8 min listen
Markets Now Closing Markets -4-5-24 Audio
Markets Now Closing Markets -4-5-24 Audio
ratings:
Length:
12 minutes
Released:
Apr 5, 2024
Format:
Podcast episode
Description
Markets end mixed Friday as corn hits chart resistance at the 50-day moving average and consolidates, despite higher wheat and soybeans. Wheat saw a short covering rally but news on Russian export issues due to quality problems was also supportive, while soybeans seemed to follow soybean oil and crude oil. However, all the grains are sideways on the charts. Cattle made new lows for the move on Friday and were down for the week on HPAI fears and fund selling, while funds moved over to buy hogs which saw more contract highs. The stock market also had a down week with fears of inflation and higher for longer interest rates. Tommy Grisafi with Advance Trading covers it all. See omnystudio.com/listener for privacy information.
Released:
Apr 5, 2024
Format:
Podcast episode
Titles in the series (100)
Markets Now Closing Markets -4-2-24 Audio by Markets Now with Michelle Rook