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Rich Asplund

Fri, Apr 26th, 2024

Rich Asplund

Rich Asplund

Richard is an investment analyst covering the global financial, equity, commodity, and clean energy markets.  Richard is the author of Profiting from Clean Energy: A Complete Guide to Trading Green in the Solar, Wind, Ethanol, Fuel Cell, Carbon Credit Industries, and more (Wiley, 2008) and is the contributing author of The CRB Commodity Yearbook (Wiley, 2003 through 2021) and The CRB Encyclopedia of Commodity and Financial Prices (Wiley, 2006, 2009).  Richard has been interviewed on CNBC, Fox, Bloomberg TV, Japanese NHK TV, and National Public Radio, and has been quoted in print publications such as Dow Jones, Reuters, USA Today, Newsweek and others.

Most Recent Stories

Strong Tech Earnings Boost Stocks

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +1.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.40%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.65%. US stock indexes...

$SPX : 5,099.96 (+1.02%)
SPY : 508.26 (+0.95%)
$DOWI : 38,239.66 (+0.40%)
DIA : 382.31 (+0.36%)
$IUXX : 17,718.30 (+1.65%)
QQQ : 431.00 (+1.54%)
ZNM24 : 107-185s (+0.20%)
GOOGL : 171.95 (+10.22%)
RMD : 218.06 (+18.89%)
NVDA : 877.35 (+6.18%)
KLAC : 706.26 (+4.95%)
AVGO : 1,344.07 (+3.84%)
Dollar Gains on Persistent US Price Pressures and Yen Weakness

The dollar index (DXY00 ) on Friday rose by +0.37%. The dollar on Friday recovered from a 2-week low and rose moderately. The dollar strengthened Friday as stronger-than-expected US economic reports...

DXY00 : 106.093 (+0.47%)
^EURUSD : 1.06934 (-0.34%)
^USDJPY : 158.344 (+1.73%)
GCM24 : 2,347.2s (+0.20%)
SIN24 : 27.535s (-0.35%)
Crude Prices Finish Higher on Middle East Tensions

June WTI crude oil (CLM24 ) on Friday closed up +0.28 (+0.34%), and May RBOB gasoline (RBK24 ) closed up +1.07 (+0.39%). Crude and gasoline prices posted moderate gains on Friday. Middle East tensions...

CLM24 : 83.85s (+0.34%)
RBM24 : 2.7440s (+0.39%)
Nat-Gas Prices Weighed Down by Ample US Supplies and Mild Temperatures

May Nymex natural gas (NGK24 ) on Friday closed down by -0.024 (-1.47%). May nat gas prices Friday tumbled to a 3-3/4 year nearest-futures low and closed moderately lower. Ample US nat-gas supplies and...

NGM24 : 1.923s (-3.17%)
Sugar Prices Pressured by Increased Sugar Output in Brazil

May NY world sugar #11 (SBK24 ) on Friday closed down -0.08 (-0.51%), and Aug London ICE white sugar #5 (SWQ24 ) closed up +0.10 (+0.02%). Sugar prices on Friday settled mixed. Sugar futures came under...

SBN24 : 19.09s (-0.37%)
SWQ24 : 563.70s (+0.02%)
^USDBRL : 5.11610 (-0.83%)
Dollar Strength Sparks Long Liquidation in Cocoa Futures

July ICE NY cocoa (CCN24 ) on Friday closed down -210 (-1.94%), and May ICE London cocoa #7 (CAK24 ) closed down -173 (-1.80%). Cocoa prices settled moderately lower on Friday as a stronger dollar (DXY00...

CCN24 : 10,594s (-1.94%)
CAN24 : 8,979s (-2.91%)
DXY00 : 106.093 (+0.47%)
Coffee Prices Close Lower as ICE Coffee Inventories Recover

July arabica coffee (KCN24 ) on Friday closed down -4.10 (-1.80%), and July ICE robusta coffee (RMN24 ) closed down -153 (-3.55%). Coffee prices on Friday posted moderate losses. A rebound in ICE-monitored...

KCN24 : 224.00s (-1.80%)
RMN24 : 4,151s (-3.55%)
Strength in the Brazilian Real Sparks Short Covering in Sugar

May NY world sugar #11 (SBK24 ) this morning is up +0.04 (+0.21%), and Aug London ICE white sugar #5 (SWQ24 ) is up +1.60 (+0.28%). Sugar prices this morning are posting modest gains as strength in the...

SBN24 : 19.09s (-0.37%)
SWQ24 : 563.70s (+0.02%)
^USDBRL : 5.11610 (-0.83%)
Cocoa Prices Fall Back on Dollar Strength

July ICE NY cocoa (CCN24 ) this morning is down -129 (-1.19%), and May ICE London cocoa #7 (CAK24 ) is down -153 (-1.591%). Cocoa prices this morning are moderately lower as a stronger dollar (DXY00 )...

CCN24 : 10,594s (-1.94%)
CAN24 : 8,979s (-2.91%)
DXY00 : 106.093 (+0.47%)
Coffee Prices Retreat as ICE Coffee Inventories Rebound

July arabica coffee (KCN24 ) this morning is down -4.30 (-1.89%), and July ICE robusta coffee (RMN24 ) is down -153 (-3.55%). Coffee prices this morning are posting moderate losses. A rebound in ICE-monitored...

KCN24 : 224.00s (-1.80%)
RMN24 : 4,151s (-3.55%)

Author Links

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Nvidia $NVDA scores best week since May https://t.co/3Ksphmoh9y
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This year, the U.S. will account for 26.3% of the world's gross domestic product, the highest level in almost 2 decades! 🇺🇸 https://t.co/hPhvRqSLPq
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Alphabet $GOOGL soars by more than 10% for its biggest daily gain since July 17, 2015 https://t.co/rIpaN3SPtC
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Intel $INTC closes at lowest price since July 👀 https://t.co/gNqHQOiEO7
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Stock Market remains fearful for the 10th consecutive trading day 👻😱 https://t.co/w6LXzXGReV
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Japanese Yen absolutely imploding before our very eyes https://t.co/9xQmE99Ueu
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Cities with the Most Billionaires https://t.co/dmXe1QbPlI
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Bitcoin $BTC on track for its first red month since August https://t.co/8NqmANd38D
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BREAKING 🚨: Japan Japanese Yen plummeted to a new 34-year low against the U.S. Dollar after the Bank of Japan kept rates unchanged https://t.co/gjInBUJ0LW https://t.co/uFi9FRG3SZ
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