The current price of key market indexes

[Value Buy]

I do not know about platinum.
It has been trading below gold for over a year now.
A year ago it was about $40 under gold.

Owning the physical commodity seems to be a little useless.
No dividends or interest coming in. Too much money tied up to have any worthwhile position.
Now if we had the crystal bell telling us when it will skyrocket, that would be another thing.
Silver accumalation at this area seems okay, but it can still drop from here.........at least you are not committing a large amount of money at this range.

[Value Buy]

OJ futures were on fire for a week or so.
The tropical storm going through Florida reportedly hurt the orange trees.
This plus the ongoing citris fungus and Brazil saying their crop is poor, portends much higher retail prices in our future.

The funny thing is, retail prices never went down when futures traded as much lower prices.

[Value Buy]

June 15th closing prices


Dow 17,640.17
Nasdaq 4,834.93
S&P 500 2,071.50
Russell 2000 1,149.30
Transportation Index 7,569.07
Utility Index 679.46

Gold $1,295.30 oz
Platinum $976.60
Silver $17.57 oz
Copper $2.091

Brent oil $48.97 per barrel
WTI oil $47.66 per barrel
Gasoline $1.499 gallon NY Harbor
Natural gas $2.591
Heating oil $1.499 gallon
Diesel $1.499 gallon
Coal $39.50

Wheat $477.50
Corn $429.00
Soybeans $1,156.00
Orange juice $162.40
Lumber $297.90


Live cattle $113.575
Lean hogs $86.825

Ten year Treasury 1.57%

Euro $1.1262
Canadian dollar $.7744
Yen $1.0515

Oil complex does not want to move above $55 a barrel right now. Every time it approachs that level we see a sell off.
Stocks are jittery too. Gets close to a new yearly high, then we see another sell off on the indexes. Until the Fed finally actually raises interest rates it looks like stocks will just bob up and down.
Lumber has dropped quite a bit, and yet housing starts are strong.

The ten year treasury is really interesting. Dropped hard and fast. Some specialists say it could go to 1.20 or lower before bottoming out.
The Canadian dollar has risen against the dollar due to rising oil prices.
The yen is dropping against the dollar.

[Deleted]

Gets close to a new yearly high, then we see another sell off on the indexes. Until the Fed finally actually raises interest rates it looks like stocks will just bob up and down.

My thoughts exactly; why? Because prices on both Stocks & Bonds are stretched waaaay out there by and large far past reasonable for what return they provide..

And until the FED throws enough of a bone (raises rates high enough that banks have to start paying savers better than 0.01%) out there things will never re-adjust...

The markets (and average Joes & Janes) are being held hostage by the FED..

[Value Buy]

Where do we wind up at the end of the day on the indexes?
What time will the DOW index circuit breaker kick in?
Or will it?
British pound just hit a thirty year low.....no reason for that.
Fear is good!
Keep your powder dry and at the ready today. We will see some real bargains today

[Value Buy]

We are currently down 490 points.
Does anyone think we will see a big sell off at the close today?

So far, most stocks are not any worse off than they were ten trading days ago.

[ModE98]

Slowly down a bit around 2:50 EDT, could get worse; but hope not.....we shall see.
Next week could also show weakness until things get sorted out by the "big money" institutional boys on Wall Street.  They could use this as an excuse to bring prices down 15-20% further so they can load up on bargain prices as weak hands "bail".

[ModE98]

Glad it was a very short sell-off.  Thought brexit might have had at least a week or two downward effect.  Sometimes things just do not turn out as bad as they seem.  Wiping egg off my face.

[Value Buy]

The quarter ends tomorrow, so there could be some worldwide window dressing of mutual funds and money pools, but it does look like we came out rather well.

A year from now we will see if Europe suffered a longterm problem.
I still feel USA is the safehaven of the world.
I will not be investing in 
China, (I know you liked them)
Japan,
Europe,
or South America

Currency flare ups just make it too darn hard for common everyday investors to come out whole, especially as we get older and we do not have decades to turn mistakes around.
Canada would be fine to invest in, but a lot of Canadian companies are available to us in our markets, but even the Canadian dollar fluctuates with the direction of commodities

[Value Buy]

June 30th closing prices

Dow 17,929.99
Nasdaq 4,842.67
S&P 500 2,098.86
Russell 2000 1,149.98
Transportation Index 7,485.13
Utility Index 716.52

