The current price of key market indexes

[The Virginian]

It was a laidback show. Early in the day, they sat at a table drinking coffee, smoking cigarettes, talking markets, and they literally had a mechanical board showing the commodity markets where, the numbers would "flip over" to show the new prices, but did have the delayed ticker prices of stocks at the bottom of the screen.

Every hour or sometimes half hour they had an "ask an expert" fifteen minute segments discussing investment opportunities.

I am pretty sure it was probably purchased time from the brokers, so you did have to take their advise with a large grain of salt.

I long for the simpler times ! But..... I'm afraid those days are gone forever. Welcome to the future - and it sucks!

[Value Buy]

June 14th closing prices

Dow 16,775.74
Nasdaq 4,310.65
S&P 500 1,936.11
Russell 2000 1,162.68
Transportation index 8,042.85
Utility index 542.42

Gold $1,280.60 oz.
Platinum $1,444.70
Silver $19.695 oz.
Copper $3.048
Brent crude $112.61 per barrel
WTI Oil $107.07 per barrel
Gasoline $3.063 gallon, NY Harbor
Natural gas $4.736
Heating oil $2.99 gallon
Diesel $2.9901 gallon
Coal $59.50

Wheat $592.70
Corn $4.4875 bushel
Soybeans $1,430.75
Orange Juice $159.50
Lumber $307.80
Live cattle $1.46625
Lean hogs $1.27

10 year treasury $99.20

Euro $1.35627
Canadian dollar $92.00
Yen $98.24

As expected the oil complex is up substantially.

Metals complex showing some life with the problems in Iraq.

Grain complex is still softening up on spring planting numbers, but no one can afford to eat beef or pork this summer, due to lack of cattle and hogs

[ModE98]

Getting to be a tough world.  Looks like gasoline prices at the pump are going to soar soon.  Ugh!

[Value Buy]

DOW up 98 points today, close to the all time high

S&P 500 set another new record high today

Utility Index hit a record new high today

Transports, good again.....

Thank you Janet Yellen-she does not see a bubble in the stock markets, and Dow went up from, around 25 points to a 100 point gain.

[tyfighter3]

With the USA opening up some exports of OIL, the refineries will have a rough time with there spreads to be able to make money.
www.marketwatch.com/story/crude-oil-inventories-rise-but-prices-follow-2014-06-25

[tyfighter3]

Why Refiners will get crushed and others will not.
www.marketwatch.com/story/why-us-refiners-are-getting-crushed-on-oil-export-allowance-2014-06-25

[Value Buy]

June 30th closing prices

Dow 16,826.60
Nasdaq 4,408.18
S&P 500 1,960.23
Russell 2000 1,192.96
Transportation index 8,202.30
Utility index 575.98

Gold $1,327.80 oz.
Platinum $1,482.00
Silver $21.085 oz.
Copper $3.2085
Brent crude $112.50 per barrel
WTI Oil $105.69 per barrel
Gasoline $3.0476 gallon, NY Harbor
Natural gas $4.435
Heating oil $2.98 gallon
Diesel $2.9787 gallon
Coal $61.60

Wheat $577.50
Corn $4.1580 bushel
Soybeans $1,148.50
Orange Juice $146.75
Lumber $333.80
Live cattle $1.51.25
Lean hogs $132.75


10 year treasury $99.73

Euro $1.3368
Canadian dollar $93.50
Yen $98.62

the stock indexes were strong closing out the month positive.
Metals complex was strong also on premise of rising inflation to come.
Oil complex remains strong
Grain, soft commodities are all down on great planting conditions throughout the country this year, which should help livestock production.
Meat complex is putting meat out of reach of consumers right now.
Canadian dollar is climbing. I assume because of strong oil prices?

Stocks for the first week of July are up again, unless we face a major sell off today.

Dow 17,000 is there to be taken, but with a shortened trading day today, I expect a slight sell off.

[tyfighter3]

Corn and Beans really look good this year in the field. The Price seems to reflect that. Cattle, there are not enough Cows in the Country to produce calves so the Beef prices should remain strong for several years until the Cow numbers increase. Oil prices will remain strong as long as the Middle East is at war. If you trade Commodities, I think I gave you a few things to LOOK at to help you out. JMO

[Deleted]

Also food for thought for anyone Trading Options in, on & around Equities which are Commodity Centric (Things Like CVX, ADM, ACI for example)

[Value Buy]

Jul 4, 2014 19:24:56 GMT -5 tyfighter3 said:

Corn and Beans really look good this year in the field. The Price seems to reflect that. Cattle, there are not enough Cows in the Country to produce calves so the Beef prices should remain strong for several years until the Cow numbers increase. Oil prices will remain strong as long as the Middle East is at war. If you trade Commodities, I think I gave you a few things to LOOK at to help you out. JMO

Yes, farmers sold off the beef herds, so it will take a few breeding cycles to get cattle numbers up, but with low grain prices the breeders will push the females as far as possible right now, because beef prices are high, anything they do sell will be at a premium price due to lack of supply regardless of feeding costs, and it will be cheap to feed the remaining cattle while rebuilding their herds.

