Popular News

Electric Car Buzz Gives Ford Stock a Boost

October 17, 2019 / www.schaeffersresearch.com

The firm said it would be partnering with Amazon and Electrify America on expanding its electric car charging options Shares of Ford Motor Company (NYSE:F) are inching higher today, following the firm's announcement that it is teaming up with Amazon's (AMZN) Home Services to install home charging options for its electric cars. The company also unveiled a new public charging network in collaboratio...Read More

Stock Futures Rise as Traders Eye Brexit, Earnings

October 17, 2019 / www.schaeffersresearch.com

Netflix earnings are in focus this morningU.S. stocks are pointing to a positive open this morning. Traders are monitoring a potential Brexit deal between the European Union and the U.K., though it's uncertain if the agreement will pass Parliament this weekend. Back on the home front, earnings remain in focus, with names like Morgan Stanley (MS), IBM (IBM), and Netflix (NFLX) making big moves afte...Read More

Dow Inches Lower on Retail Sales, China Uncertainty

October 16, 2019 / www.schaeffersresearch.com

A 0.3% contraction in retail sales for September overshadowed several impressive earnings reports The Dow ended slightly lower today, as a surprise 0.3% drop in retail sales for September -- the first dip in seven months -- managed to dampen a relatively solid day of earnings. Re-emerging fears over the U.S.-China trade conflict had markets in a slump today, too, asnews reports cast doubt on China...Read More

EGYPT STEEL BILLET, REBAR: Rebar price stable but billet price rises on scrap costs

October 18, 2019 / www.metalbulletin.com

The price for steel rebar in Egypt was stable in the week ended Thursday October 17, but the import price for steel billet has increased, sources have told Fastmarkets.Egyptian rebar producers reduced their domestic prices on September 30 and October 9, but have not made any further changes this week.The reason for the earlier falls was that Egypt's prime minister announced a reduction in the cost...Read More

3 Sinking Tech Stocks With Heavy Options Volume

October 16, 2019 / www.schaeffersresearch.com

Morgan Stanley slashed its price targets on NOW and WORKThe U.S. stock market is making modest moves this afternoon, quiet after Monday's massive gains on weak retail sales data. Some individual names are making big moves, though, including software stocks Workday Inc (NASDAQ:WDAY), ServiceNow Inc (NYSE:NOW), and Slack Technologies Inc (NYSE:WORK). Here's a quick roundup of what's moving the share...Read More

FE Mottram restarts ferro-titanium production after six-month suspension - sources

October 18, 2019 / www.metalbulletin.com

British ferro-alloys producer FE Mottram, the biggest producer of ferro-titanium in Europe, has restarted production after a fire damaged its plant in April, according to an industry source. The company had intended to restart production in the third quarter of this year. FE Mottram, which is owned by Belgium-based ferro-alloys and metals trader Metraco, stopped production at its plant in She...Read More

Gold Resource Corporation Reports Record Third Quarter Gold Production and Increases 2019 Annual Gold Production Outlook by 42%

October 17, 2019 / news.goldseek.com

COLORADO SPRINGS, CO, Oct. 17, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE - Gold Resource Corporation (NYSE American: GORO) (the "Company") reports record preliminary gold production results for the third quarter ended September 30, 2019 of 11,165 ounces, reflecting the growing gold production impact from its Isabella Pearl mine, located in Mineral County, Nevada. In addition, the Company...Read More

Signs Still Point To Lower Levels In Metals

October 17, 2019 / news.goldseek.com

- Avi GilburtWhile we have been tracking the metals market for the next rally set-up, we have seen some signs that the market may attempt to begin that rally sooner rather than later. However, I have to be honest in noting that I am seeing more signs that lower levels may still be struck before we are ready for that rally. So, as I have been saying for the last few weeks, I am going to stil...Read More

Precious Metals Update Video: BREXIT in focus, gold price in a stall

October 17, 2019 / news.goldseek.com

By: Ira EpsteinGold has support around $1,470 level. Daily gold chart is in a stall..Read More

The Days the Music Died

October 16, 2019 / news.goldseek.com

Gary Christenson, The Deviant InvestorThe music died many times in the past. To name a few:1929 Market crash1933 President Roosevelt confiscates citizen gold and declares it illegal to own more than a few ounces.1971 President Nixon "closed the gold window" and severed the last link between the devaluing dollar and gold.1987 Stock market crash2000 Stock market and "dot-com" crash2008 Stock marke...Read More

