COM News and Press, Direxion Auspice Broad Commodity Strategy From 07/18/24

2024-07-18 10:32:49 ET Stocks for the week ended July 12, 2024, were 3,209 Bcf vs. 3,199 Bcf for the week ended July 5, 2024. Net change: +10 Bcf vs. +65 Bcf for the week ended July 5, 2024. Consensus estimate for net change...

2024-07-18 07:00:00 ET Summary Oil prices are on the offensive this afternoon following US inventories data. EIA data had inventories falling by 4.9 million barrels as opposed to the API number and even more staggering compared to estimates of a 33000 barrel drop. Oil prices a...

2024-07-18 05:53:08 ET While there is a lack of a clear pre-election trade given the range of scenarios that could play out, gold stands out as a winner, JPMorgan said in a note titled '2024 US Election Watch—Reassessing implications for Commodities under a Red Wave'. .....

2024-07-17 23:19:26 ET Summary Chord Energy engaged in M&A to boost efficiencies and profits, but WTI crude oil prices have outperformed Energy-sector equities this year. CHRD reported strong Q2 earnings, with a low P/E ratio and high free cash flow yield making the stock attr...

2024-07-17 19:10:07 ET More on crude oil and energy stock ETFs After The Summit: U.S. Energy, Global Energy - Drivers And Opportunities XLE: The Biggest S&P 500 Sector Shareholder Yield, A Compelling Value Case XLE: Market Misunderstanding Creates An Opening ...

2024-07-17 11:30:00 ET Summary The U.S. Federal Reserve released June 2024 Industrial Production data, showing +0.64% growth, surpassing forecasted +0.30%. Industrial production has accelerated significantly in the past three months, from well-below average growth to well-above av...

2024-07-17 10:41:15 ET Read the full article on Seeking Alpha For further details see: Crude inventory fell by 4.9M barrels for week ended July 12 - EIA

2024-07-17 06:09:14 ET Read the full article on Seeking Alpha For further details see: Commodity Roundup: Gold extends record run on Fed rate cut bets, oil dips

2024-07-16 18:45:25 ET More on crude oil Oil Prices Hold Firm As Chinese Demand Concerns Rise Scratching For Data In Determining Crude's Future Prices March Non-OPEC And World Oil Production Rose Read the full article on Seeking Alpha For further deta...

2024-07-16 05:14:49 ET Energy Crude oil ( CL1:COM ) -0.68% to $81.35. Natural Gas ( NG1:COM ) +0.70% to $2.17. Metals Palladium ( XPDUSD:CUR ) -0.43% to $934.00. Platinum ( XPTUSD:CUR ) -0.57% to ...