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Meteorology's MJO index: What it means and how it is affecting sugar and coffee prices

Jim explains how the MJO may be the factor behind the price movements in sugar and coffee

SBN24 : 18.87s (+1.29%)
SBV24 : 18.88s (+1.12%)
SWQ24 : 553.00s (+0.55%)
SWZ24 : 520.70s (+0.62%)
CANE : 11.65 (+1.11%)
RMN24 : 3,433s (+1.00%)
RMU24 : 3,364s (+1.14%)
New Builders initiative looks to fight polarization by encouraging collaboration and alliances

A coalition that includes entrepreneur and philanthropist Daniel Lubetzky, actor Liev Schreiber, journalist Katie Couric, and director of the Muhammad Ali Center Lonnie Ali announced Tuesday that it would...

$SPX : 5,246.68 (+0.48%)
$DOWI : 39,558.11 (+0.32%)
$IUXX : 18,322.77 (+0.68%)
GBPCAD advances bullish sequence from equal leg

Hello traders. In this blog post, we will look at how (GBPCAD) advances bullish sequence from late 2023 after it bounced from an equal leg area. As you know, we analyze and trade 78 instruments with members...

^GBPCAD : 1.71821 (-0.04%)
USDX Elliott Wave: Forecasting the Decline from Equal Legs Area

Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of Dollar Index, published in members area of the website. As our members know, USDX has ended...

Cattle Rally Alongside Boxed Beef Pop

Live cattle closed the Tuesday session with $1.60 to $2.72 gains, as boxed beef rallied for a second consecutive day. Cash action was mostly compiling showlists early this week. Last week was mixed, with...

LEM24 : 178.175s (+1.48%)
LEQ24 : 176.125s (+1.57%)
LEV24 : 179.350s (+1.43%)
GFK24 : 243.275s (+1.63%)
GFQ24 : 255.675s (+1.72%)
GFU24 : 256.625s (+1.74%)
Wheat Bull Hit Speed Bump on Tuesday

The wheat complex fell into Turnaround Tuesday across the three exchanges. Chicago contracts were down 1 ½ to 14 ½ cents led by the front months. Kansas City futures closed out with losses of 7 ¼ to...

ZWK24 : 657-0s (-1.98%)
ZWN24 : 679-2 (+1.00%)
KEK24 : 724-0s (unch)
KEN24 : 687-0 (+0.55%)
MWK24 : 729-2s (-2.11%)
Hogs Close Tuesday with Strength

Lean hogs saw some gains to round up the Tuesday session, up 7 to 87 cents across the board. USDA’s National Average Base Hog negotiated price was up $1.05 in the Tuesday afternoon print at $90.83. The...

HEK24 : 91.825s (+0.41%)
HEM24 : 98.325s (+0.87%)
HEN24 : 100.925s (+0.87%)
Soybeans Drop on Tuesday

Soybean closed Turnaround Tuesday with contracts down 4 ½ to 7 ¼ cents. Soymeal futures were back up on the day, with gains of $2.80 to $6.10/ton. Soy Oil collapsed 131 to 184 points on the session....

ZMN24 : 374.0 (+0.19%)
ZLN24 : 43.65 (+0.58%)
ZSK24 : 1199-0s (-0.54%)
ZSPAUS.CM : 11.5168 (-0.41%)
ZSN24 : 1217-4 (+0.25%)
ZSX24 : 1208-4 (+0.29%)
ZSPX24US.CM : 11.4325 (-0.63%)
Cotton Close With Limit July Losses

The cotton market saw July settled down the 3 cent limit, as other contracts were down 11 to 148 points on the day. Limits are expanded to 4 cents for the Wednesday session Crude oil was down $0.72 and...

CTN24 : 73.97 (-0.88%)
CTV24 : 75.58s (-1.92%)
CTZ24 : 73.96 (-0.30%)
Corn Pulls Back on Tuesday

Corn futures ended the Tuesday session with contracts fractionally to 5 cents lower out to July ’25. Deferred contracts were steady to ¾ cent higher. USDA reported a large private export sale of 405,000...

ZCK24 : 453-6s (-1.04%)
ZCPAUS.CM : 4.4401 (-1.13%)
ZCN24 : 469-2 (+0.37%)
ZCZ24 : 492-6 (+0.36%)
ZCPZ24US.CM : 4.6175 (-0.43%)

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JUST IN 🚨: Copper on track for highest closing price in history https://t.co/HOMKJ57y06 https://t.co/6K1fECkMPj
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Undergraduate Student Loan Interest Rates just hit 6.53%, the highest level in AT LEAST a decade https://t.co/1VKRyixIYl
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Mass panic among short sellers as Jim Cramer says to sell $AMC and $GME https://t.co/jalQ198UWI
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Peter Lynch: “The market will go down sometimes. It’s a good thing when it does but if you’re not ready for that, you shouldn’t own stocks.” https://t.co/Op3uPyIH6I
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79% of S&P 500 $SPX stocks are now trading above their 200D moving average and approaching the highest level in the last 2 years https://t.co/oN7wELbDM9
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BREAKING 🚨: Meme Stock Short Sellers Short sellers in $AMC and $GME have now lost a combined $2.4 billion this week according to Ortex Technologies https://t.co/zlT3u0Zd9x
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JP Morgan $JPM closes at all-time highs 🚨 https://t.co/KYGROxRg4w
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Top 6 Economies by Share of Global GDP https://t.co/Qm7dqDp1yV
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Big Short Investor Danny Moses lists Tesla $TSLA as his favorite short play and says shares could fall to $50 https://t.co/ZdPWI55LwZ
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An $80,000 income is now needed to afford the typical U.S. Rental https://t.co/0anPoaI25i

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Chart of the Day

Kewaunee Scientifi (KEQU)

The Chart of the Day belongs to lab equipment company Kewaunee Scientific (KEQU) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart...
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Major Market Indices

Symbol Last %Chg
$SPX 5,246.68 +0.48%
S&P 500 Index
$NASX 16,511.18 +0.75%
Nasdaq Composite
$DOWI 39,558.11 +0.32%
Dow Jones Industrials Average
$ONE 2,495.51 +0.54%
S&P 100 Index

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