Wednesday, May 1, 2024
Grains Crash as Corn Has Bumper Crop at a Difficult Time

Grains Crash with Corn Glut Expected to Worsen

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Grains are crashing on signs of a worsening commodity glut. CBOT Corn Futures (@C) dropped more than 6 percent halfway through Monday's session. The last...
Retailers Crash as Unsold Merchandise Piles Up: Earnings This Week

Retailers Crash as Unsold Merchandise Piles Up: Earnings This Week

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Retail earnings are off to a bearish start as unsold merchandise piles up and shopping centers go quiet. Macy's (M) started things on a bearish...
Retailers Rebound as Earnings Season Ends on a Strong Note

Retailers Rebound as Earnings Season Ends on a Strong Note

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Retail stocks rebounded from a selloff last week as investors shrugged off tariff fears and looked for strong earnings into the holidays. Target (TGT), Home...
Trade War Escalates as China and Trump Exchange Blows

Trade War Escalates as China and Trump Exchange Blows

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So much for a quiet Friday in August. The drama started early today when China slapped tariffs on $75 billion of U.S. goods. S&P 500...
Consumer Keeps Looking Stronger as Other Parts of the Economy Soften

Consumer Keeps Looking Stronger as Other Parts of the Economy Soften

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The U.S. consumer keeps roaring ahead, even as investors worry about President Trump's trade war against China. Consumer spending rose 4.7 percent between April and...
The Fed Takes a Hawkish Turn, Thanks to the U.S. Consumer

The Fed Takes a Hawkish Turn, Thanks to the U.S. Consumer

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The Federal Reserve took a hawkish turn yesterday, thanks to an improving U.S. consumer. "Household spending has been rising at a strong pace," the central...

Amazon.com Tries to Rejoin the Trillion Dollar Club as FANG Lags

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Amazon.com is trying to regain an elite status it lost because of coronavirus: a trillion-dollar market capitalization. The e-commerce giant briefly reached that valuation in...
Stocks Hold a Key Level Again as the Economy Reopens

Stocks Hold a Key Level Again as the Economy Reopens

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Stocks fell last week but held a key level. Attention will now focus on the economy reopening for Memorial Day. The S&P 500 initially tried...
E-Commerce and the Cloud Have Taken Over the World: Earnings Season Recap

E-Commerce and the Cloud Have Taken Over the World: Earnings Season Recap

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Earnings season is pretty much finished, and the main story wasn't Covid-19. Instead, it was the complete dominance of e-commerce and cloud computing. Megacap Internet...
Sports Betting Lifts Penn National, Boyd Jumps on Strong Reopening. Are Casinos Back in Play?

Sports Betting Lifts Penn National, Boyd Jumps on Strong Reopening. Are Casinos Back in...

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Some casino stocks are moving as investors focus on sports betting and the economy reopening. However certain key names are lagging. Penn National Gaming (PENN)...
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