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

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

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COM - Dow, S&P, and Nasdaq ended mixed in a mostly muted trading day

2024-06-06 16:04:16 ET From a sector point of view, seven of the 11 S&P segments rounded out the day higher, with Consumer Discretionary leading the way. In reverse, the worst performing sector on the session was Utilities.... Read the full article on Seeking Alpha For furth...

COM - U.S. natural gas inventory net change of +98 Bcf for week ended May 31 - EIA

2024-06-06 10:32:27 ET Image Source: EIA More on Natural Gas LNG Exports And Natural Gas Dynamics LNG Gas Export Drop Sends The Natural Gas Market Back Into Surplus Natural Gas Market Is Tightening But It Will Take Time Commodity Roundup: Oil ...

COM - Small Increase For U.S. March Oil Production

2024-06-06 08:40:00 ET Summary U.S. March oil production rose by 77 kb/d to 13,182 kb/d. Texas production increased by 36 kb/d in March to 5,584 kb/d. In the Permian, the monthly completion and drilling rates have been both stabilizing in the 440 to 450 range over the last six...

COM - Commodity Roundup: Oil steadies, JPM sees Brent back into high $80s-$90 by Sept

2024-06-06 06:05:42 ET Energy Crude oil ( CL1:COM ) +0.48% to $74.43 . Natural Gas ( NG1:COM ) +0.29% to $2.76. Metals Palladium ( XPDUSD:CUR ) -0.22% to $919.50. Platinum ( XPTUSD:CUR ) +0.12...

COM - Crude oil bounces as Fed rate cut hopes outrank demand worries

2024-06-05 18:45:44 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: Crude...

COM - UCO: Crude Sell-Off Overdone, Watch For That Rebound (Rating Upgrade)

2024-06-05 17:45:43 ET Summary Following the sharp sell-off over the past two trading sessions, we now see an imminent technical rebound in WTI crude that should present an attractive trading opportunity. Taking advantage of UCO's 2X leveraged exposure to WTI crude, we have previo...

COM - Crude inventory increased by 1.2M barrels for week ended May 31 - EIA

2024-06-05 10:34:15 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 Commodity Roundup: UBS sees near-term oil market volatility after sell-off ...

COM - Gold: Reversal Signals Are Increasing

2024-06-05 10:10:03 ET Summary Gold prices have reached new record highs above USD 2,450 per ounce due to heightened geopolitical tensions and robust central bank buying. The safe-haven demand stemming from conflicts and physical buying in Asia are driving the gold bull run. I...

COM - Goehring & Rozencwajg Q1 2024 Natural Resource Market Commentary

2024-06-05 07:45:00 ET Summary Goehring & Rozencwajg Associates, LLC provides financial planning and investment advisory services. The Company offers natural market capitalization resources mutual fund investments for growth in business as well as provides consulting services. ...

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...

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