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Rich Asplund

Tue, May 14th, 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 Close Little Changed on Caution Ahead of US Inflation Reports

The S&P 500 Index ($SPX ) (SPY ) Monday closed down -0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.21%. US stocks on...

$SPX : 5,221.42 (-0.02%)
SPY : 520.91 (+0.01%)
$DOWI : 39,431.51 (-0.21%)
DIA : 394.46 (-0.18%)
$IUXX : 18,198.61 (+0.21%)
QQQ : 443.08 (+0.23%)
ZNM24 : 108-270 (+0.01%)
INCY : 57.60 (+8.56%)
WBA : 18.12 (+5.41%)
AAPL : 186.28 (+1.76%)
INTC : 30.51 (+2.21%)
WYNN : 97.99 (+1.66%)
Dollar Falls Slightly on Lower Bond Yields

The dollar index (DXY00 ) on Monday fell by -0.06%. The dollar was under pressure Monday from lower T-note yields, which weakened the dollar’s interest rate differentials. The dollar was also undercut...

DXY00 : 105.194 (-0.02%)
^EURUSD : 1.07971 (+0.07%)
^USDJPY : 156.443 (+0.14%)
GCM24 : 2,349.4 (+0.27%)
SIN24 : 28.600 (+0.55%)
Crude Rallies on Dollar Weakness and Chinese Energy Demand Optimism

June WTI crude oil (CLM24 ) on Monday closed up +0.86 (+1.10%), and June RBOB gasoline (RBM24 ) closed up +1.08 (+0.43%). Crude oil and gasoline prices posted moderate gains on Monday. A weaker dollar...

CLM24 : 78.95 (-0.21%)
RBN24 : 2.4788 (-0.72%)
Nat-Gas Prices Surge on the Outlook for Warm US Temps

June Nymex natural gas (NGM24 ) on Monday closed up +0.129 (+5.73%). June nat-gas prices on Monday rallied to a new 3-1/2 month nearest-futures high and settled sharply higher. Prices rallied on the outlook...

NGN24 : 2.552 (-1.35%)
Sugar Prices Fall Sharply on Easing Supply Concerns

July NY world sugar #11 (SBN24 ) on Monday closed down -0.67 (-3.47%), and Aug London ICE white sugar #5 (SWQ24 ) closed down -19.30 (-3.39%). Sugar prices Monday sold off sharply, with NY sugar falling...

SBN24 : 18.35 (-1.50%)
SWQ24 : 543.00 (-1.27%)
Cocoa Prices Finish Sharply Lower on Rain Forecasts for West Africa

July ICE NY cocoa (CCN24 ) on Monday closed down -1,725 (-19.40%), and July ICE London cocoa #7 (CAN24 ) closed down -1,565 (-20.69%). Cocoa prices on Monday plunged to 1-week lows and settled sharply...

CCN24 : 7,437 (+3.78%)
CAZ24 : 5,312 (+3.55%)
Coffee Prices Fall as ICE Coffee Inventories Rebound

July arabica coffee (KCN24 ) on Monday closed down -5.10 (-2.54%), and July ICE robusta coffee (RMN24 ) closed down -41 (-1.19%). Coffee prices on Monday retreated due to a recovery in ICE coffee inventories....

KCN24 : 195.20 (-0.43%)
RMN24 : 3,375 (-0.71%)
Sugar Prices Slump as Global Sugar Supply Concerns Ease

July NY world sugar #11 (SBN24 ) this morning is down -0.56 (-2.90%), and Aug London ICE white sugar #5 (SWQ24 ) is down -16.50 (-2.90%). Sugar prices this morning are sharply lower, with NY sugar falling...

SBN24 : 18.35 (-1.50%)
SWQ24 : 543.00 (-1.27%)
Cocoa Prices Plummet on Rain Forecasts for West Africa

July ICE NY cocoa (CCN24 ) this morning is down -1,707 (-19.20%), and July ICE London cocoa #7 (CAN24 ) is down -1,550 (-20.49%). Cocoa prices this morning plunged to 1-week lows and are sharply lower....

CCN24 : 7,437 (+3.78%)
CAZ24 : 5,312 (+3.55%)
Coffee Prices Slide as ICE Coffee Inventories Rebound

July arabica coffee (KCN24 ) this morning is down -4.80 (-2.39%), and July ICE robusta coffee (RMN24 ) is down -47 (-1.37%). Coffee prices today are sharply lower on a recovery in ICE coffee inventories....

KCN24 : 195.20 (-0.43%)
RMN24 : 3,375 (-0.71%)

Author Links

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Hold Stocks where upside is more likely than downside. Goldman Sachs once again proving why they make the big bucks! Simply tremendous stuff here 🙏🫡 https://t.co/GZzQ2fSeAe
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We've just witnessed something for the first time in our lives! The largest outperformance of corporate vs. government bonds in the last 100 years 👀 https://t.co/GZ4YQOBF3B
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Japan's 20-Year Government Bond Yield just hit its highest level in more than a decade 🚨 https://t.co/jBLHqLPGDz
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S&P 500 $SPY volume today was the lowest since November 11, 2021 (excluding holiday shortened trading days) https://t.co/OKH6Ed2kv8
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Copper jumps to highest price since April 2022 👀 https://t.co/2uGO55Gknj
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Global Stocks rose to a record high on Friday 🚨 https://t.co/wyYRgEvezB
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Apple $AAPL picking up some steam here and finishes with its highest closing price since February https://t.co/UijiOnbHcN
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Just 2.03% of U.S. companies are responsible for half of the wealth creation from 1929-2019 👀 https://t.co/K2R9MTdMCl
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AMC Entertainment $AMC continued to soar in after hours trading and has now more than doubled in value from Friday's closing price https://t.co/M1xdHc1j0j
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The next 500 points for the S&P 500 $SPX will be down warns Stifel https://t.co/XHibNSAiuw
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