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Post by Value Buy on Jan 8, 2017 21:12:06 GMT -5
Dec 30th closing quotes Dec 31 2015 closing quotes
price differential for the year Dow 19,762.60 ..............................17,425.03...............+2,337.57 Nasdaq 5,383.12.............................5,007.41................+375.71 S&P 500 Index 2,238.83...................2,043.94................+194.89 Russell 2000 1,357.13......................1,139.54................+217.59 Transportation Index 9,043.90...........7,508.11...............+1,535.79 Utility Index 659.61..........................577.62.................+81.99
Brent Oil $56.75 barrel.....................$37.60................+$19.15 WTI Oil $53.72 barrel.......................$36.99................+$16.73 Gasoline $1.6651 NY harbor gallon...$1.2575................+$.4076 Natural gas $3.74...........................$2.332.................+$.6036 Heating Oil $1.7043 gallon..............$1.1007 ...............+$.606 Diesel $1.70 gallon ........................n/a Coal not traded
Gold $1,151.70 oz..........................$1,059.80............+$97.90 Platinum $901.20............................$891.40..............+$9.80 Silver $15.965 oz.............................$13.81...............+$2.155 Copper $2.495.................................$2.134...............+$.361
Wheat $408.75..............................$469.50...............-$60.75 Corn $351.00.................................$358.00..............-$7.00 Soybeans $1,005.00.......................$863.75..............+141.25 Oj $196.40....................................$145.00..............+$51.40 Lumber $315.30.............................$257.90..............+$57.40 Live Cattle $115.975.......................$136.25..............-$20.275 Lean Hogs $65.80...........................$59.875.............+$53.295
Ten Year Treasury Bond 2.44%..........2.269%..............+.17%
Euro $1.0522.................................$1.0867.............-$.0336 Canadian dollar $.7449.....................$.749................-$.0045 Yen $116.86...................................$120.19.............-$3.33 Peso $.0482....................................$.0579.............-$.0057
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Value Buy
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Post by Value Buy on Jan 16, 2017 14:32:42 GMT -5
January 14th closing quotes
Dow 19,885.73 Nasdaq 5,574.12 S&P 500 Index 2,274.64 Russell 2000 1,372.11 Transportation Index 9,202.34 Utility Index 656.78
Brent Oil $55.58 barrel WTI Oil $52.52 barrel Gasoline $1.6118 NY harbor gallon
Natural gas $3.7413 Heating Oil $1.6552 gallon
Gold $1,198.10 oz Platinum $987.70 Silver $16.83 oz Copper $2.693
Wheat $426.50 Corn $358.70 Soybeans $1044.25 Oj $183.05 Lumber $331.70
Live Cattle $118.475 Lean Hogs $65.475
Ten Year Treasury Bond 2.39%
Euro $1.0639 Canadian dollar $.7617 Yen $114.53 Peso $.0465
I decided to post Friday's quotes since Monday is a National holiday. Note we are starting to see a spread between Brent and WTI oil. For months the spread has been very tight between them, and now we are going back to a traditional spread between the two. I like the growth in the Transportation index. It is still showing a positive move. We have a new President this week, so it will be interesting to see how the markets start deciding the winners and losers in the next four years in the stock markets. So far there really is not a consensus. Banking does look strong, but defense and drug/hospital industry is in turmoil how they will fare the next few years Note the ten year has actually fallen from it's recent highs, but again, CONSENSUS, is interest rates are going up.
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Value Buy
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Post by Value Buy on Feb 1, 2017 18:29:29 GMT -5
January 31st closing quotes
Dow 19,864.09 Nasdaq 5,614.79 S&P 500 Index 2,278.87 Russell 2000 1,363.16 Transportation Index 9,191.98 Utility Index 668.87
Brent Oil $55.68 barrel WTI Oil $52.82 barrel Gasoline $1.5252 NY harbor gallon Natural gas $3.135 Heating Oil $1.6141 gallon
Gold $1,213.40 oz Platinum $997.90 Silver $17.585 oz Copper $2.725
Wheat $420.50 Corn $359.50 Soybeans $1024.25 Oj $173.10 Lumber $332.50
Live Cattle $1115.60 Lean Hogs $69.10
Ten Year Treasury Bond 2.46%
Euro $1.0794 Canadian dollar $.7682 Yen $112.94 Peso $.0480
Canadian dollar is gaining strength against the dollar.
