Dividend investing can be deceptively tricky. Yields are typically the go-to metric for income investors looking for their new long-term money-maker. However, some companies pay out fluctuating dividends, making them unreliable in the long run. Some investors mitigate this issue by investing in Dividend Kings and Aristocrats, companies with consistent increases across impressive time horizons. This strategy is perfectly reasonable to generate passive income from a portfolio. Other investors, meanwhile, tend to be more adventurous with their money. They tend to seek out high-yielding stocks, ri...
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Today I was interviewed by Bryce Doeschot on Market Journal. We discussed the corn, wheat, soybean, and cattle markets. My interview with Bryce begins at minute 11:26 of the show. WATCH THE INTERVIEW HERE. Bryce Doeschot: Up next, let's talk about the latest activity when it comes to the grain market. Darin Newsom, senior bar chart analyst, is joining us today. Hey, Darin, thank you very much for the time. Darin Newsom: I appreciate you having me on again, Bryce. Bryce Doeschot: I hope you're having a good spring as we take a look at these markets. We begin with the corn market. On Wednesday, ...
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The S&P 500 Index ($SPX) (SPY) Friday closed down -0.88%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.56%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -2.05%. US stock indexes settled mixed on Friday, with the S&P 500 falling to a 1-3/4 month low and the Nasdaq 100 dropping to a 3-month low. A sell-off in the “Magnificent Seven” megacap technology stocks Friday weighed on the overall market as investors liquidated long positions ahead of next week’s slew of megacap earnings reports. Negative corporate news and escalating geopolitical risks on Friday also undercut stocks. ...
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The dollar index (DXY00) on Friday rose by +0.01%. The dollar on Friday gave up most of an overnight advance and finished little changed. The dollar spiked higher in overnight trade after US officials said Israel launched a retaliatory air strike against Iran in response to Iran’s rocket and drone attack on Israel last weekend. However, the dollar fell back from its best levels on signs the damage was minimal, and an Iranian military official downplayed the attack. Lower T-note yields Friday also weighed on the dollar. Liquidity demand for the dollar increased Friday after the S&P 500 tumbled ...
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May WTI crude oil (CLK24) on Friday closed up +0.41 (+0.50%), and May RBOB gasoline (RBK24) closed down -0.34 (-0.13%). Crude and gasoline prices on Friday settled mixed. Crude prices spiked more than +$3 a barrel in overnight trade on escalation of Middle East tensions after US officials said Israel launched air strikes at military targets in Iran and Syria. However, crude fell back from its best levels, and gasoline fell into negative territory after Iranian media appeared to downplay the effect of the Israeli strikes, lowering the geopolitical risk premium for crude oil. A stronger dollar F...
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May Nymex natural gas (NGK24) on Friday closed down by -0.005 (-0.28%). May nat gas prices on Friday gave up an early advance and closed slightly lower. Friday’s forecasts for warmer US spring temperatures that reduce heating demand for nat-gas weighed on prices. Forecaster Atmospheric G2 said Friday that forecasts for the northeastern and western parts of the US shifted warmer over the next ten days. Nat-gas prices collapsed earlier this year, with nearest-futures (NGJ24) posting a 3-3/4 year low on March 26 as an unusually mild winter curbed heating consumption for nat-gas and pushed invento...
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Artificial intelligence (AI) has been a big player in lifting up markets for almost two years, and now it's making waves across various industries. The global generative AI market is projected to exceed $1 trillion by 2032, with the speech and voice recognition segment alone expected to grow to $84.97 billion by 2032. One small-cap AI player, Soundhound AI (SOUN) \- which offers voice AI and speech recognition software to empower businesses to create top-notch conversational experiences for customers – is particularly well-positioned to benefit from the burgeoning industry. Soundhound stock ha...
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May NY world sugar #11 (SBK24) on Friday closed up +0.14 (+0.71%), and Aug London ICE white sugar #5 (SWQ24) closed down -5.40 (-0.95%). Sugar prices settled mixed on Friday as they consolidated this week's significant losses. Sugar prices have some carryover support from Thursday when Conab cut its Brazil 2023/24 sugar production estimate by -2.6% to 45.7 MMT from a November estimate of 46.9 MMT. Conab's Brazil sugar production estimate was reduced since Conab raised its Brazil 2023/24 ethanol production estimate to 29.7 bln liters from a November estimate of 28 billion liters. On Wednesday, ...
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May ICE NY cocoa (CCK24) on Friday closed up +567 (+5.01%), and May ICE London cocoa #7 (CAK24) closed up +457 (+4.72%). Cocoa prices settled sharply higher on Friday as they continued their historical rally to new all-time highs. Cocoa prices are soaring on signs that global cocoa demand remains resilient despite record-high prices. The National Confectioners Association reported Thursday that North American Q1 cocoa grindings rose +9.3% q/q and +3.7 % y/y to 113,683 MT. Also, on Thursday, the Cocoa Association of Asia reported that Q1 Asia cocoa grindings rose +5.1% q/q, although they fell -...
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May arabica coffee (KCK24) on Friday closed up +1.55 (+0.65%), and May ICE robusta coffee (RMK24) closed up +2 (+0.05%). Coffee prices posted moderate gains on Friday but remained well below Thursday's significant highs. Dollar weakness Friday prompted short covering in coffee futures. On Thursday, arabica coffee posted a new 2-year high, and robusta coffee posted a new all-time high. Coffee prices have surged over the past month due to crop concerns in Brazil and Vietnam. Somar Meteorologia reported Monday that Brazil's Minas Gerais region received 15.8 mm of rainfall in the past week, or 74%...
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