Cantor Fitzgerald said the firm is a leader in an "underappreciated field"The shares of biopharmaceutical concern Arvinas Inc (NASDAQ:ARVN) took a spill -- along with most of the stock market -- yesterday, as traders panned the company's quarterly earnings report. However, analysts at Cantor Fitzgerald aren't worried, initiating coverage of ARVN stock with an "overweight" rating and $42 price targ...Read More

INFN and DDD bears will be hoping for repeat performances from last quarterAs options traders, we're always checking in on volatility expectations. Three names with speculators pricing in post-earnings swings of more than 20% are Applied Optoelectronics Inc (NASDAQ:AAOI), Infinera Corp. (NASDAQ:INFN), and 3D Systems Corporation (NYSE:DDD). Here's some data around the shares of AAOI, INFN, DDD, as...Read More

Brazilian automotive output totaled 266,371 units in July, increasing by 8.4% from 245,641 units in the corresponding a year before, with the domestic market showing continued signs of strength, vehicle manufacturers' association Anfavea said on Tuesday August 6.New locally produced vehicle registrations totaled 218,492 units in the month, up by 14.9% compared with 190,151 units in July 2018. Grow...Read More

It was the Nasdaq's longest losing streak since the presidential electionStocks suffered their worst session of 2019 on Monday, as traders dumped equities for "safe havens" like gold amid the escalating trade war between the U.S. and China. What's more, it marked the sixth straight loss for the S&P 500 Index (SPX) and tech-heavy Nasdaq Composite (IXIC) -- their longest losing streaks since October...Read More

After a major trend change, it can be difficult for the majority of investors and market watchers to shift and adjust accordingly to the new trend.It’s no different in the current case of precious metals which, other than a huge rally in the first half of 2016 have been dead money for the majority of the current decade. Despite the newfound bullish fundamentals and bullish technical action,...Read More

All three major indexes are set to snap their losing streaks The Dow Jones Industrial Average (DJI) is modestly higher today, attempting to rebound from its worst day of the year. This bounce comes amid China's attempts to stabilize the yuan against the dollar, helping to ease concerns about the U.S.-China trade war. In addition, National Economic Council Director Larry Kudlow said the U.S. stil...Read More

Craig HemkeSince late May, the price of COMEX Digital Gold has been on a tear with a rally of over $200. Will this surge continue? Perhaps more importantly, can this surge continue?First of all, and so that we're on the same page, none of this should come as a surprise to regular readers. Since last November, we've been stating that 2019 would show the best gains for the precious metals since 20...Read More

1. Is China a currency manipulator? For one possible answer to this question, please click here now. My view is almost identical to Kyle's; China's government is manipulating its currency... higher!2. Trump's tariff tax obsession may be somewhat comical, but it is creating substantial weakness in China's currency. That's because foreign and domestic investors are moving significa...Read More

GoldCoreGold prices have surged in dollars and all currencies due to the escalation in the trade wars and a return to currency wars between China and the U.S.Gold in USD - 10 Years - GoldCore.comGold surged as much as 2% in dollars yesterday and has consolidated on those gains today. It is gold's highest level in dollars in more than six years (see chart) and gold reached all time record highs (...Read More

By Avi GilburtFor weeks, if not months, I have been reading one bearish bond article after another. In fact, many of these same writers have been arguing with me for months about the bond rally I expected back in November of 2018. One suggests that this rally is really a "fake," whereas another has been strongly suggesting that investors fade this rally, with many more supporting their opini...Read More

Richard (Rick) Mills The long-anticipated US Federal Reserve decision last Wednesday to notch interest rates downward was, like most of these over-hyped meetings, anti-climactic. Since the central bank in June hinted that a rate cut was in the offing, North American stock markets have trended up, but they took a hit on Wednesday following the Fed's decision to only lower rates by a quarter...Read More

By: Ira EpsteinGold's daily chart, set a bear trap last week. 18 week MA is $1,437 level. Base formed around $1,450 area..Read More

After the release of US July nonfarm payrolls, I thought I will be an easy week to trade and invest. Continuous flow of news like branding China a currency manipulator will only increase volatility. There is now no reason for crude oil to rise. Chinese slowdown and India slowdown should result in demand led price fall. To me crude oil prices should fall fifteen percent at least in the short term...Read More

Whilemotorists continue to enjoy the benefits of a longstanding supply glut in crudeoil, car manufacturers are becoming increasingly worried about shortages. Notin liquid fuels, but in metals.Theautomotive industry requires certain strategic, rare, and precious metals.Without them, batteries for electric cars wouldn’t function and catalyticconverters for gasoline engines wouldn’t work....Read More

Ford shares are trying to end a five-day losing streakThe shares of Ford Motor Company (NYSE:F) are up 1.7% at $9.40, after Morgan Stanley raised its opinion to "overweight" from "equal weight" and lifted its price target to $12 from $10. The brokerage firm believes the automaker's restructuring efforts are paying off and its fears about a dividend cut have diminished. What's more, the analysts ad...Read More

The firm also lifted its revenue guidance Insurance concern EverQuote Inc (NASDAQ:EVER) is eyeing its best day on record, after announcing second-quarter earnings and revenue that exceeded analysts' estimates. The firm said its 35% growth in revenue was sparked by "broad-based momentum and the strength of our data-driven marketplace." EverQuote also lifted its third-quarter revenue guidance and fu...Read More

Canada Goose stock fell to an annual low in early JuneThe shares of Canada Goose Holdings Inc (NYSE:GOOS) are up 2.9% to trade at $43.46 today, after D.A. Davidson called the retail stock's recent pullback a buying opportunity. The analyst pointed out that GOOS has "minimal exposure to U.S. tariffs on its sourcing from China," and that investors aren't "recognizing that the company is likely buyi...Read More

The PBoC set the yuan's reference point higher than expected today, cooling tensions Dow Jones Industrial Average (DJI) futures are signaling a positive session today, after yesterday's dramatic trade-induced sell-off produced the worst trading day of 2019. Futures are more than 100 points above fair value this morning, after the White House declared China a currency manipulator -- and in respon...Read More

A fund flow comparison on this wildly disparate pair of triple-leveraged ETFs is eye-openingIn case you neglected to tune into the second half of last week's trading, suffice it to say that investors were extremely skittish in the wake of Fed Chair Jerome Powell's post-interest rate cut remarks. After the top central banker described the much-anticipated easing move as a "midcycle adjustment," tho...Read More

Brazilian iron ore exports fell by 4.7% on the year in July, with Vale's successful resumption of some of its suspended operations slowing the rate of decrease in comparison with those a few months earlier, data released last week by Brazil's ministry of economy showed.The country exported 34.27 million tonnes of the steelmaking raw material last month, compared with 35.96 million tonnes a year ea...Read More