News
The Implied Analyst 12-Month Target For IJK
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself.
Cattle Rallies to Close Above $200
Live cattle closed out a rallying Wednesday session with gains of $2.25 to $3.00, as February spiked above $200 a new all-time high for the spot contract. A few early cash sales have come in at $201 in the South, with some at $202, steady to $1 higher from last...
Nat-Gas Prices Rally on the Outlook for Colder US Temps
February Nymex natural gas (NGG25 ) on Wednesday closed up sharply by +0.204 (+5.43%). Feb nat-gas prices Wednesday recovered from a 1-1/2 week low and rallied sharply as updated weather forecasts turned much colder for the beginning of next month, which will boost heating demand for nat-gas. Forecaster Atmospheric G2...
S&P 500 Posts a Record High on Tech Strength and AI Optimism
The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.61%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.33%. March E-mini S&P futures (ESH25 ) are up +0.55%, and March E-mini Nasdaq futures...
NFLX Crosses Above Average Analyst Target
In recent trading, shares of Netflix Inc (Symbol: NFLX) have crossed above the average analyst 12-month target price of $890.89, changing hands for $953.99/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuat
Dollar Slightly Higher on Potential US Tariffs on China
The dollar index (DXY00 ) Wednesday rose by +0.09% after recovering from a 3-week low. The dollar recovered early losses after President Trump said that he is considering a 10% tariff on all Chinese goods in retaliation for the flow of fentanyl from the country. Also, dovish ECB comments Wednesday...
Crude Prices Slip on Dollar Strength and Tariff Concerns
March WTI crude oil (CLH25 ) Wednesday closed down -0.39 (-0.51%), and March RBOB gasoline (RBH25 ) closed down -0.0286 (-1.35%). Crude and gasoline prices Wednesday settled moderately lower, with gasoline falling to a 1-1/2 week low. Wednesday's stronger dollar was bearish for energy prices. Also, President Trump's threat to...
Nat-Gas Prices Rally on the Outlook for Colder US Temps
February Nymex natural gas (NGG25 ) on Wednesday closed up sharply by +0.204 (+5.43%). Feb nat-gas prices Wednesday recovered from a 1-1/2 week low and rallied sharply as updated weather forecasts turned much colder for the beginning of next month, which will boost heating demand for nat-gas. Forecaster Atmospheric G2...
Sugar Rallies on Brazilian Real Strength
March NY world sugar #11 (SBH25 ) Wednesday closed up +0.37 (+2.08%), and March London ICE white sugar #5 (SWH25 ) closed up +11.20 (+2.40%). Sugar prices Wednesday settled sharply higher after a rally in the Brazilian real (^USDBRL ) to a 6-week high prompted short-covering in sugar futures. The...
Cocoa Prices Supported by West African Crop Concerns
March ICE NY cocoa (CCH25 ) Wednesday closed up +116 (+1.00%), and March ICE London cocoa #7 (CAH25 ) closed up +107 (+1.16%). Cocoa prices Wednesday rose for the third consecutive session, with NY cocoa posting a 2-week high and London cocoa posting a 1-month high. Crop production concerns in...
Wall Street Breakfast Podcast: EU Weighs EV Subsidies Amid Struggles
EU weighs bloc-wide EV subsidies amid weak demand. Nuclear stocks rally as SC utility to reboot project to meet AI demand. CNN laying off 'hundreds' of employees; NBC News cuts some jobs.
Celestica (CLS) Soars 4.4%: Is Further Upside Left in the Stock?
Celestica (CLS) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Trump Tariff Threat Looms Over Bank Of Canada As Inflation Cools
Canadian inflation cooled to 1.8% in December, but with the threat of US tariffs on the horizon, are more BoC rate cuts ahead? Robert Both, Senior Macro Strategist, TD Securities, discusses.
MARA Holdings: Trump Trade That Wasn't; Buying Aggressively After Inauguration
Marathon Holdings is a top crypto miner with substantial Bitcoin holdings, yet its stock has moved sideways despite Bitcoin's rally. Explore more details here.
Corn Retreat on Wednesday
Corn bulls were taking some money off the table on the wobble Wednesday session, as contracts were down 5 to 6 cents in the nearbys and new crop December ¼ cent lower. The national average Cash Corn price from cmdtyView was down 5 3/4 cents at $4.49 1/4. USDA reported...
