Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More

The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More

The central bank is divided about further rate cuts this yearThe Dow finished higher today -- erasing a more than 200-point intraday loss -- as last-minute buyers swooped in during the final 30 minutes of trading. Wall Street reacted to the Federal Open Market Committee's (FOMC) decision to cut interest rates by one-quarter point, though the Fed's corresponding statement implied the central bank i...Read More

BHGE stock is lower today after some bearish analyst attentionCall volume is running hot on Baker Hughes A GE Co (NYSE:BHGE), even as the energy stock trades 0.6% lower at $23.23 on a price-target cut to $30 from $32 at Evercore ISI. With just over two hours left in today's trading, more than 5,500 BHGE calls have changed hands -- four times what's typically seen -- compared to fewer than 600 puts...Read More

LXRX has been pushing up the charts in recent daysLexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) is continuing its recent rally up the charts, last seen up 21% at $3.56, and options trading has picked up. More than 5,000 calls have traded, over five times the daily average of 821, and new positions are opening at the September 4 call. In the October series, the 3-strike put is popular, and the Octobe...Read More

Steel hollow sections prices in the European domestic market remained unchanged this week, with many market participants uncertain about whether to order now or wait until there is more clarity, sources told Fastmarkets on Wednesday September 18.Fastmarkets' weekly price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?585-610 ($646-673) per tonne on Wednesday, u...Read More

CDW will be replacing Total System Services on the S&P 500 next week With all eyes on the Fed interest rate decision, stocks are tentatively lower at last check. Three stocks in particular making moves are technology solutions specialist CDW Corporation (NASDAQ:CDW), pet supply name Chewy Inc (NYSE:CHWY), and drugmaker PTC Therapeutics, Inc. (NASDAQ:PTCT). Below, we'll take a look at what's movin...Read More

Investors are expecting an interest rate reduction from the FedU.S. stocks are broadly lower today, as traders await a likely interest-rate cut from the Federal Reserve. The post-decision press conference from Fed Chair Jerome Powell is really the biggest focal point, with Wall Street awaiting more details on the central bank's monetary policy plan. The Dow Jones Industrial Average (DJI), Nasdaq C...Read More

XAR hit a record high earlier this weekDefense stocks have been in focus this week, following weekend drone strikes against crude production facilities in Saudi Arabia prompting U.S. President Donald Trump to tweet about new sanctions on Iran -- which is behind the airstrikes, according to the White House. The bulk of this price action has been to the upside, with the SPDR S&P Aerospace & Defense...Read More

I am simply amazed at how much email I have been getting asking my opinion regarding the latest “manipulation” cases.And, many of those are asking me if I am finally convinced that the metals market was manipulated to drop from 2011 to 2015.Well, let’s try to walk through the issues together. Let’s start this article by identifying that about which we are speaking.You see,...Read More

By: Ira EpsteinGold forming into a bearish trend, lower highs and lower lows...Read More

By: Ira EpsteinGold - which will the market decide to go. For now, I will say the bears have control..Read More

Stefan Gleason, Money Metals ExchangeMonday's spike in crude oil prices could be a game changer - for geopolitics, for the economy, and for investors.Normally it would be foolhardy to draw big, sweeping conclusions from a single day's trading activity.But in this case, it's not just the fact that oil prices surged 13% to over $62/barrel. Or even the fact that more than 5% of the world's oil prod...Read More

Most of the action is occurring on the put sideFedEx Corporation (NYSE:FDX) stock is spiraling this morning, after the shipping giant reported lower-than-expected fiscal first-quarter adjusted profit of $3.05 per share and revenue of $17.05 billion. FDX also cut its full-year profit forecast to a range of $11 to $13 per share, less than the consensus estimate, citing headwinds from the U.S.-China...Read More

vTv Therapeutics just presented upbeat data for its mid-stage diabetes treatment The shares of pharmaceutical issue vTv Therapeutics Inc (NASDAQ:VTVT) are up 3.5% at $1.78 this morning, following promising results for the company's mid-stage study of its diabetes treatment, TTP399. VTVTsaid the new therapy was able to reduce daily mealtime bolus insulin doses by 23%. The equity is eyeing its highe...Read More

Wedbush is seeing strong signs for the iPhone 11Apple Inc. (NASDAQ:AAPL) is trading up 0.2% at $221.20, after Wedbush said more than 185 million iPhone 11 units will be shipped in the company's 2020 fiscal year, driven by strong underlying demand in China. Still, the brokerage firm also said pre-ordering has been good in the U.S., while adding that the iPhone remains the "hearts and lungs" of the...Read More

Monday’s spike in crude oil prices could be a game changer – forgeopolitics, for the economy, and for investors.Normally it would be foolhardy to draw big, sweeping conclusionsfrom a single day’s trading activity.But in this case, it’s not just the fact that oil prices surged13% to over $62/barrel. Or even the fact that more than 5% of the world’s oilproducing capacit...Read More

ADBE has now shed 12% off its July peakThe shares of Adobe Inc (NASDAQ:ADBE) are down 3.6% to trade at $275.82 this morning, after a mixed quarterly report. The software company reported adjusted fiscal third-quarter earnings of $2.05 per share on $2.83 billion in revenue, topping forecasts for a $1.97 per-share profit on $2.82 billion in revenue. However, Adobe also trimmed its current-quarter r...Read More

August housing starts were higher than expected Dow Jones Industrial Average (DJI) futures are trading cautiously below fair value ahead of this afternoon's Federal Open Market Committee (FOMC) policy decision and subsequent press conference from Fed Chair Jerome Powell. The central bank is expected to drop its key interest rate by one-quarter percentage point, and traders will look to Powell's pr...Read More

The 2020 election could see some major changes in the American economic system.The U.S. 2020 election will be one unlike America has ever seen, predicts oneanalyst.With both sides growing increasingly divided, it's impossible to know which way the sentiment will shift, and what will happen as a result.But one Stansberry analyst has concerns about what the future holds, and how a radicalized presid...Read More

This analyst predicts a major market moving event happening as soon as August 13.After nearly 27-years studying the stock market as a hedge fund manager, broker, and analyst, onesenior analyst thought he was prepared for everything Mr. Market threw his way.But last December he got word of a huge market event that's now less than 60 days away.He sent an urgent note to over 75,000 people who, over...Read More

Oil generally pulls back the day after a big spikeOil prices spiked over the weekend after drone attacks on oil facilities in Saudi Arabia. The price reverted some yesterday, though, after reports that oil production would be back to normal sooner than expected. I've gathered the data on how crude typically behaves after significant daily price shocks to see if there's a high probability trade in...Read More