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U.S. may go further than just cutting capital flows to China, warns Ray Dalio

October 02, 2019 / marketsanity.com

"The proposed step of limiting American portfolio investments in China makes me both think about the implications of this step and wonder if it is an inching toward bigger moves," Continue...Read More

Bernie Sanders Undergoes Heart Surgery, All Events Cancelled

October 02, 2019 / marketsanity.com

"Sen. Sanders is conversing and in good spirits. He will be resting up over the next few days...We are canceling his events and appearances until further notice, and we will continue to provide appropriate updates."Continue...Read More

TITANIUM SNAPSHOT: Slow business drags on alloy market

October 03, 2019 / www.metalbulletin.com

Key data from Fastmarkets' pricing session in Europe on Wednesday October 2.Key drivers A drop in the ferro-titanium price to $4.40-4.80 per kg delivered this week from $4.60-4.90 per kg last week reflects quiet consumer buying interest and only low levels of trading at lower prices. Consumers in the steel sectors have been slow to return to the market since the seasonal summer lull, both for prom...Read More

Taiwan defers anti-dumping, countervailing duties on five Chinese stainless steel, steel product imports

October 03, 2019 / www.metalbulletin.com

Taiwan will defer the imposition of anti-dumping and countervailing duties on five Chinese steel and stainless steel products, the island's customs administration said last week. The decision to delay the tariffs was made after considering the recommendation of Taiwan's International Trade Commission (ITC), the impact on Taiwan's economic interests and the global economic situation, Taiwan's Custo...Read More

Explorer to Launch Diamond Drill Program at Fiji Gold Project

October 02, 2019 / www.theaureport.com

The goals are to test for a greater depth of the current resource and for high-grade feeder structures. Lion One's Tuvatu Gold ProjectLion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) announced in a news release it launched a high-grade feeder diamond drill program at its Tuvatu alkaline gold project in Fiji.The purpose of the campaign, which will consist of four holes, is to show that the Tuvatu res...Read More

Tech Firm Pours First Gold Bars Using Proprietary Formula

October 02, 2019 / www.theaureport.com

After years of work, this milestone is a significant one for the process and the company's development. EnviroLeach Technologies Inc. (ETI:CSE; EVLLF:OTCQB) poured its first commercial gold bars using its proprietary formula and process, it announced in a news release. The 10-ounce bars, produced from 334 pounds of gravity concentrates, represent an average gold recovery of 96.6% with a leach tim...Read More

Explorer Continues Drilling High-Grade, Carlin-Style Mineralization in Idaho

October 02, 2019 / www.theaureport.com

One area of mineralization encountered could represent a third discovery zone. Black PineLiberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) announced in a news release that ongoing drilling at Black Pine in Idaho continues to return thick, high-grade intervals of Carlin-style oxide gold mineralization.New results are from the Discovery 2 zone. They "expand the footprint of mineralization and confirm the c...Read More

EUROPE SECTIONS: Falling feedstock costs put pressure on sections prices

October 03, 2019 / www.metalbulletin.com

Prices for hollow steel sections in the European domestic market were unchanged this week although feedstock costs continued to decline, sources told Fastmarkets on Wednesday October 2.Fastmarkets' weekly price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?585-600 ($638-654) per tonne on Wednesday, flat week on week.The market continued to struggle with low de...Read More

Dow Plummets Below 50-Day on Economic Anxiety

October 02, 2019 / www.schaeffersresearch.com

Worries over ongoing trade war impacts rattled investors for the second day in a rowOngoing trade war worries after a big ISM manufacturing data miss sent the Dow to a 494-point loss today, with the index breaching its 50-day moving average in the process -- just as the S&P did to start the month on Tuesday. Ahead of the ISM non-manufacturing index due out Thursday and the marquee jobs report that...Read More

2 of the Worst Stocks in Today's Trading

October 02, 2019 / www.schaeffersresearch.com

Zynex, meanwhile, is outperforming the broader stock marketThe U.S. stock market is spiraling for a second straight day, as fears over a potential global recession swirl. Three individual stocks making notable moves are diagnostic imaging specialist Lantheus Holdings Inc (NASDAQ:LNTH), media giant World Wrestling Entertainment, Inc. (NYSE:WWE), and medical device manufacturer Zynex Inc. (NASDAQ:ZY...Read More

