Where The Uprend Remains Intact
After yesterday’s big sell-off, both gold and
silver made a comeback in today’s trading at the Comex division of the New York
Mercantile Exchange. August gold
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$326.50 before settling to $325.80 an ounce, up 3.70, or 1.15%. July silver
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back down to 4.995 an ounce, an increase of 5, or 1.01%. With
it’s uptrend intact, gold and silver turned
out to be one of the bright sectors on the markets. July copper
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With the Intel
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well as the Nasdaq 100. The June Nasdaq 100 futures
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lower and fell near the May lows at 1151. The NDM2 ended at 1162, down
32, or 2.68%. The June S&P 500 futures
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year, falling as low as 1026.50 then ending the session at 1029.50.
Soybean futures moved higher in early trading on momentum from the previous session’s rally. But by the end of the session,
July soybeans
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$5.13 1/4, down 1/4. July wheat
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$2.80 1/4 a bushel. According to the Wall Street Journal,
investors were cautious ahead of the next crop progress report for winter wheat,
which accounts for 70% of U.S. production. July corn
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or .59%, to $2.09 a bushel.
Despite the renewed turmoil in the Middle East,
crude oil continued a second day of declines due to supply-and-demand issues.
July crude oil
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heating oil
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unleaded gasoline
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of a cent to 75.70 cents a barrel. July natural gas
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at 3.18, down .07.