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Post by Value Buy on Feb 16, 2017 19:38:35 GMT -5
February 15th closing quotes
Dow 20,611.86 Nasdaq 5,819.44 S&P 500 Index 2,349.25 Russell 2000 1,404.21 Transportation Index 9,544.35 Utility Index 664.40
Brent Oil $55.68 barrel WTI Oil $53.00 barrel Gasoline $1.5485 NY harbor gallon Natural gas $3.135 Heating Oil $1.6303 gallon
Gold $1,233.90 oz Platinum $1,013.40 Silver $17.97 oz Copper $2.742
Wheat $454.25 Corn $378.75 Soybeans $1061.25 Oj $174.90 Lumber $366.20
Live Cattle $113.075 Lean Hogs $70.825
Ten Year Treasury Bond 2.495%
Euro $1.0611 Canadian dollar $.76.49 Yen $114.19 Peso $.0493
Stock market is great this month. The market s thinking Trump will accomplish his goals for business. Less regulation Favorable tax rates being put in place Reparation of over seas profits at a reasonable percentage. Buy American product program
Oil complex is sitting pretty steady in a tight range in spite of Saudi Arabia's production cuts
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Value Buy
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Post by Value Buy on Feb 28, 2017 17:13:50 GMT -5
February 28th 2017
Dow 20,812.24 Nasdaq 5,825.44 S&P 500 Index 2,363.64 Russell 2000 1,387.15 Transportation Index 9,419.86 Utility Index 703.16
Vix 12.84
Brent Oil $55.56 barrel WTI Oil $53.99 barrel Gasoline $1.5192 NY harbor gallon Natural gas $2.763 Heating Oil $1.6284 gallon
Gold $1,250.10 oz Platinum $1,027.10 Silver $18.35 oz Copper $2.717
Wheat $425.25 Corn $373.00 Soybeans $1037.25 Oj $166.00 Lumber $378.50
Live Cattle $117.925 Lean Hogs $67.575
Ten Year Treasury Bond 2.394%
Euro $1.0581 Canadian dollar $.75.15 Yen $112.74 Peso $.0498
Dow dropped today for the first time in 12 days, but has risen very slowly in the last five trading days. The Russel 2000 and Transport index have not followed through on this 12 day rally, making it a little uncertain as to whether we shall continue upward for the short term. Transports are down 140 points from their high 14 days ago. Tonight we have the President addressing the Congress and America, so it is not surprising the market was quite soft today. Hopefully Trump talks about tax rates and the desire to lower them, so Congress follows through the next few months. His talk on national healthcare will also effect the markets tomorrow morning. Target stores announced terrible numbers this morning and this covers the Christmas season. This is another dagger in the heart for most traditional retailers. All that is really left is WMT of any significence against internet businesses.
I added the Vix to the index list as it is very low right now, and I think we might see an increase in it for the month of March. Good tool to see the direction the market might go, and especially if we are to see market swings coming in advance of the move. Myself, I never really watched it over the years, as I am a long term investor. Not sure why heating oil is still so strong. Heating season is over and it is still trading over ten cents more than rrob. Gold slowly trading higher. Traders must believe inflation is coming, and yet the ten year Treasury is soft again........
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Value Buy
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Post by Value Buy on Mar 1, 2017 8:14:13 GMT -5
Looks like President Trump's speech was well received by Wall Street. Futures are up 100 points this morning on the Dow.
Europe and Asian markets are all very positive also.
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Post by ModE98 on Mar 1, 2017 9:39:33 GMT -5
Dow now has reached over 21000 today, can it add and reach 22000 or over by end of 2017 Smile, wxyz, have a great day
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Value Buy
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Post by Value Buy on Mar 1, 2017 20:59:06 GMT -5
So much for my post 427... I said the Russel 2000 and Transport Index was not following through on new highs. Guess which indexes lead the way to all time highs on the very next day......... What a day today turned into.