[tyfighter3]

Yes VB, feed cost is important in improving Cow numbers but feed cost is local to the Area you live in and weather then becomes a factor and how far you have to haul your feed to get your cows threw the winter months. Even that is a cost factor.

[Value Buy]

July 15th closing prices

Dow 17,060.86
Nasdaq 4,427.09
S&P 500 1,973.28
Russell 2000 1,143.81
Transportation index 8,345.17
Utility index 555.87

Gold $1,297.10 oz.
Platinum $1,485.00
Silver $20.781 oz.
Copper $3.2352
Brent crude $106.02 per barrel
WTI Oil $99.96 per barrel
Gasoline $2.906 gallon, NY Harbor
Natural gas $4.197
Heating oil $2.855 gallon
Diesel $2.855 gallon
Coal $60.60


Wheat $537.75
Corn $3.8175 bushel
Soybeans $1,086.25
Orange Juice $151.60
Lumber $336.30
Live cattle $1.46.95
Lean hogs $130.725

10 year treasury $99.18

Euro $1.35.71
Canadian dollar $92.80
Yen $98.40

Oil market had been falling up until yesterday and due to world events that have occurred in the last 12 hours or so, are going up again, so that data is old history now.

Soft commodities continue to fall on excellent growing conditions, and meat complex looks like it has topped out.

Producers are sending cattle to market as the price is too high not to take the money and run, also knowing with feed prices dropping, herds will be enlarged again. Of course this also takes months to build the production herds back up to old levels, so meat prices should continue near their highs.

The Dow and other indexes were showing some good numbers, but due to world events, took a slight hit today, and we have to see where Asia winds up tonight, whether the hit will continue tomorrow morning.

Gold, surprisingly, did not make the big gain today that you would expect on bad news in Gaza and the Ukraine. Has gold's value as being a safe haven in troubled times come to a pause for the moment? I expected gold to be up somewhere around fifty dollars today and in was barely half that amount.

Euro has slipped a little in the last two weeks, and I wonder if it will take some more downside pressure over the Ukraine issue

[Value Buy]

July 31st closing prices

Dow 16563.30
Nasdaq 4,369.77
S&P 500 1,930.67
Russell 2000 1,120.07
Transportation index 8,141.75
Utility index 539.30

Gold $1,284.50 oz.
Platinum $1,466.70
Silver $20.425 oz.
Copper $3.2335
Brent crude $106.01 per barrel
WTI Oil $98.03 per barrel
Gasoline $2.7909 gallon, NY Harbor
Natural gas $3.821
Heating oil $2.89 gallon
Diesel $2.8922 gallon
Coal $59.62


Wheat $533.50
Corn $3.6750 bushel
Soybeans $1,074.75
Orange Juice $140.70
Lumber $326.90
Live cattle $1.56425
Lean hogs $103.20

10 year treasury $99.46  2.56%

Euro $1.3385
Canadian dollar $91.586
Yen $97.18

And this was a week I did not expect with so many good quarterly earnings reports expected this week.

Markets are a mess, but not sure if it just worries about anticipated rising interest rates, which may or may not happen this year (probably not until early next year imo) and everyone knows they are coming. Heck they thought they were coming late LAST YEAR and early this year, and we took a hit on stock indexes at that time. Traders have to get over it. With all the turmoil over interest rates, the ten year still came in at only $2.56% yesterday, and traded closer to 2.5% today, August 1st.

It also looks like we are seeing a rotation out of consumer cyclables.  which only started this spring when funds started getting out of tech stocks. Tech seems like it is back in favor, and dividend stocks are slipping.

Actually the Dow and Russell indexes are only back where we were on April 30th of this year. Nasdaq, S&P 500 Transportation indexes are still well positive of April 30th numbers.

It does not feel like a market correction to me, but we are seeing the volitility index getting a boost.

WTI and Brent crude are slipping some despite of Israel and the Ukraine flare ups which might get worse. RBOB futures are slipping and this could help consumer spending this late summer and fall.

Now the stock market is concerned about Germany stock performance as their industrial complex is heavily dependent on trade with Russia.

