Take advantage of the first amendment, and participate in a nation-wide poll.With the 2020 election growing ever closer, the country continues to be divided politically.From disputes about the appropriateness of displaying the Confederate flag, to rights for minorities, and the ever-growing concern about security at the U.S. border, the 2020 election promises to be contentious... if not the most c...Read More
A number of analysts have weighed in on ADBE this morningThe shares of Adobe Inc (NASDAQ:ADBE) are struggling today, down 5.2% to trade at $253.78, after the software company's current-quarter forecast came in below analyst estimates. The firm did, however, report fiscal first-quarter earnings and revenue that exceeded expectations, thanks to growth in its digital media business. Analysts have...Read More
The headset maker is headed toward its worst day since January 2018The shares of Turtle Beach Corp (NASDAQ:HEAR) are sinking this morning, after the headset maker said it expects current-quarter adjusted earnings to arrive below the consensus estimate. The company also said it was purchasing high-end computer accessories firm Roccat. This is offsetting fourth-quarter earnings and revenue beats, wi...Read More
Chinese finished steel exports decreased in February on both a yearly and a month-on-month basis amid uncompetitive prices and fewer working days as a result of the Chinese Lunar New Year holiday.The country shipped 4.51 million tonnes of finished steel out of the country last month, down 7% from the 4.85 million tonnes exported in February 2018, according to preliminary Chinese customs data...Read More
New coverage was initiated on AMGN and GILDBrokerage firm BMO just began coverage on Amgen, Inc. (NASDAQ:AMGN) and Gilead Sciences, Inc. (NASDAQ:GILD), expecting major upside from both stocks. Let's take a closer look at the bull notes, along with other notable options data on AMGN and GILD shares. For AMGN, BMO issued an "outperform" rating and $228 price target. This represents all-time-high ter...Read More
Today is quadruple witching FridayDow Jones Industrial Average (DJI) futures are more than 130 points above fair value this morning, thanks to encouraging U.S-China trade developments. More specifically, following yesterday's reports the two countries postponed a high-level trade meeting originally slated for later this month, Chinese Premier Li Keqiang expressed optimism that a deal will be done...Read More
Aluminium billet premiums in Europe and the United States moved lower on Friday March 15 due to continued weak demand, and the market remained quiet elsewhere. Italian premium drops 4.5%. Long term contracts dominate Brazilian market. US spot market remains quiet. Asia yet to see Russian units. Aluminium billet in Germany continues slide; premiums down throughout EuropePoor fundamentals and b...Read More
Gold seems to be creating the right shoulder of the bearish head-and-shoulders pattern and could drop below the neckline supportconfirming a bearish reversal if the Fed sounds less dovish-than-expected. The yellow metal is currently trading at $1,301, having clocked a high and low of $1,306 and $1,294 earlier today. The 4-hour chart shows the metal's attempt to re-enter the flag ha...Read More
Artificial intelligence may revolutionize trading.Sometimes watching the market can feel like riding a roller coaster.Many investors feel glued to the news, watching the market rise and fall hundreds of points, day after day, week after week.But savvy traders know these market conditions mean huge profit potential for anyone that knows how to trade them.And one "secret" that more and more traders...Read More
The Brexit battle is helping to boost gold's near-term prospects.Euro and pound currency strength is stimulating overseas gold demand.U.S. dollar is also weakening, removing gold's biggest rally obstacle.After yet another setback for Britain's exit from the European Union, the euro currency has staged a rally in recent days. This has been extremely beneficial for the gold price, as we'll s...Read More
Global scrap prices mostly trended upward during the working week from Monday March 11 to Friday March 15, with the exception of prices in Turkey, where lackluster sales of finished steel products limited buying activity during the week. Lackluster finished steel sales in Turkey limit scrap buying US export prices up on bulk sale to Turkey Northern Vietnam mills still hungry for scrap Mixed sentim...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 205,250126,43175,211192,029300,503472,490502,145 Change from Prior Reporting Period 2,62211,82115,48136,29730,77454,40058,076 Traders 19867845056283176 Small Speculators LongShortOpen Interest 57,54027,885530,030 4,31964358,719 non reportable positionsCha...Read More
The major gold miners are grinding higher in a solid upleg, fueling growing interest in this small contrarian sector. They've mostly finished reporting their fourth-quarter results, revealing how they are really faring fundamentally. Collectively the world's biggest gold miners continue to face serious challenges, which often stem from declining production. That makes stock picking more im...Read More
CEO Kenneth Lewis & Chris Waltzek Ph.D. - Download interview -- MP3 fileHighlightsLIMITED OFFER - FREE $5 IN ONEGOLD DIGITAL BLOCKCHAIN EXCLUSIVELY TO GOLDSEEK.COM PATRONS! (Remember to say Goldseek Radio sent you!)ONEGOLD Inc. holds physical gold and silver metals at the Royal Canadian Mint through our friends at APMEX and Sprott. CEO of APMEX and founder of ONEGOLD Inc., Kenneth Lewis return...Read More
Last week I was pleased to attend the Prospectors & Developers Association of Canada (PDAC) conference in Toronto. PDAC is one of the largest mining conferences in the world. More than 25,000 people turned out this year, many of them selling equipment services, exhibiting securities and investments, making presentations and much more. As was the case at the BMO Global Metals & Mining Confe...Read More
By: IRA EPSTEINPrecious Metals Update Video: Gold market is having a problem... biased is down as trend is up:Read More
By Avi GilburtWe are often directed to think that the market reacts in the same manner as Newtonian physics. We believe that a news event which accompanies a market move was certainly the "cause" of that market move. But, how often have we seen markets react in the exact opposite manner in which the substance of the news event suggests?While science has moved away from Newtonian physics, stock m...Read More
Face it, this monster could veer wildly in either direction right now, and even an Einstein could not confidently predict which. My heart's desire is to see the S&Ps plunge into the molten pit of hell by summer. The 2313.00 target shown suggests that, at least from a technical standpoint, this is possible. Presumably, the years-overdue collapse would drive out the crooks who have rigged shares...Read More
The price of gold has flattened and weakened over the last few weeks.Since the uncertainty over the tariff negotiations has ebbed quite a bit, volatility in the gold market has decreased.So where does gold go from here, and what factors are likely to influence the price of the precious metal?By Scott Bauer At a Glance Four factors are moving the precious metal far more than China/U.S. tensions....Read More
The oil bull still managed to score another day of gains yesterday. A meager advance but still an advance, one could say. And be forgiven, as they would not have had examined the full picture. Are we just teasing you now? Come on, there can't be possibly more to the story... There is. The scenario that we wrote about exactly to the day two weeks ago, has come to fruition. The implications are far-...Read More