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Value Buy
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Post by Value Buy on Mar 15, 2017 16:02:59 GMT -5
March 15th closing quotes
Dow 20,950.10 Nasdaq 5,900.05 S&P 500 Index 2,385.26 Russell 2000 1,383.82 Transportation Index 9,229.32 Utility Index 701.84
Vix 11.48
Brent Oil $551.89 barrel WTI Oil $48.84 barrel Gasoline $1.55859 NY harbor gallon Natural gas $2.968 Heating Oil $1.5164 gallon
Gold $1,220.10 oz Platinum $955.30 Silver $17.35 oz Copper $2.6675
Wheat $435.75 Corn $363.50 Soybeans $997.25 Oj $177.75 Lumber $365.60
Live Cattle $117.65 Lean Hogs $70.275
Ten Year Treasury Bond 2.502%
Euro $1.0734 Canadian dollar $.7516 Yen $113.34 Peso $.0520
Stocks rallied on the fed rate increase today. Strangely bonds and utilities also rose. Oil complex was up today but down almost ten percent in ten days trading. Metal complex has been soft but up today on interest rates rise, and fed's statement inflation increase is on target goal
Grain commodities are soft this period Ten year is at 2,5% range Euro is up as well as the peso against the dollar.
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Value Buy
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Post by Value Buy on Apr 1, 2017 12:50:21 GMT -5
March 31st closing quotes
Dow 20,663.22 Nasdaq 5,911.74 S&P 500 Index 2,362.72 Russell 2000 1,388.40 Transportation Index 9,116.51 Utility Index 697.28
Vix 12.12
Brent Oil $52.74 barrel WTI Oil $50.71 barrel Gasoline $1.6983 NY harbor gallon Natural gas $3.188 Heating Oil $1.5745 gallon
Gold $1,250.00 oz Platinum $952.50 Silver $18.23 oz Copper $2.655
Wheat $427.00 Corn $364.75 Soybeans $944.75 Oj $154.85 Lumber $378.30
Live Cattle $110.875 Lean Hogs $73.925
Ten Year Treasury Bond 2.39%
Euro $1.0666 Canadian dollar $.7523 Yen $111.31 Peso $.0534
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Post by Value Buy on Apr 1, 2017 13:05:00 GMT -5
Dec 30th closing yr end quotes March 31st ending quotes June 30th ending quotes Dow 19,462.60......................................20,663.22............21,349.63 Nasdaq 5,383.12....................................5,911.74...............6,140.42
S&P 500 Index 2,238.83..........................2,362.72...............2,423.36 Russell 2000 1,357.13.............................1,388.40...............1,415.36 Transportation Index 9,043.90..................9,116.51...............9,563.73 Utility Index 659.61...................................697.28..................706.91
VIX............................................................12.12...................11.18
Brent Oil $56.75 barrel...............................$52.74..................$48.77
WTI Oil $53.72 barrel.................................$50.71..................$46.04 Gasoline $1.6651 NY harbor gallon.............$1.6983................$1.5135 Natural gas $3.74......................................$3.188..................$3.035 Heating Oil $1.7043 gallon........................$1.5745.................$1.4831
Gold $1,151.70 oz.................................$1,250.00..............$1,242.30 Platinum $901.20.....................................$952.50................$926.40 Silver $15.965 oz.......................................$18.23................$16.627 Copper $2.495...........................................$2.655
Wheat $408.75........................................$427.00.................$526.00 Corn $351.00..........................................$364.75.................$381.00 Soybeans $1,005.00.................................$944.75.................$954.75 Oj $196.40..............................................$154.85.................$129.85 Lumber $315.30.......................................$378.30.................$365.90
Live Cattle $115.975...............................$110.875.................$116.30 Lean Hogs $65.80.....................................$73.925..................$84.35
Ten Year Treasury Bond 2.44%.....................2.39%..................2.302%
Euro $1.0522...........................................$1.0666.................$1.1426 Canadian dollar $.7449...............................$.7523...................$.7723 Yen $116.86.............................................$111.31................$112.39 Peso ........................................................$.0534...................$.0549
Please note I am five weeks late posting a comparison with the first of the year numbers and we have seen the Dow and oil make some fairly large moves since then. Wheat has moved due to drought worries in the Dakotas but corn and soybeans have not participated in the move with wheat. Euro has grown considerably in this period, and the ten yr is not back to January 1st numbers.