Grain commodities still soft, and should remain so. Wheat down $1.90 a bushel since 4/30 corn down $1.52  same time frame.

OJ futures are dropping, and no real news on that front. Lumber down but at the April 30th number.

Cattle at $156.425 is so strong, off the charts

The Euro has slipped considerably since April, but Canadian dollar and yen about even.

Despite what has happened this week including August 1st numbers, I remain positive on stocks for this year.

Commodities seem to have been deserted by the big trading houses right now, and I am not sure why. Gold is close to 4/30 trading price, silver and platinum are up some.

Commodity trades are telling us there is no worry of inflation, but I am concerned it is coming.

Color me perplexed on this.

[Aman A.K.A. Ahamburger]

VB, JMO, but I think the market was shaken because tapering/tightening is finally setting into the mindset of investors. I agree that inflation is still a ways off and I think China's economy is going to be a problem way before inflation will be. China's property prices have sunk for three months straight now and it's getting very close to y-o-y declines. There is so much debt coming due in 2015 it's not even funny, honestly a black hole is the only way to describe it.

Europe is essentially in a depression right now and any financial shock from China is going to wreak havoc on that very weak banking system. Also, what fallout there will be from Argentina defaulting has yet to be fully realized.

The Mid East is FUBAR my friend. The way its being reported right now is complete BS. There is no regional conflict, it's all one big one now and it's spreading out, fast. There again Europe and China are in big trouble and the fact is it's only a matter of time before the Chinese military is involved in an all out war.

Bottom line, the market got rocked from the idea of the FED tightening, but the true moves "behind the curtain" are ones regarding the screwed up state of the global economy.

[Value Buy]

Aug 1, 2014 21:00:38 GMT -5 Aman A.K.A. Ahamburger said:

VB, JMO, but I think the market was shaken because tapering/tightening is finally setting into the mindset of investors. I agree that inflation is still a ways off and I think China's economy is going to be a problem way before inflation will be. China's property prices have sunk for three months straight now and it's getting very close to y-o-y declines. There is so much debt coming due in 2015 it's not even funny, honestly a black hole is the only way to describe it.

Europe is essentially in a depression right now and any financial shock from China is going to wreak havoc on that very weak banking system. Also, what fallout there will be from Argentina defaulting has yet to be fully realized.

The Mid East is FUBAR my friend. The way its being reported right now is complete BS. There is no regional conflict, it's all one big one now and it's spreading out, fast. There again Europe and China are in big trouble and the fact is it's only a matter of time before the Chinese military is involved in an all out war.

Bottom line, the market got rocked from the idea of the FED tightening, but the true moves "behind the curtain" are ones regarding the screwed up state of the global economy.

I believe Portugal has a troubling bank problem that is also coming to a head.

Argentina- I believe this is there second default this century, How many mulligans do they get?

[Aman A.K.A. Ahamburger]

Yep, Portugal is in it deep. Europe has negative interest rates, and have gone the Chinese route of creating a bad bank for the zones bad debt. Growth and inflation in Europe is just barely treading water....

China just bailed out a development company to avoid the second large default in the real estate sector this year and as you said, Argentina has defaulted once again. Probably won't amount to much, however, the last time this happened the first Asian crisis followed and China wasn't full of ghost cities; nor did they have a 250% debt to GDP ratio.

Right now the emerging markets are looking at 1.9 trillion in debt coming due next year, lots of which is tied to the health of the mid east and Russia. It was 100 years ago this weekend that Canada entered WW1, the war that was supposed to end all wars...

I'm not saying there is a need to panic, but I count my blessings daily that I live in North America.

[tyfighter3]

and North America is where it's at. Energy.
seekingalpha.com/article/2194443-continental-resources-leading-energy-stocks-to-replace-biotech-this-year?source=email_rt_mc_focus_2

[Value Buy]

Wow.

Russia announces the end of their "war games" east of the Ukraine border, which they previously announced would end Friday, when they started them, and the stock markets take off.

Wheat is still trending slightly up on worries the wheat fields would be compromised by a Russian invasion.

Here in the states, corn and soybeans are still weak.

Predicting record soybean crop, and corn will be as strong as last year, and maybe better. Not sure on that. Have to wait on next government report.

We might be able to afford bacon and pork chops this fall, and if Russia follows through and holds up the ban on our chickens, who knows, the price at the super markets may be coming down there too.

OJ futures are still weak due to lack of demand.

Ten year T bond is falling.

