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

Analysts are weighing in on digital payment processor PayPal Holdings Inc (NASDAQ:PYPL), shoe stock Skechers USA Inc (NYSE:SKX), and athletic apparel retailer Lululemon Athletica inc. (NASDAQ:LULU). Here's a quick roundup of today's bullish brokerage notes on shares of PYPL, SKX, and LULU.PayPal Stock Soars to Record High After Raising GuidancePayPal stock is up 5.2% to trade at $70.75 and hit a r...Read More

Dow Jones Industrial Average (DJIA) futures are higher this morning, as the index looks for its sixth straight win and another record high. Markets are shaking off a rough earnings report from General Electric (GE) and poorly received Procter & Gamble (PG) earnings, with stocks pointing higher after the Senate approved a $4 trillion budget measure last night, lifting hopes for tax reform. The...Read More

Two years ago I moved to Florida from Massachusetts. When people found out I was moving, they would often immediately remark, “Get ready for the brutal heat and humidity!”It was their first instinct to bring up any possible negative about moving to a much more pleasant climate.About a year later, I posted pictures of vegetables we had grown, and chickens we keep. I also mentioned the n...Read More

Two years ago I moved to Florida from Massachusetts. When people found out I was moving, they would often immediately remark, “Get ready for the brutal heat and humidity!”It was their first instinct to bring up any possible negative about moving to a much more pleasant climate.About a year later, I posted pictures of vegetables we had grown, and chickens we keep. I also mentioned the n...Read More

After spending most of the day weighed down by Apple (AAPL) stock -- which suffered its worst day since August -- the Dow Jones Industrial Average (DJIA) managed to erase a triple-digit deficit to eke out a small gain, extending its winning streak to a fifth session. Thanks to impressive earnings from Travelers(TRV) and Verizon (VZ), the index secured a fresh record close. The S&P 500 Index (S...Read More

In the wake of its high-profile proxy battle with Nelson Peltz, Procter & Gamble Co (NYSE:PG) will take its place in the earnings confessional bright and early tomorrow morning. Ahead of the event, the Dow stock is trading down 0.6% at $91.52 amid broad-market headwinds. Options traders, meanwhile, are blasting PG -- with more than 45,100 contracts traded, almost four times what's typically seen...Read More

Markets are slumping today, with the Dow, S&P 500, and Nasdaq Composite all lower on the Black Monday anniversary. Telecom stock Verizon Communications (NYSE:VZ) and pharmaceutical firm Uniqure NV (NASDAQ:QURE) are higher today, while tobacco giant Philip Morris International Inc. (NYSE:PM) is sinking after earnings. Here's a quick look at what is moving shares of VZ, QURE, and PM.Verizon Sto...Read More

U.S. stocks are pulling back from record highs today, as Apple Inc. (NASDAQ:AAPL) leads a tech sell-off. However, a stock market breather this week may not be too surprising, considering we recently sent up an overbought signal that's sounded only two other times this year. Below, we'll break down the overbought signal, and explain why a tech cool-down may have been in the cards. We'll also unveil...Read More

Shares of Valeant Pharmaceuticals Intl Inc (NYSE:VRX) have been sliding in recent days, falling below their 200-day moving average to trade at $12.38. In fact, if the shares closed lower today, it would mark their seventh straight loss. The sell-off was apparently good news for one VRX options trader, who seemingly just cashed out a major bearish position for a big win. At last check, more than 13...Read More

Third-quarter earnings reports continue to flood in from Dow members like American Express Company (NYSE:AXP), which is trading lower this afternoon despite an earnings beat. Another handful of blue-chip companies are expected to release quarterly earnings next week, but first, traders will digest results from General Electric Company (NYSE:GE) tomorrow morning.Here's a closer look at GE ahead...Read More

Biopharmaceutical stock Juno Therapeutics Inc (NASDAQ:JUNO) has been moving primarily sideways on the charts in recent months, despite managing to hit twin peaks around the $47 level in September. However, the stock just met up with a key trendline that has had bullish implications in the past. If history repeats itself, JUNO stock could be screaming "buy" right now.According to Schaeffer's Senior...Read More

