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Rich Asplund

Fri, Jul 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

Stocks Rebound Higher as Deflator Report Supports Fed Rate-Cut Expectations

The S&P 500 Index ($SPX ) (SPY ) on Friday rose +1.14%, the Dow Jones Industrials Index ($DOWI ) (DIA ) rose +1.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) rose +1.03%. US stocks Friday rebounded higher...

$SPX : 5,459.10 (+1.11%)
SPY : 544.44 (+1.12%)
$DOWI : 40,589.34 (+1.64%)
DIA : 405.97 (+1.62%)
$IUXX : 19,023.66 (+1.03%)
QQQ : 462.97 (+1.03%)
MSFT : 425.27 (+1.64%)
META : 465.70 (+2.71%)
SPOT : 321.88 (-2.15%)
AMZN : 182.50 (+1.47%)
NVDA : 113.06 (+0.69%)
TSLA : 219.80 (-0.20%)
Dollar Slightly Lower as T-note Yields Fall After Dovish US Deflator

The dollar index (DXY00 ) on Friday fell slightly by -0.05% in lackluster trading. The dollar was undercut by Friday's -5.1 bp decline in the 10-year T-note yield to 4.190%, which followed the dovish...

DXY00 : 104.316s (-0.04%)
^EURUSD : 1.08559 (+0.09%)
^USDJPY : 153.763 (-0.11%)
GCQ24 : 2,381.0s (+1.17%)
SIU24 : 28.020s (+0.16%)
Sep Nat-Gas Prices Fall to Contract Low on Inventory Concerns

Sep Nymex natural gas (NGU24 ) on Friday closed down -0.021 (-1.01%), posting the fourth consecutive decline. Sep nat-gas prices on Friday extended the sharp 4-session sell-off and posted a new contract...

NGU24 : 2.051s (-1.01%)
Crude Oil Prices Fall on Demand Concerns

Sep WTI crude oil (CLU24 ) Friday closed down -1.12 (-1.43%), and Sep RBOB gasoline (RBU24 ) closed down -1.25 (-0.51%). Crude oil prices on Friday closed lower due to the week's theme of weaker global...

CLU24 : 77.16s (-1.43%)
RBU24 : 2.4170s (-0.51%)
Sugar Prices Fall Back Towards Wednesday's 1-1/4 Year Low

October NY world sugar #11 (SBV24) Friday closed down -0.24 (-1.29%), and Oct London ICE white sugar #5 (SWV24) closed down -4.70 (-0.88%). NY sugar prices Friday traded lower and fell back towards Wednesday's...

Cocoa Prices Rally as Volatility Continues

September ICE NY cocoa (CCU24) Friday closed up +233 (+2.99%), and September ICE London cocoa #7 (CAU24 ) closed up +120 (+1.88%). Cocoa prices Friday traded sharply higher as volatility continued in summer...

CCU24 : 8,038s (+2.99%)
CAU24 : 6,515s (+1.88%)
Arabica Coffee Prices Fall Back Towards 3-week Low

September arabica coffee (KCU24 ) Friday closed down -4.45 (-1.90%), and Sep ICE robusta coffee (RMU24 ) closed down -93 (-2.12%). Coffee prices on Friday fell sharply. Sep arabica coffee remained above...

KCU24 : 230.25s (-1.90%)
RMU24 : 4,302s (-2.12%)
Sugar Prices Fall Back Towards Wednesday's 1-1/4 Year Low

October NY world sugar #11 (SBV24 ) today is down -0.18 (-0.96), and Oct London ICE white sugar #5 (SWV24 ) is down -4.70 (-0.88%). NY sugar prices today are trading lower and are falling back towards...

SBV24 : 18.42s (-1.29%)
SWV24 : 526.70s (-0.88%)
Cocoa Prices Rally as Volatility Continues

September ICE NY cocoa (CCU24 ) is up +231 (+2.96%), and September ICE London cocoa #7 (CAU24 ) is up +120 (+1.88%). Cocoa prices today are trading sharply higher as volatility continues in summer trading....

CCU24 : 8,038s (+2.99%)
CAU24 : 6,515s (+1.88%)
Arabica Coffee Prices Head Back Towards 3-week Low

September arabica coffee (KCU24 ) today is down -4.45 (-1.90%), and Sep ICE robusta coffee (RMU24 ) is down -89 (-2.03%). Coffee prices are trading lower. Sep arabica coffee so far remains above Thursday's...

KCU24 : 230.25s (-1.90%)
RMU24 : 4,302s (-2.12%)

Author Links

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Death Cross imminent for Occidental Petroleum $OXY https://t.co/kVy23evqQf
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3M $MMM soars by 23%, its largest gain in history https://t.co/WyrLdhqOKW
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BREAKING 🚨: Wheat Wheat falls to lowest price since August 2020 https://t.co/xXmvccvdwL https://t.co/nPMR2EH700
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Gold Funds have seen the biggest 2-week inflow since March 2022 🪙 https://t.co/C014cQOAtb
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U.S. Home prices hit record high of $426,900! We did it 🥳🫡🫂 https://t.co/WiIeJaFjBc
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Nasdaq $QQQ closes below the 50D moving average for the first time since May 👀 https://t.co/7jYare8f8Y
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Paypal $PYPL - not a great chart since April https://t.co/vLP0R0ccps
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That hurts - Dexcom $DXCM https://t.co/sR0DeANOUW
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Japanese Stocks enter technical correction after suffering largest decline yesterday since June 2021 https://t.co/kts9Tf19T6
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Chinese Stocks on track for their worst week since February 🚨 https://t.co/u8wI8OZoFs
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