2.42 percent was not expected by traders. This is getting ridiculously good. I am perplexed on the falling bond rates. Not sure if it is because traders believe our economy is not as strong as government reports it is, or if it is based on European bond rates which are tanking due to falling economies there

[Value Buy]

August 15th closing prices

Dow 16,662.91
Nasdaq 4,464.93
S&P 500 1,955.06
Russell 2000 1,141.65
Transportation index 8,264.12
Utility index 548.81

Gold $1,306.20 oz.
Platinum $1,457.20
Silver $19.525 oz.
Copper $3.103
Brent crude $103.40 per barrel
WTI Oil $97.35 per barrel
Gasoline $2.6986 gallon, NY Harbor
Natural gas $3.776
Heating oil $2.84 gallon
Diesel $2.848 gallon
Coal $60.07


Wheat $551.25
Corn $3.77 bushel
Soybeans $1,052.00
Orange Juice $148.20
Lumber $345.40
Live cattle $1.4775
Lean hogs $94.95


10 year treasury $100.30  2.34%

Euro $1.3397
Canadian dollar $91.74
Yen $97.74

Market numbers from the 15th is already old data after a day's trading!

Oil and gasoline natural gas complex weak, which should help consumer spending this late summer fall.

Stocks have shown some life this week, and August is the month of no movement, historically.

Money complex remains stable, Euro is soft

Grain commodities up slightly, but waiting to see what the harvest will be.

I am beginning to wonder about the corn crop.

Weather has been wet all summer, as well as cool temperatures. Have not heard anything about corn rot due to wetness in the fields, and also wonder if crop will mature at full potential. Corn does need some good heat to mature the corn. Definitly no heat stress in the fields this year.

Soybeans should be fine

[Value Buy]

August 31st closing prices

Dow 17,098.45
Nasdaq 4,580.27
S&P 500 2,003.37
Russell 2000 1,174.35
Transportation index 8,408.02
Utility index 564.37

Gold $1,288.00 oz.
Platinum $1,426.10
Silver $19.52 oz.
Copper $3.152
Brent crude $102.60 per barrel
WTI Oil $95.86 per barrel
Gasoline $2.6201 gallon, NY Harbor
Natural gas $4.074
Heating oil $2.85 gallon
Diesel $2.8499 gallon
Coal $57.18


Wheat $550.25
Corn $3.6475 bushel
Soybeans $1,024.25
Orange Juice $150.05
Lumber $343.90
Live cattle $1.51425
Lean hogs $98.125


10 year treasury $100.27 

Euro $1.31306
Canadian dollar $92.02
Yen $95.59

[Deleted]

Gas is $3.49 gal. for 89 grade where We live.

[Value Buy]

One day's trading into September, and August data for commodities are all over the board.

Gold is down another $22 an oz, oil almost $3 a barrel down with even another butchering of an American by ISIS

Stocks did not do much but Nasdaq was up, as well as Transportation Index due to falling oil prices.

I still feel Dow could hit 18,000 this year, but after December close, I do not know what January February will portend for the stock markets.

[Value Buy]

Sept 3, 2014 2:31:39 GMT -5 @di said:

Gas is $3.49 gal. for 89 grade where We live.

In northern Indiana, we are bouncing around between $3.49 and $3.69 a gallon.

Great news for the consumer and middle class.

Still can not afford ground beef let alone a good steak at the grocery store though.......

[Deleted]

Sept 3, 2014 7:45:34 GMT -5 Value Buy said:

Sept 3, 2014 2:31:39 GMT -5 @di said:

Gas is $3.49 gal. for 89 grade where We live.

In northern Indiana, we are bouncing around between $3.49 and $3.69 a gallon.

Great news for the consumer and middle class.

Still can not afford ground beef let alone a good steak at the grocery store though.......

I hear that.

What is even more messed up than the price of ground beef or steak ($8 lb 60/40 Ground beef & $20 lb for Ribeyes here) is the cross comparison between Dairy & Gas.

Gas $3.49 Gal.

Milk $4.84 Gal.

To me that is really messed up that Milk is more expensive than Gas. And it really in my mind says a lot about what is really going on with Inflation; not that it matters to the Fed. 

[Value Buy]

the Euro dropped below $1.30 against the dollar today due to European union central banking announcements.

[Value Buy]

Euro closed below the $1.30 range.

    now how far does it drop before American manufacturers have a problem with the strong dollar affecting exports to Europe?

Grain markets remain soft, oil and gasoline markets are soft also, which could mean  some savings for American consumers this fall, which might expand consumer spending.

[Deleted]

Euro closed below the $1.30 range.

now how far does it drop before American manufacturers have a problem with the strong dollar affecting exports to Europe?

Unknown; for all anyone knows that could be the Euro closing below $1.28..

