Soybean prices are at an all-time high as crops wilt under a blanket of hot, dry weather.
Soybeans for August delivery gained 2.7 percent Wednesday to end at $16.835 per bushel, which was a record high. Corn and wheat prices also rose. Continue reading "Soybeans set all-time high as heat damages crops"
Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 18th of July.
Depending on who you speak to, the stock market is either going to fall off a fiscal cliff or the stock market is going to make new highs.
The truth lies somewhere in between. Right now, the markets are in very broad trading range without any clear-cut trend. The intermediate-term trend is positive, however that trend is tempered by the longer term trend that we follow. The long-term trend indicates that the stock market remains in a bear market and that the current rally is just a counter-trend rally in a bear market.
So who is right? Well, the one thing I can guarantee is that the market is always right eventually. Continue reading "Daily Video Update: Are we in a bull or bear stock market right now ?"
(RTTNews) - With technology stocks helped to lead the way higher, significant strength has emerged on Wall Street on Wednesday. The major averages have climbed firmly into positive territory, adding to the gains posted in the previous session.
The markets have benefited from considerable strength among tech stocks, which have shown a substantial move to the upside despite disappointing guidance from semiconductor giant Intel (INTC). Continue reading "Tech Sector Rally Pushing Stocks Higher Today"
Can an investor ever know enough about financial markets to make a truly informed decision?
Even professionals must cope with imperfect knowledge, and the constant uncertainty that comes with it. That's why every investor looks to others for signals about what to do. Continue reading "Witness the Epic Battle Between Investor Hope and Investor Fear"
(RTTNews) - After seeing considerable volatility in morning trading, stocks moved mostly higher over the course of the trading session on Tuesday. The markets benefited from a positive reaction to the latest batch of earnings news as well as the release of largely upbeat U.S. economic data.
The major averages moved roughly sideways going into the close, hovering firmly in positive territory. The Dow climbed 78.33 points or 0.6 percent to 12,805.54, the Nasdaq rose 13.10 points or 0.5 percent to 2,910.04 and the S&P 500 advanced 10.03 points or 0.7 percent to 1,363.67. Continue reading "Stocks Shrug Off Early Volatility To Close Firmly Positive"
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