By: Craig HemkeThe battle continued in 2019, and rarely has the disparity been this sharp.And what do we mean?Well, on one hand, you have real physical gold. This is gold that you store yourself or at a trusted vaulting company. This is gold that you can actually hold in your hands. This is the gold that is demanded at record levels by central banks around the globe.On the other hand, we have pr...Read More

- Stewart Thomson, Graceland Updates 1. For the past few years, I've been suggesting that the world's ultra-wealthy investors have been buying enormous quantities of physical gold at a rate that overwhelms the commercial trader shorting on the COMEX.2. Please click here now. RT News highlights a wonderful chart produced by Goldman Sachs, and it likely proves that my theory is 100% cor...Read More

By: Ira EpsteinGold found support around $1,540. Pattern still bearish short-term, needs to get above $1,570. 18-DMA around $1538:Read More

On the face of it, the so called trade US-China trade deal looks a sham just to fool the voters. US treasury secretary has said that trade tariff's with China will be there until the second phase of the trade agreement. Trump's biggest vote bank is farming states. Energy companies have a history of funding Republicans. Chinese will be buying very large quantities to American farm produce and Ame...Read More

Hollow steel sections prices in Europe moved up this week, following increases from producers, market sources told Fastmarkets on Wednesday January 15.Fastmarkets' weekly price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?600-630 ($668-701) per tonne on Wednesday, up from ?,?590-600 per tonne one week previously.Various section producers have created new pric...Read More

Turkish steel producers continued to hold back from the deep-sea scrap markets in an attempt to push down prices while they struggled with weak demand and values for finished rebar, sources said on Wednesday January 15.The country's steel producers went through last week with only one deep-sea cargo bought, when a steel mill in the Marmara region booked a European cargo at an average price of $300...Read More

The seaborne iron ore index was rangebound on Wednesday January 15 amid tepid demand from steelmakers in China.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $96.44 per tonne, down $0.59 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $95.48 per tonne, down $0.59 per tonne.62% Fe low-alumina fines, cfr Qingdao: $97.11 per tonne, down $0.42 per tonne.58% Fe fines high-premium, cfr Qingda...Read More

The Chinese steelmaking industry will focus on six key areas in 2020 to maintain its structured and orderly development, China Iron & Steel Association (Cisa) chairman Gao Xiangming said in a speech at a conference last weekend.These are meant to round out the final year of China's 13th Five-Year Plan and contribute to the stable growth and reform of the Chinese economy.1. Maintain stable, efficie...Read More

China's domestic rebar market was flat on Wednesday January 15 amid inactivity, though export prices moved up further on a continued strengthening of the yuan. Eastern China (Shanghai): 3,640-3,670 yuan ($528-532) per tonne, unchangedNorthern China (Beijing): 3,540-3,560 yuan per tonne, unchangedBuyers have either suspended their business activity ahead of next week's Chinese New Year holiday or l...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday January 15. Key drivers  The prices of ferro-titanium and titanium scrap markets were steady in the second week of January, a level it has maintained since December 18.  Alloy suppliers achieved higher prices in the United Kingdom compared with deals done lower in the current range in continental Europe, although trading a...Read More

UnitedHealth (UNH) was a big post-earnings winner todayThe Dow locked up a solid win -- and fresh record intraday high -- after the U.S. and China made the "phase one" trade deal official. It was the blue-chip index's third straight win, with UnitedHealth (UNH) a big earnings winner today. The S&P 500 and Nasdaq both hit new record highs, as well. Although the text of the trade deal is yet to be r...Read More

According to eMarketer, Pinterest is now the third-largest social media platform Social media name Pinterest Inc (NYSE:PINS) is surging today, pacing for a second straight day of big gains after research firm eMarketer unveiled data that showed PINS U.S. user base surpassed Snap's (SNAP) Snapchat last year, making it the third largest social media platform. The data also showed the online scrapboo...Read More

The Dow managed to bounce back after slipping below the breakeven this morningThe Dow Jones Industrial Average (DJI) initially slipped out of the gate on concerning comments from Treasury Secretary Steven Mnuchin. The blue-chip index has since bounced back to hit a record high, with the trade deal signing currently underway. Comments from National Economic Council Director Larry Kudlow that U.S....Read More

A short squeeze could keep the upside goingOne of the best stocks on the New York Stock Exchange (NYSE) this morning is Shake Shack Inc (NYSE:SHAK). SHAK is up 9.6% to trade at $70.16, on track for its best day since Aug. 6. Although the catalyst is unclear, Goldman Sachs did weigh in on the company's exclusive partnership with GrubHub (GRUB), predicting an 80% rally from its current levels. What...Read More

Analysts are surrounding JPM with price-target hikes todayKeeping up with this week's theme of bank stocks, JPMorgan Chase & Co. (NYSE:JPM) is back in headlines just one day after sharing an upbeat quarterly report. After the close yesterday and first thing this morning, JPM has received no fewer than seven price-target hikes, including one to $151 from $146 at Jefferies, and to $150 from $148 at...Read More

Puts have been popular for some time nowOne of the worst stocks on the New York Stock Exchange (NYSE) today is Target Corporation (NYSE:TGT), down 6.3% to trade at $117.34. The retailer's holiday sales figures of 1.4% came in drastically lower than last year's 5.7% growth, with underperformance in the electronics, toys, and home products areas. Target stock hit a record high of $130.24 on Dec. 20...Read More

Goldman Sachs and Bank of America both reported earnings beatsU.S. stock futures are sitting below fair value this morning, as Wall Street awaits the official signing of a "phase one" trade deal between the U.S. and China. Ahead of the 11:30 a.m. ET signing, there remains some tension between the countries, especially after Treasury Secretary Steven Mnuchin said this morning that tariffs between...Read More

The FDA just granted the stock's advanced prostate cancer treatment priority review statusThe shares of health care name Clovis Oncology Inc (NASDAQ:CLVS) are surging in electronic trading, following news the U.S. Food and Drug Administration (FDA) granted priority review status to its Rubraca therapy in patients with advanced prostate cancer. The stock is up 26.5% ahead of the bell, set to pop ba...Read More

This, the second part of our Silver research article suggesting Silver may be forming a massive price base in preparation for an explosive upside move, will continue from Part I of this research series.Our research team believes Silver is setting up in a price pattern that may already be “ripe” for an explosive upside move.  Our researchers have poured over the data and believe th...Read More

BYND has had a volatile 2020 so farVeggie burger maker Beyond Meat Inc (NASDAQ:BYND) is down 4.1% this morning to trade at $112.20, after receiving a downgrade to "market perform" from "outperform" at Bernstein. The analyst slam comes on the heels of Beyond Meat's announcement it has entered into a multi-year pea protein supply deal with Roquette Fr??res. Bernstein analyst Alexia Howard said the...Read More