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Value Buy
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Post by Value Buy on Apr 29, 2017 11:02:52 GMT -5
April 16th closing quotes
Dow 20,636.92 Nasdaq 5,856.79 S&P 500 Index 2,349.01 Russell 2000 1,361.18 Transportation Index 8,990.42 Utility Index 706.17
Vix 14.66
Brent Oil $52.69 barrel WTI Oil $55.45 barrel Gasoline $1.721 NY harbor gallon Natural gas $3.162 Heating Oil $1.6343 gallon
Gold $1,286.20 oz Platinum $987.20 Silver $18.42 oz Copper $2.597
Wheat $421.00 Corn $366.50 Soybeans $952.00 Oj $158.90 Lumber $387.00
Live Cattle $115.525 Lean Hogs $72.075
Ten Year Treasury Bond 2.25%
Euro $1.0643 Canadian dollar $.75.06 Yen $108.96 Peso $.0541
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Post by Value Buy on Apr 29, 2017 11:10:28 GMT -5
April 28th closing quotes-last trading day in the month
Dow 20,940.51 Nasdaq 6,047.61 S&P 500 Index 2,384.20 Russell 2000 1,403.77 Transportation Index 9,097.63 Utility Index 704.35
Vix 10.88
Brent Oil $51.71 barrel WTI Oil $49.15 barrel Gasoline $1.5415 NY harbor gallon Natural gas $3.276 Heating Oil $1.5022 gallon
Gold $1,269.00 oz Platinum $948.60 Silver $17.185 oz Copper $2.5975
Wheat $431.75 Corn $365.50 Soybeans $955.50 Oj $158.00 Lumber $379.80
Live Cattle $124.075 Lean Hogs $73.975
Ten Year Treasury Bond 2.28%
Euro $1.0891 Canadian dollar $.7327 Yen $111.40 Peso $.0531
April turned into a great month for the stock markets. The quarterly business reports on earnings have been robust for the most part, and now we see their is a chance Trump will fulfill the promise of lower tax rates for corporations and freeing the money kept over seas. Oil and gas markets started strong and topped out at mid month and dropped back to levels near mid March numbers. They say consumers are not buying gasoline as strong as they used to, due to fuel efficiency levels. Grain commodities have stabilized and trading in a tight range for two months now. Lumber had been up in anticipation of Trump placing a trade tax on Canadian lumber. We did, and traders sold on the news. Cattle and lean hogs still rising at a slow level in, I assume, anticipation of the summer grilling season. Euro gained strength on bullish sentiment for Europe's economy and interest rates, while the Canadian dollar dropped on trade fears with the U.S. Ten yr just does not show any momentum in spite of the fact we expect higher interest rates from the Fed this year.
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Value Buy
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Post by Value Buy on Apr 29, 2017 11:25:25 GMT -5
There is the old saying "sell in May and go away" for the summer. I am thinking the momentum could easily continue in May this year. Of course if you are a buy and hold investor, we ignore this adage for the most part.
I would wait until we see numbers from Apple and Facebook next week. I am thinking they will be good numbers, after the tech numbers this week. Nasdaq might see a large jump
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Post by Deleted on Apr 29, 2017 13:29:08 GMT -5
Value Buy
I personally have never followed that drumbeat. The period I hate during the year is the month or so right around the Federal Tax Deadline; things can get really weird during that period.. Then again it is a period where a high level of distraction occurs.