Gold $1,324.90 oz
Platinum $1,031.90
Silver $18.85 oz
Copper $2.2045

Brent oil $49.72 per barrel
WTI oil $48.38 per barrel
Gasoline $1.4847 gallon NY Harbor
Natural gas $2.916
Heating oil $1.473 gallon
Diesel $1.4847 gallon
Coal $39.50

Wheat $445.25
Corn $374.50
Soybeans $1,154.50
Orange juice $177.35
Lumber $311.60

Live cattle $114.70
Lean hogs $83.80

Ten year Treasury 1.48%

Euro $1.1102
Canadian dollar $.7735
Yen $1.0327

Check out the stock indexes from the fifteenth and yesterday.
They are all positive except for transports.
Metals complex is strong based on Brexit, and platinum is very strong.
Oil complex is flat during all the turmoil, but ng is way up off it's lows
Grains are down, but oj is flying!
Ten year is below 1.5%

[Value Buy]

July 15th closing prices

Dow 18,516.55
Nasdaq 5,029.59
S&P 500 2,161.74
Russell 2000 1,205.17
Transportation Index 7,985.17
Utility Index 710.12

Gold $1,329.00 oz
Platinum $1,093.80
Silver $20.145 oz
Copper $2.2355

Brent oil $47.64 per barrel
WTI oil $46.00 per barrel
Gasoline $1.4215 gallon NY Harbor
Natural gas $2.753
Heating oil $1.3971 gallon
Diesel $1.3973 gallon
Coal $43.50

Wheat $425.50
Corn $358.25
Soybeans $1,056.00
Orange juice $184.20
Lumber $337.70

Live cattle $110.925
Lean hogs $77.925

Ten year Treasury 1.56%

Euro $1.1061
Canadian dollar $1.29.44/$77.26
Yen $1.0532

What a ride we are seeing. Dow up 885 points in a 30 days.All the indexes are up. Do we see DOW 19,000 this month, or did we top out?
Gold/metal complex is strong.
Oil complex in a tight trading range, but slightly down for the same period. Coal has been exactly even  with no deviation of cost. Does it even trade anymore?
Grain complex is down slightly, oj up, and lumber strong.
Cattle and hogs in a tight range
Ten year rallied this week from below 1.39 to 1.56 this week. Big move when hundred of percents are important. 

[The Virginian]

""Coal has been exactly even with no deviation of cost. Does it even trade anymore?""

I bought ARLP & CNXC a few months ago and have been rewarded handsomely for the purchases. Coal is down but a long ways from being out. I hope to reap rewards from it for a few more years.

[tyfighter3]

Here's one reason why Beef is up. Good going Kids.

www.agr.state.il.us/isf/media-center/release.php?id=87

[Value Buy]

July 31st closing quotes

Dow  18,400.88 
Nasdaq  5213.22
S&P 500  2170.94
Russell 2000 1241.45
Transportation  7878.69
Utility Index 666.86

Gold  $1311.60 oz
Platinum $1052.50
Silver $18.71 oz
Copper  $2.0775

Brent oil  $47.04 barrel
WTI  $44.76 barrel
Gasoline  $1.4135 gallon NY Harbor
Natural gas  $2.878
Heating oil  $1.4102 gallon
Diesel  $1.4115 gallon
Coal  $40.00

Wheat  $391.00
Corn  $315.25
Soybeans  $941.25
OJ $184.10
Lumber  $312.50

Live cattle  $106.25
Lean hogs  $62.825

Ten year Treasury 1.58%

Euro  $111.55
Canadian dollar  $131.113/$.7626
Yen  $103.48


Since these were never posted until today, I will refrain from any comments.......
As most of you know, I have been absent, and have not paid particular attention to the markets.

[Value Buy]

September 15th closing quotes

Dow  18,212.48
Nasdaq  5,249.69
S&P 500  2,147.26
Russell 2000  1,286
Transportation index  7,754.36
Utility Index  666.14

Brent Oil  $46.59 barrel
WTI Oil  $43.91 barrel
Gasoline $1.4302 NY Harbor gallon
Natural gas  $2.91
Heating oli  $1.414 gallon
Diesel $1.4135 gallon
Coal $40.00

Gold  $1,318.00 oz
Platinum  $1033.80
Silver $19.041 oz
Copper  $2.163

Wheat  $399.50
Corn  $330.00
Soybeans  $950.50
Oj $194.60
Lumber  $301.00

Live Cattle  $106.93
Lean hogs  $55.15

Ten year Treasury bond  1.69%

Euro $1.1244
Canadian dollar $1.321/ $.7536
Yen  $102.10

[Value Buy]

