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 printing stock Kornit Digital Ltd. (NASDAQ:KRNT), solar energy stock SunPower Corporation (NASDAQ:SPWR), and burrito chain Chipotle Mexican Grill, Inc. (NYSE:CMG). Here's a quick roundup of today's bearish brokerage notes on shares of KRNT, SPWR, and CMG.Kornit Digital Cuts Guidance, Prompting A Flurry Of Bearish Analyst AttentionKornit Digital stock is down 25% to...Read More

Analysts are weighing in on tech company Micron Technology, Inc. (NASDAQ:MU), luxury retailer Michael Kors Holdings Ltd (NYSE:KORS), and online streaming entertainment concern Netflix, Inc. (NASDAQ:NFLX). Here's a quick roundup of today's bullish brokerage notes on shares of MU, KORS, and NFLX. Micron Showered With Price-Target Hikes Post-Earnings Micron Technology has received no fewer than nine...Read More

Dow futures are indicating a higher open ahead of an afternoon speech on tax reform from President Trump. Among specific stocks in focus today are athletic apparel juggernaut Nike Inc (NYSE:NKE), pharmaceutical concern Lannett Company, Inc. (NYSE:LCI), and F-150 manufacturer Ford Motor Company (NYSE:F). Here's a closer look at what's moving shares of NKE, LCI, and F. Nike Stock Pointed Lower...Read More

After extending its losing streak yesterday, Dow Jones Industrial Average (DJIA) futures are signaling a higher start this morning,as Wall Street awaits President Trump's plans for tax reform. Meanwhile, traders are digesting the latest data on durable goods orders, which rose a bigger-than-expected 1.7% in August, and the Dow is pointed higher in spite of a negative earnings reaction for Nike. F...Read More

Everyone knows volatility has been low in 2017, but last week was ridiculous. By one measure, which is shown below, it is the lowest stock market volatility we have ever recorded. On the other hand, S&P 500 Index (SPX) historical volatility (HV) temporarily moved above a key level, sending up a signal not seen since 2007. Below, I'll consider whether that means anything going forward.Last Week's R...Read More

NFL players are kneeling, standing, sitting maybe, and probably laying down at times. Perhaps they are protesting police killings, or maybe they hate America, and some of them are very patriotic and do or do not support Donald Trump. I don’t know. Who cares?How many headlines has this stupid manufactured controversy taken up? How many arguments and fights have ensued? Do people even know wha...Read More

NFL players are kneeling, standing, sitting maybe, and probably laying down at times. Perhaps they are protesting police killings, or maybe they hate America, and some of them are very patriotic and do or do not support Donald Trump. I don’t know. Who cares?How many headlines has this stupid manufactured controversy taken up? How many arguments and fights have ensued? Do people even know wha...Read More

The Dow Jones Industrial Average (DJIA) jumped out of the gate, but lost steam as the session progressed, eventually ending modestly lower. Aside from ongoing North Korea jitters, traders digested disappointing consumer confidence and housing data, and an afternoon speech from Fed Chair Janet Yellen. In her remarks, Yellen said the central bank may have overestimated the strength of the labor mar...Read More

Amazon.com, Inc. (NASDAQ:AMZN) pulled back on Monday, as part of a broader tech-sell off. The e-commerce giant, which is reportedly entering the smart glasses industry, has not closed north of the $1,000 per-share level since July 28. However, if past is precedent, AMZN stock could be headed back above this key millennium mark in the final three months of 2017. Below, we'll take a closer look...Read More

U.S. stocks are trading cautiously higher this afternoon, as the Dow attempts to bounce back from a three-day losing streak. Among the names in the spotlight today are beleaguered credit agency Equifax Inc. (NYSE:EFX), apparel retailer L Brands Inc (NYSE:LB), and biopharmaceutical company PTC Therapeutics, Inc. (NASDAQ:PTCT). Here's a quick look at what is moving shares of EFX, LB, and PTCT.E...Read More

