Carnival stock sank to multi-year lows this past OctoberCruise line Carnival Corp (NYSE:CCL) is down 0.9% at $44.68 in this afternoon's trading, continuing its wildly disappointing year on the charts. The stock has shed 25% over the past 12 months, and is now seeing a re-emergence of pressure from a key descending -- and historically bearish -- trendline.According to Schaeffer's Senior Quantitati...Read More

Lately, the stock has cooled off last month's all-time peak The shares of Google parent Alphabet Inc (NASDAQ:GOOGL) just hit arecord high of $1,333.92 earlier last month, and have been consolidating just south of here, with pressure at $1,317 keeping GOOGL from reclaiming these mid-month highs. And while the security is off 1.2% to trade at $1,288.19, it's running right into recent support at its...Read More

Weekly SPLK options are popular todayLast Wednesday, the shares of Splunk Inc (NASDAQ:SPLK) climbed above $150for the first time ever. Today, that level has been toppled once again, with SPLK last seen up 1.2% to trade at $151.06 after Goldman Sachs upgraded the software concern to "buy" from "neutral." While also boosting its price target to $180 from $147, the analyst in coverage praised the co...Read More

ROKU has been an attractive target for premium buyers over the past yearStreaming platform Roku Inc (NASDAQ:ROKU) is eyeing its worst day since early November, down 10% at $144.29 this morning, after Morgan Stanley downgraded the stock to "underweight" from "equal weight." The analyst also hiked its price target from $100 to $110, which represents a 31% discount to Friday's close. Morgan Stanley...Read More

The Nasdaq and S&P are near session lows, tooStocks are moving sharply lower today, sending the Dow Jones Industrial Average (DJI) down200 points at the halfway point. Despite more strong Black Friday and Cyber Monday sales numbers from the retail sector, traders are focusing on a manufacturing update for the U.S. that showed the sector again contracting in November, while trade headlines continue...Read More

Roku weekly call options have been hot in recent weeks, tooThe 20 stocks listed in the table below have attracted the highest weekly options volume during the past 10 trading days. Data is courtesy of Schaeffer's Senior Quantitative Analyst Rocky White. Stocks highlighted in yellow are new to the list, including home improvement name Home Depot Inc (NYSE:HD), which recently took a hit on a negativ...Read More

Traders might want to consider near-term IWM or SPY call options as the risk of a VIX pop lingersWith President Donald Trump signing the Hong Kong Human Rights and Democracy Act just ahead of the Thanksgiving holiday, equities pulled back on Friday, as some viewed this act as threatening the first phase of a U.S.-China trade deal. However, as we have seen with respect to negative trade headlines r...Read More

Teaser: Let’s face it, we live in a world of radical uncertainty. Yet we’re supposed to make perfectly rational decisions – so, how do we cope with the unknown? We tell narratives, and form our decisions around them! Let’s explore the narratives in the financial markets for it reveals their importance to the gold market. Let’s face it, we live in a world of radical un...Read More

All other analysts are bullish on the amusement park operator The shares of Cedar Fair, L.P. (NYSE:FUN) have been consolidating in the $55 area since pulling back from their early October highs roughly 10 points north of this region. Today, the amusement park stock is down 1.2% at $55.26, due to negative analyst attention from B. Riley. The brokerage firm dropped its rating on FUN to "neutral" fr...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 325,28653,65293,522191,548497,015610,356644,189 Change from Prior Reporting Period -12,0102,215-16,214-15,078-28,706-43,302-42,705 Traders 18560794955265170 Small Speculators LongShortOpen Interest 58,91225,079669,268 -6,641-7,238-49,943 non reportable po...Read More

By: Gary Savage After 2013, we started see these huge pre-market dumps in gold. Banks playing the markets with massive contract dumps on the markets, in five minutes or less, usually in the pre-market where that contract volume size will start to..Read More

Keith Weiner, Monetary MetalsThe basic idea behind the Quantity Theory of Money could be stated as: too much money supply is chasing too little goods supply, so prices rise. We have debunked this from several angles. For example, we can use a technique that every first year student in physics is expected to know. Dimensional analysis looks at the units on both sides of an equation.Money supply...Read More

The next two weeks are big global economic data days and central banks meetings (including FOMC). Eastern European central banks have started increasing gold reserves. Those central banks whose gold have been stored in vaults in UK have started to repatriate their gold or have given their intention to take back their gold. But bank of England is not giving gold to South American nations. This wi...Read More

Xenon and Neurocrine just entered an agreement to develop a new treatment for epilepsy The shares of Canada-based biotech Xenon Pharmaceuticals Inc (NASDAQ:XENE) are skyrocketing this morning, up 8.4% at $12.83, pacing for a new 14-month high. This pop comes after the firm said it plans to partner with Neurocrine Biosciences (NBIX) to develop a new treatments for epilepsy. Xenon will receive $50 m...Read More

Cyber Monday is expected to ring up north of $9 billion in sales todayFresh off the market's best month since June, stock futures are muted to start December. Trade talks between the U.S. and China remain in focus ahead of the Dec. 15 tariff deadline, especially after Chinese state media reiterated over the weekend that the rollback of existing tariffs remains a key focus for Beijing in phase one...Read More

Brazilian steelmaker Usiminas will increase domestic steel prices by an additional 5% in January 2020, following a previous notification of a 5% hike to be implemented in the fourth quarter this year.The company saw the opportunity to raise its flat-steel prices amid the unfavorable currency exchange for imports in the country and the current global uptrend, commercial vice president Miguel Homes...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 325,28653,65293,522191,548497,015610,356644,189 Change from Prior Reporting Period -12,0102,215-16,214-15,078-28,706-43,302-42,705 Traders 18560794955265170 Small Speculators LongShortOpen Interest 58,91225,079669,268 -6,641-7,238-49,943 non reportable po...Read More

Strengths? The best performing metal for the week was palladium, up 3.66 percent. Palladium reached a fresh record this week, reports Bloomberg, hitting $1,842.76 an ounce and extending this year's rally to 46 percent. Gold also witnessed safe haven buying following Trump's signing of a bill supporting Hong Kong protestors. Despite renewed hopes for a U.S.-China trade pact, hol...Read More

By: Larry LaBorde When considering the space requirements of $1,000,000, the first question is in what form? I will try to illustrate the volume and weight of $1 million dollars in three forms: $100 bills, gold eagle coins and silver eagle coins. I have had some customers surprised by the volume of metals they have ordered when it arrives. Some have been overwhelmed (usually with silver)...Read More

By: Gary Savage After 2013, we started see these huge pre-market dumps in gold. Banks playing the markets with massive contract dumps on the markets, in five minutes or less, usually in the pre-market where that contract volume size will start to..Read More