September 30th closing quotes

Dow  18,308.15
Nasdaq  5,312.00
Russel  1,251.60
Transportation Index  8,078.79
Utility Index  668.13

Brent oil  $49.05 barrel
WTI Oil  $47.96 barrel
Gasoline  $1.4886 NY harbor gallon
Natural gas  2.913
Heating oil  $1.53 gallon Diesel  $1.5302 gallon
Coal  $40.00

Gold  $1,320.00 oz
Platinum $1,028.00
Silver $19.23 oz
Copper  2.215

Wheat $402.00
Corn  $336.25
Soybeans  $953.50
OJ  $205.00
Lumber  $ 336.90

Live cattle  $100.25
Lean hogs  $44.225

Ten year Treasury bond  1.59%

Euro  $1.1242
Canadian dollar  $1.3124/$.7620
Yen  $101.37

[Value Buy]

October 14th closing quotes

Dow  18,138.34
Nasdaq  5,214.16
S&P 500  2,126.15
Transportation Index  8,058.02
Utility Index  675.23

Brent Oil  $51.95 barrel
WTI Oil  $50.32 barrel
Gasoline  $1.4971 NY harbor gallon
Natural gas  $3.284
Heating Oil  $1.566 gallon
Diesel  $1.568 gallon

Gold  $1,251.70 oz
Platinum  $936.80
Silver $17.42 oz
Copper  2.1055

Wheat $420.50
Corn  $343.50
Soybeans $962.75
Oj  $187.75
Lumber $323.30

Live Cattle  $97.375
Lean Hogs $42.00

Ten Year Treasury bond  1.8%

Euro  $1.0972
Canadian dollar  $131.39/$.7611
Yen $104.08

[Value Buy]

October 31st closing quotes

Dow  18,142.42
Nasdaq 5,189.13
S&P 500  2,126.15
Russell 2000  1,191.40
Transportation Index  8,058.02
Utility Index  675.23

Brent Oil  $48.32 barrel
WTI Oil  $46.74 barrel
Gasoline  $1.4428 NY harbor gallon
Natural gas  $3.016
Heating Oil  $1.4955 gallon
Diesel $1.495 gallon
Coal  $40.00

Gold  $1,278.60 oz
Platinum  $980.80
Silver  $17.89 oz
Copper  $2.02065

Wheat  $415.25
Corn  $354.50
Soybeans  $1,003.25
Oj  $220.00
Lumber $308.70

Live Cattle  $103.25
Lean Hogs  $48.05

Ten Year Treasury bond  1.83%

Euro $1.0979
Canadian dollar $.7454
Yen $1.0484

[Value Buy]

November 15th closing quotes

Dow  18,923.06
Nasdaq  5,275.62
S&P 500 Index 2,180.39
Russell 2000  1,302.14
Transportation Index 8,814.50
Utility Index  635.53

Brent Oil  $46.91
WTI Oil  $45.66
Gasoline  $1.3338 NY harbor gallon
Natural gas  $2.709
Heating Oil  $1.4409 gallon
Diesel $1.44 gallon 
Coal  $40.00

Gold  $1,226.80
Platinum  $940.40
Silver $17.065 oz
Copper  $2.506

Wheat  $399.00
Corn  $341.50
Soybeans  $989.50
Oj  $208.65
Lumber  $312.90

Live Cattle  $ 105.475
Lean Hogs  $46.125

Ten Year Treasury Bond  2.22%

Euro $1.0722
Canadian dollar  $.7431
Yen $109.06

So far, this month the big movers are the stocks, up on the Presidential election..........after they predicted a pull back if Trump won. Brexit miss number two for the stock markets guru's........Dow has gained 780 points since October 31st when the market thought Clinton had the win. 
Ten year bond is a runaway train right now, even pushing 30 year mortgages to 4 percent. This in turn has hurt the metal complex. Gold is down $96 an oz since September 30th.
OJ futures are on a solid run, but grain commodities are in a fairly tight range.
Oil is still in a non committal range varying from wti of $43.90 to over $50 a barrel since early September. Looks like we will be in the high $40's to low $50's unless OPEC comes to terms with cuts in production. Now the U.S. has discovered recoverable oil reserves in Texas that will keep us in supply for decades to come.

