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Barchart News

Fri, May 10th, 2024
3 Dividend Kings That Cut (Or Will Cut) Their Dividends

Dividend aristocracy isn't always a sure thing. Here are 3 companies that have been or will be booted from the coveted king's list.

MMM : 98.93 (+1.64%)
WBA : 17.19 (-0.35%)
LEG : 12.76 (-1.69%)
2 Silver Mining Stocks to Buy While They're Cheap

Here are two low-priced silver mining stocks that analysts expect to rally from here.

SIN24 : 28.506s (+0.50%)
MAG : 12.70 (-3.20%)
SVM : 3.59 (unch)
Live Cattle Turn Around to Close Friday Higher

Live cattle saw initial weakness on Friday, as contracts closed with gains of 20 to 55 cents. Cash was mixed around this week, with the South seeing action anywhere from $183-185, and the North at $186-187....

LEM24 : 176.150s (+0.11%)
LEQ24 : 174.125s (+0.23%)
LEV24 : 177.425s (+0.24%)
GFK24 : 238.800s (+0.06%)
GFQ24 : 250.900s (-0.06%)
GFU24 : 251.975s (-0.04%)
Wheat Bulls Punch Higher on Friday as Chicago Hits 5 Month High

The wheat complex saw stronger trade on Friday, with assistance from some bull friendly USDA numbers. Chicago contracts were up 18 ¼ to 26 cents across most active contracts. Kansas City futures were...

ZWK24 : 645-6s (+4.20%)
ZWN24 : 663-4s (+4.08%)
KEK24 : 697-2s (+3.18%)
KEN24 : 673-2s (+3.30%)
MWK24 : 708-2s (unch)
Cotton Heads Lower to Round Out the Week

The cotton market closed with losses of 55 to 133 points across most contracts on Friday, despite USDA calling for a tighter carryout on old crop. The Friday afternoon Commitment of Traders report showed...

CTN24 : 77.31s (-1.64%)
CTV24 : 76.74s (-1.30%)
CTZ24 : 75.13s (-1.74%)
Hogs Push Higher on Friday

Lean hogs saw gains of 20 to 87 cents across most contracts on Friday, with May down 25 cents and sticking close to the index ahead of next week’s expiration. USDA’s National Average Base Hog negotiated...

HEK24 : 91.725s (-0.27%)
HEM24 : 98.375s (+0.67%)
HEN24 : 101.450s (+0.40%)
Soybeans Hold Gains Despite Less Friendly USDA Numbers

Bean futures saw Friday action heading higher into the weekend, as contracts were up anywhere from 1 ¾ to 12 ¼ cents across the board. Soymeal futures were down $1-$2.40/ton. Soy Oil was in rally mode...

ZMN24 : 371.9s (-0.27%)
ZLN24 : 44.44s (+4.22%)
ZSK24 : 1205-0s (+1.03%)
ZSPAUS.CM : 11.5612 (+0.86%)
ZSN24 : 1219-0s (+0.87%)
ZSX24 : 1205-6s (+0.44%)
ZSPX24US.CM : 11.4384 (+0.44%)
Corn Heads Into the Weekend on a High Note

Corn futures posted gains of 4 ¼ to 13 ¼ cents on the Friday session. Futures closed out the day near the highs, following the release of some bull friendly USDA data. In the Friday afternoon Commitment...

ZCK24 : 455-6s (+2.94%)
ZCPAUS.CM : 4.4617 (+2.93%)
ZCN24 : 469-6s (+2.90%)
ZCZ24 : 492-0s (+2.50%)
ZCPZ24US.CM : 4.6225 (+2.56%)
Stocks Shake off Mostly Negative News to Close Mildly Higher

The S&P 500 Index ($SPX ) (SPY ) Friday rose +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) rose +0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) rose +0.26%. US stocks on Friday gained support...

$SPX : 5,222.68 (+0.16%)
SPY : 520.84 (+0.13%)
$DOWI : 39,512.84 (+0.32%)
DIA : 395.18 (+0.30%)
$IUXX : 18,161.18 (+0.26%)
QQQ : 442.06 (+0.24%)
ZNM24 : 108-225s (-0.36%)
MU : 121.24 (+2.91%)
AMAT : 209.73 (+1.65%)
NVDA : 898.78 (+1.27%)
ASML : 930.29 (+1.83%)
MRVL : 68.47 (+1.17%)
Dollar Sees Support from Hawkish Fed Comments

The dollar index (DXY00 ) Friday rose slightly by +0.07%. The dollar saw support from hawkish Fed comments and negative inflation news, which sparked a +4.9 bp rise in the 10-year T-note yield to 4.502%...

DXY00 : 105.301s (+0.07%)
^EURUSD : 1.07713 (-0.10%)
^USDJPY : 155.774 (+0.19%)
GCM24 : 2,375.0s (+1.48%)
SIN24 : 28.506s (+0.50%)

Tweets @Barchart

Barchart
@Barchart
And there goes Orange Juice! Mimosas off the menu again 🤦‍♂️ https://t.co/TTt4TGlf0P
Barchart
@Barchart
Roughly 1 in 37 homes are now seriously underwater https://t.co/D7bAxWZQN9
Barchart
@Barchart
Looks like Wheat is the next commodity to get sent. Now trading at highest price since August. https://t.co/73WDSihAOn
Barchart
@Barchart
This wouldn't be too good 😱 https://t.co/xfoYwd7Qp8
Barchart
@Barchart
S&P 500 stock buybacks hit highest level in 6 years https://t.co/fvrBq9zQBm
Barchart
@Barchart
JUST IN 🚨: JP Morgan loves Bitcoin A month ago, JP Morgan $JPM CEO called $BTC a fraud and a ponzi. Today, it was revealed that JP Morgan has invested in Bitcoin Spot ETFs! https://t.co/KSw9zJNZEi https://t.co/IbAkOUygN4
Barchart
@Barchart
Will the S&P 500 $SPX hit a new all-time high next week?
Barchart
@Barchart
0DTE (zero days to expiration) options now account for almost 50% of all S&P 500 $SPX options volume 👀 https://t.co/veDA4QI7Jl
Barchart
@Barchart
Bitcoin $BTC will hit $1 million by 2030 says Twitter Founder Jack Dorsey https://t.co/2zOoUesPWE
Barchart
@Barchart
The Unstoppable Dow Jones Industrials has now traded green for 8 consecutive days, its longest winning streak since December! https://t.co/W0jP7VZn6D

Chart of the Day

Dave Inc (DAVE)

The Chart of the Day belongs to fintech company Dave (DAVE) . 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 feature to...
Read More

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