"Secretary Esper is looking at the Joint Enterprise Defense Infrastructure (JEDI) program. No decision will be made on the program until he has completed his examination."Continue...Read More

Gold against foreign currency basket nearly closes at a monthly all time high. What does it mean going forward?Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as TheDailyGold Global...Read More

"US manufacturing has entered into its sharpest downturn since 2009, suggesting the goods-producing sector is on course to act as a significant drag on the economy Continue...Read More

Production, costs, guidance and financials of this miner are reviewed in this CIBC report. Gold barsIn a July 30 research note, CIBC analyst Cosmos Chiu reported that Alacer Gold Corp.'s (ASR:TSX; ALACF:OTMKTS; AQG:ASX) "Q2/19 results included solid production and better-than-expected sales that drove an earnings per share beat."Chiu reviewed Alacer's production and related cost during Q2/19. The...Read More

Recent results include the best drill intercepts there to date. Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) announced in a news release it confirmed through drilling a 1-kilometer-long, northwest-trending, high-grade oxide gold zone at Black Pine in Idaho."The new drill results represent some of the best and highest grade unmined drill intercepts on the property, as measured by grade multiplied by...Read More

Recent drill results prompted mobilizing a second rig to boost exploration efforts. Tudor Gold Inc. (TUD:TSX.V; TDRRF:OTCMKTS; TUC:FSE) announced in a news release that its phase 1 drilling in the Goldstorm zone of its flagship Treaty Creek project yielded encouraging results. The best near-surface intercept obtained so far at the Golden Triangle property in British Columbia came from diamond hol...Read More

Based on the results, this Canadian company will continue advancing this project in Idaho. Otis Gold Corp. (OOO:TSX; OGLDF:OTCMKTS) announced in a news release the preliminary economic assessment (PEA) on its Kilgore gold project in Idaho is done and shows "highly attractive economics."The report outlines an open-pit, heap-leach operation producing 112,500 ounces of gold per year over a 4.9-year...Read More

The energy sector will play a major role in bolstering steel plate prices in the remaining months of 2019, a source close to a leading Japanese steelmaker told Fastmarkets this week. "There has been a surge in demand from end users in the energy sector, including major oil and gas companies," the source said. The demand for steel plates is coming from oil and gas projects in the Sea of Mexico, Aus...Read More

The iron ore market continued to trend upward in July, with prices for 62% Fe materials rising to $120-per-tonne levels, which have not been seen since February 2014. Steady demand for steel products sustained prices for iron ore, and even production curbs in China's steelmaking hub of Tangshan implemented last month to improve air quality did not reverse the direction of the market, several sourc...Read More

President Donald Trump again shook markets with his Twitter feedAfter spending the first half of the day in positive territory, stocks fell off a cliff following President Donald Trump's tweets that the U.S. will be placing 10% tariffs on $300 billion ofgoods coming from China. The Dow was up more than 300 points at its intraday peak on hopes for more rate cuts, but ultimately closed with a nearly...Read More

Meanwhile, UnitedHealth helped MYGN shoot to the top of the Nasdaq After surging higher earlier on renewed hopes for another Fed rate cut, the major stock market indexes are sinking on a round of new tariffs on Chinese goods. Three names to watch in the meantime are healthcare stocks Myriad Genetics, Inc. (NASDAQ:MYGN) and Abiomed, Inc. (NASDAQ:ABMD), as well as oil issue Whiting Petroleum Corp (N...Read More

One trader is rolling their call optionsThe second-best Dow stock today is IBM Corp (NYSE:IBM), up 2% to trade at $150.63 today. This comes after Morgan Stanley resumed coverage of the tech icon with an "overweight" rating and $170 price target. Plus, the upgrade has triggered unusual activity in IBM's options pits. More specifically, IBM has seen almost 45,000 call options change hands today -...Read More

Unfortunately Boeing is now heading into a time of historical weaknessWe've taken a hard look at how stocks perform in August, and two names that stood out were Boeing Co (NYSE:BA) and Juniper Networks, Inc. (NASDAQ:JNPR). The shares of BA and JNPR are important in particular because both stocks have already been in a slump. As such, let's take a look at the historical data to see what we might ex...Read More

The pharmacy concern will report next weekCVS Health Corp (NYSE:CVS) will report second-quarter earnings after the close on Wednesday, Aug. 7. Ahead of the event, it looks like one options trader may be betting big bucks on a post-earnings pop for the pharmacy chain.CVS has seen roughly 36,000 calls and 28,000 puts change hands already today -- more than double the average intraday volume, and on...Read More

Silver, the precious metals coiled swing has just given us a taste of what to expect as the price shot higher during July, last trading at $16,56, up 12% since my analysis of 10th June ($14.74). Silver had been lagging the gold price all year, even entering into a downtrend early July that resolved in a $2, 15% surge higher as the following Silver / Gold graph illustrates. My analysis of 11th June...Read More

Hasbro stock saw an impressive bull gap in late JulySubscribers to Schaeffer's Weekend Trader Series options recommendation service just scored a 100% profit on the Hasbro, Inc. (NASDAQ:HAS) October 100 call trade. Below, we'll explain the factors that went into this options trade hitting its expected target, leaving speculators with a big win.We initially recommended the call to subscribers on S...Read More

PreambleLet's start by defining investment and speculation, and for thispurpose, I have used Investopedia:An investment is an asset or item acquired with the goal ofgenerating income or appreciation.Speculationrefers to the act of conducting a financial transaction that has substantialrisk of losing value but also holds the expectation of a significant gain orother major value. Precious metal...Read More

- Ronan Manly, Bullion StarThe US Federal Reserve's Federal Open Market Committee (FOMC) today announced a 0.25% cut in the influential US federal funds rate from a target range of 2.25% - 2.50% to a target range of 2.00% - 2.25%, a move which was closely watched and widely signaled, but which was the first such fed funds rate cut in over 10 years.As an official interest rate which affects...Read More

Nektar Therapeutics reports earnings next ThursdayA big winner out of the healthcare sector today is Nektar Therapeutics (NASDAQ:NKTR), after the Food and Drug Administration (FDA) granted "breakthrough" therapy status to the company's lead cancer drug for melanoma. NKTR is up 5.1% to trade at $30.33 at last check, on track for its best day in two months. The FDA's decision is notable considering...Read More

By: Ira EpsteinThis was an insurance rate cut. US is just starting to embark on easing rates. World economies race to bottom. One after another coming. What about gold? A strong dollar is not gold's friend, but don't fret..Read More