Our research team has been nailing some really great trades recently in Gold, Silver, Crude Oil, ETFs, and many other market segments. Some of these trades have resulted in fantastic gains of +10% to +20% for our members. One trade in particular that we called back in July was the Energy trade in Crude Oil and ERY. Specifically, we suggested that Crude Oil would fall based on our...Read More
The Fastmarkets MB 65% Fe Brazil-origin iron ore fines index, first published in January 2014, was launched with a six-month published price history. This data, dating to August 2013, was calculated internally prior to the index's launch. Due to a technical issue, the data series found in Price Book and Fastmarkets' Excel Add-In only extended to July 2014. The full history, including the extended...Read More
JinkoSolar is seeing a shift lower before earningsSolar panel manufacturer JinkoSolar Holding Co., Ltd. (NYSE:JKS) is moving slightly lower this afternoon, last seen down 0.2% at $19.75. This is a rare occurrence for the shares,as over the past year the stock has tacked on almost 45%. Plus, with help from its rising 160-day moving average and coinciding $18 level, JKS has seen support during its...Read More
China earlier said it would take a "calm" approach to trade negotiationsThe Dow Jones Industrial Average (DJI) has tacked on over 280 points at midday, as China's comments about going forward on trade negotiations with a "calm" attitude continue to bolster investor sentiment. In addition, President Donald Trump told Fox News Radio that there's a trade "talk scheduled for today at a different leve...Read More
The brokerage firm boosted its CASY price target, thoughRBC downgraded Casey's General Stores Inc (NASDAQ:CASY) stock to "underperform" from "sector perform," with the analyst in coverage expressing concern over valuation, and saying the Iowa-based convenience store chain is facing headwinds from the farm economy and increasing competition. Following CASY stock's long-term climb up the charts, tho...Read More
The most important part of investing is knowing if you are in a bull or bear market. It’s always much easier to trade in the direction of the main trend. There are times when a market is reversing from bull to bear or vise versa that there is not a lot of confirmation the turn has completed which leaves one apprehensive about getting fully invested. The more clues you can get that the major...Read More
Due to a technical issue, Fastmarkets MB's 65% Fe Brazil-origin iron ore fines index data series found in the Fastmarkets Excel Add-in had some missing data. The missing data was scattered from November 2014 to March 2015.The missing data was from November 26, 2014 to December 5, 2014; December 16, 2014; from December 22, 2014 to January 5, 2015; January 16, 2015; and from January 19, 2015 to Marc...Read More
Results from UBS suggested more households than expected plan to subscribe to Disney+The shares of Walt Disney Co (NYSE:DIS) are trading higher today following positive results from a recent survey regarding the entertainment powerhouse's Disney+ streaming service. Specifically, the projections for the number of U.S. households that plan to subscribe to Disney+ looks to be more than double what th...Read More
The semiconductor sector is up today on trade tailwindsThe semiconductor sector is probably the biggest benefactor to China's optimistic trade rhetoric this morning. Chip stocks are higher across the board, but let's take a look at three in particular: Advanced Micro Devices (NASDAQ:AMD), Micron Technology, Inc. (NASDAQ:MU), and Nvidia Corporation (NASDAQ:NVDA).At last check, Advanced Micro Devi...Read More
Silver is now ready to follow gold andsuccessfully signal its bull market. In fact, it is important that silver doso, in order to provide another confirmation that gold’s recent rally is“real”.The following technique (as presented previously) could provide a way to track silveruntil it provides that clear bull market signal.Below, is a long-term silver chart: On the chart, I have...Read More
The retailer reported better-than-expected same-store sales, tooDiscount retailer Dollar Tree, Inc. (NASDAQ:DLTR) stock has risen 3.4% this morning to trade at $103 -- looking to clock its fourth straight win -- after the firm shared second-quarter revenue and same-store sales that exceeded analysts' estimates. Dollar Tree also lifted its yearly forecast, though that doesn't assume the impact of i...Read More
The three-month price of nickel traded on the London Metal Exchange continued to outshine the rest of the base metals complex on Thursday August 29, up by 2.3% at the close to $16,445 per tonne, compared with yesterday's close at $16,085 per tonne.The LME cash/three-month nickel spread continued to trade in its widest backwardation for 12 years, at $99 per tonne at the close of trading, a marginal...Read More
The latest second-quarter GDP reading met expectations Dow Jones Industrial Average (DJI) futures are roaring this morning -- putting the blue-chip index on track to build on yesterday's retail-fueled rally -- amid upbeat U.S.-China trade headlines. With President Donald Trump's latest round of tariffs on Chinese goods set to go into effect this Sunday, Sept. 1, Gao Feng of China's Commerce Minist...Read More
A look at this morning's biggest movers on Wall StreetThree stocks to watch this morning because they're making big moves on the charts are Appliance Recycling Centers of America, Inc. (NASDAQ:ARCI), Solid Biosciences Inc (NASDAQ:SLDB), and Box Inc (NYSE:BOX). Let's jump right into the action and see how ARCI, SLDB, and BOX shares are trading early on. ARCI is one of the biggest pre-market winners...Read More
Turkish steel billet prices have gone down over the past week in line with falling scrap values and limited demand for the material, sources said on Thursday August 29.Fastmarkets' weekly price assessment for steel billet, import, cfr main port Turkey, was $395-405 per tonne on Thursday, down from last week's $410-415 per tonne cfr.The suppliers in the Commonwealth of Independent States (CIS) have...Read More
Here are five Fastmarkets MB stories you might have missed on Thursday August 29 that are worth another look.The three-month nickel contract continued to outshine the rest of the London Metal Exchange base metals complex, rising by 2.3% at the close of trading on Thursday August 29.The iron ore market will be watching the rollout of China's policies and Chinese buyers' procurem...Read More
RambusThe most important part of investing is knowing if you are in a bull or bear market. It's always much easier to trade in the direction of the main trend. There are times when a market is reversing from bull to bear or vise versa that there is not a lot of confirmation the turn has completed which leaves one apprehensive about getting fully invested. The more clues you can get that the majo...Read More
By: Ira EpsteinGold needs to hold $1,535.30 to hold strong uptrend, support also at 18-DMA near $1,520. $1,556-1,565 resistance on the December gold futures contract:Read More
Are rates on the Ten-Year Note finally bottoming? Quite possibly, according to technical indicators that we monitor closely. T-Notes touched a low last week of 1.47% after plummeting almost relentlessly from 3.49% last November. GDP was running at around 3% back then, and almost no one other than a few hardcore deflationists, your editor among them, saw rates on the Ten-Year falling below 2%....Read More
There is still some apprehensions over the sustainability over the rise in silver price. Most investors (in my view) prefer gold over silver. Even my elder brother does not like to invest in silver. The reason is that four years ago he had invested in physical silver at Rs.53,000 per kilogram and the price is yet to come. Gold's preference over silver will continue among old traders and investor...Read More