance, are suing the U.S. government over a law that would ban the popular video-sharing app unless it’s sold to an approved buyer

$SPX : 5,187.70 (+0.13%)
$DOWI : 38,884.26 (+0.08%)
$IUXX : 18,091.45 (-0.01%)
More and faster: Electricity from clean sources reaches 30% of global total

A record 30% of global electricity was generated from renewables in 2023, according to a report released by Ember, a think tank based in London

$SPX : 5,187.70 (+0.13%)
$DOWI : 38,884.26 (+0.08%)
$IUXX : 18,091.45 (-0.01%)
Soybeans Have Two Key Reasons To Rally, Updated

Educational and Actionable information using Fibonacci & W.D. Gann analysis.

ZSN24 : 1242-4 (-0.32%)
FDIC report outlines 'misogynistic,' 'patriarchal' 'good ol' boys' workplace culture

An independent review of the Federal Deposit Insurance Corp.’s workplace culture describes an environment that fostered “hostile, abusive, unprofessional, or inappropriate conduct,” and questions...

$SPX : 5,187.70 (+0.13%)
$DOWI : 38,884.26 (+0.08%)
$IUXX : 18,091.45 (-0.01%)

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Japanese Yen continues to fall against the U.S. Dollar - will another intervention be needed soon? https://t.co/rciPJwX0XD
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One out of every 24 New York City residents is a Millionaire 🚨 https://t.co/WSZB01khmx
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Housing Rental prices in the U.S. climbed 1.5x faster than wages over the last 4 years 👀 https://t.co/01C3QW7wUb
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Buying options to protect against a stock market collapse fell to the cheapest level in 9 years. The CBOE VIX of VIX $VVIX, an index tracking the implied volatility of VIX options, fell to its lowest level since May 2015 on Monday! https://t.co/hI8Ayul55u
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U.S. Stock Buybacks will jump to an all-time high of $1.1 Trillion next year according to Goldman Sachs projections https://t.co/O3TIsEG2OS
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Pandemic-era excess savings have run out - oops! https://t.co/DEq4PSxuIt
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Interest Rates will stay high for an extended period and rate hikes are not off the table cautions Minneapolis Fed President Neel Kashkari https://t.co/wCpQEYXx19
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Commodities are the most correlated with stocks since AT LEAST 1980 🚨 https://t.co/Ajj1udM0aM

S&P Sectors Market Map

Top 100 Stocks

(Sorted by Daily Weighted Alpha)

Chart of the Day

SPX Corp (SPXC)

Authors Note: SPXC was the Chart of the Day on February 20 when it closed at $110.37. Since that date it gained about 23%+ and today was at the top of my screening list again. The Chart of the Day belongs to the building products and equipment company SPX Technologies...
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Major Market Indices

Symbol Last %Chg
$SPX 5,187.70 +0.13%
S&P 500 Index
$NASX 16,332.56 -0.10%
Nasdaq Composite
$DOWI 38,884.26 +0.08%
Dow Jones Industrials Average
$ONE 2,466.20 +0.03%
S&P 100 Index

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