Those using stocks and commodities to bet on a continued U.S. drought will eventually have to exit their positions fast, says Covestor manager Scott Rothbort.
ADM had a 30 percent increase in their EPS, an unexpected rise partially due to reduced global grain supplies. Some are still concerned that ADM might miss
Pfizer Inc (NYSE: PFE) and Archer Daniels Midland Co (NYSE: ADM) released their quarterly financial results today. ADM reported net earnings of $345 million for the first quarter of 2011, down $151 million from the same quarter of 2010. Their reported earnings per share were $0.54, down from quarter one […]
As of the date of this report, the S&P500 has managed to rally substantially over the past week and a half. There were some less dire economic reports that came out that pushed the market up. To give some insight to my thinking in August and going forward I am going to spend a little time with some trades I made.
U.S. markets surged on Friday as the Durable Goods report from the Census Bureau beat analysts’ expectations. According to the report (which you can read here), durable goods orders fell 1.3 percent in August. Analysts had predicted they would decline by 1.4 percent. If you exclude transportation, however, durable goods […]