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Value Buy
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Post by Value Buy on May 25, 2017 18:10:58 GMT -5
May 15th closing quotes
Dow 20,981.24 Nasdaq 6,149.67 S&P 500 Index 2,402.34 Russell 2000 1,394.33 Transportation Index 9,067.23 Utility Index 702.48
Vix 10.25
Brent Oil $51.86 barrel WTI Oil $48.91 barrel Gasoline $1.596 NY harbor gallon Natural gas $3358 Heating Oil $1.5131 gallon
Gold $1,230.60 oz Platinum $931.10 Silver $16.62 oz Copper $2.5405
Wheat $423.00 Corn $367.50 Soybeans $965.75 Oj $144.05 Lumber $367.30
Live Cattle $122.425 Lean Hogs $77.20
Ten Year Treasury Bond 2.343%
Euro $1.0976 Canadian dollar $.7335 Yen $113.73 Peso $.0535
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Value Buy
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Post by Value Buy on May 25, 2017 18:22:34 GMT -5
Nasdaq and S&P 500 have set new record highs, since May 15th. Dow is also showing some strength, starting to approach their old record high. Utility index is still above 700 defying a sell off on anticipated fed rate increases and the ten yr bond continues in a tight range between 2.25 and 2.35%
Oil futures continue to struggle with Brent at $55 a barrel. Every time it approaches that level we see a sell off to below $50 a barrel.
Gold is showing some life, and if anyone follows bitcoin, it has seen massive positive movement this month. This portends some volatility in the stock market might be coming.......
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Post by Value Buy on Jun 1, 2017 22:06:56 GMT -5
May 31st closing quotes
Dow 21,008.58 Nasdaq 6,198.52 S&P 500 Index 2,411.82 Russell 2000 1,370.51 Transportation Index 9,163.90 Utility Index 726.63
Vix 10.72
Brent Oil $50.29 barrel WTI Oil $48.24 barrel Gasoline $1.6127 NY harbor gallon Natural gas $3.078 Heating Oil $1.5163 gallon
Gold $1,270.90 oz Platinum $950.30 Silver $17.315 oz Copper $2.584
Wheat $429.75 Corn $371.50 Soybeans $916.00 Oj $132.85 Lumber $346.00
Live Cattle $124.60 Lean Hogs $81.925
Ten Year Treasury Bond 2.208%
Euro $1.1236 Canadian dollar $.7404 Yen $110.76 Peso $.0537
Dow broke 21,000 again and Nasdaq and S&P set record highs. WTI broke below $50 a barrel again. Just cannot seem to get above $53 a barrel Ten yr bond backed down to 2.20% Euro continues an upward move against the dollar
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Post by Value Buy on Jun 15, 2017 21:03:45 GMT -5
June 15th closing quotes
Dow 21,359.90 Nasdaq 6,165.50 S&P 500 Index 2,432.46 Russell 2000 1,410.08 Transportation Index 9,409.01 Utility Index 734.30
Vix 10.90
Brent Oil $44.46 barrel WTI Oil $46.80 barrel Gasoline $1.4357 NY harbor gallon Natural gas $3.056 Heating Oil $1.4164 gallon
Gold $1,254.60 oz Platinum $921.30 Silver $16.716 oz Copper $2.5655
Wheat $453.75 Corn $379.50 Soybeans $934.75 Oj $142.80 Lumber $365.50
Live Cattle $117.50 Lean Hogs $82.05
Ten Year Treasury Bond 2.16%
Euro $1.1149 Canadian dollar $.7534 Yen $110.89 Peso $.0571
Dow is still strong, while Nasdaq has slipped with the "fang" stocks and other internet high flyers were selling off almost 8% in a week. Oil is below $45 a barrel for WTI and under $47 for Brent. Gasoline is down $.17 in fifteen days. Gold and silver are slightly down,probably on rising fed rates. The ten yr actually dropped after the Fed raised rates. The grain commodities are showing some strength this month.
