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Are Stocks and Metals Breaking Out?

E-mini S&P and E-mini NQ futures closed at record highs, Silver touch $30, are these breakouts for real?

Stocks Little Changed After Mixed US Economic Reports

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.09%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.13%. US stock indexes this...

$SPX : 5,308.75 (+0.01%)
SPY : 530.64 (+0.16%)
$DOWI : 39,951.56 (+0.11%)
DIA : 400.41 (+0.28%)
$IUXX : 18,594.46 (-0.01%)
QQQ : 453.51 (+0.13%)
ZNM24 : 109-180 (-0.14%)
WMT : 63.99 (+6.95%)
TGT : 162.59 (+3.23%)
DLTR : 122.01 (+2.70%)
DG : 145.98 (+3.49%)
CB : 262.83 (+3.90%)
Are cattle futures setting up for a breakout?

Cattle futures perked up in yesterday’s trade and are knocking on the door of a breakout. These are the levels to keep an eye on in today’s trade.

Did yesterday’s selloff change the technical picture for corn?

Corn futures were under pressure the last few days, but was it enough to cause technical damage or is the trend still intact?

China and Russia reaffirm ties as Moscow presses offensive in Ukraine

Russian President Vladimir Putin has thanked Chinese leader Xi Jinping for China’s proposals on ending the war in Ukraine, which have been rejected by Ukraine and its Western supporters as largely following...

$SPX : 5,308.75 (+0.01%)
$DOWI : 39,951.56 (+0.11%)
$IUXX : 18,594.46 (-0.01%)
Corn Back to Higher Trade on Thursday AM

Corn is trading 1 to 2 cents higher ahead of this morning’s Export Sales report. Futures faded the early gains on Wednesday, with contracts closing anywhere from 2 1/4 to 5 cents lower after July futures...

ZCN24 : 458-0 (-0.97%)
ZCPAUS.CM : 4.3394 (-1.20%)
ZCU24 : 468-6 (-0.95%)
ZCZ24 : 482-6 (-0.87%)
ZCPZ24US.CM : 4.5310 (-1.05%)
Wheat Reverting Higher on Thursday Morning

The wheat complex is heading higher across all three exchanges this morning. They quickly faded from the early double digit gains as losses were reported across the three exchanges on Wednesday. Chicago...

ZWN24 : 666-2 (+0.08%)
ZWU24 : 686-6 (+0.11%)
KEN24 : 680-0 (+0.74%)
KEU24 : 693-4 (+0.69%)
MWN24 : 730-6 (+0.52%)
Cattle Look to Thursday After Midweek Strength

Live cattle posted Wednesday gains of 7 to 40 cents across the board, following more boxed beef strength. Cash action has been quiet this week. The Central Stockyards Fed Cattle Exchange saw no sales...

LEM24 : 179.300 (+0.59%)
LEQ24 : 177.600 (+0.61%)
LEV24 : 180.725 (+0.57%)
GFK24 : 244.850 (+0.70%)
GFQ24 : 257.700 (+0.71%)
GFU24 : 258.600 (+0.64%)
Hogs Ready to Kick Off Thursday Trade

Lean hogs settled the Wednesday session on a mixed note, as front months were down 5 to 82 cents, with the other 24 contracts steady to 27 cents higher. USDA’s National Average Base Hog negotiated price...

HEM24 : 96.650 (-0.87%)
HEN24 : 99.800 (-1.07%)
HEQ24 : 99.300 (-0.72%)
Cotton Bounce Extending into Thursday

The cotton market is up 84 to 119 points to start the Thursday session. Most contracts showed gains on Wednesday, with futures up 8 to 78 points. The outside market factors were helpful, with crude oil...

CTN24 : 75.56 (+0.20%)
CTV24 : 75.27s (-0.41%)
CTZ24 : 74.69 (+0.54%)

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Foreign Investors have built the largest short position on Indian Stocks in over a decade 🚨 https://t.co/96dMJ1j3b7
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The next time Japan has to intervene to save the Yen, it will likely sell U.S. Treasuries to do so cautions Bank of America https://t.co/N7Ky7dhgp7
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Mega Cap Tech Volatility has fallen to the lowest level of the year https://t.co/8PU2k1cM0W
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Chinese Junk Bonds jump to highest level in 3 years https://t.co/1AT7V3r2uB
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S&P 500 $SPX could meltup and blow right through 5,400 if the Fed cuts too soon says Ed Yardeni https://t.co/U1xo8VrYKw
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Leveraged Funds have built the largest bullish copper position in more than 3 years https://t.co/gWqh2RuIIa
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The S&P 500 $SPX has hit its ceiling for the year cautions Goldman Sachs https://t.co/wRNZT7uYda
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Global Cocoa supplies may run out warns Andurand Capital 👀 https://t.co/PumueZrnyo
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Tesla's $TSLA top retail investor, Billionaire Leo Koguan, voted against restoring CEO Elon Musk's $50 billion compensation package https://t.co/xM2EkS3qmI
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China just dumped the largest amount of U.S. Treasuries and Agency Debt in history. Probably Fine https://t.co/GrqWIq3Jcp

S&P Sectors Market Map

Top 100 Stocks

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Chart of the Day

The Chart of the Day belongs to financial service company The Goldman Sachs Group (GS). 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...
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Major Market Indices

Symbol Last %Chg
$SPX 5,310.04 +0.04%
S&P 500 Index
$NASX 16,740.75 -0.01%
Nasdaq Composite
$DOWI 39,954.69 +0.12%
Dow Jones Industrials Average
$ONE 2,527.36 +0.08%
S&P 100 Index

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