Archer Daniels Good but a Bit Risky
Archer Daniels Midland (NYSE:ADM) is one of the dominant players in food and feed ingredient production and distribution. The company is in processing business of various commodities and has a large Corn Processing Division that uses the crop to produce a variety of food and energy products. ADM backed by its Corn Processing division is the largest producer of corn based biofuel in the nation. ADM is a massive player in the agriculture Industry. The company does everything from collecting and processing the food products and animal feeds to biodiesel and ethanol. The company has wholly integrated i more ...
Uranium Market Outlook
The uranium market is one of the most opaque in the world. Uranium price has followed a non-linear movement, with various ups and downs accompanying the evolution of economic and financial systems and global events. Uranium reached its peak price of 136 dollars a pound in mid-2007 (OECD Nuclear Energy Agency and the International Atomic Energy Agency, 2012). After the onset of the credit crisis, decreasing price has pursued the price path of other commodities. From $78 in 2008, it sharply declined to a low of $40 during the financial turmoil and increased again to nearly $72 in early 2011, only to more ...
Republican lawmakers present alternative to default in debt ceiling debate
House Republicans are making themselves ready with a backup plan that would compel the U.S. Treasury to start by making interest payments on U.S. bonds and then prioritize with other government pay outs if Congress fails to increase the debt ceiling. Advocates of the plan see it as a politically palatable option to default, which could send the financial markets southwards as witnessed in the summer of 2011. The possibility of another market-disturbing event taking place is prompting Republicans to look for a different plan as they employ the debt limit as a means of mining spending cuts from Presi more ...
S&P and DJIA Update Nov 7, 2012
FRIDAY CLOSE POSITION OF MAJOR INDICES Index High Low Close Chg % Chg DJIA 13290.75 13112.90 13245.68 133.24 1.02 Transportation Average 5213.49 5123.64 5203.64 79.78 1.56 Utility Average 464.25 460.53 462.26 -0.17 -0.04 Nasdaq 100 2696.46 2668.45 2681.05 8.14 0.30 500 Index 1433.38 1417.26 1428.39 11.13 0.79 SP 500 INDEX: We are predicting that the larger trend is bullish for SP 500. The election of Obama has spurred the rally in the SP 500 and the index has erased all the loss of the Friday close. Let have quick look at the chart of the SP 500 more ...
What is the Stock Market and why is it so Fickle?
What is the stock market? Economists might say that it is the perfect example of an efficient market place where traders can come together to buy and sell securities. Prices of securities move freely, up or down, following the laws of supply and demand. Other observers might contend that the stock market is not an efficient market place and that it is far from perfect. They believe that the market is manipulated and those that know how to play the game the best are the ones that profit the most. Whether you take a positive view or a more cynical view of the stock market, there are certain indisputa more ...
January 16th Commodity Report
Oil Oil prices rose ahead of the release of the U.S. industrial production report for December but an impending face-off concerning the debt ceiling limited the gains. As of 03:06 (ET) New York's main contract, light sweet crude for delivery in February was up by 0.14 points or 0.15% to $93.40 a barrel and Brent North Sea crude for February delivery climbed by 0.16 points or 0.15% to $110.46. Light sweet crude finished at $93.28 a barrel in New York on Tuesday. Analysts have pointed out that if the U.S. industrial production for December comes in strongly, then it could restore confidence in the re more ...
Euro rises to a 10-month high against most of its counterparts in the marketplace
In spite of the sovereign debt crisis that has plagued the European economy for some years now, recently the euro has been considerably gaining ground against most of its counterparts in the marketplace, perhaps an indication that the region’s problems have been contained. In the past six months, the euro has gained by about 8% against the U.S. dollar. And, this week, the common currency traded above $1.34 against the dollar for the first time since February 2012. It is important to note that the 17-nation currency has rallied amid increasing signals in the financial markets that the economic probl more ...
