Category Archive: Finance, No picture
Softs Report – Wednesday, March 14
COTTON General Comments: Cotton closed mostly a little higher again yesterday, but nearby May and July closed lower. It is too early to plant in Texas but the heat and dry weather raises concerns about production potential later in the growing season and blackened soils might not permit much planting, anyway. The demand news has […]
Softs Report – Thursday, March 14
COTTON General Comments: Cotton closed mostly a little higher again yesterday, but nearby May and July closed lower. It is too early to plant in Texas but the heat and dry weather raises concerns about production potential later in the growing season and blackened soils might not permit much planting, anyway. The demand news has […]
Texas Oklahoma Wildfires Rage On. The Corn & Ethanol Report
We kicked off the day with PPI MoM & YoY, Core PPI MoM & YoY, Retail Sales MoM & YoY, Export Sales, Initial Jobless Claims, Retail Sales Ex Autos MoM, Continuing Jobless Claims, Jobless Claims 4-Week Average,And PPI Ex Food, Energy & Trade MoM & YoY at 7:30 A.M., Business Inventories MoM and Retal Inventories […]
Looking At Reports From Celsius, Crowdstrike, And Chipotle
Image Source: Unsplash Finally, we are nearing the end of the earnings season reports! Probably just a few more updates to cover the rest of our followed stocks. Today we will look at reports from “3 C’s”: Celsius, CrowdStrike, and Chipotle. Celsius (CELH) Celsius remains one of my great regrets, not jumping into this thing when […]
Iron Ore Commentary – Thursday, March 14
Image Source: Unsplash Iron Under PressureThe sell-off in iron ore prices is accelerating this week with iron ore futures now down around 7% this week, extending the sell-off from YTD highs which has seen the market dropping around 25%. The main driver behind the move lower has been an uptick in concerns over the health of […]
Dick’s Sporting Goods Q4 Earnings: ‘Our Growth Opportunities Are Significant’
Dick’s Sporting Goods Inc (DKS) is trading up in premarket on Thursday after reporting solid financial results for its fourth quarter. Dick’s stock up on encouraging guidanceThe stock is in the green also because $DKS issued upbeat guidance for the future. The sports goods retailer now forecasts its adjusted per-share earnings to fall between $12.85 and $13.25 on […]
Crude Oil Commentary – Thursday, March 14
First Inventories Draw in 7 WeeksCrude prices are starting to build some bullish momentum here. After early weakness on Monday, crude futures have now recovered around 5% off the week’s lows and are fast approaching a fresh test of the YTD highs. Futures pushed firmly higher yesterday in response to the latest data from the […]
USD/JPY Trades Sideways Near 147.50 With Eyes On US Data
The USD/JPY pair consolidates in a tight range around 147.70 in Thursday’s European session. The asset struggles to find a direction as investors stay on the sidelines ahead of the United States Producer Price Index (PPI) and Retail Sales data for February, which will be published at 12:30 GMT. The economic data will provide fresh guidance on interest rates […]
Can PennantPark Investment Avoid Another Dividend Cut?
Image Source: Unsplash I have a soft spot in my heart for PennantPark Investment (NYSE: PNNT).A long time ago, when I was in my 20s, I was taking the train home and noticed that someone had left an investment newsletter behind. I don’t remember which newsletter it was (maybe it was from one of my predecessors here at […]
The Real Boom In Bitcoin Is NOT The Price
Image Source: Unsplash A look and a technical analysis of the cryptocurrency market.Video Length: 00:27:14More By This Author:Oil Markets Are Sending A Warning To The WorldBank Term Funding Program Shut Down, What Happens NextIf You Hear The Fed Mention 1995, Be On High Alert