Precious Metals Update Video: Gold downside bias, supports below

October 16, 2019 / news.goldseek.com

By: Ira EpsteinGold weekly chart 18-Weekly MA near $1,469. Gold bias yesterday went to the downside. Under the 18 day moving average, 1474 area support..Read More

Asian Metals Market Update: October-16-2019

October 16, 2019 / news.goldseek.com

Investors are preferring stock over gold. This has resulted in the correction and not a bear rally. Bear rally will be there if gold does not break $1466 by 15th November. I will prefer to remain on the sidelines in gold today. I will still prefer to use crashes of $100 and more in silver (if any) to invest for the long term. Day traders have to remain on the sidelines in silver. Trump impeachme...Read More

China's stainless steel prices ascend further on costly raw materials

October 18, 2019 / www.metalbulletin.com

Stainless steel prices in China continued to rise over the past week on higher production costs due to elevated nickel prices.Prices for the alloying metal had remained at relatively high levels following the recent move by Indonesia to bring forward its ban on nickel ore exports to 2020 from 2022."Stainless steel prices have maintained an uptrend despite the recent dip in nickel prices because mi...Read More

Gold Prices Fall Despite Rising Rate Cut Hope, Brexit Jitters

October 18, 2019 / www.investing.com

Investing.com - Gold prices fell on Thursday in Asia even after weak retail sales data from the U.S. suggested there might be a higher chance of interest rate cuts from the Federal Reserve.Gold Futures for delivery on the Comex exchange were down 0.2% to $1,491.05 by 1:15 AM ET (05:15 GMT).Data showed retail sales in the U.S. fell by 0.3% in September, their biggest drop since last November.Accord...Read More

NOBLE ALLOYS MARKET REPORT16/10: Moly, FeV markets under continued pressure from cautious consumer buying

October 18, 2019 / www.metalbulletin.com

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

EUROPE SECTIONS: Prices down on cheaper imports, lower material costs

October 18, 2019 / www.metalbulletin.com

Prices for hollow steel sections in Northern and Southern Europe moved down this week due to pressure from import prices and feedstock costs, market sources told Fastmarkets on Wednesday October 16.Fastmarkets' weekly price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?560-580 ($617-639) per tonne on Wednesday, down from ?,?580-590 per tonne one week earlier."...Read More

Options Traders React to Tentative GM-UAW Deal

October 16, 2019 / www.schaeffersresearch.com

The two sides have reached a deal after a month-long strikeGeneral Motors Company (NYSE:GM) is in focus today, after the car maker reached a tentative deal with the United Auto Workers (UAW) union. The four-year labor deal could end a month-long strike of roughly 48,000 hourly workers. GM stock is up 2% to trade at $36.98 in response, but some options traders aren't as optimistic. With around one...Read More

Inflation Outlook Supports Gold's Long-Term Uptrend

October 16, 2019 / seekingalpha.com

Low inflation expectations are why gold's long-term prospects are bullish.Recent trade relation improvement is a short-term headwind, though.Persistent low inflation will eventually overcome gold's latest obstacle.It's a commonly held assumption that gold benefits primarily from inflation. If that were entirely true, then there should be no reason for gold to be struggling against the pros...Read More

EU new car sales jump 14.5% in September

October 18, 2019 / www.metalbulletin.com

Demand for passenger cars in Europe jumped by 14.48% year on year in September 2019, the European Automotive Manufacturers Association (ACEA) said on October 16.New car sales in Europe totalled 1,249,403 vehicles in September this year, compared with 1,091,390 units sold in the corresponding month of 2018."To a large extent, this strong year-on-year growth is the result of a low base [for the...Read More

Why Global Investors Want Access To China's Gold Market

October 16, 2019 / seekingalpha.com

The Shanghai Gold Exchange has become the world's largest physical gold exchange less than 20 years after launching.China mines 11 percent of the world's gold, making it the world's largest gold producer.Two new futures contracts connecting CME Group gold futures to Shanghai Gold Exchange launched in October.By Debbie Carlson China has grown to become one of the biggest gold-trading markets, just...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok