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Barchart News

Wed, May 15th, 2024
Dollar Falls and Gold Rallies on Dovish US Economic Reports

The dollar index (DXY00 ) on Wednesday fell by -0.64% and posted a 5-week low. Wednesday’s US economic reports were dovish for the Fed and weighed on the dollar. Also, Wednesday’s rally in the S&P...

DXY00 : 104.326s (-0.65%)
^EURUSD : 1.08823 (+0.58%)
^USDJPY : 154.954 (-0.94%)
GCM24 : 2,392.5 (+1.38%)
SIN24 : 29.940 (+4.31%)
Nat-Gas Prices Climb as Warmer US Temps Boost Nat-Gas Demand Prospects

June Nymex natural gas (NGM24 ) on Wednesday closed up +0.072 (+3.07%). June nat-gas prices on Wednesday rallied to a 3-3/4 month nearest-futures high on expectations that warm US temperatures will boost...

NGN24 : 2.624 (+2.54%)
Crude Prices Settle Higher as the Dollar Weakens and EIA Inventories Decline

June WTI crude oil (CLM24 ) on Wednesday closed up +0.61 (+0.78%), and June RBOB gasoline (RBM24 ) closed up +3.72 (+1.51%). Crude oil and gasoline prices rebounded Wednesday from 2-1/2 month lows and...

CLM24 : 78.91 (+1.14%)
RBN24 : 2.4921 (+1.66%)
Sugar Prices Pressured by Strong Brazil Sugar Production

July NY world sugar #11 (SBN24 ) on Wednesday closed down -0.22 (-1.17%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -10.70 (-1.93%). Sugar prices on Wednesday settled moderately lower but...

SBN24 : 18.65s (-1.17%)
SWQ24 : 542.30s (-1.93%)
Cocoa Prices Close Sharply Higher on Recovery After Monday's Plunge

July ICE NY cocoa (CCN24 ) on Wednesday closed up +521 (+7.12%), and July ICE London cocoa #7 (CAN24 ) closed up +405 (+6.59%). Cocoa prices on Wednesday settled sharply higher on ideas that this week's...

CCN24 : 7,843s (+7.12%)
CAN24 : 6,554s (+6.59%)
Coffee Prices Post Moderate Losses as ICE Coffee Inventories Rebound

July arabica coffee (KCN24 ) on Wednesday closed down -1.45 (-0.72%), and July ICE robusta coffee (RMN24 ) closed down -31 (-0.90%). Coffee prices today posted moderate losses on a rebound in ICE coffee...

KCN24 : 199.40s (-0.72%)
RMN24 : 3,402s (-0.90%)
1 Underperforming Dividend Stock With a 'Compelling' Valuation

Despite lagging behind the broader market, here’s a dividend-paying gem trading at an attractive valuation.

ENR : 30.85 (+0.78%)
MS : 100.52 (+1.15%)
$SPX : 5,308.15 (+1.17%)
ENS : 98.56 (+0.41%)
3 Microcap Stocks With Big Breakout Potential

Analysts see substantial potential for price appreciation in these three microcap stocks from their current levels.

BTBT : 2.37 (+4.87%)
^BTCUSD : 65,943.73 (+7.01%)
^ETHUSD : 3,016.662 (+4.32%)
RGTI : 1.2200 (-7.58%)
XFOR : 0.9762 (-0.93%)
1 Natural Gas Stock That's Keeping the Lights On in Europe

Europe no longer gets much natural gas from Russia. That country's Gazprom has been replaced by one company from Norway that is now supplying 30% of Europe's gas at a higher price than Russian gas. That...

EQNR : 28.07 (+0.18%)
LNG : 156.12 (-0.83%)
NGM24 : 2.409 (+2.77%)
Snap Inc Shows Unusual Call Options Activity Today - Investors Seem Bullish on SNAP Stock

Snap Inc. stock has shown unusual call options activity today as reported in a Barchart report. Investors may be turning bullish on SNAP stock after Snap reported another positive FCF quarter.

SNAP : 16.21 (+3.78%)

Tweets @Barchart

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Michael Burry is back! This time he’s loading up on $10 million worth of physical gold $PHYS https://t.co/GilsdgaDZR
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Credit Card Delinquencies rise to highest level in more than a decade 👀 https://t.co/xjofsQqlDJ
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Greed returns to the Stock Market for the first time since April 11! Yesssss, we did it 🥳🤑🫰 https://t.co/q5NbyGH61y
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Nvidia $NVDA surging to highest price since March https://t.co/RAcT4K6ygi
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Come on WSJ, don't do this to Buffett 😂 https://t.co/kNM77R8kKO
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S&P 500 $SPX hits all-time high 🚨 https://t.co/h3obRYHDtM
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BREAKING 🚨: GameStop $GME now down more than 30% on the day https://t.co/A3XneF0dLB https://t.co/fmLBGXUe4Y
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Ooops 🤦‍♂️😂 https://t.co/iWVJwHxiS3
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U.S. Dollar Index $DXY falling to its lowest level in more than a month https://t.co/iHtBAf93M7
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AMC Entertainment $AMC options volume is still well short of what it was during the 2021 Meme Mania https://t.co/vjQ2MxZqAj

Chart of the Day

Universal Stainles (USAP)

The Chart of the Day belongs to basic metals company Universal Steel & Alloy (USAP) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used...
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