The pizza maker's earnings and revenue topped forecasts, thoughA big earnings loser today is Papa John's International Inc. (NASDAQ: PZZA). The pizza giant reported adjusted quarterly earnings of 37 cents per share, which is 4 cents a share above estimates and 22 cents higher than the same quarter last year. Continuing to exceed expectations, the company's revenue came in at $417.41 million, shoot...Read More

ETFC has added 7% in 2020Just one week off the buyout that led to its best day since 2009, E-Trade Financial Corp (NASDAQ:ETFC) is trading modestly higher, up 0.6% at $48.81, despite receiving a downgrade to "market perform" from "outperform" at Raymond James. Yesterday ETFC marked its third-straight loss on the charts, but remains well above its recently supportive 120-day moving average. Year-t...Read More

Global crude steel production totaled 154.44 million tonnes in January, a year-on-year rise of 2.1%, according to the World Steel Association (Worldsteel).The increase was made possible by a 7.2% rise in Chinese steel production, which hit 84.27 million tonnes in January 2020.In contrast, two other Asian steelmaking powerhouses - India and South Korea - recorded year-on-year decreases.Indian outpu...Read More

WEN shared earnings that were in-line with estimatesShares of Wendy's Co (NASDAQ:WEN) are down 2.3% this morning, last seen at $22.42. The fast-food chain forecast a weaker-than-expected full-year outlook, but revealed fourth-quarter earnings that were in-line with estimates. Meanwhile, Wendy's also reported bigger-than-expected capital costs on for the year, as they roll out a new breakfast menu...Read More

Lowe's posted Q4 earnings that beat analysts' expectations, but same-store sales and revenue that missed the mark Lowe's Companies, Inc. (NYSE:LOW) took its turn in the earnings confessional this morning, and the results are a mixed bag. The home improvement retailer posted fourth-quarter adjusted earnings of 94 cents per share, which beat analysts' estimates, but announced $16 billion in revenue...Read More

U.S. stock indexes will try to gain again todayDow Jones Industrial Average (DJI) futures are pointing to a positive open for stocks this morning after the historic two-day coronavirus-inspired sell-off. However, traders will likely remain on edge throughout the session, given how quickly equities gave up early morning gains on Tuesday. What's more, President Donald Trump has said he will be holdi...Read More

Clive MaundThe market crash called for on the site on the 15th, right before it started, is now going full bore, and in this update we are going to consider the short-term outlook, especially insofar as it impacts upon our Tech sector puts, and also the grim longer-term outlook.A full-on "in your face" catalyst for the crash has arrived in the form of the Covid-19 or coronavirus, which has alre...Read More

Steve St. Angelo, SRSrocco Report The Global Financial System is now under severe stress. While there have been many factors leading to up to this point, the situation that is unfolding in China and abroad seems to be speeding up the process. Yesterday, the market got a small WHIFF or WOKE up a TAD in regards to a global contagion and soon to be the rapid contraction of the JIT - Just In Ti...Read More

By: Gary SavageWe don't have the signs of an ultimate bubble top. What kind of behavior would show this? A mini bubble? Gold is anticipating inflation in the years ahead. Gold mining stocks $GDX technical update / baby bull high:http://blog.smartmoneytrackerpremium.com/Read More

The gold bull market ended 2019 with a strong gain of 19%. The first half the year was marked with uncertainty as the price after an early year surge to $1350 gave up all of it's gains to drift lower to trade down on the year by early May. However, this was the calm before the bull market storm and that set the stage for a powerful bull run starting early June that saw the Gold price rocket higher...Read More

China's steel industry has faced difficulties in production and sales since the first working day after the Lunar New Year holiday due to the novel coronavirus (2019-nCoV) outbreak, which has led to some 78,000 infections and close to 2,700 deaths in the country so far.Here are eight key effects of the outbreak has had on the Chinese steel industry, according to the China Iron & Steel Association...Read More

Gold rally goes on, reaching almost $1,700 per ounce. What the heck is just happening in the precious metals market? Gold Rallies Above $1,680Wow, what an escalation! On Thursday, we reported that gold jumped above $1,600. On Friday, its price surpassed $1,640, as the chart below shows. And today morning, it has rallied even further, reaching $1,684. Chart 1: Gold prices in 2020 (London P.M. Fix)....Read More

Copper's performance is often seen as an indicator for stocksStocks continue to pull back with uncertainty surrounding the coronavirus. A pullback may not be a big surprise to those who subscribe to the Dr. Copper theory. Copper is a popular metal in a variety of areas of the economy. Investopedia says "... from homes and factories to electronics and power generation and transmission - demand for...Read More

“Minsky Moment” refers to the idea that periods of bullish speculation will eventually lead to a crisis, wherein a sudden decline in optimism causes a spectacular market crash. Named after economist Hyman Minsky, the theory centers around the inherent instability of stock markets, especially bull markets such as the current one that has been in place for over a decade. As&nbs...Read More

Here are five Fastmarkets stories you might have missed on Wednesday February 26 that are worth another look.China's steel industry has faced difficulties in production and sales since the first working day after the Lunar New Year holiday due to the novel coronavirus (2019-nCoV) outbreak, which has led to some 78,000 infections and close to 2,700 deaths in the country so far.Metal and ferro-alloy...Read More

Chinese nickel premiums increased in the week to Tuesday February 25, along with one in the United States, but European premiums remained flat, near a perceived bottom, sources told Fastmarkets.China's nickel premiums rise on falling arbitrage loss between Shanghai and London exchanges The floor lifts slightly for US nickel briquette premiums European nickel premiums stay low, reflecting...Read More

Global tin premiums were steady in the week to Tuesday February 25, despite poor demand and with rising stock volatility turning the focus on delivery incentives amid a large inflow into LME warehouses in Los Angeles. European market questions LA inflows US sentiment improves Asia demand in question Fresh inflows puzzle European tin market; premiums steadyIn Europe, Fastmarkets assessed the tin 99...Read More

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday February 26.Please click...Read More

Here are five Fastmarkets stories you might have missed on Wednesday February 26 that are worth another look.China's steel industry has faced difficulties in production and sales since the first working day after the Lunar New Year holiday due to the novel coronavirus (2019-nCoV) outbreak, which has led to some 78,000 infections and close to 2,700 deaths in the country so far.Metal and ferro-alloy...Read More

By: Jim Willie CB home: www.Golden-Jackass.com (new website) Subscribe: Hat Trick Letter Much remains concerning the corona-virus, its potential planning, or else its exploited event. The discu...Read More