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

Stocks are trading mixed this afternoon, as traders digest the latest Fed announcement. Airline concern American Airlines Group Inc (NASDAQ:AAL), biotech bluebird bio Inc (NASDAQ:BLUE), and telecom services company Frontier Communications Corp (NASDAQ:FTR) stocks are on the move. Here's a quick look at what's moving shares of AAL, BLUE, and FTR.American Airlines Higher on J.P. Morgan UpgradeJ.P....Read More

General Electric Company (NYSE:GE) had a nightmarish October, delivering subpar earnings that prompted a flurry of bearish analyst attention. Unfortunately, it doesn't look like November is off to a much better start, with the Dow stock falling below key round-number level today. Below, we will examine the fallout of GE's earnings report, and how options traders are positioning themselves ahead o...Read More

Shares of meal supplier Blue Apron Holdings Inc (NYSE:APRN) have struggled since the company's late-June initial public offering (IPO), just today hitting a record low of $4.62, and last seen at $4.66. For comparison's sake, the highest point ever reached by APRN stock was $11 on its first day of trading. A solid portion of these losses came in reaction to the company's lone earnings release back...Read More

While the SPDR S&P Retail ETF (XRT) has averaged a loss of 0.07% in November, going back 10 years, there are still bullish opportunities among retail stocks, if past is prologue. Specifically, a duo of retailers could outperform in the short term: discount retailer Dollar Tree, Inc. (NASDAQ:DLTR) and apparel maker Ralph Lauren Corp (NYSE:RL), which reports earnings tomorrow. Below, we'll take a lo...Read More

Video game stocks are in the spotlight this week, withElectronic Arts Inc. (NASDAQ:EA) trading lower after the company issued a disappointing holiday-quarter revenue forecast. Tomorrow, traders will digest third-quarter earnings from sector peer Activision Blizzard, Inc. (NASDAQ:ATVI) after the close.Here's a closer look at ATVI stock ahead of earnings, and how options traders have been positio...Read More

Stocks for the most part are holding their early gains, with the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) all touching record peaks this morning. However, the Nasdaq has since erased its lead, weighed down by a pre-earnings pullback for Apple (AAPL) stock.Investors are digesting today's strong ADP jobs report, while gearing up for a busy afternoon. S...Read More

Alibaba Group Holding Ltd (NYSE:BABA) will be in the spotlight over the next few weeks, with the Chinese e-commerce name scheduled to report fiscal second-quarter earnings before the open tomorrow. Plus, the company will host its highly successful Singles Day on Monday, Nov. 11. Below, we will examine Alibaba's earnings history and how options traders are positioning themselves ahead of the event....Read More

Apple Inc. (NASDAQ:AAPL) will report fiscal fourth-quarter earnings after tomorrow's close -- capping off a recent stretch of big-cap tech earnings. The iPhone maker has a mixed history of earnings reactions, with the stock closing lower the day after Apple reports in four of the past eight quarters. Most notably, AAPL shares logged back-to-back next-day losses in excess of 6% in early 2016, thoug...Read More

Starbucks Corporation (NASDAQ:SBUX) reports earnings after the close on Thursday, and shareholders may be hiding their eyes ahead of the event. Over the past three quarters, the stock has moved lower in the session after earnings each time, including a 9.2% sell-off in July. SBUX shares have mostly traded sideways since then, last seen trading at $55.27, and sentiment appears bearish across Wall S...Read More

U.S. stocks are starting the month higher, thanks to an upbeat ADP payrolls report. Among the stocks making moves this morning are GPS company Garmin Ltd. (NASDAQ:GRMN), medical transport provider Envision Healthcare Corporation (NYSE:EVHC), and steel producer United States Steel Corporation (NYSE:X). Here's a closer look at what's moving shares of GRMN, EVHC, and X.Garmin Reaches Fresh Highs Afte...Read More

Analysts are weighing in on apparel retailer Abercrombie & Fitch Co. (NYSE:ANF), three-dimensional printing company 3D Systems Corporation (NYSE:DDD), and video game maker Electronic Arts Inc. (NASDAQ:EA). Here's a quick roundup of today's bearish brokerage notes on ANF, DDD, and EA.Abercrombie & Fitch Stock Drops on DowngradeAbercrombie & Fitch stock is down 7.3% to trade at $12.45, after J...Read More

Analysts are weighing in on semiconductor stock Intel Corporation (NASDAQ:INTC), cybersecurity name Qualys Inc (NASDAQ:QLYS), and review site Yelp Inc (NYSE:YELP). Here's a quick roundup of today's bullish brokerage notes on shares of INTC, QLYS, and YELP.Analyst Sees More Highs Ahead for Intel StockJust a day after Intel stock touched a 17-year high, brokerage firm Independent Research raised i...Read More

Dow Jones Industrial Average (DJIA) futures are higher this morning, up triple digits after the index wrapped up a healthy October gain. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also higher, with both indexes appear ready to hit fresh record highs, as traders digest economic data and awaitearnings reports from Facebook (FB) and Tesla (TSLA), among others. The Fed meeting...Read More

The S&P 500 Index (SPX) gained about 2% in October and is now riding a seven-month win streak. Since the March 2009 bottom, there have been two other streaks of that length, neither of which reached eight months. The first streak reached seven months in September of 2009, but then the S&P 500 was down about 2% in October. The last streak happened in May of 2013, only to see the index fall by 1.5%...Read More

Just when people need the government most, is when you will find politicians at their sleaziest.Over a month after Hurricane Maria pummeled Puerto Rico, about three-quarters of the Island is still without power.But rather than respond in the best interest of citizens, the government engaged in a crony deal with an inadequate energy company. Puerto Rico gave a $300 million contract to rebuild their...Read More

Just when people need the government most, is when you will find politicians at their sleaziest.Over a month after Hurricane Maria pummeled Puerto Rico, about three-quarters of the Island is still without power.But rather than respond in the best interest of citizens, the government engaged in a crony deal with an inadequate energy company. Puerto Rico gave a $300 million contract to rebuild their...Read More

U.S. stocks ended modestly higher today, with the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) each posting their best monthly gains since February. The Dow and S&P also extended their monthly win streaks to a seventh month, and the Nasdaq notched another record high in early trading, thanks to surging semiconductor stocks like Intel (INTC).On the econo...Read More

Call volume is running at an accelerated clip on Facebook Inc (NASDAQ:FB) ahead of the company's third-quarter earnings report, due out after tomorrow's close. At last check, 156,315 call options had traded -- 1.2 times the expected intraday amount, and volume pacing in the 81st annual percentile. And, with FB fresh off a new record high of $180.80, options traders are paying up to bet on higher h...Read More

Stocks are higher this afternoon, as the Dow Jones Industrial Average eyes its seventh straight monthly gain. Pharmaceutical concern Lannett Company, Inc. (NYSE:LCI) is tangled in legal trouble, while chip stock Micron Technology, Inc. (NASDAQ:MU) and healthcare stock Stemline Therapeutics Inc (NASDAQ:STML) are surging. Here's a quick look at what's moving shares of LCI, MU, and STML.Lannet...Read More

The semiconductor sector was already technically overbought coming into today, judging by the VanEck Vectors Semiconductor ETF's (SMH) 14-day Relative Strength Index (RSI) -- which closed last night at 77. But these Wall Street favorites continue to push higher, evidenced by fresh highs from NVIDIA Corporation (NASDAQ:NVDA) and Intel Corporation (NASDAQ:INTC). Below we'll break down today's price...Read More