Microsoft Corporation (NASDAQ:MSFT) has been charting a path steadily higher over the past 12 months, up nearly 29%. Today, the stock is trading up 0.2% at $73.40, not far from its Sept. 18 record high of $75.97. Since then, the Dow stock has pulled back to their 40-day moving average -- a trendline that has served as a springboard over the last year. If past is precedent, MSFT could take aim at n...Read More

We've been keeping a close eye on the struggles of Apple Inc. (NASDAQ:AAPL) stock since the company's Sept. 12 product unveil. Since their Sept. 11 close of $161.50, AAPL shares have shed 5.4% to trade at $152.74, performing even worse than normal in September. If that wasn't bad enough, our market research recently discovered two warning signs for the iPhone maker, if history should repeat. AA...Read More

It's been a great quarter for the S&P 500 Index (SPX), which popped above 2,500 for the first time ever. The third quarter has also been kind to the Dow Jones Industrial Average (DJIA), which touched a record high as recently as Thursday, Sept. 21. Both indexes are set for an eighth straight quarter in the black, with the SPX and DJIA pacing for gains of 3.3% and 4.7%, respectively. Below, we take...Read More

The ROBO Global Robotics & Automation ETF (ROBO) still maintains a pretty low profile with investors, despite racking up a banner 2017. ROBO shares have gained about 34% year-to-date, and the fund -- which started trading in October 2013 -- topped $1 billion in assets under management in early August. The fund's ascent has been supported by massive inflows; per etf.com, ROBO's AUM ballooned by 738...Read More

FAANG stocks sold off on Monday, with shares of Facebook Inc (NASDAQ:FB) shedding 4.5% -- their biggest one-day percentage loss since Nov. 3. With FB reacting to Mark Zuckerberg's scrapped plans for a new class of stock , the shares had lost roughly $26 billion in market cap at their intraday low. And while it's still too early to tell, the equity is pacing for its worst week since December, even...Read More

Last month we featured Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) and Regeneron Pharmaceuticals Inc (NASDAQ:REGN) as two stocks to watch in September, as both biotechs historically outperformed for the month. However, they've so far bucked this trend, underperforming since the end of August, ready to close September in the red. On the other hand, data suggests ALXN and REGN could both redeem...Read More

The Dow Jones Industrial Average (DJIA) is higher at midday, as markets attempt to rebound from a three-day losing streak. However, the Dow is well off its intraday highs, and the S&P 500 Index (SPX) and Nasdaq Composite (COMP) briefly turned negative, amid re-emerging concerns about North Korea. Meanwhile, traders are digesting a surprise drop in new home sales, which fell to an eight-month low...Read More

Analysts are weighing in on software firm Red Hat Inc (NYSE:RHT), biopharmaceutical company ProQR Therapeutics NV (NASDAQ:PRQR), and Israeli tech concern Tower Semiconductor Ltd. (NASDAQ:TSEM). Here's a quick roundup of today's bullish brokerage notes on shares of RHT, PRQR, and TSEM. Red Hat Gaps Higher on Earnings, GuidanceRed Hat received no fewer than 10 price-target raises after reporting bet...Read More

Analysts are weighing in on bank stock JPMorgan Chase & Co. (NYSE:JPM), restaurant chain Cheesecake Factory Inc (NASDAQ:CAKE), and biotech Genocea Biosciences Inc (NASDAQ:GNCA). Here's a quick roundup of today's bearish brokerage notes on shares of JPM, CAKE, and GNCA.Deutsche Bank Downgrades JPMorgan ChaseDeutsche Bank downgraded JPMorgan Chase to "hold" from "buy," saying the Fed's plan to g...Read More

Stocks appear to be stabilizing following yesterday's risk-off session. Among specific stocks in focus today are semiconductor name NVIDIA Corporation (NASDAQ:NVDA), Ann Taylor parent Ascena Retail Group Inc (NASDAQ:ASNA), and biotech Axovant Sciences Ltd (NASDAQ:AXON). Here's a closer look at what's moving shares of NVDA, ASNA, and AXON. China AI Push Lifts NVIDIA StockShares of NVIDIA are a...Read More