MPS Egg Farms

November WTI crude oil (CLX26) is down -0.61 (-0.59%) today, and November RBOB gasoline (RBX26) is down -0.967 (-3.03%). Crude oil and gasoline prices erased an early rally and fell today, with gasoline down to a 7-week low, on an unconfirmed report that Qatar and Pakistan issued a fresh proposal to revive negotiations to end the Iran war. Also, today’s plunge in the crude crack spread to a 3.75-month low is weighing on crude prices.

December arabica coffee (KCZ26) is down -5.50 (-1.74%) today, and November ICE robusta coffee (RMX26) is down -79 (-2.27%). Coffee prices are under pressure today on signs of bigger supplies, as nearly 28,000 bags of arabica coffee are pending grading at the Intercontinental Exchange, the highest total in over a month. Also, ICE robusta coffee inventories climbed to an 11.5-month high on Monday.

The shares of CoreWeave (CRWV) rallied over 6% in premarket trading on Monday after investment banking major Goldman Sachs upgraded the AI cloud infrastructure company to “Buy” from “Neutral.” Gabriela Borges downgraded the price target from $129 to $106 but pointed out that the economics of the contracts of CoreWeave can turn out to be much better than anticipated by the market. The upgrade has come at a very interesting stage for CRWV.

Information presented is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. No representations are made by Barchart as to its informational accuracy or completeness.

Valued at a market cap of $27 billion, Otis Worldwide Corporation (OTIS) is the world’s leading manufacturer, installer, servicer, and modernizer of elevators and escalators, moving 2.5 billion people daily and maintaining approximately 2.5 million customer units worldwide.

The dollar index (DXY00) is down by -0.31% today. The dollar is weaker today, pressured by a rally in the Chinese yuan to a 4-year high. The dollar added to its losses today after US Sep housing starts unexpectedly fell to a 4-month low and Sep pending home sales fell more than expected. Dollar losses are limited today as stock weakness has boosted liquidity demand for the dollar.

Nvidia (NVDA), the bellwether of the AI trade, will hold its GTC Berlin AI Conference today. CEO Jensen Huang is scheduled to speak, and the market will not only be looking to gain insights into the chip giant's plans for Europe, but also his take on other contentious topics affecting the AI infrastructure buildout, such as the memory shortage, capex spending, and energy needs.

March U.S. T-Bond (ZBH27) futures present a buying opportunity on more price strength. See on the daily bar chart for March U.S. Treasury bond futures that recent price action has negated a downtrend, prices are now starting to trend up, and that a bullish rounding-bottom reversal pattern has formed.

United Airlines (UAL) stock investors have a date to circle on their calendars—Oct. 20. The airline is set to report its third-quarter 2026 results after the market closes on Tuesday, and this time, the question is whether strong passenger demand can make up for the rising cost of keeping its planes in the air. The ongoing war in the Middle East has sent oil prices higher, putting pressure on airlines’ fuel bills and threatening profitability.

Information presented is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. No representations are made by Barchart as to its informational accuracy or completeness.