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Wed, Apr 24th, 2024
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Stock market today: Wall Street edges higher as more earnings come in ahead of inflation data

Wall Street pointed higher in premarket trading as investors pore over more corporate earnings data ahead of an important inflation update later in the week

GE : 162.62 (+8.28%)
RNECY : 7.5600 (+0.53%)
F : 12.94 (+0.47%)
FB : 196.64 (+0.51%)
BA : 169.18 (-0.76%)
$SPX : 5,070.55 (+1.20%)
$DOWI : 38,503.69 (+0.69%)
$IUXX : 17,471.47 (+1.51%)
$YM_F Dow Futures Reacting Higher After Double Correction Lower

This technical blog will look at the past performance of the 4-hour Elliott Wave Charts of Dow futures ticker symbol: $YM_F.

Wheat Mixed on Wednesday Morning

The wheat futures complex is mixed this morning, with KC leading higher, CBT heading lower, and MPLS unch. They continued this week’s rally on Tuesday. Chicago contracts were up 8 to 15 ¼ cents on the...

ZWK24 : 580-4 (-0.77%)
ZWN24 : 599-0 (-0.62%)
KEK24 : 610-0 (+0.21%)
KEN24 : 613-2 (-0.16%)
MWK24 : 665-0 (-0.23%)
Hogs Bulls Switch Focus to Wednesday

Lean hogs saw gains of $1.20 to $2.45 on Tuesday. USDA’s National Average Base Hog negotiated price was up $1.54 cents from the Monday afternoon print, at $91.85 on Tuesday afternoon. The CME Lean Hog...

HEK24 : 98.575s (+1.94%)
HEM24 : 107.950s (+2.32%)
HEN24 : 109.950s (+2.11%)
Cattle Take Foot Off the Gas, Closed Mixed on Tuesday

Live cattle were higher early in the Tuesday session but bulls felt queasy by midday. Futures closed down 12 to 90 cents in the nearbys and 32 cents to $1.12 higher out in the 2025 contracts. Cash action...

LEJ24 : 183.350s (-0.26%)
LEM24 : 177.150s (-0.51%)
LEQ24 : 175.500s (-0.51%)
Corn Prices Green to Start Wednesday

Corn is trading ½ cent to a penny higher early on Wednesday. The Tuesday action in the corn market saw futures close mixed with 2023 and 2024 crop up 1 ¼ to 3 ¼ cents Contracts for the ’25 crop and...

ZCK24 : 442-4 (-0.11%)
ZCPAUS.CM : 4.2696 (-0.11%)
ZCN24 : 452-2 (-0.06%)
ZCZ24 : 474-4 (-0.05%)
ZCPZ24US.CM : 4.4331 (-0.06%)
Soybeans Higher Following Overnight Trade

Soybeans are up 1 ½ to 3 cents after a round of overnight back and forth trade. Futures posted gains of as little as a fraction to as much as 6 ¼ cents on Tuesday. Soymeal turned around on midday weakness...

ZMN24 : 347.3 (+0.35%)
ZLN24 : 45.55 (-0.72%)
ZSK24 : 1167-6 (+0.02%)
ZSPAUS.CM : 11.1556 (+0.03%)
ZSN24 : 1181-6 (-0.02%)
ZSX24 : 1172-6 (-0.11%)
ZSPX24US.CM : 11.1236 (-0.11%)
Cotton Showing Mixed Trade

Overnight action in the cotton market has futures mixed again with front months up 8 to 18 points and other contracts down 2 to 35 points. They reversed some of Tuesday’s early intraday weakness, with...

CTK24 : 80.22s (+0.22%)
CTN24 : 81.82 (+0.12%)
CTZ24 : 78.08 (unch)
Elliott Wave Calling for FTSE to Extend Higher

Short Term Elliott Wave view on FTSE suggests that rally from 8.18.2023 low is unfolding as a 5 waves impulse. Up from 8.18.2023 low, wave 1 ended at 7745.82 and pullback in wave 2 ended at 7279.86. Up...

Boeing posts a $355 million loss as the plane maker tries to dig out from under its latest crisis

Boeing is reporting a $355 million loss for the first quarter

BA : 169.18 (-0.76%)
$SPX : 5,070.55 (+1.20%)
$DOWI : 38,503.69 (+0.69%)
$IUXX : 17,471.47 (+1.51%)

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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