Bob Moriarty of 321gold presents the investment thesis for this mining firm. If you are smart enough to remember how to fall off a bicycle, you qualify as wise enough to be buying shares in Calibre Mining Corp. (CXB:TSX.V; CXBMF:OTC.MKTS). It's that easy.B2Gold Corp. (BTG:NYSE; BTO:TSX; B2G:NSX), run by Clive Johnson, is a $4 billion company. They had two gold mines in Nicaragua but have transiti...Read More

The monthly European alloy steel surcharges for November for grade-316 stainless flat steel products have decreased because of lower molybdenum costs, Fastmarkets heard on Friday November 1.Fastmarkets' range for the stainless steel cold-rolled sheet, 316, 2mm, alloy surcharge, domestic, Europe, was ?,?2,497-2,581 ($2,786-2,879) per tonne on November 1, down by ?,?13-63 per tonne from October.Allo...Read More

October payrolls topped estimates, despite the GM strikeThe Dow erased yesterday's losses, tacking on over 300 points on better-than-expected employment data for October, despite the General Motors (GM) strike. In addition, investors cheeredreassuring news that the U.S. and China have reached a consensus in principle on trade, with the Chinese Ministry of Commerce touting"serious and constructive"...Read More

A mixture of trends were forecast for steel, iron ore and coking coal prices in 2020 at the London Metal Exchange Ferrous Focus session this week."Steel is going to drift a bit lower, but not collapse," Citi research analyst Tracy Liao told delegates on Thursday October 31, "[and] iron ore will go quite a bit lower, whereas coking coal prices will go up." Liao said that wh...Read More

We also explore stocks you should buy and avoid in NovemberThe S&P 500 Index (SPX) started the week with a fresh record high after a slew of sunny earnings reports and amid optimism around U.S.-China trade. While that optimism subsequently waned amid reports China is worried about President Donald Trump's "impulsive nature," and after a key economic summit was cancelled, the index ultimately exte...Read More

The equity was upgraded to "outperform" at BairdThe shares of home health and hospice provider Amedisys Inc (NASDAQ:AMED) are soaring today, with at least one analyst applauding the recent Centers for Medicare & Medicaid Services (CMS) ruling. Specifically, Baird upgraded AMED stock to "outperform" from "neutral," and hiked its price target to $160 from $140, waxing optimistic on the CMS 2020 ruli...Read More

Both names recently hit new lowsThe U.S. stock market is soaring -- with the S&P 500 Index (SPX) fresh off a record high -- following this morning's jobs report. Among specific stocks making notable moves are oil-and-gas expert California Resources Corp (NYSE:CRC) and tobacco name Turning Point Brands Inc (NYSE:TPB). Here's a quick look at what's moving the shares of CRC and TPB.California Energy...Read More

Citi downgraded Costamare to "sell" from "neutral"Costamare Inc (NYSE:CMRE) has been on a roll lately, the stock just touched a one-year high of $8.29 earlier this week, and clocked a 29.5% for October, making it the ship manufacturer's biggest monthly gain in over 10 years. This rally could be sputtering out soon though, according to Citi, which downgraded the equity to "sell" from "neutral," but...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 335,42358,90865,405176,997478,213577,825602,526 Change from Prior Reporting Period 12,506-4,877-1,7845,66811,52716,3904,866 Traders 20575755651284182 Small Speculators LongShortOpen Interest 65,61740,916643,442 1,52413,04817,914 non report...Read More

The gold miners' stocks have surged in 2019, blasting higher after gold's first bull-market breakout seen in several years. That powerful summer rally left them really overbought, necessitating a correction to rebalance exuberant sentiment. That grinding consolidation lower has set them up nicely for their winter rally, this sector's seasonally-strongest time of the year. These seasonal...Read More

- Dave Kranzler"By sticking to the new orthodoxy of monetary policy and pretending that we have made the banking system safe, we are sleepwalking towards that crisis." - Mervyn King, former head of the Bank of England in a lecture at the IMF's recent annual meetingThe market levitates higher on phony economic data from the Government, Trump tweets, Fed money printing and hedge fund algorithms c...Read More

- Avi GilburtOriginally published on Sat Oct 26 for our ElliottWaveTrader members: While we have the minimum waves now in place to consider that the pullback/correction we have been tracking for the last two months has completed, and the market has clearly held the support we have outlined which we expected to hold during this pullback, questions still remain as to whether we can still see an...Read More

Gold has shrugged off the latest blather from the Fed and looks bound for at least 1536. Some Rick's Picks subscriber caught the move, and I'll show you how. T-Bonds have also caught fire and deserve a look.https://www.rickackerman.com/Read More

The gold miners’ stockshave surged in 2019, blasting higher after gold’s first bull-market breakout seenin several years.  That powerful summer rallyleft them really overbought, necessitating a correction to rebalance exuberantsentiment.  That grinding consolidationlower has set them up nicely for their winter rally, this sector’sseasonally-strongest time of the year.&n...Read More

By: Ira EpsteinMarkets spooked by impeachment, US-China Trade deal news. Gold is up over $15 for the week as of the close Thursday, on the daily chart, gold stuck in sideways short-term, resistance around swingline - DEC: $1520.90Read More

The brokerage firm issued the latest "buy" rating on the stockSarepta Therapeutics Inc (NASDAQ:SRPT) stock is up 4.3% today to trade at $86.63, after Guggenheim initiated coverage with a "buy" rating and a $183 price target -- a 120% premium to last night's close. This bull note comes ahead of the Duchenne muscular dystrophy (DMD) specialist's turn in the earnings confessional, slated for after th...Read More

The Nasdaq is on track for its fifth straight weekly winThe Dow Jones Industrial Average (DJI) looks ready to close out the week on a high note, up 240 points at midday. A blowout October jobs report is powering the upside, as payrolls easily beat estimates even amid a General Motors (GM) auto strike. The blue-chip index is also enjoying tailwinds from upbeat quarterly reports from energy giants...Read More

Brazilian iron ore export volumes and revenues dropped year-on-year in October due to supply disruptions, according to figures released by the country's economy ministry on Friday November 1.Export volumes of iron ore declined to 31.20 million tonnes in October, down by 16.1% from 37.19 million tonnes a year earlier.Iron ore shipments from the country fell this year in an annual comparison, becaus...Read More

The 1960s and 70s were decades of incredible social upheaval. Fed up with wars, governments out of touch with their ideals, authority figures who didn’t get them, the “flower children” of the '60s took to the streets to demand equal rights for women, civil liberties for black Americans, an end to President Johnson and Nixon’s Vietnam quagmire - all fueled by a powerful new...Read More

SYY stocks looks attractive from a contrarian perspectiveSysco Corporation (NYSE:SYY) shares earlier hit an all-time high of $80.99, and were last seen up 0.9% at $80.58, as the food distributor prepares to report earnings before the open on Monday, Nov. 4. SYY stock has added 28.6% year-to-date, and recent earnings history points to more upside for the security. That is, the stock has closed high...Read More