Positive tones at the close after an early wobble 1 Aug 2016
- +86.50
- open 16415.31
- high 16677.49
- low 16319.15
- USDJPY 102.42 going nowhere fast for the moment
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Magnificent 7 lags; GOOG up 65%, NVDA triple-digit. AAPL's 34x P/E faces AI bubble risk, rated 'Moderate Buy'.
Sugar futures show mixed signals: Mar '26 dips 0.09, while Mar '27 gains 0.15. Watch volume shifts!
Lumber futures (Jan '26) dip to $549, down $1.50. Traders eye volume shifts as open interest drops.
Corn futures rise $1.50 on CBOT, while soybean and wheat contracts see mixed action. Traders eye volume.
Nvidia, AI, crypto stocks dumped on strong GDP! Cramer calls it 'stupid' - traders eye valuation.
Gold futures rally $50+ across contracts, with Feb '26 leading gains. Traders eye rising open interest.
Corn futures see modest gains! Mar '26 contract up 1.50 to 452.50. Traders eye volume shifts.
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