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Rich Asplund

Tue, Dec 10th, 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 End Lower on Anxiety Ahead of Wednesday’s US CPI Report

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.34%. Stocks on Tuesday...

ALK : 61.29 (+13.16%)
GOOGL : 185.17 (+5.59%)
DHI : 157.00 (-2.46%)
CFG : 46.40 (+0.94%)
MTN : 195.44 (+2.50%)
MDB : 290.90 (-16.92%)
$IUXX : 21,368.18 (-0.34%)
ZNH25 : 110-290 (-0.08%)
FERG : 194.94 (-10.47%)
PHM : 125.34 (-2.44%)
NCLH : 26.40 (+1.69%)
WBA : 10.42 (+17.74%)
Dollar Gains Ahead of Wednesday’s US CPI Report

The dollar index (DXY00 ) Tuesday rose by +0.23%. Higher T-note yields on Tuesday supported moderate gains in the dollar. Also, a downward revision to US Q3 unit labor costs supported the dollar. In...

DXY00 : 106.283 (-0.11%)
GCG25 : 2,737.8 (+0.71%)
^USDCAD : 1.41605 (-0.15%)
SIH25 : 32.875 (+0.39%)
^USDJPY : 151.581 (-0.25%)
^EURUSD : 1.05383 (+0.10%)
Crude Prices Finish Higher on Hopes of Improved Chinese Energy Demand

January WTI crude oil (CLF25 ) Tuesday closed up +0.22 (+0.32%), and January RBOB gasoline (RBF25 ) closed up +0.0043 (+0.22%). Crude oil and gasoline prices posted modest gains on Tuesday. Crude prices...

CLF25 : 69.07 (+0.70%)
RBF25 : 1.9655 (+0.44%)
The Outlook for Warmer US Temps Undercuts Nat-Gas Prices

January Nymex natural gas (NGF25 ) on Tuesday closed down by -0.019 (-0.60%) Jan nat-gas prices on Tuesday settled moderately lower on the outlook for warmer US weather, which will reduce heating demand...

NGF25 : 3.191 (+0.89%)
Sugar Prices Weighed Down as the Supply Outlook Improves

March NY world sugar #11 (SBH25 ) Tuesday closed down -0.46 (-2.14%), and March London ICE white sugar #5 (SWH25 ) closed down -16.30 (-2.94%). Sugar prices retreated Tuesday, with NY sugar posting a 1-week...

SBH25 : 21.04s (-2.14%)
SWH25 : 538.70s (-2.94%)
Cocoa Settles Sharply Higher on Global Supply Woes

March ICE NY cocoa (CCH25 ) Tuesday closed up +476 (+4.72%), and March ICE London cocoa #7 (CAH25 ) closed up +308 (+3.80%). Cocoa prices settled sharply higher on Tuesday as they extended their six-week...

CCH25 : 10,557s (+4.72%)
CAH25 : 8,404s (+3.80%)
Arabica Coffee Climbs to a Record as Volcafe Cuts its Brazil Crop Outlook

March arabica coffee (KCH25 ) Tuesday closed up +4.05 (+1.23%), and January ICE robusta coffee (RMF25 ) closed up +22 (+0.42%). Coffee prices on Tuesday extended their sharp week-long rally, with Mar arabica...

RMH25 : 5,232s (+0.62%)
KCH25 : 334.15s (+1.23%)
Sugar Tumbles as the Global Sugar Supply Outlook Improves

March NY world sugar #11 (SBH25 ) today is down -0.49 (-2.28%), and March London ICE white sugar #5 (SWH25 ) is down -16.90 (-3.05%). Sugar prices today are retreating, with NY sugar posting a 1-week low...

SBH25 : 21.04s (-2.14%)
SWH25 : 538.70s (-2.94%)
Cocoa Prices Surge as Global Supplies Shrink

March ICE NY cocoa (CCH25 ) today is up +479 (+4.75%), and March ICE London cocoa #7 (CAH25 ) is up +327 (+4.04%). Cocoa prices today are sharply higher as they extend their six-week rally. Mar NY cocoa...

CCH25 : 10,557s (+4.72%)
CAH25 : 8,404s (+3.80%)
Arabica Coffee Soars to a Record High as Drought Decimates Brazil's Coffee Crop

March arabica coffee (KCH25 ) today is up +11.55 (+3.50%), and January ICE robusta coffee (RMF25 ) is up +156 (+2.97%). Coffee prices today are sharply higher, with Mar arabica posting a contract high...

CCH25 : 10,557s (+4.72%)
CAH25 : 8,404s (+3.80%)

Author Links

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That Ripple $XRP dump was bought up fast 👀 https://t.co/rDVVmfFkt1
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Stock Market Fear & Greed Index falls to lowest level in 5 weeks 🚨 https://t.co/Q4Ks9dSsLs
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Can't believe they're going to take our Chocolate and Coffee in the same week! Absolutely Brutal 🤦‍♂️ https://t.co/zmUej8sHoN
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BREAKING 🚨: India Indian Rupee has fallen to an all-time low against the U.S. Dollar https://t.co/pr8XMaW4q7 https://t.co/Uw5FYEhD1e
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Ladies and Gentlemen, I present to you Fartcoin! A cryptocurrency now valued at $330 Million 😂 https://t.co/qx8RBUXpLX
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Source: @VisualCap
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The World's 20 Largest Economies https://t.co/e4gZ8uiAzR
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Bloomberg says a Bitcoin $BTC Reserve would be the biggest Crypto Scam yet 🚨 Do you agree? 🤔 https://t.co/ujwTMoMDX8
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A God Candle for Walgreens? Not something you see every day. $WBA on track for biggest gain in history after rumors swirl about a potential sale. https://t.co/VITbEnGuEY
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Microsoft $MSFT in 2030 😂😂 https://t.co/sN2JEepIPg
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