Epic rainfall and flooding will mean a terrible crop come fall, and that should propel prices for corn higher.
Counter-trade the tech stock ETF XLK buying weakness to its 200-day simple moving average at $70.82 and selling strength at its 50-day SMA at $75.83.
An announcement on job cuts comes just days after legendary corporate raider Nelson Peltz and his investment firm, Trian Fund Management, won two seats on Legg Mason's board of directors.
Avoid buying Spiders as the downside risk through June is to its semiannual pivot at $266.14 as the 'sell in May and go away' mantra gains acceptance.
Jim Cramer broke down why markets are finally pricing in the impact of a trade war with China, as Wall Street turns increasingly negative on Real Money Stock of the Day Tesla and digests earnings from L Brands, Best Buy and looks ahead to Foot Locker earnings before Friday's opening bell.
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