Market News & Insights

Darden Restaurants (DRI) Falls On Earnings, Cycles Point Lower

Darden Restaurants (DRI) was down 4% on Thursday morning after beating on earnings and missing on revenue. The company reported earnings per share of $1.71 and total revenue of $2.13 billion, compared to analyst expectations of $1.64 and $2.15 billion. Darden Drops, Market Cycles Suggest More Pressure Our analysis of…

U.S. Corn Futures Market Outlook: Brazil Is The Wild Card

May corn futures closed down 7 3/4-cents per bushel week-on-week, finishing at $3.82 3/4. Let’s review the latest corn news, usda data, and analysis for the week ahead (March 19). Weekly Highlights and Takeaways: 1.  Weekly export sales in corn totaled 98.6 million bushels for the 2017/18 marketing year, which…

Is There Opportunity In Electricity Generation Stocks?

The drop in demand for electricity and the increased supply of natural gas caused prices to plummet for all electricity producers – including coal and solar, over the last 5 years. In short, it’s been ugly. An ETF that invests in solar companies, the Guggenheim Solar ETF (TAN) trades at…

U.S. Equities Market Update: Technicals Improving

U.S. equities are trying to consolidate the solid gains made last week… a week in which all major sectors gained ground. The Employment Report for February was announced on Friday which showed very strong jobs growth. And the stock market responded in kind with a big rally. Nonfarm payrolls increased…

U.S. Corn Futures Market Outlook: Assessing The Bull Case

MAY corn futures closed up 5 ¼-cents per bushel week-on-week, finishing at $3.90 ½. The March 2018 WASDE report offered some continued ammunition for Corn Bulls. Let’s review the bullish case… and what might be holding it up. Bullish Takeaways for Corn TRADERS 2017/18 U.S. corn ending stocks were lowered…

Cigna To Purchase Express Scripts, Stocks Head Opposite Ways

Cigna (CI) dropped 10% and Express Scripts (ESRX) jumped 11% in early Thursday morning trade as news of a takeover hit the wires. The divergent price action was driven by Cigna’s plan to purchase ESRX for $67 billion in cash and stock. Cigna will also assume $15 billion in ESRX…

U.S. Equities Update: Can Investors Brush Off Macro Concerns?

The Dow Jones Industrials fell 3 percent overall last week, while the S&P 500 fell around 2 percent. The Russell 2000 showed some relative strength falling just 1 percent. The poor performance was underscored by an announcement by President Trump on Thursday that the U.S. will impose tariffs on steel…

U.S. Corn Futures Weekly Outlook: Pullback Odds Rise

May corn futures closed up 10 3/4-cents per bushel week-on-week, finishing at $3.85 1/4. Let’s review the latest corn news, USDA data, and analysis for the week ahead (March 5). Weekly Highlights and Takeaways 1.  The resurgence in U.S. corn export business continued this week with weekly U.S. corn export…

Lowe’s Stock Tanks on Earnings, Possible Short-Term Bottom

Lowe’s Companies (LOW) fell 8% on Wednesday morning after a mixed earnings report. While the company beat on revenue and same store sales, it missed by $0.13 on earnings per share (EPS). LOW reported adjusted EPS of $0.74 and total revenue of $15.49 billion, compared to the market’s expectations of…

Stock Market Trends Update & Outlook (Week 9 / 2018)

THE BIG PICTURE Investors are operating in a volatile stock market climate so it pays to be nimble and in trend (with your trading timeframe). Stocks are rallying higher once more but there is plenty of “noise” due to market crosscurrents and disappointed bears. Traders need to follow the price…