A long-term bull signal just flashed for IONS, which could point to more upside on the charts Biotech concern Ionis Pharmaceuticals Inc (NASDAQ:IONS) is cooling off, along with the broader market, just one day after the well-received release of its mid-stage study for AKCEA-APOCII-LRx in patients with cardiovascular disease sent the stock soaring, before running out of steam at familiar resistance...Read More

LONDON, 8 January 2020 - BullionVault's latest customer survey opens a report on the outlook for gold investing from The Daily Telegraph, the UK's best-selling broadsheet newspaper.Noting that gold prices have already risen this New Year, "Four in five gold buyers believe this can continue and investing in the metal will beat stocks," says The Telegraph online, quoting BullionVault."Most predicted...Read More

Samancor Chrome plans to reduce annual chrome ore and ferro-chrome production by 29% and 20% respectively due to poor market conditions, it said on Thursday January 23. South Africa's largest ferro-chrome producer provided the update days after confirming proposals to restructure and retrench staff at its mining and smelting operations. It had also warned in December that production cuts were...Read More

Yum China stock is one name seeing coronavirus effectsThe Dow Jones Industrial Average (DJI) is down sharply today as investors consider the latest batch of corporate earnings. On top of the reports received from blue chips, there's also VF Corp's (VFC) results, which have the retail stock as the worst S&P 500 Index (SPX) member today, while a number of China-exposed stocks are getting hit due to...Read More

LONDON, 7 January 2020 - Comment from BullionVault today leads the latest gold-price report from MarketWatch, the financial news and data site from the Dow Jones group of companies."The latest spike in gold prices is being driven by the sudden escalation in US-Iran tensions, which is hitting world stock markets and leading investors to seek shelter," MarketWatch quotes Adrian Ash, director of rese...Read More

Nektar has struggled to gain momentum since its early August sell-offBiopharmaceutical stock Nektar Therapeutics (NASDAQ:NKTR) is down 0.5% this afternoon, last seen at $22.02. NKTR has recently struggled to gain momentum, but earlier this month touched its highest intraday mark since an early August post-earnings sell-off. Today's drop may be short-lived, however, as data from Schaeffer's Senior...Read More

Several big blue-chip and FAANG names will enter the earnings confessionalNext week is absolutely brimming with activity, both on the earnings and economic fronts. On top of that, the Federal Open Market Committee's (FOMC) two-day meeting will commence on Tuesday, with a policy announcement and a press conference from Fed Chair Jerome Powell wrapping up the market-moving activities on Wednesday. E...Read More

LONDON, 7 January 2020 - Comment from BullionVault today leads a report on the New Year surge in gold prices from UK personal finance magazine MoneyWise."Like bullion prices," the article quotes Adrian Ash, director of research at BullionVault, "underlying demand for gold had already turned higher in 2019, most especially among investors in the Eurozone."Read Adrian's full comment in the Moneywise...Read More

APH put options have been popularElectronics stock Amphenol Corporation (NYSE:APH) is trading down 0.7% at $105.88, following the company's fourth-quarter earnings release. While the fiber optics maker reported a top- and bottom-line beat, a more cautious outlook is weighing on the shares. There's even been bullish analyst attention, with Evercore ISI raising its price target to $120 from $108, an...Read More

LONDON, 5 January 2020 - BullionVault's latest customer survey this morning leads a double-page spread about gold's 2020 outlook published in today's Mail on Sunday, the UK's best-selling 'mid-market' weekend newspaper."Confidence [for gold] to deliver strong price gains this year remains sky high," writes the Mail on Sunday's personal finance editor Jeff Prestridge, reporting that nearly 80% of r...Read More

VFC put options have been popularA big earnings loser this morning is VF Corp (NYSE:VFC). While the retailer reported adjusted fiscal third-quarter profit of $1.23 per share that topped estimates, revenue of $3.38 billion came in below the expected $3.43 billion. Plus, the apparel maker slashed its full-year revenue and profit forecasts amid weak demand for its Timberland brand.In response, VF Co...Read More

The broadcasting firm posted fourth-quarter earnings and revenue that exceeded analysts' estimates The shares of Comcast Corporation (NASDAQ:CMCSA) are down 1.8% in electronic trading, set to open at $46.62, after the firm's early morning turn in the earnings confessional. The stock was surging earlier, however, signaling speculation on Wall Street is mixed. The broadcasting giant posted impressiv...Read More

The precious metals sector remains in a correction, and as long as the 200-day moving averages hold, a bullish consolidation that began last September.Sure, Gold made a new high and is still holding around the previous high, but the rest of the sector has not confirmed that strength. When Gold is outperforming Silver and the gold stocks, it is not a bullish signal for the short-term.With that in m...Read More

Silver is still in consolidation mode sinceearly September, but could be close to a resolution.Below, is chart of silver: On the chart there appears to have formedsome fractals. The current one has also broken out at the blue line in middleto late December of 2019, and is currently retracing.It would be ideal for it to find support atthe 50-day MA or higher. Any lower and the pattern might be inva...Read More

Jordan Roy-Byrne CMT, MFTA The precious metals sector remains in a correction, and as long as the 200-day moving averages hold, a bullish consolidation that began last September.Sure, Gold made a new high and is still holding around the previous high, but the rest of the sector has not confirmed that strength. When Gold is outperforming Silver and the gold stocks, it is not a bullish signal for...Read More

- RambusIn part 2 of this Important Inflection Point For the PM Complex, we'll look at some US dollar charts along with a few important currencies of the world. I don't have to tell you that the US dollar can play a very important role in how the PM complex and commodities in general may perform. Even though it's never a perfect correlation important turning points can appear very close to the...Read More

By: Ira EpsteinGold is in a sideways market since missile day. Holding its 18-dma:Read More

Safe haven demand (due to Chinese corona virus) is supporting gold. I expect a rise in Chinese gold demand during the Chinese New year, if the virus is not contained in the next two weeks. Chinese economy will see a short term hit. More and more Chinese will buy gold out of fear. It is the fear of the unknown that will drive more and more people to gold.Chinese authorities are acting quickly. It...Read More

Ford stock has struggled to remain higher in 2020Ford Motor Company (NYSE:F) stock is eyeing a lower open, after the car manufacturer late Wednesday night announced it will see a $2.2 billion pre-tax loss in the fourth quarter due to an increase in contributions to employee pension plans. In terms of earnings, Ford is scheduled to report earnings early next month, on Tuesday, Feb. 4.On the charts,...Read More

It's another big day for earnings on Wall StreetU.S. stock futures are trading below fair value this morning with earnings in focus once again. Dow Jones Industrial Average (DJI) components Procter & Gamble (PG) and Travelers (TRV) are both moving lower in electronic trading following the companies' earnings releases, while other high-profile names like Comcast (CMCSA) and Southwest Airlines (LUV)...Read More