COM News and Press, Direxion Auspice Broad Commodity Strategy From 06/18/24

2024-06-18 16:21:09 ET More on Energy XLE: The Biggest S&P 500 Sector Shareholder Yield, A Compelling Value Case XLE: Market Misunderstanding Creates An Opening LNG Exports And Natural Gas Dynamics Fossil fuel producers, corn growers sue to block new Bide...

2024-06-18 14:05:54 ET Summary Brent and WTI are global benchmarks for crude oil, with different qualities suited for gasoline and distillate products. Brent Crude Oil prices have shown a narrowing price range over the past years, with a consolidation pattern indicating a potentia...

2024-06-18 12:03:10 ET Summary Retail sales in the U.S. grew by +0.09% in May 2024, lower than the expected +0.30%. Data for prior months were revised downward significantly. The report generally confirms that the US economy has been slowing substantially during April and May....

2024-06-18 10:24:12 ET Summary High jet fuel demand expected this summer with potential supply-related upside from a busy hurricane season. USOI offers exposure to covered call investment strategy on Reference Oil Shares, but there are bearish risks from high global oil supply. ...

2024-06-18 06:20:22 ET The estimated value of open interest across global commodity markets increased by 1% over the week to $15 billion, with gains driven entirely by the energy sector, JPM Commodities Research said, while it expects LME copper prices to trade around $9,800/mt in...

2024-06-17 19:10:10 ET More on crude oil IEA's 2030 Outlook - I Don't Even Know Where To Start February Non-OPEC And World Oil Production Rises Midday In The Permian: WTI Could Rally Soon Read the full article on Seeking Alpha For further details see:...

2024-06-17 17:25:06 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 ...

2024-06-17 11:51:35 ET More on Crude Oil Futures: IEA's 2030 Outlook - I Don't Even Know Where To Start February Non-OPEC And World Oil Production Rises Midday In The Permian: WTI Could Rally Soon Commodity Roundup: Oil ticks lower as China's factory output d...

2024-06-17 11:41:27 ET More on Copper Futures: The May Commodities Rally Comes To An Abrupt End The Macro Brief: Market Insights And Economic Outlook For May 2024 The Copper Bull: Speculation Vs. Fundamentals Momentum traders caused the retracement of copper,...

2024-06-17 10:56:49 ET More on copper and copper miners COPX: Poised For Gains As Copper Demand Surges CPER: New All-Time Highs In Copper And A Correction COPX: Copper Squeeze Could Stretch Beyond 2030 Read the full article on Seeking Alpha For furthe...