The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More
The AOCE and WB have moderate overall forecasts for the metals in 2025 inline with IMF forecasts for a decline in economic growth and inflation, although we see the probability of a stagflationary scenario as still reasonably high.Read More
The past year was a difficult one overall for the metals, with the main standouts to the upside being a geopolitical risk-driven gain in gold, a China-driven rise in iron ore and a surge in uranium on broadening global support for nuclear power (Figure 1). A jump in global interest rates to near two-decade highs saw recession fears persist all year, and while one still did not actually eru...Read More
This year the post-global health crisis boom was brought to an end by a surge in inflation to forty-year highs, a major rise in global interest rates in an attempt to curb the rising prices and surging geopolitical risk after Russia's invasion of Ukraine. While precious metals held up reasonably well as markets turned to them as a risk hedge, by Q2/22 the higher interest rates put an end t...Read More
Chile is the world leader in copper production, at 28.5% of the total in 2020, and this looks set to continue, with the country having the largest global reserves, at 23.0% of total. It is also the global leader for molybdenum, which is often found along with copper, and is a major lithium player, holding 51.1% of global reserves. Read More
Newfoundland has become a gold exploration hotspot over the past few years, with the sector seeing some of its strongest activity ever. While the province remains a small contributor to Canadian gold production, it has a substantial mineral industry well supported by the government, focused on iron ore, copper and nickel, and the surge in exploration suggests that gold output from the...Read More
Nevada is the core of the U.S. gold output, accounting for by far the majority, at 75.4% on average for the past year. The state looks set to remain a dominant player in U.S. gold, as it accounts for 49% of total U.S. reserves, with Alaska slightly ahead with 51% of reserves, but just 8.6% of current production. The U.S. accounts for 6.1% of global gold output, making Nevada one of the largest gol...Read More
The Golden Triangle in northwestern British Columbia has historically been a major site of Canadian gold production, beginning as early as the mid 1800s. There was a wave of production in the 1990s which cooled as the gold price declined, but larger scale production resumed in 2017, and the area has seen surging exploration interest over the past year, given that the region has some of the largest...Read More
In this report we outline the Quebec gold mining industry, including its major producers, and a survey of many of the junior miners focused on the province. Quebec accounts for 34% of Canadian gold production (second to Ontario, with 44%) and remains a major focus for both producers and junior miners.Read More
Red Lake has been one of the most prolific gold mining districts in Canada and the world, with exploration having started in the 1920s, and production, which began in the 1930s, continuing to the present day. The district is known for the high grade of its gold, its infrastructure, and strong institutional support, given the long history of mining in the area.Read More
For the fourth time in its history (the last hike came in 2017), Netflix is raising prices - this time by 13-18% - its biggest price-hike since launching 12 years ago.Read full newsRead More
STX stock just got another price-target cut and is now running into technical trouble Another negative analyst note has the shares of Seagate Technology PLC (NASDAQ:STX) down 1.2% at $39.63. Specifically, Cowen cut its price target to $40 from $50 today, following yesterday's price-target cut to $33 from $40 at Evercore ISI. STX could run into more pitfalls soon, too, with the stock recently setti...Read More
Electric cars are better for the environment than traditional gasoline models, and that benefit will grow as power generators shift away from coal.That's the conclusion of research by BloombergNEF, which found carbon dioxide emissions from battery-powered vehicles were about 40 percent lower than for internal combustion engines last year. The difference was biggest in Britain and the U.K., which h...Read More
Electric cars are better for the environment than traditional gasoline models, and that benefit will grow as power generators shift away from coal.That's the conclusion of research by BloombergNEF, which found carbon dioxide emissions from battery-powered vehicles were about 40 percent lower than for internal combustion engines last year. The difference was biggest in Britain and the U.K., which h...Read More
YEXT shares are sandwiched between some notable levelsSo-called digital knowledge specialist Yext Inc (NYSE:YEXT) has struggled in recent months. The shares shot higher in the summer months, thanks in part to an Amazon partnership, and went on to hit a record high of $27.19 in late August. This milestone was quickly followed by months of selling before YEXT shares bounced near the $13 level in Dec...Read More
KTOV is the best stock on the Nasdaq todayStocks are higher today on tech sector strength. Among names making particularly notable moves, Dow stock Walgreens Boots Alliance Inc (NASDAQ:WBA) and drugmaker Kitov Pharma (NASDAQ:KTOV) are higher, while biotech Aimmune Therapeutics Inc (NASDAQ:AIMT) is lower. Below, we'll take a look at what's moving the shares of WBA, KTOV, and AIMT.WBA Jumps on Mic...Read More
