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Lean Hog Futures Reach 4-Week Low. Hit the Sell Button Here.

The daily chart for October lean hog futures (HEV26) shows that prices are trending down and have recently hit a four-week low. See, too, that the moving average convergence divergence (MACD) indicator is in a bearish p…

Another AI lab is burning through cash as Tencent earnings rise

Two very different pictures of China’s artificial intelligence race are coming into focus at the same time. Tencent, the roughly $500 billion conglomerate behind WeChat and one of the world’s largest gaming businesses, …

New Strong Sell Stocks for August 12th

Albertsons Companies, Inc. ACI is an operator of food and drug stores. The Zacks Consensus Estimate for its current year earnings has been 5.1% downward over the last 60 days.

Bull of the Day: MYR Group Inc. (MYRG)

MYR Group Inc. MYRG is one of the largest specialty electrical construction contractors in the U.S. and one of the best pure-play stocks to buy within an increasingly critical behind-the-scenes industry required to fuel…

Why is Samsung Electronics stock surging today?

Micron Technology surged 18% on Thursday, rebounding from recent declines as Samsung’s Q2 earnings signaled long-term memory chip shortages due to AI demand. This commentary effectively countered previous bearish narrat…

Cotton Pushes Higher on Tuesday

Cotton futures held higher in the front months on Tuesday, with gains of 9 to 64 points and the deferred contracts lower. The outside markets were being ignored, with crude oil down 51 cents/barrel and the dollar index …

Dollar Slightly Higher as Crude Oil Rallies and Stocks Fall

The dollar index (DXY00) rose by +0.06% on Tuesday. The dollar found support on Tuesday after WTI crude oil prices rose more than +1% to a 1-week high, which raises inflation expectations and may persuade the Fed to tig…