News and Reports

Year Ahead 2025

January 06, 2025

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

Year in Review 2023 and Outlook for 2024

January 04, 2024

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

Year in Review 2022 and Outlook for 2023

January 2023

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: The Heart of Global Copper

October 2021

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 Gold

June 2021

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 Gold Mining and Canadian Juniors

April 2021

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

An Overview of the Golden Triangle

July 2020

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

An Overview of Quebec Gold Mining

April 2020

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

An Overview of the Red Lake Mining District

January, 2020

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

Boeing Stock Looks to Extend Strong Run of Blue-Chip Earnings

October 24, 2017 / www.schaeffersresearch.com

Blue-chip earnings continue to impress, with Dow stocks Caterpillar, 3M, and McDonald's guiding the index to record highs this morning. Now it's Boeing Co's (NYSE:BA) turn, with the aerospace giant scheduled to report earnings tomorrow morning. BA stock -- which just yesterday hit a record high of $265.98 -- is trading up 0.8% at $264.38, and considering its post-earnings history, it wouldn't be s...Read More

The Well-Timed Under Armour Stock Options Trade

October 24, 2017 / www.schaeffersresearch.com

Put volume was accelerated on Under Armour Inc (NYSE:UAA), with roughly 12,000 contracts traded -- more than two times what's typically seen in a typical trading session. Short-term contracts were being bought to open, and with UAA shares staging a sharp late-afternoon selloff, one of these bearish traders in particular placed a well-timed bet.Diving deeper, the weekly 10/27 17.50-strike and weekl...Read More

2 Stocks at Record Highs After Earnings

October 24, 2017 / www.schaeffersresearch.com

U.S. stocks are trading higher this morning after a slew of positive third-quarter earnings were released before the bell. Among the stocks making moves this morning are construction and mining equipment manufacturer Caterpillar Inc. (NYSE:CAT), automobile designer and producer General Motors Company (NYSE:GM), and technology powerhouse Apple Inc. (NASDAQ:AAPL). Here's a closer look at what's movi...Read More

The Unique S&P Chart Pattern Seen Just 13 Other Times

October 24, 2017 / www.schaeffersresearch.com

The S&P 500 Index (SPX) just did something so rare it's happened only 13 other times in history. Specifically, the index yesterday not only made a bearish engulfing pattern, but also hit an all-time high. Below, we'lltake a look at how the S&P tends to perform after this unique double occurrence.A bearish engulfing pattern happens when the index "engulfs" the previous day's candle. Specifically, i...Read More

American Express Stock Could Have Room To Run

October 24, 2017 / www.schaeffersresearch.com

It appears to be an opportune time to take a long position on blue chip American Express (NYSE:AXP). The company just topped earnings expectations and raised its full-year outlook, and although its long-time CEO is stepping down, he'll be replaced by a 30-year veteran of the firm. On top of these promising fundamental developments, the stock's technical prospects also appear bullish. For insta...Read More

Analysts Target Big Gains For These 2 FAANG Stocks

October 24, 2017 / www.schaeffersresearch.com

Analysts are weighing in on biotech Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN), TV streaming service Netflix, Inc. (NASDAQ:NFLX), and online retail giant Amazon.com, Inc. (NASDAQ:AMZN). Here's a quick roundup of today's bullish brokerage notes on shares of ALXN, NFLX, and AMZN.Alexion Pharmaceuticals Stock Pops on FDA Drug ApprovalAlexion Pharmaceuticals stock is up 4.5% to trade at $141.27, aft...Read More

Sears Breakup Rocks Whirlpool Stock; HNI Set to Sink

October 24, 2017 / www.schaeffersresearch.com

Analysts are weighing in on home appliance stock Whirlpool Corporation (NYSE:WHR), office furniture specialist HNI Corp (NYSE:HNI), and Hasbro rival Mattel, Inc. (NASDAQ:MAT). Here's a quick roundup of today's bearish brokerage notes on shares of WHR, HNI, and MAT.Whirlpool Stock Gets Downgraded After Earnings, Sears ShakeupWhirlpool stock is bracing for a 10% drop out of the gate, after the comp...Read More

Dow Futures Up Triple Digits on Blue-Chip Earnings

October 24, 2017 / www.schaeffersresearch.com

Dow Jones Industrial Average (DJIA) futures are higher this morning, up triple digits as earnings season ramps up. Better-than-expected reports from Caterpillar (CAT) and 3M (MMM) are lifting the blue-chip index toward record highs, with McDonald's (MCD) stock also pointed higher after earnings. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also higher, boosted by earnings vic...Read More

Biogen Option Bulls Have History On Their Side

October 23, 2017 / www.schaeffersresearch.com

Drug company Biogen Inc (NASDAQ:BIIB) will report earnings tomorrow morning. Today, the stock closed almost 3% lower at $328.11, after the firm changed its existing collaboration with Eisai to develop and commercialize investigational Alzheimer's disease treatments, resulting in a downgrade from Citigroup. Below, we'll take a look at BIIB stock and how options traders are playing the shares ahead...Read More

