With gold and silver prices having tumbled, sector expert Michael Ballanger outlines how he will weather the storm."People everywhere are being fed propaganda, lies and false stimuli of all kinds, but deep in their hearts, deep in their instincts, they know something is wrong."—G. Edward Griffin, author of The Creature from Jekyll IslandMy usual weekend missive was mildly delayed for a very...Read More

CGC and DDS options volume has ramped up todayStocks are trending lower today, as Wall Street weighs blue-chip earnings amid growing U.S.-China trade uncertainty. Among three names making notable moves today are cannabis concern Canopy Growth Corp (NYSE:CGC), coal stock Contura Energy Inc (NYSE:CTRA), and retailer Dillard's, Inc. (NYSE:DDS). Here's a quick look at what's moving the shares of CGC,...Read More

Maxim also set a $190 price target on AAPL stockMaxim downgraded Apple Inc. (NASDAQ:AAPL) stock to "sell" from "hold," and established a $190 price target on the tech shares -- a 28% discount to last night's close. The brokerage firm also forecast a 5% year-over-year drop in iPhone revenue and a 2% annual decline in total operating profits, and labeled expectations the tech giant could transform t...Read More

By: Ira EpsteinGold resistance in DEC-Gold around $1485-1488. Neutralize the bear case short-term with a move above $1,496:Read More

There will be short covering and renewed buying in gold and silver if they rise today and tomorrow. Better to wait and watch before going short. Crude oil if it rises till Monday will break past $60.00 and may be even form a lower base at $60.00. China is in a recession. There is severe jobs woes in China just like India. Chinese urban jobless rate continues to climb. Chinese service activity ex...Read More

Lumentum Holdings stock just sounded a bearish signalShares of Huawei supplier Lumentum Holdings Inc (NASDAQ:LITE) hit a 14-month peak of $68.25 earlier, and were last seen trading near $68.23. The stock has been climbing higher over the long term, but history suggests it might be time to position for a LITE pullback. According to data from Schaeffer's Senior Quantitative Analyst Rocky White, the...Read More

Macy's, Target, and Lowe's will also unveil quarterly results next weekWe're coming up on the last full week of trading in November, and with the holiday shopping season right around the corner, retail earnings will start to roll in quickly. Among some of the more notable names stepping up to the plate are Home Depot (HD), Macy's (M), and Target (TGT). The Fed will also be on Wall Street's radar f...Read More

Brazilian apparent steel use is showing signs of recovery and will increase significantlyfrom next year, ArcelorMittal Long Carbon Latin America chief executive officer Jefferson de Paula said this week. Brazil's steel consumption reached an all-time high of 28.02 million tonnes in 2013, according to the national steel association, Instituto A??o Brasil, De Paula told delegates at the La...Read More

Yes, you read thatright. Despite all the bearish developments that we described in the previousanalyses,and despite myriads of bearish factors that remain in place for the followingmonths, it seems that the white metal is about to rally. Gold, and miningstocks could move higher as well, and we’ll move to that shortly. For now,let’s talk silver. Inparticular, we’re going to discus...Read More

NVDA options are attractively priced at the moment, tooEarnings season isn't over yet. After the close tonight, semiconductor concern Nvidia Corporation (NASDAQ:NVDA) will step into the earnings confessional for its third-quarter report. Ahead of the event, NVDA is down 0.3% to trade at $208.01 today, up 40% in the past three months, with its ascending 10-day moving average providing support sinc...Read More

A bear signal flashing for Macy's stock points to more downside ahead of Black FridayDepartment store name Macy's Inc (NYSE:M) is gearing up for a wild next couple of weeks, with the Nov. 29 Black Friday event just around the corner, and its third-quarter earnings report due out before the open on Thursday, Nov. 21 next week. Today, the stock is getting a halo lift from Walmart's (WMT) strong earn...Read More

Trump chimed in on Walmart earningsThe Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) are trading lower today, retreating from Wednesday's record-high closes. Growing concerns surrounding U.S.-China trade negotiations, as well as a negative earnings reaction for Cisco Systems (CSCO) stock, is creating headwinds, though losses are modest on Walmart's (WMT) post-earnings pop -- with the...Read More

Currently, commodity prices are the cheapest they’ve been in over 40 years compared to equity prices.  US Equities have continued to rise over the past 7+ years due to a number of external processes.  QE1, 2, 3, and Fed Debt Purchases Share Buy-Backs and creative credit facilities.  Only recently have investors really started to pile into the US stock market (see charts below)...Read More

The prevailing wisdom that sees explosive and long-term potential for U.S. shale may rest on some faulty and overly-optimistic assumptions, according to a new report.Forecasts from the U.S. Energy Information Administration (EIA), along with those from its Paris-based counterpart, the International Energy Agency (IEA), are often cited as the gold standard for energy outlooks. Businesses and govern...Read More

13 brokerages have cut their price targets todayAt the bottom of the Dow this morning sits Cisco Systems, Inc. (NASDAQ:CSCO), down 6.2% to trade at $45.44. While the software name's adjusted first-quarter earnings per share of 84 cents on $13.16 billion in revenue topped forecasts, Cisco issued a weaker-than-expected current quarter guidance. The report also cautioned of a slowdown in technology s...Read More

Ford's $10 level will be worth watching for options traders in the coming weeks Yesterday we took a look at some data on the Automobiles and Parts sector, noting that almost all of the names in the group are trading above the 80-day moving average. What we didn't mention, though, was that the one name that isn't atop its 80-day trendline is Ford Motor Company (NYSE:F), which has actually seen con...Read More

Berenberg started with a "buy" rating, and a $100 price target Beyond Meat Inc (NASDAQ:BYND) just received yet another analyst note today, this time courtesy of Berenberg, which initiated coverage with a "buy" rating, and a $100 price target. The broker predicted that the faux-meat stock was on the precipice of "its second evolution," adding it can capture more market share. BYND is up 2.5% in res...Read More

The three-month aluminium price on the London Metal Exchange was lower at the close of trading on Thursday November 14, closing at its lowest level since late-October, while zinc's outright price similarly fell to its lowest level in just over a month.Aluminium's outright price on the LME closed at $1,742 per tonne on Thursday afternoon, its lowest closing price since October 28, although turnover...Read More

The equity has soared past its 200-day trendlineThe shares of Norwegian software firm Opera Ltd (NASDAQ:OPRA) are soaring this morning, up 22.5% at $11.89. This comes after the company reported third-quarter earnings of 27 cents per American Depositary share (ADS), blowing past estimates for per-share ADS earnings of 6 cents. Not only did the tech name report quarterly revenue that more than doub...Read More

Trade tensions remain high around the U.S.-China relationshipDow futures are trading lower coming off yet another record high, as tensions remain high surrounding the U.S.-China trade conflict. The anxiety is overshadowing Walmart's (WMT) third-quarter earnings beat and raised full-year forecast, with the stock up 1.7% before the open. Meanwhile, Wall Street is also keeping an eye on Fed Chair Jer...Read More