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Value Buy
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Post by Value Buy on Jul 25, 2017 22:35:29 GMT -5
June 30th closing prices
Dow 21,349.63 Nasdaq 6,140.42 S&P 500 Index 2,423.41 Russell 2000 1,415.36 Transports 9,563.73 Utility Index 706.91
Vix 11.18
Brent oil $48.72 barrel WTI Oil $46.04 barrel Gasoline NYH $1.5135 gallon Natural gas $3.035 Heating Oil 1.4831
Gold $1,242.30 oz Platinum 9,26.40 Silver $16.627 oz Copper $2.693
Wheat $526.00 Corn $381.00 Soybeans $954.75 OJ $129.85 Lumber $365.90
Live cattle $116.30 Lean hogs $84.35
Ten yr bond 2.302%
Euro $1.1426 Canadian dollar $77.23 Yen $112.39 Peso $.0549
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Post by Value Buy on Jul 25, 2017 22:43:39 GMT -5
July 14th closing prices
Dow 21,637.46 Nasdaq 6,312.46 S&P 500 Index 2,459.27 Russell 2000 1,429.28 Transports Index 9,742.76 Utility Index 707.35
Vix 9.64
Brent oil $49.00 barrel Wti Oil $46.59 barrel Gasoline NYH $1.5601 gallon Natural gas $2.98 Heating Oil 1.5178
Gold $1,227.50 oz Platinum 924.50 Silver $15.925 oz Copper $2.693
Wheat $512.75 Corn $390.00 Soybeans $1,002.75 OJ $126.50 Lumber $377.40
Live cattle $118.05 Lean hogs $79.85
Ten yr bond 2.325%
Euro $1.1465 Canadian dollar $79.06 Yen $112.53 Peso $.0569
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Post by Value Buy on Aug 7, 2017 20:50:44 GMT -5
July 31st closing quotes
Dow 21,891.12 Nasdaq 6,348.12 S&P 500 Index 2,470.30 Russell 2000 1,425.13 Transport index 9182.78 Utility Index 726.48
Vix 10.48
Brent oil $52.62 barrel WTI Oil $50.25 barrel Gasoline NYH $1.7018 gallon Natural gas $2.86 Heating Oil 1.6613
Gold $1,276.10 oz Platinum $943.40 Silver $16.825 oz Copper $2.8935
Wheat $476.25 Corn $386.00 Soybeans $1,007.25 OJ $131.80 Lumber $379.50
Live cattle $112.325 Lean hogs $80.35
Ten yr bond 2.292%
Euro $1.1834 Canadian dollar $80.19 Yen $110.28 Peso $.0562
At the end of July it looks like oil may hold over $50 a barrel (it dropped first week of August below $50 for wti) Canadian dollar is showing some strength.
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Value Buy
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Post by Value Buy on Aug 7, 2017 21:08:06 GMT -5
The transportation index is down 380 points since June 30th. Even the utility index went up 25 points for the same period and utilities are interest rate sensitive........ All are up slightly other than Transports. Dow up 542 points since June 30th.
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Post by Value Buy on Aug 7, 2017 21:24:32 GMT -5
Dec 30th closing yr end quotes March 31st ending quotes June 30th ending quotes
Dow 19,462.60......................................20,663.22............21,349.63 Nasdaq 5,383.12....................................5,911.74...............6,140.42 S&P 500 Index 2,238.83..........................2,362.72...............2,423.36 Russell 2000 1,357.13.............................1,388.40...............1,415.36 Transportation Index 9,043.90..................9,116.51...............9,563.73 Utility Index 659.61...................................697.28..................706.91
VIX............................................................12.12...................11.18
Brent Oil $56.75 barrel...............................$52.74..................$48.77 WTI Oil $53.72 barrel.................................$50.71..................$46.04 Gasoline $1.6651 NY harbor gallon.............$1.6983................$1.5135 Natural gas $3.74......................................$3.188..................$3.035 Heating Oil $1.7043 gallon........................$1.5745.................$1.4831
Gold $1,151.70 oz.................................$1,250.00..............$1,242.30 Platinum $901.20.....................................$952.50................$926.40 Silver $15.965 oz.......................................$18.23................$16.627 Copper $2.495...........................................$2.655
Wheat $408.75........................................$427.00.................$526.00 Corn $351.00..........................................$364.75.................$381.00 Soybeans $1,005.00.................................$944.75.................$954.75 Oj $196.40..............................................$154.85.................$129.85 Lumber $315.30.......................................$378.30.................$365.90
Live Cattle $115.975...............................$110.875.................$116.30 Lean Hogs $65.80.....................................$73.925..................$84.35
Ten Year Treasury Bond 2.44%.....................2.39%..................2.302%
Euro $1.0522...........................................$1.0666.................$1.1426 Canadian dollar $.7449...............................$.7523...................$.7723 Yen $116.86.............................................$111.31................$112.39 Peso ........................................................$.0534...................$.0549
Please note I am five weeks late posting a comparison with the first of the year numbers and we have seen the Dow and oil make some fairly large moves since then. Wheat has moved due to drought worries in the Dakotas but corn and soybeans have not participated in the move with wheat. Euro has grown considerably in this period, and the ten yr is not back to January 1st numbers.
