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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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, [...]
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!