Gold futures finished lower Tuesday, pulling back after a two-session climb, as U.S. benchmark equity indexes rose and the dollar strengthened. Palladium, meanwhile, snapped a 10-day stretch of gains, with futures prices failing to settle above that of gold. February gold GCG9, +0.16% shed $2.90, or 0.2%, to settle at $1,288.40 an ounce. Futures prices, which touched an intraday high of $1,296....Read More
Lawyers for Vedanta Resources told England's Supreme Court on Tuesday that a case raised against the mining company by nearly 2,000 Zambian villagers should be heard in Zambia not London.India-listed Vedanta, which delisted from London last year but maintains a legal base in Britain, is appealing a lower court ruling that a case in which villagers alleged their land was polluted by a Vedanta unit...Read More
Lawyers for Vedanta Resources told England's Supreme Court on Tuesday that a case raised against the mining company by nearly 2,000 Zambian villagers should be heard in Zambia not London.India-listed Vedanta, which delisted from London last year but maintains a legal base in Britain, is appealing a lower court ruling that a case in which villagers alleged their land was polluted by a Vedanta unit...Read More
Call options are trading at a faster-than-usual clip on the healthcare nameCantor Fitzgerald today initiated coverage on Array Biopharma Inc (NASDAQ:ARRY) with an "overweight" rating and $30 price target -- representing a premium of 76% to Monday's close at $17.07. The brokerage firm said Array's "lead asset, Mektovi+Braftovi, still appears underappreciated by investors," and the combination "has...Read More
Front-month strikes are popularThe shares of VirnetX Holding Corporation (NYSEAMERICAN:VHC) are up 39.5% at $5.40 -- earlier hitting a 15-month peak of $5.57 -- after a U.S. appeals court upheld a 2016 ruling that required Apple (AAPL) to pay the security technology firm $302 million in a patent infringement case. That amount has now grown to $440 million due to interest and increased damages, amo...Read More
Both AEO and ANF options are attractively priced as the stocks appear set to slideYesterday, retail stocks American Eagle Outfitters (NYSE:AEO) and Abercrombie & Fitch Co (NYSE:ANF) were in focus after reaffirming their respective fourth-quarter sales forecasts. While the retailers aren't slated to report their full holiday-season results until the first week of March, both stocks could run into t...Read More
UnitedHealth stock is at the top of the Dow after earningsThe Dow Jones Industrial Average (DJI) is modestly higher at midday, with UnitedHealth Group (UNH) leading the charge after earnings, overshadowing lackluster results from JPMorgan Chase (JPM). Meanwhile, Netflix (NFLX) is leadingtech stocks and helping the Nasdaq Composite (IXIC) outperform, after announcing plans to raise subscription p...Read More
Sibanye-Stillwater has contingency plans in place to minimize the possible impact of a strike at its South African platinum operations, Chief Executive Neal Froneman said on Tuesday.The Association of Mineworkers and Construction Union (AMCU) announced on Monday that it is planning to strike at Sibanye-Stillwater's local platinum operations, expanding an earlier stoppage affecting its gold facilit...Read More
Lithium miner Alliance Mineral Assets said on Tuesday it expected to choose final customers for half of its lithium supply in the next few weeks, after restructuring its existing agreements.Alliance, which owns the Bald Hill mine in Western Australia after buying out its partner Tawana Resources last year, said it was in talks with parties in South Korea and Japan, as well as China."We have 80,000...Read More
The company is teasing a "new relationship and material opportunity"The shares of New Age Beverages Corp (NASDAQ:NBEV) are higher today, as traders await the company's special conference call tomorrow. Specifically, the firm -- which is dabbling in CBD-infused drinks -- this morning said it will hold an investor call at 8:30 a.m. ET tomorrow, Jan. 16, "to provide a special business update on a new...Read More
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More
Fund flows data shows traders have piled back into SMH during the past weekThe VanEck Vectors Semiconductor ETF (NYSEARCA:SMH) enters standard January options expiration week with its trading range clearly cut out for it. Overhead, we have the round century level of $100, which is currently about 9.4% north of the exchange-traded fund's (ETF's) Friday close. And hovering directly near this psychol...Read More
BAC will report earnings ahead of tomorrow's openBig banks are starting to report earnings, with a rare profit miss for JPMorgan Chase (JPM) in focus today. Bank of America Corp (NYSE:BAC) is scheduled to take its turn in the earnings confessional ahead of the open tomorrow, Jan. 16. While the stock is trading down 0.8% today at $26.17, the options market is expecting a bigger-than-usual post-earn...Read More
An overdue round of bull notes could create tailwinds for SBUXCoffee stock Starbucks Corporation (NASDAQ:SBUX) recently bounced off its 80-day trendline for the second time this year. With the shares forming a symmetrical triangle and sitting just atop their post-earnings bull-gap levels from early November, SBUX could have found a new short-term floor. Analysts remain divided, so a round of bul...Read More