"While we greatly, greatly respect the right of people to protest, there should not be protests taking place in the middle of a pandemic by gathering outside and putting people at risk."Continue...Read More

What we have is the government criminals shutting down the economy, causing financial assets to collapse. Politicians are bailing out the criminals in the financial system who have been Continue...Read More

Texas is back in business, well sort of.You can open the doors, but you can't force anyone to go through them. Continue...Read More

Prices in Southeast Asia's steel billet market climbed over the past week due to surging demand from Chinese importers, sources told Fastmarkets.Fastmarkets' daily price assessment for steel billet, import, cfr Southeast Asia, which mainly looks at 120-150mm 5sp grade billet sold into the Philippines, was $370-375 per tonne on Friday May 8, up by $5 per tonne from $365-370 per tonne on May 6.Befor...Read More

Beginning on March 24 of this year, Larry Kudlow, the White House Economic Advisor, began to roll out the most deviously designed bailout of Wall Street in the history of America. After the Continue...Read More

"It is disappointing that several months into the pandemic, we do not yet have results" from any strict tests of the drug, they wrote. Still, the new study "suggests that this treatment is not a panacea."Continue...Read More

The world economy is entering an "inflationary depression" as it emerges from coronavirus lockdowns, with government spending propping up demand even as unemployment soars, according to historian Continue...Read More

We believe the upside rally in both Gold and Silver recently is a very good indication that the sideways price channel that has plagued precious Continue...Read More

Member mills of the China Iron & Steel Association (Cisa) raised their production rates in late April on steady demand and healthy profits, according to data released on Friday May 8.April 21-30 outputCrude steel: 2.01 million tonnes per day, up by 3.1%Finished steel: 2.04 million tpd, up...Read More

Investors cheered reopening announcements and brushed off better-than-expected jobs dataIt was another day of massive gains for the major indexes today, with the Dow snatching up a roughly 455 point win, as investors wax optimistic that the worst of the coronavirus crash is in the rear view. This sentiment managed to plow right over another devastating round of employment data. Reopening announce...Read More

The Nasdaq reclaimed its year-to-date breakeven earlier this weekIn what's become the new normal, it was a hectic week on Wall Street. The Dow Jones Industrial Average (DJI), the S&P 500 Index (SPX) and the Nasdaq Composite (IXIC) are all cruising toward sizable weekly wins, but not without some drama. Lockdown leniency gave stocks an early-week boost, but dismal unemployment numbers kept gains i...Read More

Coty will step into the earnings confessional before the market opens on MondayThe shares of cosmetics concern Coty Inc (NYSE:COTY) are up 4.3% today, last seen trading at $5.14, ahead of the company's first-quarter earnings report,due out before the open on Monday, May 11. Below, we'll take a more in depth look at the company's earnings history, and why it's all up in the air for COTY.On the ch...Read More

ZG announced better-than-expected earnings and revenueThe shares of Zillow Group Inc (NASDAQ:ZG) are soaring today, up 15.8% to trade at $55.79, after the real estate service announced a better-than-expected first-quarter report. Following the news, no fewer than six analysts raised their price targets, the highest coming from Benchmark to $63. Looking ahead, the company plans to utilize technolog...Read More

The Dow is up over 365 points middayThe Dow Jones Industrial Average (DJI) is up over 365 points midday, as hopes of the economy reopening and upbeat U.S.-China trade buzz ward off dismal economic data. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are also in the black, shaking off the 20.5 million jobs lost in April due to COVID-19 -- the highest rise in unemployment since post-World War...Read More

BKNG reported lower-than-expected profitsThe shares of Booking Holdings Inc (NASDAQ:BKNG) are down 2.7% to trade at $1,405.41 after the company reported a lower-than-expected first-quarter profit, citing the rapid decrease in domestic travel. However, the company did announce higher-than-expected revenue. Following the report, no fewer than three price-target raises have surfaced, including one fr...Read More

Ford announced plans to restart production and operation in North American this monthThe shares of Ford Motor Company (NYSE:F) are up 2.6% to trade at$5 this morning, after the automaker announced plans to start phasing in production and operations in North America, beginning May 18. Ford said it would bring back some employees whose jobs cannot be done remotely on that date, while staggering th...Read More

General Motors is eyeing its fourth straight winThe shares of General Motors Company (NYSE:GM) have been in rally mode this week, helped along by a well-received quarterly earnings report on Wednesday, and with the carmaker back in the spotlight today, it looks like GM isn't slowing down. The stock is up 2% at $22.89, after the firm priced a new debt offering totaling $4 billion. This offering con...Read More

Both Gold and Silver Futures have been struggling to rallyabove recent high levels since the start of the global stock market collapserelated to the COVID-19 virus event. Yet, the Junior Gold Miners appear to be telling us the Precious Metalsmarket is boiling hot.Gold, the bell-weather safe-haven asset, initially collapsedwhen the US stock market started the massive selloff in late February 2...Read More

U.S.-China trade rhetoric could be propping up Wall StreetDow Jones Industrial Average (DJI) futures are looking to close the week out on a positive note. Wall Street is so far brushing off the Labor Department's non-farms payroll report that showed 20.5 million jobs were lost in April due to the COVID-19 pandemic -- sending the unemployment rate to 14.7% -- its highest spike in the post-World W...Read More

Automotive production in Brazil, Mexico and Argentina neared zero in April due to massive shutdowns stemming from the Covid-19 pandemic, affecting steel and scrap markets in each country.BrazilProduction in Brazil hit a record low of only 1,800 units, according to data released by national auto association Anfavea on Friday May 8, a decline of 99.3% from 267,600 units in April 2019."Carm...Read More