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Amazon Stock Earnings Were Music to My Ears

2 years 8 months ago
In this video, I will be talking about Amazon's (NASDAQ: AMZN) fourth-quarter earnings report, a new AI announcement, and a couple of important points that were mentioned during the earnings call. While Amazon stock might look expensive, it is becoming more profitable by the quar

Corn Fading through Thursday

2 years 8 months ago
Midday corn prices are 2 ¼ to 3 ¾ cents weaker so far for Thursday. Preliminary open interest continues to increase, with another 11,466 contracts added yesterday and big new bets made by both sides in the old crop March, May, and July. Basis tightened on Wednesday with a national...

Beans Fading with MY Low Export Demand

2 years 8 months ago
March beans are again battling at the $12 mark with double digit weakness through Thursday following the poor export sales data. Soymeal futures are also $620 to $7.80 weaker through midday. Soy oil futures are trading 39 to 51 points lower so far. Weekly Export Sales data had a new...

Cotton Futures Rallying on Export Demand

2 years 8 months ago
Thursday’s cotton market is trading triple digits higher in old crop and 3 to 41 points higher in new crop at midday. The Federal Reserve decided to maintain the 5.25% to 5.5% target rate for the Fed Funds rate, as expected, but opened the door a little wider for future...

Wheats Mixed for Midday Market Quotes

2 years 8 months ago
Midday wheat futures are trading on both sides of UNCH for Thursday. Chicago prices are mostly higher but mixed within 2 ½ cents of UNCH. KC prices are mostly lower within 3c of UNCH. And MPLS spring wheat quotes are up by ½ to 1 ¾ cents. USDA’s weekly Export...

Cattle Rallying Out Of More Bullish than Expected NASS Data

2 years 8 months ago
Thursday’s reaction to the semi-annual NASS Cattle Inventory report has the board trading triple digits higher at midday. Fat cattle are up by as much as $2.45 while feeders are working with near $5 gains at midday. USDA confirmed some light cash trade on Wednesday, mostly near $176. The CME...

Thursday Pullback for Hog Futures

2 years 8 months ago
Hogs are backing off through Thursday with triple digit weakness at midday. USDA’s National Average Base Hog price was up by $3.16 on Wednesday afternoon to $62.56. The 1/26 CME Lean Hog Index was up another 70 cents to $70.60. Weekly FAS data showed 42.9k MT of pork was sold...

Thursday Sector Laggards: Financial, Energy

2 years 8 months ago
Looking at the sectors faring worst as of midday Thursday, shares of Financial companies are underperforming other sectors, showing a 0.5% loss. Within that group, AFLAC Inc (Symbol: AFL) and MetLife Inc (Symbol: MET) are two of the day's laggards, showing a loss of 9.3% and 5

Thursday Sector Leaders: Materials, Utilities

2 years 8 months ago
The best performing sector as of midday Thursday is the Materials sector, up 1.6%. Within that group, Corteva Inc (Symbol: CTVA) and FMC Corp. (Symbol: FMC) are two large stocks leading the way, showing a gain of 18.4% and 8.2%, respectively. Among the high volume ETFs, one E
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