[Value Buy]

November 30th closing quotes

Dow 19,123.38
Nasdaq 5,323.68
S&P 500 Index 2,198.82
Russell 2000 1,324.29
Transportation Index 8,981.71
Utility Index 632.68

Brent Oil $50.45 barrel
WTI Oil $49.06 barrel
Gasoline $1.4833 NY harbor gallon
Natural gas $3.345
Heating Oil $1.5709 gallon
Diesel $1.57 gallon
Coal not traded

Gold $1,174.00 oz
Platinum $910.50
Silver $16.555 oz
Copper $2.6205

Wheat $402.75
Corn $348.00
Soybeans $1,032.25
Oj $217.65
Lumber $329.70

Live Cattle $ 111.925
Lean Hogs $55.15

Ten Year Treasury Bond 2.38%

Euro $1.0598
Canadian dollar $.7446
Yen $114.37
Peso $.0486

Nice finish for the month. One of the strongest monthly performances on record. Dow gained over 1,000 points.
Commodities are all very strong the last two weeks, except for the metal complex and interest rates.
Saudi Arabia surprised everyone by stating they would absorb most of the production cuts to maintain product output and pricing, although production will be 2,000,000 barrels a month more than in 2014. With world economies looking stronger, it is anticipated that number can be absorbed. OPEC still has to prove to the markets that no one will over produce, so this is still a work in progress 
I will be dropping coal and diesel fuel from future listings due to lack of demand of contracts, and probably add the peso due to President Trump, the Wall, and jobs, becoming such a lively issue and causing turmoil between the dollar and peso. Anyone wonder shy manufacturers are moving south of the border, just look at the peso value versus the dollar.
One would think vacation destinations in Mexico would be dirt cheap, but alas, not like the peso......... 
Look for your red meat at the grocery store to start climbing. Cattle futures are climbing fast. Lean hogs are back to same pricing as mid September.

[wyouser]

Nice to see the rise in confidence since the election too.

[Value Buy]

Dow is up another 400 points in seven days now.
Transport index is on fire.
Oil complex has stabilized a little

The Trump rally is officially in full swing.

[tyfighter3]

I smell profit takers in the wind.

[Deleted]

tyfighter3

More like the FED finally acted by raising rates (albeit pathetically) after a year of bullshitting folks AND then as soon as the markets reacted in a positive manner;

The FED started running their yap in an effort to burn the house down; yet once again as they have done so many times over the last year...

Yet more of the same, further trying to hold on to the destructive, communistic policy of the last decade..

Sorry, the country needs a FED chairman who doesn't have their head up their ass..

And yes according to FED Reserve rules under section 10.2, a President can remove a Fed Chairman "For Cause"..

Personally, carrying on the communistic "Fuck Main Street Doctrine" started by the former Chairman; which continues to hurt things all the way around is in my eyes "Cause"..

Savings is a bedrock principle of a good solid economy; but Saving doesn't make much sense when one can't get any return or as is in some cases; folks get fleeced by Surprise Fees dropped on them out of the blue...

The Country needs a Fed Chairman who has the balls to spike the Fed Rate to the point that banks are FORCED as matter of regulation and law to pay a decent savings rate..

A Decent Saving Rate makes Main Street America feel better, and when they feel better they tend to spend more; which in turn drives demand; which results in companies needing more workers; which promotes wage pressure; which makes Main Street America feel better.. All of which gooses GDP (and yes inflation)..

I said about 5 years ago that the FED needed to raise the rates to at least 2% and then step away from doing anything for at least 2 years, let things sort themselves out, I was told I was nuts for many reasons...

Sadly now many years later, truth be told had the FED done that things would be much better...

So I say it again, the FED needs to raise the rate to at least 2% and let things work out, let the bond market fall, let the HUGE BUBBLE of "fake" stimulus liquidity flash off; let the economy take what hit it needs and then right of its own accord...

But, alas that wont happen with someone set on trying their damnedest to hold on to Ill mannered, destructive, communistic "Fuck Main Street America" policies that have hurt the economy a hell of a lot more than they ever helped over the last decade...

Sorry but the crap being spewed all over the place about how our new Presidents Elects proposed policies will slaughter the poor and turn the rich into Oligarchs is pretty much pure bullshit if you think about it;

I mean seriously, the only real way you could hurt the financially less fortunate more than they already have by the Economic actions of the FED over the last decade would be; if the government formed KGB style Death Squads, rounded up everyone who falls into the poor category (income less than $250K a year, as defined by the outgoing administration); lined them up and shot them dead...

The last ten years have taken their homes, FED policies have taken any financial power from them, removed any real need for companies to retain workers, created a law which forces them to buy something they couldn't afford, which they still can't afford and then fines them for not being able to afford it..

The country is more than sick and tired of that shit. And the results of the election show that indisputably;  the country chose to laugh at the fear mongering, embrace the potential uncertainty; because they were Done with the bullshit communistic crap of the past decade..

