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

Options activity is picking up during today's sessionOne name on our radar today is pawn shop operator EZCORP Inc (NASDAQ:EZPW), as a bearish analyst note has the stock trading at new lows. Jefferies cut its rating on the shares to "hold" from "buy," and slashed its price target from $13.50 all the way down to $6.50, expressing concerns over the company's new Executive Chairman Phillip Cohen. EZPW...Read More

DPZ options volume is at a 52-week peak todayThe U.S. stock market is spiraling today, as U.S.-China trade anxiety spikes. Among individual stocks making notable moves are cloud platform name Asure Software Inc (NASDAQ:ASUR), pizza maker Domino's Pizza, Inc. (NYSE:DPZ), and video game retailer GameStop Corp. (NYSE:GME). Here's a closer look at what's moving the shares of ASUR, DPZ, and GME.Asure S...Read More

The U.S. is reportedly still trying to limit capital flows to ChinaThe Dow Jones Industrial Average (DJI) is getting shelled today -- heading toward its second straight loss -- as the prospects of a U.S.-China trade resolution later this week fade. The blue-chip index nursed a more than 300-point drop at its session lows, after the Trump administration blacklisted several Chinese artificial inte...Read More

A summary of base metals premiums from across the globe for the week to Tuesday October 8.Please click...Read More

The GoPro supplier is eyeing its lowest close in a month GoPro supplier Ambarella Inc (NASDAQ:AMBA) is sinking today, as the Trump administration continues to blacklist even more Chinese companies, including some of the country's top AI startups. The semiconductor sector has been hit especially hard by the news, dragging down AMBA, which has lost 11.2% to trade at $50.81 -- on pace for its lowest...Read More

The London Metal Exchange three-month copper price fell by 0.6% at the close of trading on Tuesday October 8 to $5,682 per tonne compared with $5,722 per tonne the previous day despite a doubling of lots traded from this morning, with just shy of 16,500 lots having changed hands by the afternoon kerb. The red metal's LME three-month price has ignored a 4,800 tonne outflow from LME-approved warehou...Read More

CBOE has had an outstanding 2019 so farA look at the chart for Cboe Global Markets Inc (BATS:CBOE) suggests it's a good time to go long on the long-time outperformer. The shares are bouncing strongly from support at the 80-day and 100-day moving averages, which are right near a trendline connecting higher lows since mid-April. The stock right now is holding right near the 20% year-to-date return l...Read More

By: Ira EpsteinGold is caught whipping back and forth. Pattern is lower-highs and lower-lows, which is bearish unless gold (dec) gets back above $1,525:Read More

Yesterday's fall was due to inability to rise and profit taking before the US-China trade talk. Short sellers become active once gold started to fall. Right now the fall in gold is just a correction. If gold and silver fall today and tomorrow, then it will move into a short term bearish phase. I am not buying gold and silver today. Chinese are not buyers. Just remember that correction of $125-$1...Read More

A year ago today,the cannabis sector was booming. Everyone seemed to want a piece of the sectorthat was sure to continue flying in the long run. The only problem - thatwasn’t the case!As soon as Canadalegalized adult use cannabis, it seemed as though all the hopes of strong salesflew out of the window. Aurora Cannabis (ACB) traded at more than $11 per sharein mid-October, 2019. By mid-Decemb...Read More

TheFederal Reserve’s recent need to supply $100’s of billions in new credit forthe overnight repo market underscores the condition of dollar scarcity in the globalfinancial system. This dearth of dollars and its concomitant strength has left mostmarket watchers baffled. Since2008, the Fed has printed $3.8 trillion (with a “T”) of new dollars in aneffort to weaken the curren...Read More

Turkish steel mills continued to stay out of the deep-sea scrap markets on Tuesday October 8 with prices unchanged on a lack of fresh bookings, according to market sources. Market participants told Fastmarkets that mills in Turkey booked a lot of cargoes for November shipment and can now take a break and focus on finished steel markets. But market participants believe...Read More

Here are five Fastmarkets MB stories you might have missed on Tuesday October 8 that are worth another look.The world's largest copper producer, Codelco, has offered customers in Asia 2020 copper cathode supply with premium levels unchanged from current levels, three informed sources told Fastmarkets.Export prices for Chinese cold-rolled coil and hot-dipped galvanized coil were unchanged duri...Read More

TGT stock is higher on Toys 'R' Us buzzTarget Corporation (NYSE:TGT) is running hot today, on news the retailer partnered with Tru Kids -- owner of the Toys 'R' Us brand. Specifically, shoppers who visit ToysRUs.com to browse toys will be redirected to Target's website once they click "buy." A new "strong buy" rating at Raymond James is only fueling the tailwinds, with TGT stock up 0.6% to trade a...Read More

SWTX and STSA IPO'd on the same day last monthSpringWorks Therapeutics Inc (NASDAQ:SWTX) and Satsuma Pharmaceuticals Inc (NASDAQ:STSA) both went public fairly recently, and now analysts are weighing in. Let's take a look at how Wall Street is lining up on the shares of SWTX and STSA. For SWTX, J.P. Morgan Securities, Cowen, and Wedbush all began coverage with the equivalent of a "buy" rating, with...Read More

Short-term BA options are attractively priced at the momentThe shares of Boeing Co (NYSE:BA) are down 1.4% to trade at $371.29 this morning, after a Wall Street Journal report indicated tensions between U.S. and European regulators could delay the 737 MAX return in 2020. More specifically, the European Union Aviation Safety Agency (EASA) isn't happy with the U.S. Federal Aviation Agency's (FAA) s...Read More

Silver is definitely cheap. By almost any standard of measurement, the price of silver is cheap. It is cheap relative to gold, it is cheap compared to its recent peak in 2011, and it is cheap historically. For some, that apparently means that silver is a bargain, too. I’m not so sure. Those who tell us silver is cheap relative to gold say that silver’s price is likely to rise higher,...Read More

The brokerage firm slashed its PBYI price target by 67%Goldman Sachs downgraded Puma Biotechnology Inc (NASDAQ:PBYI) stock to "sell" from "neutral," and slashed its price target to $8 from $24 -- a 20.6% discount to last night's close. The brokerage firm expressed concern over slowing Nerlynx sales growth, and said the potential risk from Seattle Genetics' (SGEN) breast cancer treatment is "undera...Read More

Nio's third-quarter deliveries grew by 35.1% The shares of electric car maker Nio Inc (NYSE:NIO) are way higher this morning, after the firm's third-quarter deliveries report came in better than expected. Specifically, NIO said it delivered 4,799 vehicles in the third quarter -- a 35.1% boost from the previous quarter -- citing expedited shipments prior to China's national holiday. At last check N...Read More

By Andy Hecht : Starting and June and through the beginning of September, gold and silver prices were back in bullish mode. Gold rose to its highest price since 2013 and silver to its peak since 2016. The nearby gold futures contract traded up to a high at just under $1560 per ounce. Silver peaked at just under $19.54. Markets rarely move in a straight line, and corrections can be healthy for bull...Read More