F5 is expected to report earnings after the close on Monday With earnings just around the corner software developer F5 Networks, Inc. (NASDAQ:FFIV) is gaining some traction today, with a little help from long-term support at the $132 region. The firm is expected to post its fiscal first-quarter earnings after the close on Monday, Jan. 27, and at last check the stock is up 0.9% to trade at $135.20....Read More

The Dow has erased this morning's gains With two cases of the coronavirus in the U.S. now confirmed by the Centers for Disease Control (CDC), stocks are trading back below breakeven at midday. The Dow Jones Industrial Average (DJI) has given up its morning gains and is now sporting modest losses, brushing off earnings wins from both tech name Intel (INTC) and credit card concern American Express...Read More

Put buying has been very popular latelyWhen we last checked in with Under Armour (NYSE:UAA), the stock was reaping the benefits of a bull note. While the athleisure name has done well on the charts since then, it's running head-first into a trendline with bearish implications, if past is present. More specifically, Under Armour stock is trading within one standard deviation of its overhead 160-d...Read More

Credit Suisse is all-in on Square stockSquare Inc (NYSE:SQ) stock is running hot today, after Credit Suisse initiated coverage on the fintech name with an "outperform" rating and an $84 price target -- a 21.3% premium to last night's close. Just last week, Square landed on the brokerage firm's list of companies that could be the "next generation of potential winners" in technology, alongside fello...Read More

FCX gapped lower yesterday after earningsThe shares of Freeport-McMoRan Inc (NYSE:FCX) are down 2.2% to trade at $11.71 this morning after receiving two price-target cuts. J.P. Morgan Securities and Deutsche Bank trimmed their targets to $14 and $13.50, respectively, in response to the copper miner forecasting higher costs in 2020. Yesterday, FCX gapped lower by 2.8% in the wake of its quarterly...Read More

The deal with Apple could generate as much as $15 billion in revenueA announcement that Broadcom Inc (NASDAQ:AVGO) is entering into two separate multi-year agreements, "2020 SOWS," with Apple (AAPL) is giving the shares of the semiconductor concern a boost this morning. These agreements will supply wireless components to the iPhone maker, and could generate as much as $15 billion in revenue for th...Read More

Apparently, there is no limit. This seems especially true right now with all of the “obvious” signs and indicators staring you in the face. It is almost blasphemous to speak cautiously. Better to let your imagination run wild and join in the revelry.I can’t do that. I don’t choose to be dumped into the same cauldron of boiling fantasy with other analysts and advisors, who t...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 374,79357,098141,474212,445564,348728,712762,920 Change from Prior Reporting Period -2,016-4764,355-8,913-6,829-6,574-2,950 Traders 23370845859326186 Small Speculators LongShortOpen Interest 65,11730,909793,829 3,520-104-3,054 non reportable positionsChan...Read More

- Gary TanashianI most often use linear scale charts for stocks, markets and indicators for their more absolute views. But in the case below we conjure up a long-term log scale chart showing the Gold/Silver Ratio (GSR) and the S&P 500 (SPX), as it works better in providing a percentage-based relationship between an indicator of market liquidity and inflation when declining and lack of liquid...Read More

Gary SavageI mentioned at the 2:00 mark that we would probably see an attack this morning. We did indeed get a major attack. A full days volume was thrown at gold before the market had even opened. The closer we get to the FOMC meeting the more dangerous these attacks will become. So I'm still waiting for a close above the Sept. high as confirmation the next leg has begun. (orig. published on J...Read More

Ray Dalio of Bridgewater via Quotefancy? + "Cash is trash" and investors should diversify and own gold as part of a diversified portfolio, world's largest hedge fund manager told CNBC (see news below) at Davos? + For the second time in as many weeks, the world's largest hedge fund, Bridgewater and its founder Dalio is encouraging investors to diversify into gold as a hedge? + The billionaire inv...Read More

By: Ira EpsteinGold bias up, a confused swingline. Gold technicals update:Read More

The buy-the-dips mentality has become so entrenched over the last few months that it's hard to imagine what could possibly derail the bull market. Wall Street feigned mild concern for a few hours over the spread of a deadly virus in China, but absent news that Americans are keeling over dead from it in their back yards, we can expect the broad averages to forge ever higher. The uptrend has bee...Read More

GNRC has been an impressive outperformer on the charts Shares of electrical equipment name Generac Holdings Inc. (NYSE:GNRC) are trading up 4.3% at $107.42 this morning, enjoying a lift on the heels of an upgrade to "outperform" from "perform" and a newly established $125 price target at Oppenheimer. This type of analyst sentiment is a rarity for the stock, with all but two of the eight covering f...Read More

The Dow will try to erase its small weekly deficitIt's another major session for corporate earnings on Wall Street, and well-received results from a number of big names have stocks on pace for a positive open. Dow Jones Industrial Average (DJI) futures are trading almost 100 points above fair value, benefiting from the post-earnings moves from blue chips Intel (INTC) and American Express (AXP). Th...Read More

Two cities are besieged. One by officials, activists and business leaders, while the second by bloodthirsty politicians. Will anyone escape? No one knows, but the gold coin has always helped bribe the guards to look the other way…Just take a look at how it held value recently: Gold Report from DavosThe 2020 World Economic Forum in Davos, Switzerland, has begun. What has happened there so fa...Read More

Disney stock is finding support today at its 80-day trendlineThe impact of the fatal coronavirus is at it again, this time forcing the closure of Walt Disney Co's (NYSE:DIS) Shanghai park, in an attempt to curb the rapid spread of the highly contagious illness. Asia has been slammed by the disease this week, causing a dip in stocks worldwide, though last night markets mostly recovered after-hours...Read More

Chinese steelmaker Hebei Jingye Group has moved a step closer to acquiring British Steel following an agreement made with the trade unions that could result in 500 job losses.The proposals from Jingye on terms of employment now need to be agreed by British Steel staff following the negotiations by the various trade unions.Other outstanding hurdles to the deal include Jingye reaching an agreement.....Read More

A summary of Anglo American's production results for iron ore in the fourth quarter and full-year 2019, as well as production guidance for 2020, following the company's report released on Thursday January 23. The South African Kumba unit increased production on both comparisons due to the Sishen mine improving operational performance and the Kolomela mine - both mines are part of the Kumba un...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 374,79357,098141,474212,445564,348728,712762,920 Change from Prior Reporting Period -2,016-4764,355-8,913-6,829-6,574-2,950 Traders 23370845859326186 Small Speculators LongShortOpen Interest 65,11730,909793,829 3,520-104-3,054 non reportable positionsChan...Read More