*USDA raises U.S. corn, soy crops more than expected. Wheat futures slumped for a third straight session and hit a two-week bottom on technical selling and on a bearish supply and demand outlook in a monthly USDA report. The USDA pegged 2015 U.S. soybean production at 3.981 billion bushels with an average yield at 48.3 bushels per acre, both all-time highs.» Read More
Oct 23- A tech share rally drove U.S. stocks up sharply for a second day on Friday as earnings from companies including Microsoft Corp beat analysts' expectations, while healthcare shares rebounded from recent losses. The S&P 500 erased its loss for the year and ended above its 200- day moving average for the first time since Aug. 19. The Dow Jones industrial average...
CNBC's Rick Santelli speaks to Peter Eliades, Stock Market Cycles Management, about his bearish technical view on the market.
NEW YORK, Oct 13- Oil prices pared most of their gains on Tuesday afternoon as investors focused on a bearish outlook from the International Energy Agency after U.S. crude gained on technical support earlier in the session. Brent futures for November delivery rose 27 cents to $50.13 a barrel, a 0.5 percent gain, by 1:20 p.m. ET. "sharp drop lower is being deemed an...
NEW YORK, Oct 9- Just when it looked like a correction could turn into a bear market, U.S. stocks have rallied hard in recent days, and some widely followed technical indicators suggest that the market is a ways through the bottoming process. "From a technical perspective it looks like we are pretty far along the bottoming process," said Bruce Zaro, chief technical...
WASHINGTON, Sept 2- Downside risks to the global economy have risen and a combination of threats including slower growth in China and rising market volatility could severely cut the outlook, International Monetary Fund staff warned on Wednesday. The IMF in July lowered its global growth forecast for 2015 to 3.3 percent and forecast growth in China- where a...
Jon Krinsky, MKM chief market technician, looks at a violent move in the S&P 500, and key moves to watch going forward.
Craig Johnson, Piper Jaffray, turns a technical eye to the charts to provide a read on the market's next move.
*Gold down 2.3 pct for the week. *Palladium posts largest two-day gain since 2008. NEW YORK/ LONDON, Aug 28- Gold rose on Friday as technical indicators and suggestions the U.S. central bank may delay a rate rise provided support, but the metal was still on track to post its biggest weekly drop in five weeks amid dollar strength and strong U.S. economic data.
Sandy Jadeja, chief market strategist at SignalPro, discusses how the cyclical patterns in charts helped him spot the global market downturn before it occurred.
Stephen Suttmeier, BofA Merrill Lynch, turns a technical eye on the charts to track market's trends.
Daryl Guppy, CEO of Guppytraders.com, says the Dow Jones Industrial Average has a downside target of 15,800, but panic selling could take it down to 15,000. In China, the Shanghai Composite has a temporary support level at 2,800.
China's economic slowdown, recessions in Latin American countries such as Brazil and Chile, and a breakdown in commodity prices- combined with a thinly-traded market as many investors become more focused on tide charts than trading terminals- are prompting traders to overlook improving U.S. economic data, said Alan Gayle, portfolio manager at RidgeWorth...
Mark Newton, chief technical analyst and trader at Greywolf Execution Partners, gives the rundown ahead of the U.S. open, by showing technical charts.
*King Digital, El Pollo Loco slump as results disappoint. *J.C. Penney, Nordstrom rise after strong results. Aug 14- Wall Street was slightly higher on Friday as a raft of positive data pointed to a bullish signal for third-quarter economic growth.
WASHINGTON, Aug 14- U.S. industrial output advanced at its strongest pace in eight months in July as auto production surged in a bullish signal for third-quarter economic growth. Industrial production shot up 0.6 percent last month after a downwardly revised increase of 0.1 percent in June, the Federal Reserve said on Friday. Economists polled by Reuters had...
Rich Ross, Evercore ISI, thinks the next big move in the S&P 500 is higher.
Russ Koesterich, BlackRock, weighs in on momentum and value in the markets. Also Koesterich explains why he sees a better opportunity to buy in this market in the coming months.
Russ Koesterich, BlackRock, shares his outlook on the markets as volatility returns to the market.
Chris Johnson, JK Investment Group, takes a look at the charts to get a technical read on what the trends are showing about the markets.
Lynnden Branigan, technical strategist at Barclays, gives a technical overview on gold and how far it may fall.