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S&P Futures Muted as Investors Weigh Interest Rate Outlook

June S&P 500 E-Mini futures (ESM24) are trending down -0.05% this morning as warnings from a series of Federal Reserve officials prompted investors to reassess their expectations regarding interest rate...

ESM24 : 5,321.00 (+0.01%)
DE : 394.43 (-4.73%)
CSCO : 48.34 (-2.68%)
BIIB : 230.04 (-2.24%)
WMT : 64.01 (+6.99%)
CB : 264.88 (+4.71%)
CFR.Z.IX : 145.500 (+5.97%)
HMB.S.DX : 178.600 (+1.65%)
DOCS : 23.74 (-0.46%)
RDDT : 56.38 (-5.45%)
DXC : 19.88 (+0.76%)
TTWO : 146.08 (-1.35%)
Taiwan is selling more to the US than China in major shift away from Beijing

Taiwan is reducing its reliance on the Chinese mainland as it seeks to insulate itself from pressure from Beijing and forge closer economic and trade ties with the United States

$SPX : 5,297.10 (-0.21%)
$DOWI : 39,869.38 (-0.10%)
$IUXX : 18,557.96 (-0.21%)
Crude Oil Double Bottom?

Upside target would be around 83.25.

Cocoa Nears Bearish ABCD Pattern

Downside target zones at 5898-5526 and 4600-3611.

Soybeans, Hanging In There And What Matters

The rally in Soybeans started from a 61.8% retracement on the continuation chart at 1138.00.

ZSN24 : 1227-0 (+0.88%)
Google wants judge, not jury, decide upcoming antitrust case in Virginia

Google is asking that a federal judge, rather than a jury, decide whether it violated U.S. antitrust laws by building a monopoly on the technology that powers online advertising

$SPX : 5,297.10 (-0.21%)
$DOWI : 39,869.38 (-0.10%)
$IUXX : 18,557.96 (-0.21%)
Corn Closes With Losses as Planting Window is Open

Corn futures closed Thursday trade, following similar action from Wednesday, fading the early session gains. Contracts closed with losses of 3 ½ to 5 ½ cents across the board, and leaving some not so...

ZCN24 : 459-4 (+0.55%)
ZCPAUS.CM : 4.3292 (-1.43%)
ZCU24 : 469-6 (+0.43%)
ZCZ24 : 484-0 (+0.47%)
ZCPZ24US.CM : 4.5210 (-1.27%)
Soybeans Close Mixed Following Lackluster Export Sales Data

Soybeans faded off into the Thursday close, as contracts were up ½ 5o 2 ¾ cents in the front two months and down 1 to 3 ¾ cents in the tother contracts following uninspiring Export Sales data. Soymeal...

ZMN24 : 371.6 (+1.06%)
ZLN24 : 44.77 (+0.56%)
ZSN24 : 1227-0 (+0.88%)
ZSPAUS.CM : 11.5391 (+0.28%)
ZSQ24 : 1226-6 (+0.82%)
ZSX24 : 1208-2 (+0.77%)
ZSPX24US.CM : 11.3721 (-0.18%)
Cattle Rally in Unison with Boxed Beef

Live cattle posted Thursday gains of a nickel to 92 cents, as boxed beef price continue to rally ahead of Memorial Day. Cash action has been quiet this week, with USDA reporting a few in the WCB at $186-190...

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 Posts Thursday Strength

The cotton market was back up on Thursday to post gains of 83 to 105 points at the close. The outside market factors are a mixed bag, with crude oil up another 71 cents and the US dollar index back 193...

CTN24 : 76.53 (+0.38%)
CTV24 : 76.20s (+1.24%)
CTZ24 : 75.43 (+0.32%)

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Foreign Investors just bought the most Turkish Bonds in over a decade https://t.co/fx6IJVfISR
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BREAKING 🚨: Chinese Housing Market Chinese Home Prices declined by the largest amounts in history last month!! https://t.co/YHKnCrR8hT https://t.co/uF0vBHvVrz
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Test 🚨: X seems so slow lately. Do you see this post?
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U.S. Rising Debt levels could harm the Treasury Market warns Bridgewater Founder Ray Dalio https://t.co/2AY6kaxOng
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Sugar falls to lowest price since November 2022 https://t.co/8bnLQsC4yw
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JP Morgan Insider Trading Alert 🚨 Executive Marianne Lake sold 11,734 $JPM shares for a total value of $2.34 million https://t.co/kmOj5xYvpJ https://t.co/KxHY1SiMtX
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Bears this week 😂 https://t.co/zSffCCdQIT
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A look at hyperinflation in Zimbabwe - 100 Trillion Banknote 👀 https://t.co/dai9aJa6Xk
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Chinese Stocks with an imminent Golden Cross formation https://t.co/xERTcA9zXg
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Stanley Druckenmiller loaded up on Small Caps in the first quarter by buying 31,579 $IWM call options for a total stock notional value of approximately $664 million according to CNBC. (This appears to be assuming 100 Delta Calls but strike and expiry are unknown). https://t.co/jHaceaWXjz

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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 5,297.10 -0.21%
S&P 500 Index
$NASX 16,698.32 -0.26%
Nasdaq Composite
$DOWI 39,869.38 -0.10%
Dow Jones Industrials Average
$ONE 2,520.31 -0.20%
S&P 100 Index

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