Gold? On fire. Silver? Even hotter. Base metals like copper? Looking good, too. But there is ONE commodity sellers can’t stop selling. Oil.
Live cattle futures were 15 to 35 cents higher at the Tuesday settlement. Open interest was up 2,007 contracts. Cash trade has yet to get kicked off this week, as last week was mostly $230. Feeder cattle...
Cotton price action is up 39 to 48 points so far on Wednesday Futures fell on Tuesday, down 72 to 84 points across the front months at the close. Pressure came from the synthetic market, with crude oil...
Soybeans are starting off Wednesday trade with fractional to 1 ½ cent losses. Futures closed the Tuesday session with contracts down 9 to 10 cents. Open interest was down 18,524 contracts, mainly in...
Corn is starting Wednesday trade with contracts fractionally to a penny higher. Futures closed out the Tuesday session with most contracts 2 to 3 ¼ cents lower at the final bell. Preliminary open interest...
Lean hog futures reversed higher from the Monday weakness, with Tuesday gains of 75 cents to $1 higher. Open interest suggested some short covering, down 4,899 contracts. USDA’s national base hog price...
Wheat is lower so far on Wednesday morning, with losses in all three markets. The wheat complex continued losses into the Tuesday close. Chicago SRW futures were 9 to 11 1/4 cents lower across most contracts....
Pinnacle West Capital has underperformed the Dow over the past year, but analysts are cautiously optimistic about the stock’s prospects.
Texas Pacific Land has underperformed the Energy sector over the past year, but analysts are cautiously optimistic about the stock’s prospects.
Yesterday, with Cisco Systems (CSCO) trading at $77.55, the January put option with a strike price of $77.50 was trading around $1.86. Traders selling this put would receive $186 in option premium.