321gold founder Bob Moriarty explains that 'dishonest money' is the #1 problem facing the world today Continue...Read More

Prices in the CIS export slab market continued to rise in the week to Monday November 18 with new bookings in Turkey being made at higher levels.Fastmarkets' weekly price assessment for steel slab, export, fob Black Sea, CIS, was $367-370 per tonne on November 18, up from $340-360 per tonne on Monday last week.Rising costs for raw materials, particularly scrap, and increased finished flat steel pr...Read More

China's domestic rebar prices increased further on Monday November 18 amid low inventories, though participants were less optimistic about the market due to softening demand. Eastern China (Shanghai): 3,940-3,970 yuan ($562-566) per tonne, up 70-80 yuan per tonne Northern China (Beijing): 3,720-3,750 yuan per tonne, up 20-30 yuan per tonneLow stock levels in the spot market continued to provide up...Read More

Over the past 20 years, this company's shares have outperformed gold by more than five to one. Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT), throughout its 20-year history, has focused on buying assets with exploration upside in low-risk jurisdictions during down times and selling noncore assets during good times, using the proceeds to fund exploration at its larger and more advanced projects, ther...Read More

Sector expert Jason Hamlin explores the potential of the current gold bull market by charting the courses of past bull markets. The gold price bottomed in late 2015 around $1,050 per ounce. It has since advanced to a high of $1,555 in early September, followed by a pullback to the current price of $1,470. Gold is in a well-defined uptrend channel with higher lows and recently higher highs. The br...Read More

Sector expert Michael Ballanger interprets the latest market moves and manipulations. Gold bars"For every action, there is an equal and opposite reaction." Sir Isaac Newton (Newton's Third Law)In nature, where everything moves freely absent human interference, her omnipotent forces are allowed to manifest themselves in manners that create a living ecosystem that supports life in the air, on land...Read More

There are 46 claims on the Quebec property being purchased. Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTC) announced in a news release it entered an agreement to acquire Golda Resources Inc., owner of the McKenzie East gold project located north of Val D'Or in Quebec. The deal will include the 46 claims across 1,676.25 hectares of claims on the property."We are extremely pleased to acquire this...Read More

Billet producers in the Gulf Cooperation Council (GCC) countries have become more active in export markets this year amid a slowdown of construction activity in the region, Fastmarkets has learnt.Steel demand in the Middle East is expected to shrink by 4.6% in 2019, according to estimates from the World Steel Association (Worldsteel). And the lower demand at home this year has meant that GCC bille...Read More

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 15.ChinaThe domestic spot alloy price in China remained steady with producers continuing to report limited supply of 75% grade material but that demand also remains weak. The export alloy price was similarly unchanged after major Chinese suppliers refused...Read More

Oil prices dropped sharply, thoughStocks traded in a tight range today, but though the Dow, S&P 500, and Nasdaq closed near breakeven, all three indexes managed to grab fresh record highs. Trade uncertainty was hanging over equities early on, with the weakness spreading to the commodity space, where oil prices struggled. The action could pick up tomorrow, however, as earnings will come into focus...Read More

Short-term MU options are pricing in low volatility expectations right nowMicron Technology, Inc. (NASDAQ:MU) is slated to report earnings in mid-December, and the chip stock has a history of making big post-earnings moves -- averaging a next-day swing of 7.2% over the last two years. One options trader on Friday wagered on another volatile earnings reaction for Micron, initiating a long straddle...Read More

The European Union is accusing Amazon of prioritizing merchants using its warehouse and delivery servicesThe shares of Amazon.com, Inc (NASDAQ:AMZN) are waffling around breakeven today, slightly higher at last check to trade at $1,738.34. This comes after Bloomberg reported over the weekend allegations from European Union antitrust regulatorsthat the e-tail giant is prioritizing merchants who util...Read More

CNC is pacing for its best close in monthsCentene Corp (NYSE:CNC) shares are building off of Friday's 5.3% rally, up 2.8% at $59.16, putting them on pace for the highest close since mid-March, and the first above the 320-day moving average since around the same time. Another weekly win this week would be an eighth straight for the healthcare stock, and even with the $60 region standing overhead as...Read More

Coty bought a sizable stake in Kylie Jenner's businessStocks are hitting fresh highs to start the week, although oil prices are lower. Among three names making notable moves higher today are biotech issue Karuna Therapeutics Inc (NASDAQ:KRTX), cosmetics concern Coty Inc (NYSE:COTY), and Russian online services stock Yandex NV (NASDAQ:YNDX). Here's a quick look at what's moving the shares of KRT...Read More

RACE's 10-day moving average caught its latest pullbackItalian carmaker Ferrari NV (NYSE:RACE) was unable to get a halo lift this morning from sector peer Ford's (F) big electric SUV announcement. At last check, RACE was down 1% to trade at $165.55, but the stock still flashing a bullish signal that could lead to new record highs. More specifically, RACE's recent Nov. 4 record high of $172.88...Read More

Oil prices are plummeting todayThe Dow Jones Industrial Average (DJI) is hitting fresh highs today, boosted by big gains for Walt Disney (DIS) stock. However, the upside is modest, as energy giant Chevron (CVX) sells off with oil prices. Specifically, December-dated crude is down 1.8% at $56.71 per barrel. Wall Street is also watching for updates on the U.S.-China trade front, and digesting news o...Read More

URBN has been climbing higher since its mid-August lowsDespite receiving an early morning bull note from RBC to $28 from $23, Urban Outfitters, Inc. (NASDAQ:URBN) is down 2.7% at $30.22 today, potentially sinking alongside its sector peers. URBN may also be in focus for the options market, as the retailer is slated to report third-quarter results after the market close, tomorrow, Nov. 19. Urban...Read More

HUN stock is in focus this morning following bullish brokerage attentionChemical stock Huntsman Corporation (NYSE:HUN) has been consolidating on the charts since early September, recently finding nice support from the 200-day moving average. While the $24-$25 range -- site of the shares' early 2019 highs -- is certainly on the radar as potential resistance, HUN just snagged a bullish analyst note,...Read More

SPWR is fresh off its eighth straight weekly lossJust a week after SunPower Corporation (NASDAQ:SPWR) was shining amid news of a strategic spin-off, the stock is now down 4.1% to trade at $7.96, after the company launched a public offering of common stock valued at 22 million shares. In response, options traders have perked up this morning.More specifically, in just the first hour of trading toda...Read More

The major gold minersjust enjoyed a phenomenal quarter for gold, which soared after its firstbull-market breakout in years.  Q3’19’s much-higherprevailing gold prices should’ve driven soaring earnings for the miners, due totheir big inherent profits leverage to gold. So this just-completed Q3 earnings season is the most important for thissector in a long time.  Did...Read More