Friday, May 17, 2024

Traders, keep an eye on oil

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Oil is in the news today with crude futures at a potentially key level. The main item came this morning from the U.S. State Department,...

Metals on the Move as Dollar Takes a Hit

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Metals came back from the long weekend with a bang as money poured into gold and copper. Globex's gold futures (@GC) traded almost 333,000 contracts...

There Are Signs of Fear Leaving the Market

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Stocks are bouncing today after Washington and Beijing exchanged tariffs. Beyond those headlines, various signs have suggested fear is leaving the market. First, look at...

What’s cooking in copper?

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Just two days ago, a large bullish call roll appeared in copper giant Freeport McMoRan (FCX). The red metal's gone straight up since the...
Why the U.S. Dollar Is Pushing to its Highest Level in Two Years

Why the U.S. Dollar Is Pushing to its Highest Level in Two Years

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The greenback surged yesterday as America's growth prospects kept outshining the rest of the world. Futures on the U.S. dollar index (@DX) ended Wednesday's session...

Attention Returns to Oil as Iran Sanctions Loom

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Bullish sentiment seems to be growing in the energy market as Iranian sanctions take hold. U.S. WTI crude oil futures (@CL) are pushing the top...

Oil Holds Its Ground Despite Bearish News

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Something weird is happening in crude oil: It's not going down on bad news. Last night the American Petroleum Institute reported energy stockpiles rose by...

Transports Jump as Oil Retreats

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Airlines were the best subgroup in the market yesterday and railroads closed at a new record high.

Suddenly Latin America is Red Hot

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Move over China, here comes Brazil. Global stocks have outperformed domestics since last spring, mostly led by Chinese equities. But in the last week or...

Quadruple Witching Dates for 2022: How Can They Impact Stock and Futures Trading?

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Quadruple witching is an event in financial markets when four different sets of futures and options expire on the same day. Futures and options are...
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