"So they now convict Roger Stone of lying and want to jail him for many years to come. Well, what about Crooked Hillary, Comey, Strzok, Page, McCabe, Brennan, Clapper, Shifty Schiff, Ohr..."Continue...Read More

Domestic prices for secondary steel billet in India over the week to Friday November 15 fell by 400 rupees ($6) per tonne, with makers of long steel products reducing their purchases of semi-finished material on a lack of sustained demand for products such as rebar.The price of steel billet, domestic, exw India, was assessed by Fastmarkets on November 15 down by 400 rupees per tonne to 26,000-26,2...Read More

The amount of gold to hold in a portfolio that optimizes an investor's risk/return profile is much higher than what most would hold, this according to Ryan Giannotto, director of research at GraniteShares."We have found that the efficient level, the optimized level, was 35% gold. Not saying you should own 35% gold, that's an awfully high concentration, but it challenges the conventional wisdom of...Read More

The CIS export billet price picked up at the end of the week on a booking to Turkey, market participants said.Fastmarkets' daily steel billet index, export, fob Black Sea, CIS, was $380 per tonne on Friday November 15, up by $5 day-on-day.Russia's Abinsk Electric Steel Mill sold a cargo of billet to Turkey this week at $393 per tonne cfr, sources told Fastmarkets. According to various assessments,...Read More

Prices in Southeast Asia's steel billet market were given a boost during the week to Friday November 15 due to limited cargoes available in the spot market after Chinese buyers resumed billet imports. At least 140,000 tonnes of billet from various origins including India, Iran, Malaysia and Vietnam have been booked at $405-415 per tonne cfr China over the past week, sources told Fastmarkets.A trad...Read More

An overview of the noble alloys markets and their latest price moves.Read More

The Dow rose above 28,000 for the first time everStocks finished out the week with a strong performance, as the Dow, S&P 500, and Nasdaq all hit record highs -- and the former made its first-ever trek above 28,000. The bullish bias was stoked by upbeat trade talk and well-received retail sales, while investors also kept tabs on all the impeachment hearing headlines out of Washington. Today's gains...Read More

Both stocks are enjoying record weeksStocks are scoring new highs to end the week, thanks to upbeat retail sales and chip sector earnings. Among two names making notable moves higher today are luxury retail concern Farfetch Ltd (NYSE:FTCH) and biopharmaceutical name Amarin Corporation (NASDAQ:AMRN). Here's a quick look at what's moving the shares of FTCH and AMRN. FTCH Call Traders Don't Envis...Read More

Developments on a trade deal between the U.S. and China were closely followed this weekIt was a wild trading week for stocks, as Wall Street closely monitored developments on the trade agreement between the U.S. and China. U.S. President Donald Trump, in particular, was quite vocal about the state of the trade deal, with comments on Tuesday over how China has "cheated" the U.S. in the past spookin...Read More

AMD shares are trading at new highs againThe semiconductor sector is on fire today thanks to strong earnings. The surge is helping push Advanced Micro Devices, Inc. (NASDAQ:AMD) to new highs, earlier the stock hitting a fresh 13-year peak of $39.37. This brings the chipmaker's year-to-date gain to 109%, and puts it on pace for a seventh straight weekly win. Schaeffer's Senior Quantitative Analyst...Read More

PEAK has been attempting to recover from its early November dropReal estate investment trust (REIT) Healthpeak Properties Inc (NYSE:PEAK) is up 0.6% to trade at $34.20 this afternoon, attempting to recover from its recent pullback on the charts. Longer term, the equity remains 22% higher year-to-date, despite its early November plunge. Today's shift comes just as the security nears a historically...Read More

The retailer is slated to report its third-quarter earnings before the open on TuesdayAhead of Kohl's Corporation's (NYSE:KSS) third-quarter report, due out before the open next Tuesday, Nov. 19, things have been especially bearish in the options pits. During the last 10 days, 10,511 puts have been bought to open on the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NAS...Read More

The Dow, S&P, and Nasdaq are set to extend their weekly win streaksIt's a record-setting day on Wall Street today, with the Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) trading at all-time peaks. Sparking the risk-on session are upbeat U.S.-China trade headlines, as well as a bigger-than-expected rise in October retail sales. This is offsetting a wider-than-...Read More

Intelsat options are quite pricey at the moment, thoughIt's been a week to forget for Intelsat SA (NYSE:I). The communications satellite services provider is cruising toward a 45.3% weekly loss -- set to be its worst week ever -- after rumors swirled that the Federal Communications Commission may opt for a public C-Band auction. The reports were enough for J.P. Morgan Securities to issue a downg...Read More

1. Gold’s annual returns 2000 to presentIn the February edition of this newsletter, we ran an article under the headline:  Will 2019 be the year of the big breakout for gold? Though we would not characterize gold’s move to the upside so far this year as ‘the big breakout,’ 2019 has been the best year for gold since 2010 even with the recent correction taken into accoun...Read More

resTORbio stock is hitting new lows today Pharmaceutical name resTORbio Inc (NASDAQ:TORC) has slid to the very bottom of the Nasdaq today after the company announced it stopped testing on its lead drug RTB101 for respiratory illness, following a failed late-stage trial. The biopharma firm added that they will continue testing on the drug in other conditions, such as Parkinson's disease. The news h...Read More

There's still plenty of pessimism to be unwound on HDThe shares of Home Depot Inc (NYSE:HD) are up 0.3% to trade at $237.27 today, after Jefferies raised its price target to $268 from $246. The brokerage firm predicted Home Depot will outperform Lowe's (LOW) in their upcoming earnings reports, due to impressive same-store sales growth and website traffic. Home Depot is scheduled to report third-q...Read More

In the first part of this research article, we shared our ADL predictive modeling research from July 10th, 2019 where we suggested that Oil prices would begin to collapse to levels near, or below, $40 throughout November and December of 2019.  Our ADL modeling system suggests that oil prices may continue lower well into early 2020 where the price is expected to target $25 to $30 in February~A...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 323,18956,123107,486210,067511,535640,742675,144 Change from Prior Reporting Period -21,402-8,6408,96228,37912,70915,93913,031 Traders 18774825154272183 Small Speculators LongShortOpen Interest 67,72133,319708,463 2,3435,25118,282 non reportable positions...Read More

The major gold miners just enjoyed a phenomenal quarter for gold, which soared after its first bull-market breakout in years. Q3'19's much-higher prevailing gold prices should've driven soaring earnings for the miners, due to their big inherent profits leverage to gold. So this just-completed Q3 earnings season is the most important for this sector in a long time. Did the gold miners' fu...Read More