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Grain Market Bulls Fading a Bit

GRAINS: July corn futures closed up 8 1/2 cents at $5.02 1/4 Tuesday. Prices closed nearer the session high today and were supported on bargain hunting and a slow planting pace for U.S. corn. Corn prices are still in a 14-week-old uptrend on the daily...

Worldwide PMI Data on Tap Wednesday

* LATEST MARKET DEVELOPMENTS * Key Chinese economic data out Wednesday saw the HSBC April manufacturing PMI come in at 48.3 in March versus 48.0 in April. A PMI reading below 50.0 suggests contraction in the sector. The market place has been concerned...

Stocks: 6th Day Up

Financial stock sector ETF (XLF) absolute price crossed back up above its 50-day SMA on 4/22/14, thereby turning systematically bullish (from neutral). The S&P Mid Cap 400 ETF (MDY) absolute price crossed back up above its 50-day SMA on 4/22/14,...

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