Put Volume Accelerates as Ford Stock Sinks

October 02, 2019 / www.schaeffersresearch.com

The automaker said U.S. auto sales fell in the third quarterIt's a bloodbath on Wall Street today, and Ford Motor Company (NYSE:F) is not exempt from the selling. The automaker reported a 5% decline in U.S. auto sales for the third quarter, thanks to lower-than-expected figures for its Taurus and Mustang vehicles. F stock is down 4.1% to trade at $8.52 at last check, on track for its worst day s...Read More

Copper Enjoys A Pretty Tight Fundamental Backdrop

October 01, 2019 / seekingalpha.com

JJCTF is essentially flat on the year, despite meaningful mine supply tightness.Global concentrate tightness is set to constrain more pronouncly refined production trends in Q4.In turn, the global refined copper market is due to show increasing signs of tightness (falling inventories, tighter spreads).We, therefore, approach JJCTF from a long side, expecting its tight fundamental backdrop to outwe...Read More

Underloved LGIH Stock Could Be Next Homebuilder to Rally

October 02, 2019 / www.schaeffersresearch.com

Sentiment couldn't get much more bearish on the stockHousing stocks have had a good year on the charts, and the group is in focus again today thanks to Lennar's (LEN) earnings beat this morning. Some analysts were predicting more strength out of the housing sector, and for those interested in betting bullishly, one name to consider is LGI Homes Inc (NASDAQ:LGIH), which just flashed in the study pe...Read More

TURKEY FLAT STEEL WRAP: Prices down in September, demand remains weak

October 03, 2019 / www.metalbulletin.com

Demand for flat steel products in Turkey was weak in September 2019 because of global price falls, market participants have told Fastmarkets.And local producers have now filled their order books until late November, they said on Wednesday October 2.Turkish steel prices increased on May 17 after the import duty into the United States, which had been applied at a rate of 50% in September 2018, was c...Read More

3 Pharma Stocks at Risk for Downgrades

October 02, 2019 / www.schaeffersresearch.com

Analysts are bullish toward the underperforming pharmaceuticals sectorDrug stocks have underperformed recently, with just 19% of the 130 stocks we track under the "Pharmaceuticals & Biotechnology" umbrella trading north of their 80-day moving average. Analysts have barely budged in their bullish outlooks, though, with 65% of those covering these stocks still maintaining a "buy" rating -- putting t...Read More

Last Train Out for Gold, Silver and Platinum Bulls? / Commodities / Gold & Silver 2019

October 02, 2019 / www.marketoracle.co.uk

The people who are prepared are going to reap rewards such asthey have never dreamed. We're going to have the biggest transfer of wealth inhistory – from the fools – to those who are prepared. – Bob Moriarty The run upof the last few months to $1,565 gold and $19silver has stalled out into a relatively high-level correction, giving backless than might be expected after such...Read More

China's Golden Week Weighs On Gold

October 02, 2019 / news.goldseek.com

Stewart Thomson 1. China's "Golden Week" holiday is underway and gold markets there are closed for the week.2. The demand vacuum created by this holiday often contributes to a gold price swoon, and that's happening now.3. Please click here now. Double-click to enlarge this GDX swing trade chart.4. My www.guswinger.com subscribers are enjoying the price swoon because...Read More

Precious Metals Update Video: Long-term gold chart remains bullish

October 02, 2019 / news.goldseek.com

By: Ira EpsteinGold remains over the 18-week moving average. Market holds an upside bias long-term. Daily chart shows head-shoulder TA formation..Read More

Stocks Pummeled as Recession Fears Rattle

October 02, 2019 / www.schaeffersresearch.com

The VIX is eyeing its highest close since Aug. 15The Dow Jones Industrial Average (DJI) is down over 450 points at midday -- heading for its worst single-session percentage drop in over a month -- as Wall Street extends its brutal start to the fourth quarter. Subpar economic data continues to fuel fears of a recession, this time with the latest ADP employment report signaling a slowdown in privat...Read More

Options Bears Predict Post-Earnings Pullback for PEP Stock

October 02, 2019 / www.schaeffersresearch.com

Pepsi is expected to post its third-quarter earnings before the open tomorrowFood and beverage concern PepsiCo, Inc. (NASDAQ:PEP) is down 1.5% at $135.33 today, just ahead of its third-quarter earnings, slated for release before the open tomorrow. This dip follows the equity's second-highest close on record, ending yesterday at $137.37 -- just beneath its early September peak around $139. In fact,...Read More

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