Stocks Retreat From Record Highs; GE Sinks Dow

October 23, 2017 / www.schaeffersresearch.com

Despite touching record highs in early trading, the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and the Nasdaq Composite (IXIC) each closed lower today, with the Dow and S&P both breaking their six-session win streaks. General Electric (GE) stock helped weigh the Dow down, dropping amid dividend concerns sparked by the blue chip's lackluster earnings report on Friday.Traders also...Read More

The Dow Stock at a 17-Year High on AMD Buzz

October 23, 2017 / www.schaeffersresearch.com

Stocks are modestly lower this afternoon, though all three major U.S. benchmarks hit record highs earlier. Among specific names making big moves, data storage specialist Seagate Technology PLC (NASDAQ:STX) and Dow stock Intel Corporation (NASDAQ:INTC) are higher, while materials expert Arconic Inc (NYSE:ARNC) is plummeting after earnings. Here's a quick look at what is moving shares of STX, IN...Read More

JetBlue Airways Stock Options Traders Buy Puts Ahead of Earnings

October 23, 2017 / www.schaeffersresearch.com

Third-quarter earnings season is rolling on. In addition to several high-profile tech earnings that are due this week, New York-based airline name JetBlue Airways Corporation (NASDAQ:JBLU) will take its turn in the earnings confessional tomorrow. Ahead of the event, JBLU stock is down 1.6% at $20.03 -- trading near several key technical levels -- and options traders have been targeting even bigger...Read More

2 Warning Signs for Texas Instruments Stock Bulls

October 23, 2017 / www.schaeffersresearch.com

Nvidia isn't the only semiconductor stock on analysts' radar. Just this morning, RBC upped its price target on Texas Instruments Incorporated (NASDAQ:TXN) to $100 from $96, helping the shares earlier hit a 17-year high of $96.74. The equity is now up almost 32% in 2017, and is pacing for a seventh straight positive weekly finish. But while options traders appear bullish ahead of the company's ear...Read More

Rare VIX Signal Just Sounded for the 5th Time Ever

October 23, 2017 / www.schaeffersresearch.com

As just another example of the low stock market volatility of late, the CBOE Market Volatility Index (VIX) -- or Wall Street's "fear gauge" -- is flashing a signal so rare we've seen it just four other times since 1990. Specifically, VIX premium has crested above 200%, according to Schaeffer's Quantitative Analyst Chris Prybal, which was a really bad signal for the VIX in 2016. Below, we'll explai...Read More

Options Traders Expect Big Earnings Swing for Chipotle Stock

October 23, 2017 / www.schaeffersresearch.com

Third-quarter earnings reports continue to dominate the headlines this week. Tomorrow, traders will digest results from burrito chain Chipotle Mexican Grill, Inc. (NYSE:CMG) after the close.Here's a closer look at CMG stock ahead of earnings, and how options traders have been positioning themselves on the restaurant's shares.Earnings History Isn't On CMG's SideChipotle Mexican Grill stock has...Read More

Weekly Options Traders Target Microsoft, Amazon Stocks As Earnings Loom

October 23, 2017 / www.schaeffersresearch.com

Options trading has been heavy on the Chicago Board Options Exchange (CBOE), with volume on Friday reaching its highest point since the Presidential Election. Tech powerhouses Microsoft Corporation (NASDAQ:MSFT) andAmazon.com, Inc. (NASDAQ:AMZN) are two companies with notable options volume, and both happen to report earnings later this week. Here's a closer look at how options traders have be...Read More

Jeff Kagan: Wireless Industry is Changing and Growing

October 23, 2017 / kincommunications.com

The wireless industry changes frequently, with several different areas to access growth, as Jeff Kagan writes for equities.com.Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) Push-to-Talk services are integrated with Google Android Operating Systems, which positions them well for acquiring users already familiar with their user interface.Below is an excerpt and a link to the full article, which...Read More

S&P, Nasdaq Pull Back After Fresh Highs

October 23, 2017 / www.schaeffersresearch.com

The Dow Jones Industrial Average (DJIA) is trading higher, looking to extend its winning streak to a seventh straight day, and just off a fresh record high. Traders are cheering a snap election victory for Japan Prime Minister Shinzo Abe, as well as increased expectations that President Donald Trump's administration will be pushing forward with tax cuts. However, as tech stocks pull back, the S&P...Read More

Options Market Prices In Another Big Post-Earnings Move for AMD Stock

October 23, 2017 / www.schaeffersresearch.com

Advanced Micro Devices, Inc. (NASDAQ:AMD) is scheduled to report third-quarter earnings after tomorrow's close. AMD stock has a history of making big post-earnings moves, with the shares swinging, on average, 15.6% in the session subsequent to reporting over the past eight quarters. The options market is expecting more of the same this time around, pricing in a 13.9% move for tomorrow's trading, r...Read More

Legal cannabis market much larger than expected

October 23, 2017 / kincommunications.com

Written by David Brown, Director of Communications at Oraclepoll Research earlier this year surveyed 5000 Canadians about their perception of cannabis. For companies like Quadron Cannatech Corporation (CSE:QCC), this positive research - including the doubling of projections in active cannabis consumers in Canada - positions the company and the industry as a whole to capture this increased consum...Read More

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