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Barchart News

Wed, Apr 24th, 2024
Stocks Settle Mixed on Rising Bond Yields and Tech Strength

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.32%. US stock indexes...

$SPX : 5,071.63 (+0.02%)
SPY : 505.41 (-0.05%)
$DOWI : 38,460.92 (-0.11%)
DIA : 384.44 (-0.15%)
$IUXX : 17,526.80 (+0.32%)
QQQ : 426.51 (+0.34%)
ZNM24 : 107-250 (-0.27%)
TSLA : 162.13 (+12.06%)
HAS : 65.03 (+11.85%)
WAB : 163.38 (+10.04%)
CSGP : 91.95 (+8.66%)
BSX : 72.91 (+5.68%)
1 Cheap Growth Stock to Scoop Up Now

Discover why First Solar looks like a standout investment in the rapidly expanding solar energy sector, bolstered by a new upgrade from analysts at Wells Fargo.

FSLR : 177.48 (-1.45%)
$SPX : 5,071.63 (+0.02%)
WFC : 60.60 (-0.56%)
What's Left in the US Dollar Seasonal Rally?

Despite no signs of deceleration in US growth and geopolitical risk, the US Dollar has rallied 6% off its year-to-date seasonal low. While the European Central Bank (ECB) is considering rate cuts in June,...

Dollar Gains with Higher T-Note Yields and Yen Weakness

The dollar index (DXY00 ) on Wednesday rose +0.16%. The dollar on Wednesday recovered from a 1-1/2 week low and moved moderately higher. Strength in T-note yields Wednesday boosted the dollar. Also,...

DXY00 : 105.825 (+0.14%)
^EURUSD : 1.06983 (-0.03%)
^USDJPY : 155.360 (+0.34%)
GCM24 : 2,328.1 (-0.60%)
SIK24 : 27.190 (-0.63%)
Crude Prices Settle Lower on Dollar Strength and Easing Iran-Israel Tensions

June WTI crude oil (CLM24 ) on Wednesday closed down -0.55 (-0.66%), and May RBOB gasoline (RBK24 ) closed up +0.76 (+0.28%). Crude and gasoline prices Wednesday settled mixed. Strength in the dollar...

CLM24 : 82.83 (-0.64%)
RBM24 : 2.7075 (+0.24%)
Nat-Gas Prices Slump on Mild US Temps and Elevated Inventories

May Nymex natural gas (NGK24 ) on Wednesday closed down by -0.159 (-8.77%). May nat gas prices Wednesday fell to a 1-week low and closed sharply lower on forecasts for mild US weather and abundant nat-gas...

NGM24 : 1.974 (-5.73%)
2 'Strong Buy' Energy Stocks Under $10

As the energy sector outperforms the broader market this year, here are two Canadian energy stocks under $10 showing significant upside potential.

$SREN : 735.21 (+0.10%)
$SPX : 5,071.63 (+0.02%)
CLM24 : 82.83 (-0.64%)
CPG : 8.85 (-0.11%)
OBE : 8.57 (+0.47%)
XOP : 156.21 (+0.47%)
NGK24 : 1.655 (-8.66%)
Sugar Prices Finish Higher on Consolidation After Recent Losses

May NY world sugar #11 (SBK24 ) on Wednesday closed up +0.09 (+0.45%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +3.40 (+0.59%). Sugar prices posted moderate gains on Wednesday as they consolidated...

SBN24 : 19.77s (+0.56%)
SWQ24 : 576.60s (+0.59%)
Cocoa Prices End Sharply Higher as Global Supplies Expected to Remain Tight

May ICE NY cocoa (CCK24 ) on Wednesday closed up +459 (+4.34%), and May ICE London cocoa #7 (CAK24 ) closed up +336 (+3.55%). Cocoa prices Wednesday rallied sharply on the outlook for global cocoa supplies...

CCN24 : 11,017s (+5.49%)
CAN24 : 9,487s (+4.10%)
Robusta Coffee Posts a New Record High on Coffee Crop Concerns in Vietnam

July arabica coffee (KCN24 ) on Wednesday closed up +4.05 (+1.83%), and May ICE robusta coffee (RMK24 ) closed up +273 (+6.46%). Coffee prices Wednesday moved higher, with robusta soaring to a new record...

KCN24 : 225.90s (+1.83%)
RMN24 : 4,266s (+3.62%)

Tweets @Barchart

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Tesla $TSLA and Meta Platforms $META are NOT the same situation. Tesla had tons of negative news and expectations already priced into the stock. Meta was priced to perfection, including a 400% gain over the last 18 months.
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@Barchart
Death Candle for $META after reporting earnings - ouch https://t.co/kba4ufm8ZC
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@Barchart
Adobe Systems $ADBE on track for its 3rd consecutive green day, its longest winning streak in more than 2 months https://t.co/ctmrrVO44n
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@Barchart
Wheat hits highest closing price in more than 3 months 👀 https://t.co/0mf1Sfq5r5
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S&P 500 $SPX holding the 100D moving average as support so far https://t.co/kgV8EU970x
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@Barchart
BREAKING 🚨: Boeing $BA falls to lowest price since November 2022 https://t.co/kL1gOIAytG https://t.co/ZdMgMf6PQG
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The Biden Administration is proposing raising capital gains taxes to 44.6% https://t.co/bA56BHt1KE
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Today's 4 Stock Market Movers: $TSLA $HAS $HLT $TDY https://t.co/WkHj47Upxm
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$META on its way to today's earnings announcement https://t.co/szHW8k5cqY
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The U.S. is headed for a financial crisis because of soaring national debt warns billionaire investor Leon Cooperman https://t.co/fwh3w9j0Rz

Chart of the Day

Allstate Corp (ALL)

The Chart of the Day belongs to the P&C insurance company Allstate (ALL) . 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 the Flipchart...
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