President Nicol??s Maduro said Monday that his government had stopped a "terrorist" assault on the country, killing eight and capturing more than a Continue...Read More

There is a lot of conflicting information about Sweden. Some claim that "open" Sweden has no higher infection and death rates than its neighbors, a claim contradicted by this report: Continue...Read More

On a per capita basis, Sweden's Covid-19 deaths are 3 to 5.5 times the other Nordic countries.Continue...Read More

At one time it was the pride of American law enforcement, a symbol of integrity, honesty and incredible courage under fire. But now when we think of the FBI in "action," we think of Continue...Read More

Gold Stocks could be at a tricky juncture. They have already made significant gains, yet history, coupled with the current bullish conditions, suggests more gains coming and Continue...Read More

The restarting of some gold refiners will help to bring the 'spot' price of gold toContinue...Read More

"I think in general they're the right thing, but I don't think they're without consequences, and I think they could be of extreme consequences if pushed far enough. But there would be kind of extreme consequences if we didn't do it as well."Continue...Read More

High-carbon ferro-chrome traded in a wider range last week as market participants weighed the impact of a near-term pick-up in demand against the longer-term impact of Covid-19 on the alloys markets. The price spread for high-carbon ferro-chrome in Europe widened by a couple of cents per lb to $0.17 per lb in the week ended Friday May 1. Fastmarkets' price assessment for ferro-chrome high carbon 6...Read More

Here are five Fastmarkets stories you might have missed on Wednesday May 6 that are worth another look.Mining operations at Anglo American's Grosvenor coal mine in Queensland, Australia, have been suspended following an incident on the afternoon of Wednesday May 6, which led to its evacuation.Stainless steel prices in China were largely unchanged in the week to May 6, with market participants in t...Read More

A summary of stainless steel producer Outokumpu's results for the first quarter of 2020. In brief  Sales and deliveries decreased year on year because of the coronavirus pandemic and its effect on the market.  Earnings before interest, taxes, depreciation and amortization (Ebitda) for the quarter increased on an annual comparison because...Read More

Prices for hollow steel sections in Europe were unchanged this week because trading remained flat despite mill restarts and the easing of some Covid-19-related lockdown restrictions, sources told Fastmarkets on Wednesday May 6.Fastmarkets' weekly price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?580-595 ($630-647) per tonne on Wednesday, unchanged week on we...Read More

The Dow slipped almost 200 points in late-day tradingAfter a tepid day of trading, the Dow wound up closing over 200 points below breakeven, as investors weighed the good -- a potential reopening of the U.S. economy -- with the bad -- dismal private-sector payrolls data and a lackluster post-earnings reaction from Disney (DIS). The S&P 500 joined the Dow in the red, while Nasdaq wound up with a mo...Read More

The July 5 strike is running the show todayHospitalsare a hot-button issue amid the coronavirus outbreak and the gradual re-opening of the economy.Piper Sandler yesterday identified hospital operators HCA Healthcare Inc (HCA) and Tenet Healthcare Corp (THC) as two names best equipped to withstand any sector uncertainty. Left off the list was Community Health Systems (NYSE:CYH), but that hasn't...Read More

Microsoft just unveiled its $399 Surface Go 2, and its Surface EarbudsMicrosoft Corporation (NASDAQ:MSFT) has been on a roll lately, undoubtedly helped along by its late-April earnings report, with more technical support emerging at its 20-day moving average. The security is extending those gains into today, up 1.4% at $183.33, at last check, and pacing for its third consecutive win. Today's pop c...Read More

The Nasdaq is getting a boost from big tech stocksThe Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) are hovering right below the line of breakeven today, as Walt Disney's (DIS) lackluster earnings and a disappointing jobs report weigh. The tech-heavy Nasdaq Composite (IXIC), however, is seeing higher gains thanks to FAANG stocks -- though any gains across the board have been encroac...Read More

BMW has restarted vehicle production at some of its sites in Europe and the UK this week, while other locations would make similar moves next week, the company confirmed to Fastmarkets on Wednesday May 6.In late April 2020, the BMW Group began a staggered approach to restarts at its production locations, it said, with plant ramp-ups oriented toward the market. The exact dates for restarts would de...Read More

Piper Sandler raised its price target to $40 while Stifel cut its estimate to $35The shares of Vornado Realty Trust (NYSE:VNO) are down 5.2% to trade at $36.81 as even more analysts weigh in on its May 4, first-quarter report in which the real estate investment trust (REIT) posted an earnings miss, but revenue that exceeded Wall Street's estimates. Specifically, Stifel cut its price target to $35...Read More

Papa John's withdrew its 2020 guidance, tooThe sharesPapa John's International Inc. (NASDAQ:PZZA) are down 2.6% at $74.20 this morning, just one day after hitting a three-year high of $76.21, as investors comb over the pizza delivery specialists' latest quarterly report. The firm posted first-quarter earnings of 41 cents per share, coming in higher than Wall Street's 39 cents per share estimate, t...Read More

Beyond Meat's profits and revenue beat out Wall Street's estimatesThe shares of Beyond Meat Inc (NASDAQ:BYND) are up 12.5% to trade at$112.42 this morning, after the plant-based meat substitute manufacturer reported first-quarter earnings of 3 cents per share on revenue of $97.07 billion, both of which beat out Wall Street's estimates. While the company suspended its 2020 guidance, expansion in...Read More

By: Gary SavageThe $SPX daily cycle low hit? Hard to tell but the 200-DMA resistance zone is..https://blog.smartmoneytrackerpremium.com/Read More