Buy Gold, Sell Stocks Is the Trade of Century is our latest weekly perspective. Watch this video on Buy Gold, Sell Stocks Is the Trade of CenturyThe "trade of the century" is to buy gold and sell stocks as risk assets are due for another meltdown.It's only a matter of time until the bearish bet pays off big, according to Crescat Capital LLC. While the Denver-based firm has only about $50 million...Read More

BBBY shorts may be using calls to guard against any more upside riskThe shares of Bed Bath & Beyond Inc. (NASDAQ:BBBY) are soaring today, after the Wall Street Journal said three activist investors -- Legion Partners Asset Management, Macellum Advisors, and Ancora Advisors -- are preparing to launch a proxy fight against the retailer's board of directors. The investor group, which collectively own...Read More

The stock has regained its footing on the charts after last December's bear gapAfter a tumultuous ending to 2018, blue chip Johnson & Johnson (NYSE:JNJ) appears to be on solid technical footing once again. The shares are currently trading just above the 40- and 160-day moving averages, along with a 61.8% Fibonacci retracement of their huge December bear gap. On top of this rosy technical picture,...Read More

NVDA has gained 45% since its late-December bottomNvidia Corporation (NASDAQ:NVDA) stock is up 4% to trade at $180.79, afterPiper Jaffray initiated coverage on the chipmaker withan "overweight" rating and $200 price target. The analyst in coverage sees Nvidia trading at an attractive level thanks to its market positioning with data centers and automotives, as well as the recent Mellanox acquisiti...Read More

Cronos reported its fourth-quarter results this morningThe shares of Cronos Group Inc (NASDAQ:CRON) are 1.7% lower at $20.18 this morning, after the cannabis concern posted a wider-than-expected fourth-quarter loss. Revenue also missed the consensus forecast, even as it soared 248% year-over-year. CRON stock hit an all-time-high of $25.10 in early February, and came back within striking distance...Read More

Short sellers are temporarily blocked from one of their recent favorite targetsShares of Conn's Inc (NASDAQ:CONN) have reversed their premarket gains, last seen down 6.3% at $22.36, after the company reported a fourth-quarter earnings beat, but fell short of revenue expectations as same-store sales declined 1.4% for the period. Today's post-earnings plunge has CONN stock retreating from a test of...Read More

Investors are keen for updates to U.S.-China trade talksDow Jones Industrial Average (DJI) futures are trading above fair value today, following Monday's hard-fought win for the blue-chip barometer. A double-dose of news has investors optimistic today. First, the yield on the 10-year Treasury note has stabilized near 2.4%, after the yield curve inversion last week incited panic selling. Second,hi...Read More

The Nasdaq-100 Index just bumped into an under-the-radar round numberRegular followers of our technical analysis are well aware that we tend to favor "under the radar" indicators -- say, the 320-day moving average over the 200-day, or the Relative Momentum Index (RMI) over the Relative Strength Index (RSI). By incorporating these less-popular metrics into our chart studies alongside the "usual sus...Read More

James Hyerczyk19 hours ago (Mar 26, 2019 6:00 AM GMT)Gold futures finished higher last week, supported by a steep drop in Treasury yields, a weaker U.S. Dollar and a drop in demand for higher risk assets. A dovish Fed was primarily responsible for the strength in gold. It fueled a rally when it decided to leave interest rates unchanged, pause further rate hikes in 2019 and slash its growth forecas...Read More

Currencies remain stuck in the mud...  Gold gains yesterday and gives back its gains today... UGH!  Good Day.. And a Tom Terrific Tuesday to you! Well, day one back in the saddle was OK, but getting up this morning was another story! I might as well, have rolled over and gone back to sleep, for there isn’t, once again, much movement in the currencies or metals… UGH! It...Read More

Published 23 Hours AgoUpdated6 Hours AgoReuters Edgar Su | ReutersGold retreated on Tuesday from more than three-week highs in the previous session after the dollar rebounded and risk appetite and bond yields recovered as fears eased about a possible U.S. recession.Spot gold was down 0.36 percent at $1,316.99 per ounce as of 2:30 p.m. EST, after hitting its highest since Feb. 28 at $1,324.33 on M...Read More

Norsk Hydro's Alunorte alumina refinery, located in Brazil's northern state of Par??, is expected to operate at 75-80% of its capacity two months after the receipt of approval from the Brazilian federal court in Bel?(C)m, Norsk Hydro Brazil's executive vice president of bauxite and alumina said.According to John Thuestad, this approval, which will be debated at an April 4 meeting between Hydro and...Read More

A summary of base metals premiums from across the globe for the week to Tuesday March 26.Please click...Read More

Investing.com - Gold prices traded lower on Tuesday in Asia after hitting a one-month high the previous day.Gold futures traded on the Comex division of the New York Mercantile Exchange were down $5.05, or 0.4%, at $1,323.95 per ounce by 1:40 AM ET (05:40 GMT).The fall in gold prices came as stock markets and other risky assets recovered from a tumble on Monday.The precious metal received support...Read More

   •  Improving risk-sentiment prompts some profit-taking during the Asian session.   •  Subdued USD price action lends some support and might help limit the downside. Gold witnessed some profit-taking move on Tuesday and eroded a part of the previous session's strong up-move to near one-month tops. The overnight uptick was supported by an inversion of t...Read More

Nickel's three-month price on the London Metal Exchange was higher at the close of trading on Tuesday March 26, at $13,105 per tonne, with dip-buying emerging despite continued strength in the US dollar index. The US dollar index was just under the psychological level of 97. Total LME nickel stocks remain at their lowest level in seven years at 183,582 tonnes, with just 116,292 tonnes on-warr...Read More

There are some very solid reasons to add gold to your portfolio today in order to protect your wealth.The Federal government's financial position continues to deteriorate and will likely not improve anytime soon.There are policymakers actively talking about MMT, an economic theory that gives the State license to print money.In reality, this will cause the value of the U.S. dollar to decline du...Read More

The London Metal Exchange has announced a six-month suspension of listing fees for new cobalt brands on the exchange in a note to members on Tuesday March 26, amid emerging liquidity concerns from producers."[A] number of cobalt producers have indicated a desire to list their brand on the LME," the exchange said in the note, "but have expressed concerns that, in the event that the 'user choice' mo...Read More

Here are five Fastmarkets MB stories you might have missed on Tuesday March 26 that are worth another look.The London Metal Exchange has announced a six-month suspension of listing fees for new cobalt brands on the exchange in a note to members on Tuesday March 26 amid emerging liquidity concerns from producers. There are no concerns surrounding the availability of bauxite to meet ongoin...Read More

Fears of US recession, sluggish data and Brexit uncertainty please safe-haven buyers. $1320 acts as immediate resistance with $1308 likely being nearby support. Gold prices are on bid around $1316 during early Monday. The yellow metal recently benefited as global markets turned risk-off moves after sluggish data from the US flashed a sign of recession for the world’s largest economy. Addin...Read More