The only thing that stands in the way of a clean sweep and a real chance of things being different is the "leftover", which is the current FED Chairman, who for all the claims of "staying non political and independent"; has in reality shoved economic polices down the countries throat which have been IDENTICAL to the stated policies of the outgoing administration..

Sorry no one is "safe" when a rabid dog is allowed to continue to run loose..

[Value Buy]

December 15th quotes

Dow 19,852.24
Nasdaq 5,456.86
S&P 500 Index 2,262.03
Russell 2000 1,366.41
Transportation Index 9,258.86
Utility Index 649.23

Brent Oil $54.02 barrel
WTI Oil $50.90 barrel
Gasoline $1.5421 NY harbor gallon
Natural gas $3.464
Heating Oil $1.642 gallon
Diesel $1.64 gallon
Coal not traded

Gold $1,129.80 oz
Platinum $893.60
Silver $15.98 oz
Copper $2.60

Wheat $409.25
Corn $356.50
Soybeans $1,029.00
Oj $195.45
Lumber $313.50

Live Cattle $ 113.275
Lean Hogs $62.40

Ten Year Treasury Bond 2.581%

Euro $1.0411
Canadian dollar $.749
Yen $118.18
Peso $.0486

Dow is up 920 points since November 15th
Transports up 440 points same period
Brent up over $7 a barrel same period
ten year bond up a .25% same period
Euro dropped $3.11 against the dollar same period
Metal complex is softening due to rising interest rates except for copper

[Value Buy]

December 30th closing year end quotes

Dow 19,462.60
Nasdaq 5,383.12
S&P 500 Index 2,238.83
Russell 2000 1,357.13
Transportation Index 9,043.90
Utility Index 659.61

Brent Oil $56.75 barrel
WTI Oil $53.72 barrel
Gasoline $1.6651 NY harbor gallon
Natural gas $3.74
Heating Oil $1.7043 gallon
Diesel $1.70 gallon
Coal not traded

Gold $1,151.70 oz
Platinum $901.20
Silver $15.965 oz
Copper $2.495

Wheat $408.75
Corn $351.00
Soybeans $1,005.00
Oj $196.40
Lumber $315.30

Live Cattle $115.975
Lean Hogs $65.80

Ten Year Treasury Bond 2.44%

Euro $1.0522
Canadian dollar $.7449
Yen $116.86
Peso $.0482

[Value Buy]

December 30th closing quotes          Dec 31 2015 closing quotes

Dow 19,762.60 ..............................17,425.03
Nasdaq 5,383.12.............................5,007.41
S&P 500 Index 2,238.83...................2,043.94
Russell 2000 1,357.13......................1,139.54
Transportation Index 9,043.90...........7,508.11
Utility Index 659.61..........................577.62

Brent Oil $56.75 barrel.....................$37.60
WTI Oil $53.72 barrel.......................$36.99
Gasoline $1.6651 NY harbor gallon...$1.2575
Natural gas $3.74...........................$2.332
Heating Oil $1.7043 gallon..............$1.1007 
Diesel $1.70 gallon ........................n/a
Coal not traded

Gold $1,151.70 oz..........................$1,059.80
Platinum $901.20............................$891.40
Silver $15.965 oz.............................$13.81
Copper $2.495.................................$2.134

Wheat $408.75..............................$469.50
Corn $351.00.................................$358.00
Soybeans $1,005.00.......................$863.75
Oj $196.40....................................$145.00
Lumber $315.30.............................$257.90

Live Cattle $115.975.......................$136.25
Lean Hogs $65.80...........................$59.875

Ten Year Treasury Bond 2.44%..........2.269%

Euro $1.0522.................................$1.0867
Canadian dollar $.7449.....................$.749
Yen $116.86...................................$120.19
Peso $.0482....................................$.0579

I am dropping coal and diesel fuel from the list as well as oj which has so few contracts trading to be virtually a useless marker for commodities any longer.

[tyfighter3]

I don't know VB, if a cold spell hits FL in the next 2 months, OJ might see a few contracts hit. lol

[Value Buy]

Jan 2, 2017 20:49:25 GMT -5 tyfighter3 said:

I don't know VB, if a cold spell hits FL in the next 2 months, OJ might see a few contracts hit. lol

At the prices it has been trading, it looks like it already has priced in cold spells already..........
I can keep it on the list.

[Value Buy]

Don't look now, but platinum has been on fire in the last week.
I imagine it has to do with so many articles on record car sales in the last year.