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Post by Value Buy on Aug 16, 2017 7:33:55 GMT -5
August 15th closing prices
Dow 21,998.99 Nasdaq 6,333.01 S&P 500 Index 2,464.61 Russell 2000 1,383.63 Transport index 9,371.07 Utility Index 737.55
Vix 11.74
Brent oil $50.87 barrel Wti Oil $47.62 barrel Gasoline NYH $1.5809 gallon Natural gas $2.927 Heating Oil 1.6007
Gold $1,278.30 oz Platinum $966.40 Silver $16.64 oz Copper $2.878
Wheat $428.50 Corn $369.00 Soybeans $925.00 OJ $138.85 Lumber $375.00
Live cattle $109.00 Lean hogs $70.225
Ten yr bond 2.26%
Euro $1.1738 Canadian dollar $.7844 Yen $110.54 Peso $.0562
The grain commodities have sold off quite a bit due to U.S. report the crops are doing good this year with good harvest estimates this fall. Lean hogs have sold off, down from $80.35 on July 31st. That is a huge sell off.
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kadee79
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Post by kadee79 on Aug 28, 2017 7:52:19 GMT -5
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kadee79
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Post by kadee79 on Aug 29, 2017 22:57:48 GMT -5
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Value Buy
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Post by Value Buy on Aug 31, 2017 18:11:57 GMT -5
I read this too. We do travel through a lot of farm areas here in Indiana, and have not seen any soybean fields suffering from it. Do not know how many farmers here have used it. The tree and weeds along the fence rows seem quite fine... This does seem very troubling.
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Value Buy
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Post by Value Buy on Aug 31, 2017 18:27:08 GMT -5
August 31st quotes Dow 21,948.10 Nasdaq 6,428.66 S&P 500 Index 2,471.65 Russell 2000 1,405.15 Transport index 9,319.05 Utility Index 743.24 Vix 10.59 Brent oil $52.31 barrel WTI Oil $47.10 barrel Gasoline NYH $2.147 gallon Natural gas $3.023 Heating Oil 1.7585 Gold $1,327.20 oz Platinum $1,002.50 Silver $17.67 oz Copper $3.105 Wheat $434.00 Corn $357.50 Soybeans $946.25 OJ $136.00 Lumber $384.60 Live cattle $105.525 Lean hogs $61.35 Ten yr bond 2.122% Euro $1.19 Canadian dollar $.80 Yen $109.94 Peso $.0559
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Value Buy
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Post by Value Buy on Aug 31, 2017 18:41:35 GMT -5
August 31st quotes Dow 21,948.10 Nasdaq 6,428.66 S&P 500 Index 2,471.65 Russell 2000 1,405.15 Transport index 9,319.05 Utility Index 743.24 Vix 10.59 Brent oil $52.31 barrel WTI Oil $47.10 barrel Gasoline NYH $2.147 gallon Natural gas $3.023 Heating Oil 1.7585 Gold $1,327.20 oz Platinum $1,002.50 Silver $17.67 oz Copper $3.105 Wheat $434.00 Corn $357.50 Soybeans $946.25 OJ $136.00 Lumber $384.60 Live cattle $105.525 Lean hogs $61.35 Ten yr bond 2.122% Euro $1.19 Canadian dollar $.80 Yen $109.94 Peso $.0559 Interesting. August usually has the stock markets down a tad over 1% on the month. This year the Dow, Nasdaq, S&P, transports, Utilities were all positive for August. Granted a couple were barely positive, and the Russel 2000 was down. We all know gasoline has skyrockets due to the storm, but this should be a three or four week thing. Grain commodities are all slightly down for the month. Hogs are down, cattle about even. Ten year note is down again. Canadian dollar is back to $.80 against the dollar. Not sure why...... September is another month where stocks are traditionally down a percent or so. With Texas and the oil industry in a mess, employment numbers and GDP might look weak in September, hurting stock performance...... And we also have another storm in the Atlantic they say could reach a four before hitting the Carribean, and not sure if it will go into the gulf at this time. September could be a mess for investors.
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