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COM News and Press, Direxion Auspice Broad Commodity Strategy From 06/05/24

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Company Name: Direxion Auspice Broad Commodity Strategy
Stock Symbol: COM
Market: NYSE

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COM - Are Corn And Ethanol Markets Correlated?

2024-06-05 06:20:00 ET Summary Ethanol is an alcohol derived primarily from corn in the United States. Ethanol is blended with gasoline at a ratio averaging 10% ethanol and 90% petroleum-based gasoline. Ethanol production has plateaued over the past 15 years, but still comprises a...

COM - Commodity Roundup: UBS sees near-term oil market volatility after sell-off

2024-06-05 06:01:15 ET Energy Crude oil ( CL1:COM ) +0.11% to $73.33. Natural Gas ( NG1:COM ) +1.79% to $2.63. Metals Palladium ( XPDUSD:CUR ) +0.89% to $911.50. Platinum ( XPTUSD:CUR ) -0.12%...

COM - OPEC's planned oil output boost could lift Biden's re-election hopes, analysts say

2024-06-04 18:50:13 ET More on crude oil Wall Street Lunch: Bearish Crude? Short-Term Energy Outlook, May 2024 The Quandary In The Markets And Navigating Concerns Of Stagflation Read the full article on Seeking Alpha For further details see: OPEC'...

COM - U.S. wheat posts fifth straight loss on higher than expected crop ratings

2024-06-04 17:55:57 ET More on wheat futures Grains ETFs Likely To Rise Into 2025 Grain Futures Markets Are Short: WEAT, Other Grain ETFs Remain In Buy Zone An Historic Potential Opportunity In Wheat Read the full article on Seeking Alpha For further ...

COM - Wall Street Lunch: Bearish Crude?

2024-06-04 15:07:00 ET Summary Crude trading at its lowest since Feb, Goldman says OPEC+ decision on Sunday was bearish for oil. Roaring Kitty, aka Keith Gill, shares screenshot showing that he owns GME stock worth $115.7M. Check out Goldman Sachs' latest picks for its Convict...

COM - Chevron: Never Bet Against A Leading Oil Major

2024-06-04 11:30:20 ET Summary Chevron stock has outperformed the S&P 500 recently, even though oil futures fell into a correction. Chevron's robust production performance and upbeat outlook have reassured investors of its growth potential. A positive outcome in Chevron's ...

COM - Dow, S&P, and Nasdaq are mixed while yields falter

2024-06-04 10:53:31 ET The major market averages traded in a mixed position on Tuesday, a day after data showed that activity in the manufacturing sector contracted for a second-straight month.... Read the full article on Seeking Alpha For further details see: Dow, S&P, ...

COM - London copper dips below $10K as exchange inventories keep climbing

2024-06-04 09:11:19 ET More on copper CPER: New All-Time Highs In Copper And A Correction Does Copper's Rally Have Room To Run? CPER: Long-Term Copper Outlook Is Bullish, But Short-Term Caution Advised Read the full article on Seeking Alpha For furthe...

COM - Commodity Roundup: Crude oil down 2%, gold subdued as dollar firms

2024-06-04 06:06:26 ET Energy Crude oil ( CL1:COM ) -1.99% to $72.74. Natural Gas ( NG1:COM ) +0.16% to $2.76. Metals Palladium ( XPDUSD:CUR ) -2.07% to $897.00. Platinum ( XPTUSD:CUR ) -1...

COM - Oil prices hit four-month lows; U.S. buys another 3M barrels for strategic reserve

2024-06-03 20:00:13 ET More on crude oil Short-Term Energy Outlook, May 2024 The Quandary In The Markets And Navigating Concerns Of Stagflation Global Oil Market: We Are Potentially Weeks Away From Moment Of Truth Read the full article on Seeking Alpha ...

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