PBI, meanwhile, has swung higher this afternoonThe stock market is trading modestly lower this afternoon, as traders digest the latest U.S.-China trade news. Among individual names making notable moves are data analytics specialist Datadog Inc (NASDAQ:DDOG), e-commerce concern Pitney Bowes Inc. (NYSE:PBI), and teledentistry firm SmileDirectClub Inc (NASDAQ:SDC). Here's a quick roundup of what's mo...Read More

TUR is already pacing for its worst month in more than a yearTheiShares MSCI Turkey ETF (TUR) is in the red today, after President Donald Trump tweeted, "Big sanctions on Turkey coming!" The threat comes after a Turkish invasion of northern Syria, and following the president's orders to withdraw U.S. troops from the area. Against this backdrop, the exchange-traded fund (ETF) is already set for its...Read More

Needham expressed concern over competitive pricing and a drop in Chinese customers Laser manufacturers nLight Inc (NASDAQ:LASR) and IPG Photonics Corporation (NASDAQ:IPGP) are feeling the heat today after Needham expressed concerns about both companies. Below, we'll look at these bear note, and how they're affecting the two semiconductor names. Starting with LASR, the analyst slashed its price tar...Read More

VNET calls were popular coming into todayOne stock making a notable spike today is Chinese data services provider 21Vianet Group Inc (NASDAQ:VNET). The company inked an agreement with Alibaba (BABA) to deploy data center services, and the shares of VNET were last seen up 15% at $8.30. In response, there's unusual options trading on 21Vianet, and calls in particular are popular. Roughly 850 calls h...Read More

Perspective is everything when it comes to the markets. It is always most important to look at the long term charts first and then work your way back to the shorter timeframes. Long term charts also show where major support and resistance resides that can have a calming affect on ones emotions when the inevitable corrections take place.Its been several months or so since we last looked at this 30...Read More

Let’s take a look at some indicators that can come together to let us know when the next inflationary bout is in the offing.The spread between 10yr and 2yr yields (the most commonly watched yield spread/curve) is still steepening on the short-term. Live chart available here. What’s more, it is doing this against a short-term bounce in yields (my TBT positions appreciate that) and that...Read More

Skepticism on the positive impact of US-China partial trade deal has resulted and silver trading firm. In my view, there will be more trade deal with other nations should Trump's political problems worsen. Further trade deal between USA and rest of the world will be dependent on internal politics of USA. Trend of gold and silver till Wednesday needs to be closely watched. Trend (whether bullish...Read More

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.Coming up MoneyMetals.com columnist and Senior Analyst at The Morgan Report David Smith joins me for another wonderful conversation on why he thinks the recent correction in metals is creating what may be the last great buying opportunity in the sector, and also why he believes those who do buy should be thinking insurance fi...Read More

The 40-day moving average has acted as a short-term speed bump in the pastBlue chip UnitedHealth Group Inc (NYSE:UNH) is 0.4% higher on the charts this afternoon, with traders cautiously optimistic ahead of earnings. The healthcare name is slated to report third-quarter earnings before the open tomorrow, Oct. 15. Let's take a closer look at what the options market may be expecting for the equity'...Read More

The index has made big daily moves while essentially going nowhereIt's been a wild October so far for the stock market, as investors have reacted to Fed buzz and updates on U.S.-China trade negotiations. In fact, from Sept. 27 to last Friday, Oct. 11, the S&P 500 Index (SPX) moved at least 0.4% every single session, regardless of direction. That's the first 11-day streak of notable moves in more t...Read More

Both stocks made their public trading debuts in SeptemberCowen initiated coverage on Exagen Inc (NASDAQ:XGN) with an "outperform" rating and $17 price target, representing expected upside of 34.8% to Friday's close at $12.61. The brokerage firm said XGN stock is undervalued, and that the diagnostics company's autoimmune test for systemic lupus erythematosus, Avise CTD, works better than similar...Read More

Oil prices are sharply lower todayThe Dow Jones Industrial Average (DJI) is cautiously higher to start the new week, as the U.S.-China trade optimism from Friday is replaced with skepticism. A Bloomberg report indicated China is hesitant to sign off on an official "phase one" deal, and labeled the Friday developments as "substantial progress," instead of the "greatest and biggest trade deal ev...Read More

KBW lifted its price target for Charles Schwab to $39.50 from $38Positive analyst attention today from KBW has the shares of investment firm Charles Schwab Corporation (NYSE:SCHW) slightly higher, set to extend a three-day win streak. Specifically, the broker lifted its price target to $39.50 from $38, just ahead of the company's third-quarter earnings report, due out before the open tomorrow, Oc...Read More

Most analysts remain bearish on FITB sharesFifth Third Bancorp (NASDAQ:FITB) is trading lower early on despite bullish analyst attention. BofA-Merrill Lych just raised its opinion to "buy" from "neutral" despite trimming its price target by $1 to $30. This price target still sits near annual-high territory for the shares, which were last seen trading down 0.6% at $26.70.At these levels, FITB is ho...Read More

BYND is fresh off its worst weekly loss in almost two monthsThe shares of Beyond Meat Inc (NASDAQ:BYND) are down 4.2% to trade at $125.88 today, after Wells Fargo initiated coverage on the faux-meat concern with a "market perform" rating and $125 price target. The analyst in coverage advised investors to tone down the aggressive expectations, and cautioned "restraint," as the market waits for mo...Read More

- Dave Kranzler"De Nederlandsche Bank (DNB) holds more than 600 tonnes of gold. A bar of gold always retains its value, crisis or no crisis. This creates a sense of security. A central bank's gold stock is therefore regarded as a symbol of solidity Shares, bonds and other securities are not without risk, and prices can go down. But a bar of gold retains its value, even in times of crisis." -...Read More

StrengthsThe best performing metal this week was palladium, up 1.98 percent. Even after a weekly loss, gold traders and analysts stayed bullish on their outlook for prices in the weekly Bloomberg survey. Stocks continue to swing and currencies fluctuate ahead of continued U.S.-China trade talks. Just like last week, palladium hit a fresh all-time high this week of $1,707.51 an ounce, according...Read More

Skepticism on the positive impact of US-China partial trade deal has resulted and silver trading firm. In my view, there will be more trade deal with other nations should Trump's political problems worsen. Further trade deal between USA and rest of the world will be dependent on internal politics of USA. Trend of gold and silver till Wednesday needs to be closely watched. Trend (whether bullish...Read More

KSS is bumping up against its 120-day moving averageThe shares of department store Kohl's Corporation (NYSE:KSS) are slightly lower this morning, set to snap a seven-day win streak -- their longest in at least a year. KSS jumped last week after naming Executive Vice President Jill Timm as its new chief financial officer (CFO). She will be replacing retiring CFO Bruce Besanko starting Nov. 1. KSS s...Read More

Citi set a Street-low price target on the cybersecurity stockCitigroup initiated coverage on CrowdStrike Holdings Inc (NASDAQ:CRWD) with a "sell" rating and a $43 price target -- a nearly 29% discount to last Friday's close at $60.27, and the lowest on Wall Street. The brokerage firm expressed concern over the cybersecurity stock's valuation, echoing a bear note issued by Goldman Sachs on Friday.I...Read More