What any person with common sense know is that a Very Strong Dollar causes issues with corporate profits and generally means Inflation..

Both of which can be nasty indeed..

But on the bright side for anyone saving, Inflation also generally means that the FED has to raise Interest Rates.

Systemic Risk & Moral Hazard due to the last 6 years of uber lax fiscal policy grow by the day. The longer it goes on; the more pain is going to be felt on the other side..

More very well known economists and power players in finance are saying that the FED will likely end up being well behind the curve trying to play catch up..

The country has seen that before & it has never been anything other than one nasty, ugly mess with lots of pain across the board.

--------------------

Personally {and this is going to sound very sadistic} I would absolutely welcome Interest Rate of 6% and if they went as high as they did in the 80's {18%}; well hell I would dance the Texas 2 Step on My roof.. 

[Value Buy]

September 15th closing prices

Dow 17,031.14
Nasdaq 4,518.90
S&P 500 1984.13
Russell 2000 1,146.52
Transportation index 8,521.15
Utility index 561.28

Gold $1,235.90 oz.
Platinum $1,366.60
Silver $18.70 oz.
Copper $3.0955
Brent crude $97.93 per barrel
WTI Oil $92.70 per barrel
Gasoline $2.5327 gallon, NY Harbor
Natural gas $3.909
Heating oil $2.74 gallon
Diesel $2.7309 gallon
Coal $56.50


Wheat $503.25
Corn $3.4325 bushel
Soybeans $994.25
Orange Juice $144.80
Lumber $336.30
Live cattle $1.5605
Lean hogs $106.10


10 year treasury $98.13   2.5742% 

Euro $1.29.34
Canadian dollar $90.18
Yen $93.29
 
stocks are soft, but transports are up on lower fuel costs. Utility index down on higher 10 yr rate

Oil complex down, but might have hit their lows. Gasoline at retail pump has not matched falling prices but might later this month and early October. I would think the refiners are making a good mark up right now.

Food commodities are overall lower, soybeans down under a thousand per contract. Been a real long time for that. Wheat down close to $.50 a bushel, but corn up slightly.

Cattle still up, and now pork bellies look like it has stopped falling.

Euro down below $1.30, good for Americans abroad, not so much for exports to Europe.
 

[Value Buy]

Dow and S&P 500 are posting new record highs this morning.

WTI is within $4.30 a barrel of Brent crude, quite a tight trading range. Brent represents a view that Europe's slow down in the economy is very real.

Janet Yellen pretty much told us yesterday she will not allow higher rates until people are basically fully employed here in the states, and our rates will be held low until Europe turns their economy around. She even stated the Fed should not be involved in helping Europe out, but it is happening.

Looks like our stock market will be up the rest of this year as a result of this.

[Value Buy]

September 30th closing prices

Dow 17,042.90
Nasdaq 4,493.39
S&P 500 1972.29
Russell 2000 1,101.68
Transportation index 8,451.10
Utility index 551.29

Gold $1,207.20 oz.
Platinum $1,280.00
Silver $16.94 oz.
Copper $3.0105
Brent crude $95.09 per barrel
WTI Oil $91.57 per barrel
Gasoline $2.4435 gallon, NY Harbor
Natural gas $4.137
Heating oil $2.664 gallon
Diesel $2.67 gallon
Coal $52.93


Wheat $474.00
Corn $3.1875 bushel
Soybeans $909.00
Orange Juice $144.75
Lumber $333.20
Live cattle $1.6365
Lean hogs $94.275


10 year treasury $98.285   2.50%

Euro $1.2627
Canadian dollar $87.96
Yen $91.09

I dislike it when I fail to post data on the end of the month. It seems like every time I wait a day or two, everything falls apart.

Most of the stock data is so old already, due to the selling in the markets today. Dow down another 238 points today........

Commodities are getting sold off Silver is getting cheap. Under $17 an oz

Oil and gasoline (recovered some today) are very soft, but natural gas is up some, anticipating the winter increase in useage coming up in a few months.

Soft commodities, grains are going to hurt the farmers who did not hedge their pricing this year. Corn beans and wheat are all falling. I am thinking corm might hit $3.00 a bushel before hitting a base. Soybeans and wheat are still falling.

Lumber continues a slight fall, based on soft housing data.

The dollar is gaining strength against almost all major currencies. Euro is still slipping. This is what I thought would happen two years ago when I was worried everything was falling apart.

This is good for American consumers, bad for American manufacturers who export product.

Ten year still trading around 2.5% keeping borrowing costs low for everyone.

I still feel the stock market should finish up around 18,000 or so this year.