Wheat Settles Mixed on Wednesday
The wheat complex closed mixed across the three exchanges on Wednesday. The Chicago SRW market was 4 to 5 cents lower on the day. KC HRW contracts were fractionally in the red in the nearbys on Wednesday. MPLS spring wheat futures were steady to 2 cents in the green. The...
Cotton Falls Weaker on Wednesday
Cotton futures posted weaker trade on Wednesday, with contracts down 44 to 52 points in the nearbys. The outside markets were pressure factors, as the US dollar index is up 174, with crude oil 43 cents/barrel lower. Late on Tuesday, President Trump followed the Mexico and Canada tariff threat with...
Dollar Slightly Higher on Potential US Tariffs on China
The dollar index (DXY00 ) Wednesday rose by +0.09% after recovering from a 3-week low. The dollar recovered early losses after President Trump said that he is considering a 10% tariff on all Chinese goods in retaliation for the flow of fentanyl from the country. Also, dovish ECB comments Wednesday...
Crude Prices Slip on Dollar Strength and Tariff Concerns
March WTI crude oil (CLH25 ) Wednesday closed down -0.39 (-0.51%), and March RBOB gasoline (RBH25 ) closed down -0.0286 (-1.35%). Crude and gasoline prices Wednesday settled moderately lower, with gasoline falling to a 1-1/2 week low. Wednesday's stronger dollar was bearish for energy prices. Also, President Trump's threat to...
Sugar Rallies on Brazilian Real Strength
March NY world sugar #11 (SBH25 ) Wednesday closed up +0.37 (+2.08%), and March London ICE white sugar #5 (SWH25 ) closed up +11.20 (+2.40%). Sugar prices Wednesday settled sharply higher after a rally in the Brazilian real (^USDBRL ) to a 6-week high prompted short-covering in sugar futures. The...
Coffee Prices Finish Sharply Higher as Coffee Farmers Withhold Supplies
March arabica coffee (KCH25) Wednesday closed up +14.05 (+4.29%), and March ICE robusta coffee (RMH25 ) closed up +189 (+3.59%). Coffee prices Wednesday rallied sharply to 6-week highs after Brazilian research firm Cepea said that coffee farmers in Brazil are delaying coffee sales as they hold out for higher prices....
Corn Retreating Lower on Wednesday
The corn market is trading with 2 to 7 cent losses in most contracts on Wednesday, as futures pull back from recent strength. The national average Cash Corn price from cmdtyView is up 6 3/4 cents at $4.48 1/4. USDA reported a private export sale of 136,000 MT of corn...
Wheat Slipping Back on Wednesday
The wheat complex is trading with losses across the three exchanges at Wednesday’s midday. The Chicago SRW market is 5 to 6 cents lower so far. KC HRW contracts are down 2 to 3 cents in the nearbys on Wednesday. MPLS spring wheat futures are fractionally to 2 cents in...
Cotton Showing Mixed Trade on Wednesday
Cotton futures are trading with 10 to 12 point losses in the nearbys on the Wednesday session with deferred contracts slightly higher. The outside markets are mixed factors, as the US dollar index is up 159, with crude oil 5 cents/barrel higher. Late on Tuesday, President Trump followed the Mexico...
What to Expect from Targa Resources' Next Quarterly Earnings Report
Midstream energy giant Targa Resources is set to unveil its fourth-quarter results in the upcoming month and analysts expect a significant double-digit growth in earnings.
What You Need to Know Ahead of CBRE Group's Earnings Release
Real Estate giant CBRE Group is gearing up to announce its Q4 results in the upcoming month and observing the solid business momentum analysts expect a significant double-digit growth in earnings.
Here's Why Investors Should Hold on to Tetra Tech Stock Now
TTEK is poised to gain from business strength, acquisitions and shareholder-friendly moves. However, rising costs and expenses pose a threat to its margins and profitability.
2 Dividend Growth Stocks Poised for Long-Term Outperformance
Dividend growth investing is a powerful strategy for long-term wealth creation. Companies that consistently raise their dividends demonstrate three crucial qualities: robust financial health, prudent management, and enduring competitive advantages. This winning combination has hi
Looking Ahead To 1Q 2025: Fixed Income Opportunities In A Dynamic Global Environment
From investment grade to high yield, municipals, and private credit, solid credit metrics and favorable demand dynamics are helping offset tighter spreads and volatility. Click to read.