HP will cut up to 16% of its global workforceHP Inc (NYSE:HPQ) stock is spiraling -- down 10% at $16.56, fresh off a two-year low of $16.46 -- after the tech giant said it will cut about 7,000-9,000 jobs, or up to 16% of its workforce, as part of a broader restructuring effort, which will result in a one-time charge of $1 billion. However, the company also expects these actions to result in saving...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 322,80053,80758,499163,050466,738544,349579,044 Change from Prior Reporting Period -47,593-4,142-2,990-535-41,992-51,118-49,124 Traders 20571845552288183 Small Speculators LongShortOpen Interest 60,53625,841604,885 -2,941-4,935-54,059 non...Read More

- DeepcasterAn essential first step in Profiting and Protecting is obtaining Accurate information about the Economy, Markets, Interventions, Macro forecasts and indeed News in general.We summarize here, but encourage investors and traders to further study the followingGold & Silver Interventionals All citizens should be or become aware of what educated Investors and Traders have long known: th...Read More

Some AVYA options traders may just scored major profitsTwo of the biggest stock moves today are coming from RingCentral Inc (NYSE:RNG) and Avaya Holdings Corp (NYSE:AVYA). The companies last evening announced an exclusive partnership, sending the shares of each soaring, and options activity has picked up in a major way, as well. Let's jump into what's happening around RNG and AVYA shares.RNG was l...Read More

By: Ira EpsteinGold only $19 away from the highest close, impressive. But the daily chart is not so impressive short-term. Gold will see resistance around $1,537 and support around $1,480 (dec contract).Read More

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

There are times when our research teaminterprets our advanced predictive modeling systems so well that we call a movein the markets 3 to 10+ months in advance of the move actually happening.  It has happened for our team of research sooften lately that we are somewhat used to the accolades we receive from ourfollowers and members.  Our October 2018Gold price predictions are still playing...Read More

The research firm called SDC a "cash incinerating 'unicorn'"The U.S. stock market is soaring after this morning's jobs report, though all three benchmarks are headed toward a weekly loss. Two individual stocks making notable moves in today's trading are electric car concern Nio Inc (NYSE:NIO) and teledentistry name SmileDirectClub Inc (NASDAQ:SDC). Here's a quick look at what's moving the shares o...Read More

AMTD and SCHW made headlines on plans to eliminate commissionsThis was quite the week on Wall Street, with stocks finishing September strong on Monday, thanks to encouraging buzz on U.S-China trade relations. The Nasdaq Composite (IXIC), Dow Jones Industrial Average (DJI), and S&P 500 Index (SPX) all posted a monthly gain for September, while the latter two took a third straight quarterly win. How...Read More

The pizza chain will report earnings next weekDomino's Pizza, Inc. (NYSE:DPZ) will report earnings on Tuesday, Oct. 8. Ahead of the report, analysts at Wedbush initiated coverage with an "outperform" rating, citing overly negative sentiment toward the pizza chain. The brokerage firm also waxed optimistic on Domino's ability to withstand third-party delivery challenges, and established a price targ...Read More

American manufacturersare scoring ever deeper recessionaryreadings. We haven’t seen this bad an ISM Manufacturing reading in quitea while. Can it take the broader economy with it? And what about gold – whenexactly will it get its shine? ISMManufacturing Index Drops To Disturbingly Low LevelThe September ISM Manufacturing Index registered 47.8percent, a decrease of 1.3 percentage points...Read More

Keefe Bruyette downgraded the equity to an "underperform" rating, and slashed its target price target to $19.50U.K.-based investment management name Janus Henderson Group PLC (NYSE:JHG) is eyeing its fourth consecutive loss today, following a downgrade to "underperform" from "market perform" at Keefe Bruyette. The analyst also slashed its price target to $19.50 from $21, foreseeing "challenged" or...Read More

The chip stock tends to outperform in the fourth quarterTexas Instruments Incorporated (NASDAQ:TXN) stock has been racing up the charts since taking a sharp bounce off its 200-day moving average in late May, with the shares hitting a record high of $131.80 on Oct. 1. The equity has pulled back slightly from this milestone, but history suggests new highs could be on the horizon.Specifically, the ch...Read More

Precious metals markets enter the often favorable fourth quartertrading season with the potential to reinvigorate their major uptrends. Despite posting impressive gains in the third quarter, gold and(especially) silver finished it on a downbeat note.On Monday, sellers smashed silver spot prices down3.6% to test the $17.00/oz. level.The disappointing finish to the month and the quarter do...Read More

COST has still added 40% in 2019Costco Wholesale Corporation (NASDAQ:COST) is seeing a sluggish start to today's trading, last seen down 1% at $286.15, after the company reported quarterly revenue and comparable-store sales that missed analyst estimates. While Costco said its fiscal fourth-quarter sales miss was due to increased competition, it still managed to beat per-share earnings expectations...Read More

Adjustments to EU safeguard measures will "stabilize trade flows by containing import concentrations from certain exporting countries," the European steel association Eurofer said on Tuesday October 1.Although the changes will result in improvements, "the result is still not sufficient for a large part of the sector, especially given that it is facing depressed domestic steel demand," Eurofer said...Read More

Nomura Instinet started with a $70 price target and "buy" ratingThe shares of Etsy Inc (NASDAQ:ETSY) are slightly higher this morning, after Nomura Instinet initiated coverage with a "buy" rating, and a $70 price target -- right back underneath the equity's late-March record highs. The analyst said the e-tailer's new free shipping program could help boost its e-commerce market share and margins. T...Read More

Long-term put traders have targeted WLL stockWhiting Petroleum Corp (NYSE:WLL) has been obliterated on the charts in the past year, suffering a steady downtrend, and more recently falling from $18 to yesterday's close of $7.31 in under two months. The energy concern is under pressure again today, down another 2.5% at $7.10, after Credit Suisse downgraded WLL to "underperform" from "neutral," and l...Read More

William Blair initiated coverage on FIVE stock with an "outperform" ratingWilliam Blair initiated coverage on Five Below Inc (NASDAQ:FIVE) with an "outperform" rating, saying the company creates a "unique" experience for young shoppers, and cited an "attractive" financial backdrop and "solid" cash flow. Additionally, the analyst in coverage forecast high-teen to low 20% annual revenue growth for t...Read More

Ferrous scrap prices continued on a downtrend in the week ended Friday October 4 on pervasive weak sentiment throughout key markets. The global demand for downstream finished steel remained poor, and steel mills continued to buy scrap cargoes at lower prices. Turkey prices drop toward end of week US sellers offload two cargoes to Turkey Asian buyers get cargoes via bargain-hunting India import pri...Read More