Subscribers to Schaeffer's Weekly Options Trader service recently scored a 132% profit from weekly 10/13 205-strike 3M Co (NYSE:MMM) calls. Below, we'll break down why we were bullish on MMM and how the successful options trade unfolded. When we recommended the weekly calls on Sept. 29, 3M stock had just moved off an overbought condition. Plus, the Dow stock was up around 17% year-to-date, and...Read More

Another onslaught of quarterly earnings are due this week, with big-cap companies like Boeing Co (NYSE:BA), Exxon Mobil Corporation (NYSE:XOM), Intel Corporation (NASDAQ:INTC), McDonald's Corporation (NYSE:MCD), and Visa Inc (NYSE:V) set to report. Earnings from FAANG names Amazon.com, Inc. (NASDAQ:AMZN) and Alphabet Inc (NASDAQ:GOOGL) are also slated for release. On the economic front, traders...Read More

While the broader stock market takes a breather today, we're searching for names bullish options traders may want to target. Based on data provided by Schaeffer's Senior Quantitative Analyst Rocky White, we landed on biotech stocks Amicus Therapeutics, Inc. (NASDAQ:FOLD) and Flexion Therapeutics Inc (NASDAQ:FLXN). Not only are the shares flashing potential "buy" signals, but options data suggests...Read More

Apple stock is spiraling today -- the worst Dow stock so far -- amid concerns for iPhone 8 demand and Apple Watch cellular connection failures in China. Against this backdrop, it's not too surprising to see a number of Apple suppliers on the decline, too, with chip stocks Advanced Micro Devices, Inc. (NASDAQ:AMD), Broadcom Ltd (NASDAQ:AVGO), and Qorvo Inc (NASDAQ:QRVO) all trading in the red. Here...Read More

The Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are all trading lower on this Black Monday anniversary, dragged into the red by tech stocks. Most notably, Apple (AAPL) stock is weighing on the Dow, as concerns about the iPhone 8 and Apple Watch overshadow an earnings beat from Verizon (VZ). U.S. stocks are also taking cues from across the pond, as politi...Read More

Analysts are weighing in on biotech Gilead Sciences, Inc. (NASDAQ:GILD), software company Adobe Systems Incorporated (NASDAQ:ADBE), and credit card provider American Express Company (NYSE:AXP). Here's a quick roundup of today's bullish brokerage notes on shares of GILD, ADBE, and AXP.Gilead Sciences Stock Pops on FDA Cancer Drug ApprovalGilead Sciences stock is up 1.7% to trade at $81.40, after th...Read More

U.S. stocks are trading lower this morning, pressured by weakness in the tech sector. Among the stocks making moves this morning are United Airlines parent United Continental Holdings, Inc. (NYSE:UAL), tech powerhouse Apple Inc. (NASDAQ:AAPL), and drug concern Corbus Pharmaceuticals Holdings Inc (NASDAQ:CRBP). Here's a closer look at what's moving shares of UAL, AAPL, and CRBP.Shares of UAL Fall...Read More

Analysts are weighing in on Dow stock Nike Inc (NYSE:NKE), medical device maker Mazor Robotics Ltd (NASDAQ:MZOR), and fast-casual restaurant chain Chipotle Mexican Grill, Inc. (NASDAQ:CMG). Here's a quick roundup of today's bearish brokerage notes on shares of NKE, MZOR, and CMG.Nike Inventory Glut Behind Goldman Sachs DowngradeNike stock is down 0.6% to trade at $52, after Goldman Sachs downgrade...Read More

Today marks the 30th anniversary of the infamous 1987 "Black Monday" stock market crash, and -- despite a geopolitical environment that's fairly riddled with risk and uncertainty -- the major equity indexes have soared to multiple consecutive record highs. Meanwhile, over the last six months, the average daily CBOE Volatility Index (VIX) reading has been a mere 10.82 -- well below the VIX's five-y...Read More