Archive for April, 2009

Commodity News Digest

By Kristina Zurla Landgraf • Apr 30th, 2009 • Category: Commodity News Digest

April Sizing up to be Another Winning Month for U.S. Stocks - MarketWatch
Gold Falls on Economic Recovery Hopes, Copper Rallies - MarketWatch
Jobless Claims Fall, but Incomes and Spending Ease - Reuters
Oil Edges Higher, Stocks Support - Reuters
Egypt Starts Pig Slaughter, Some Farmers Resist - Reuters
How to Play Hogs (and Other Commodities) - CNBC
China Banks Surge [...]



Stock Indexes In Month-End Rally Mode

By Kristina Zurla Landgraf • Apr 30th, 2009 • Category: Broker Commentary, Market Updates

Stock index futures are higher in early trade, with June S&P 500 futures last up 16.50 at 885.50. Lind Plus Senior Market Strategist Jeff Friedman said perhaps the stock market is getting a little too emotional about the idea the recession will or is ebbing, given the data. He said the bump is most likely [...]



Commodity News Digest

By Kristina Zurla Landgraf • Apr 29th, 2009 • Category: Commodity News Digest

Fed Stands Pat, and Says Worst May be Over - MarketWatch
Treasury to Auction Record $71 Billion Next Week - MarketWatch
Sell in May and Go Away? - MarketWatch
Oil Rises on Hopes Recession Easing - Reuters
Copper Rallies as Inventories Drop, Equities Rise - Reuters
U.S. Economy Tumbles Steeply in First Quarter - Reuters
Ranieri Says Housing Market is Shouting [...]



Hog Price Plunge Costs Producers $5 Mln So Far

By Kristina Zurla Landgraf • Apr 29th, 2009 • Category: Broker Commentary, Market Updates, Trader Viewpoints

Report by MF Global Research Analyst Phil Stanley this morning on how the swine flu epidemic has impacted pork producers.
CME on pork—hog price plunge so far costs US hog producers nearly $5 mil
The industry is still fighting to get the message out that the virus is not transmitted through pork. Secretary of Agriculture Tom Vilsack [...]



Commodity News Digest

By Kristina Zurla Landgraf • Apr 28th, 2009 • Category: Commodity News Digest

Consumers, Home Prices Boost Recovery Hopes - Reuters
Gold Falls Below $900 on U.S. Dollar; Focus on Fed - Reuters
ETF Sec Platinum, Palladium ETC Holdings Increase - Reuters
Pandemic Fears Push Energy Prices Down Again - AP/Yahoo Finance
Anchor’s Away: Commentary: Fed Needs to Start Worrying About Inflation Before it’s Too Late - MarketWatch
Talk of 50-Year Treasury Bubbles [...]



Gold and Silver Looking Bullish for Bugs

By Kristina Zurla Landgraf • Apr 28th, 2009 • Category: Broker Commentary, Market Updates

Gold and Silver Watching Stocks, Looking Bullish for Bugs

By Greg Perlin
 
Historically, gold has been viewed as a safe-haven investment and an inflation hedge, and has risen when the stock market and the dollar are bearish. However, we have seen a shift in that correlation as gold and silver have both been holding up well amid [...]



Commodity News Digest

By Kristina Zurla Landgraf • Apr 27th, 2009 • Category: Commodity News Digest

Swine Flu Dampens Economic Outlook - Reuters
Economic Storm Clouds Breaking, Finance Leaders Say - Reuters
China Bans Pork Imports from U.S., Mexico - CNN Money
Gas Prices Hold Stead Over Past Two Weeks - CNNMoney
CME Livestock Review: Pork Sector Plunges, Cattle Pits Sink - FutureSource
Crop Markets React to Swine Flu - Cattlenetwork
U.S. Gas: Futures Fall to 6-Year [...]



Swine Flu Sinks Stock Indexes

By Kristina Zurla Landgraf • Apr 27th, 2009 • Category: Broker Commentary, Market Updates

Stock index futures are lower in early trade as swine flu has grabbed headlines. Lind Plus Senior Market Strategist Jeff Friedman notes June S&P futures remain above the 20-day moving average at 834, which is positive, but technical momentum indicators, the Stochastics and Relative Strength Index (RSI), are bearish and suggest a short-term top may [...]



Commodity News Digest

By Paul Nowak • Apr 24th, 2009 • Category: Commodity News Digest

Geihner Says Downturn May Be Easing - Reuters
U.S. Stocks Advance on Better-Than-Estimated Earnings - Bloomberg
Treasury 10-Year Yields Rise to 3% for First Time Since Buybacks Announced - Bloomberg
J.P. Morgan is the New King of Finance - Portfolio
Animal Spirits and the Capitalist Game - Wall Street Journal
In the Face of Inflation, Gold Still Shines - SmartMoney
What [...]



New Podcast: Weekly Review of Commodities for Traders

By Paul Nowak • Apr 24th, 2009 • Category: Broker Commentary

Get a bird’s eye view of commodity markets in this weekly podcast by Jeff Friedman, a Senior Market Strategist at Lind-Waldock. Each week, Jeff discusses the economy and a number of commodity markets, along with the stock market.
Listen to the most recent episode!