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The Dow just crossed 40,000 for the first time. The number is big but means little for your 401(k)

Through its long history, the Dow Jones Industrial Average has offered a way for people to get a quick read on how Wall Street is doing

JNJ : 153.75 (+0.71%)
AMGN : 313.79 (-0.95%)
JPM : 202.17 (+0.03%)
GS : 465.72 (-0.08%)
AXP : 242.26 (+0.23%)
MSFT : 421.93 (-0.27%)
INTC : 32.15 (+2.81%)
HON : 207.15 (+1.55%)
$SPX : 5,307.51 (-0.01%)
$DOWI : 39,899.17 (-0.02%)
$IUXX : 18,599.71 (+0.02%)
Corn Slips from Higher Early Trade Again on Thursday

Corn futures are hitting the copy/paste button on the Thursday trade, as future are again fading the early session gains. Midday losses are totaling 4 to 7 cents as a planting window is open of areas across...

ZCN24 : 457-2 (-1.14%)
ZCPAUS.CM : 4.3321 (-1.36%)
ZCU24 : 468-0 (-1.11%)
ZCZ24 : 482-0 (-1.03%)
ZCPZ24US.CM : 4.5234 (-1.22%)
Hogs Rallying on Thursday

Lean hogs are posting a $1.02 to $1.45 rally in the front months on Thursday. USDA’s National Average Base Hog negotiated price was up 40 cents on Thursday AM at 89.36. The CME Lean Hog Index was back...

HEM24 : 98.375s (+0.90%)
HEN24 : 101.625s (+0.74%)
HEQ24 : 100.800s (+0.77%)
Wheat Pulling on Thursday

The wheat complex is heading lower at midday. They again quickly faded the early session gains today. Chicago contracts are down 5 to 8 cents across the front months. Kansas City futures are steady to...

ZWN24 : 662-6 (-0.45%)
ZWU24 : 683-2 (-0.40%)
KEN24 : 673-0 (-0.30%)
KEU24 : 686-6 (-0.29%)
MWN24 : 719-4 (-1.03%)
Cattle Leading with Triple Digit Gains

Live cattle are trading the Thursday session with $1 to $1.20 gains across most contracts at midday. Cash action has been quiet this week. The Central Stockyards Fed Cattle Exchange saw no bids or sales...

LEM24 : 179.025s (+0.43%)
LEQ24 : 177.375s (+0.48%)
LEV24 : 180.625s (+0.51%)
GFK24 : 244.850s (+0.70%)
GFQ24 : 257.350s (+0.58%)
GFU24 : 258.400s (+0.56%)
Cotton Rallying Despite Weaker Export Sales Data

The cotton market is trading with 131 to 176 point gains on Thursday’s midday. The outside market factors are a mixed bag, with crude oil up another 48 cents and the US dollar index back 113 points higher....

CTN24 : 76.30 (+1.18%)
CTV24 : 76.30 (+1.37%)
CTZ24 : 75.24 (+1.28%)
Soybeans Sticking Closer to Even Following Lackluster Export Sales Data

Soybeans are slipping lower on Thursday following dull Export Sales data. Contracts are steady to 4 cents lower in the nearbys, with July slightly higher. Soymeal futures are down $1.70 to $2.30/ton. Soy...

ZMN24 : 367.4 (-1.16%)
ZLN24 : 44.55 (+2.30%)
ZSN24 : 1216-4 (+0.25%)
ZSPAUS.CM : 11.5394 (+0.28%)
ZSQ24 : 1217-0 (+0.06%)
ZSX24 : 1199-2 (-0.15%)
ZSPX24US.CM : 11.3743 (-0.16%)
Elliott Wave Analysis on SPX Looking to Extend Higher in Impulsive Structure

Short Term Elliott Wave in SPX suggests that the Index ended wave (4) pullback at 4953.98. From there, it rallies higher in wave (5) as a nesting impulse Elliott Wave structure. Up from wave (4), wave...

Why Interest Rates Aren’t Stopping Gold

The demand for gold continues to rise as uncertainty around interest rates and geopolitical stability have more traders turning to safe haven assets. CME Group Micro Gold and Micro Silver futures contracts...

Sugar Prices Hammered on the Outlook for Abundant Supplies

July NY world sugar #11 (SBN24 ) today is down -0.25 (-1.34%), and Aug London ICE white sugar #5 (SWQ24 ) is down -4.10 (-0.76%). Sugar prices today extended this week's slide, with NY sugar posting a...

SBN24 : 18.33s (-1.72%)
SWQ24 : 536.20s (-1.12%)

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The Great Orange Juice Squeeze continues as prices hit a fresh all-time high 🍊 https://t.co/jQXNVnnju9
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Chubb $CB hitting all-time highs after Warren Buffett's Berkshire Hathaway disclosed a $6.7 billion position https://t.co/Xtc9TRGakl
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JUST IN 🚨: Dow Jones Industrials crosses above 40,000 for the first time in history https://t.co/zWfnbLlrlf https://t.co/xtBzRdvDdE
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Today's 4 Stock Market Movers: $CB $DG $BIIB $DE https://t.co/jnueYubZ5I
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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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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 5,306.39 -0.03%
S&P 500 Index
$NASX 16,728.21 -0.08%
Nasdaq Composite
$DOWI 39,880.71 -0.07%
Dow Jones Industrials Average
$ONE 2,524.75 -0.02%
S&P 100 Index

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