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

Comtech Telecommunications and Boeing are both making moves upward Positive comments from President Donald Trump on a U.S.-China trade deal helped push stocks higher midday. Three stocks in particular making moves are Dow component Boeing Co (NYSE:BA), communications equipment name Comtech Telecomm. Corp. (NASDAQ:CMTL), and original equipment manufacturer (OEM) specialist Smart Global Holdings (N...Read More

The firm thinks August housing data paints a "bullish backdrop" through DecemberHousing stocks have outperformed in 2019, with the SPDR S&P Homebuilders ETF (XHB) up 32% year-to-date. More recently, XHB shares bounced sharply from their rising 120-day moving average in mid-August, and rallied to a 19-month high of $44.04 on Sept. 13. The fund has since eased back from here, but is up fractionally...Read More

UAA stock is higher after Nike earningsUnder Armour Inc (NYSE:UAA) stock is trading up 1.7% at $19.73, getting a lift from Nike's (NKE) impressive turn in the earnings confessional. This puts UAA on track for its second win in nine sessions, but a number of options traders don't think these gains will last.With about 90 minutes left in today's trading, around 1,600 UAA puts have changed hands -- 1...Read More

Is Gold now back in a bull market? Most goldbugs think so and are quick to proclaim that.But, could Gold remain in a secular bearmarket? It hasn’t made a new all time high in 8 years and the perma-bull,financial asset loving crowd certainly believes so.This is semantics because what really mattersis making money and nothing else. With that said, Gold is not in a real bullmarket yet. We can...Read More

The chipmaker is set to report its fourth-quarter earnings after the close tomorrowChip name Micron Technology, Inc. (NASDAQ:MU) is higher on two new price-target hikes from analysts. Specifically, BMO lifted its price target to $60 from $50, while Cowen boosted its estimate to $46 from $38. These two bull notes come just one day before MU's fiscal fourth-quarter earnings report, due out after the...Read More

Trump gave positive comments about a trade deal with ChinaFollowing a brief move into negative territory, the Dow Jones Industrial Average (DJI) is up more than 100 points at midday. Stocks are gaining after President Donald Trump told reporters that a China deal could come sooner than people think, helping the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) rise as well, with the tech and retail...Read More

Is Gold now back in a bull market? Most gold bugs think so and are quick to proclaim that.But, could Gold remain in a secular bear market? It hasn't made a new all time high in 8 years and the perma-bull, financial asset loving crowd certainly believes so.This is semantics because what really matters is making money and nothing else. With that said, Gold is not in a real bull market yet. We can...Read More

Gold's strength is no secret at this point, and that's why the uptrend is getting trickier to play. Let me offer a few suggestions..Read More

By: Ira EpsteinGold resistance can be seen around $1,556 - Dec. Gold (upper Bollinger band). The silver chart looks pretty darn good..Read More

Trade war will continue. Trump bashing China for atrocities to Muslims is a part of the trade war. Saudi Arabia has a beheading culture. Not a single nation dare criticize Saudi Arabia. Wahabi form of Islam is funded by Saudi Arabia to spread it worldwide. Wahabi form of Islam is more repressive than Chinese atrocities towards Islamic followers. Which nation or religion allows lashes for petty c...Read More

CMG shares hit a record high earlier this monthJefferies raised its price target on Chipotle Mexican Grill, Inc. (NYSE:CMG) stock to $820 from $700, saying it expects the burrito chain to post solid third-quarter financial results, even amid weaker-than-forecast same-store sales. The brokerage firm's new price target is still a discount to last night's close at $824.49, and this morning, CMG stock...Read More

PM calls have ramped up in volume this morningThe shares of Philip Morris International Inc. (NYSE:PM) are in focus this morning, after the tobacco company abandoned merger talks with Altria Group (MO). The two companies were set to combine after Altria was spun off in 2008, with talks heating up late last month. Ultimately though, both sides decided to focus on the launch of IQOS, a tobacco hea...Read More

GLUU is looking to snap an eight-day losing streakGlu Mobile Inc (NASDAQ:GLUU) is trading up 2.2% this morning at $4.85, after yet another analyst said to buy the stock. D.A. Davidson last evening released a note that gave the mobile game maker a "buy" rating and $8 price target, representing territory not explored since early June, with the $8 level actually serving as a ceiling just days before...Read More

A patent for the company's DNAbilize technology was added to its intellectual property portfolio The shares of Bio-Path Holdings Inc (NASDAQ:BPTH) are near the top of the Nasdaq this morning, after the company updated its intellectual property portfolio with a second platform technology patent, issued by the United States Patent and Trademark Office on July 2, for its DNAbilize technology, used to...Read More

When the S&P enters October up big year-to-date, with optimism prevalent, volatility tends to ensueNext Tuesday, Oct. 1, the fourth quarter of 2019 officially begins. It hasn't been that long since the major fourth-quarter 2018 sell-off, which was pretty brutal for the stock market. The 9.2% decline in the S&P 500 Index (SPX) last December was its worst monthly loss of the last decade, and the rou...Read More

The Mexican government has announced a plan to gradually eliminate an existing safeguard duty of 15% on several steel products.The duty on steel imports classified under 186 tariff codes will remain at 15% until September 2021, when it will be reduced to 10%, according to the country's...Read More

Steelmaking restrictions planned for China's northern region - where the concentration of mills are the highest in the country - during the autumn-winter period appear to be looser this year compared with the corresponding period of last year.While no official guidelines have emerged, a draft of measures to control air pollution in 28 cities in the region during the October-March period has been c...Read More

The price of steel rebar in the Northern European domestic market moved down slightly this week through a combination of low ferrous scrap costs, weak demand and plentiful supply, sources told Fastmarkets on Wednesday September 25.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Northern Europe, was ?,?470-490 ($517-539) per tonne on Wednesday, widening d...Read More

The price of wire rod delivered in the Northern and Southern European domestic markets decreased this week on the back of poor demand and low ferrous scrap costs, sources told Fastmarkets on Wednesday September 25. Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern Europe was ?,?440-450 ($484-495) per tonne on Wednesday, down by ?,?20 per tonne wee...Read More

Craig HemkeBack in January, we predicted that in 2019 the precious metals would see their best annual gains since 2010...and so far, they have! So now the question becomes: will the metals hold these gains and extend or will they fall back in the fourth quarter?And why were we so confident back in January, when every major analyst and sell-side economist was expecting higher interest rates and...Read More