Baidu will report earnings after the close on MondayU.S.-listed Chinese stocks are higher across the board today, after China's state planner outlined plans to boost disposable income this year and next, in order to spur a stalling economy. At last check, China-based search engine Baidu Inc (NASDAQ:BIDU) was up 0.7% to $95.02, shaking off a price-target cut from J.P. Morgan Securities to $110 fro...Read More

We have heard from so many of our followersand members regarding our precious metals calls and research articles.  Additionally, many of our members andfollowers have recently asked us about our August 19 breakdown prediction forthe US/Global markets.  In this researchpost, we’ll highlight some of our expectations for the precious metals and howthat relates to the potential August...Read More

Applied Materials' CEO said the memory chip market is unlikely to recover in 2019Chip concern Applied Materials, Inc. (NASDAQ:AMAT) is sinking this morning, after CEO Gary Dickerson said a recovery in the memory chip market is unlikely before 2020. Dickerson also said that he expects2019 revenue to come in about one-third lower than the previous year. This is overshadowing the chipmaker's fiscal...Read More

Turkey's military pension fund, OYAK, has reached a provisional agreement to buy steelmaker British Steel, OYAK said on Friday August 16. OYAK is the biggest shareholder of Turkey's largest steel producer, Erdemir Group, and this agreement is a step toward in its goal to become a regional leader in steel sector, OYAK said. British Steel entered into compulsory liquidation in May 2019 and rece...Read More

The Eurasian Economic Commission (EEC) will impose a quota for hot-rolled flat steel imports to members of the Eurasian Economic Union (EEU) for one year starting from December 1, 2019.The EEU countries are Russia, Belarus, Armenia, Kazakhstan and Kyrgyzstan. The total quota for the EEU bloc will be 1.33 million tonnes, the EEC announced last week.Volumes exceeding the quota will be a subject to a...Read More

The bear note has the shares testing a key trendline todayGoldman Sachs downgraded Hexcel Corporation (NYSE:HXL) to "sell" from "neutral," and cut its price target by $2 to $73 -- a discount to last night's close at $80.49. The analyst in coverage called HXL's valuation "stretched," and warned of a potential deceleration in growth.Goldman's bear note marks the first "sell" rating for the industria...Read More

Housing starts fell for the third straight month in July Dow Jones Industrial Average (DJI) futures are trading well above fair value, as the blue-chip index looks to end a volatile week on a bright note and build on yesterday's positive momentum. Bouncing Treasury yields are easing concerns about a global recession for now, with the 10-year Treasury yield last seen at 1.56%. On the trade front, P...Read More

DDS shares have been getting crushedLooking at this morning's stock market news, two names making notable moves are retailers Dillard's, Inc. (NYSE:DDS) and TJX Companies Inc (NYSE:TJX). Here are the numbers to know for the shares of DDS and TJX today.DDS stock is generating headlines because of the company's earnings release, which is set to spark a massive sell-off. The security is trading down...Read More

The three-month price of nickel on the London Metal Exchange remained elevated at the close of trading on Friday August 16, retaining gains made at Thursday's close above the $16,000 per tonne support level, while a weak LME tin price could see the two prices converge.Nickel's three-month price closed trading at $16,200 per tonne, holding at a five-year high achieved on Thursday, while tin futures...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 346,22356,13347,458136,823460,550530,504564,141 Change from Prior Reporting Period -4,335-1,880-2,447-187-785-6,969-5,112 Traders 23262785758315175 Small Speculators LongShortOpen Interest 63,45829,821593,962 614-1,243-6,355 non reportable...Read More

The major gold miners' stocks have soared in recent months, fueled by gold's decisive breakout to new bull-market highs. Nothing motivates traders like performance, so interest in this long-neglected sector has exploded. While gold stocks' technicals and sentiment have greatly strengthened, their just-reported Q2'19 results reveal whether their underlying fundamentals support their powerfu...Read More

By: Gary SavageGold into a resistance zone. Last line of defense for a gold bullion bank trapped and squeezed in a short position? Gold anticipating another Fed rate cut?Gary SavageRead More

Recorded August 14th, 2019. * Mp3 format.HighlightsTrends Research Institute's Gerald Celente returns with more good news for PMs aficionados. The original trends researcher correctly called the market breakout on June 6th. His model suggests a retest of the previous all-time record high around $1,900 is likely. $2,000+ gold is possible due in part to the nascent Great Recession 2.0, circa 20...Read More

Gary TanashianAmazing isn't it? It was only back in H2 2018 when everybody but you (because you are as smart as I think you are or because you read NFTRH or nftrh.com) and me was unbelievably bearish about the TREASURY BOND BEAR MARKET!!!Today... not so much. The herd is absolutely pile driving bonds right now.I know this all too well because while my SHY (cash equiv.) position is doing we...Read More

By: Ira EpsteinI've stopped believing Trump when he talks about China/trade. Mexico cut its interest rate. Europe nearing its bazooka round of cuts and more. Gold has been acting as a safe-haven. I think the interest rate scare is a big part of this move in gold..Read More

Trend for gold and silver is bullish. Better than expected US retail sale numbers did not result in correction. Some section of traders are expecting an interest rate cut next month. China will retaliate against US trade tariff. I am not writing big lines. Positive economic news has not resulted in correction in gold prices. Momentum is very bullish. Look for signs of small $15-$20 correction in...Read More

Domestic prices for secondary steel billet in India spiked up by at least 1,600 rupees per tonne mid-week to 27,200-27,400 rupees ($380-383) per tonne ex-works, on increased numbers of inquiries, but ended on Friday August 16 with only a marginal week-on-week increase of 100 rupees per tonne as inquiry levels dwindled.The price of steel billet, domestic, ex-works India,was assessed by Fastmarkets...Read More

Ferrous scrap prices were down or unchanged in all of the major markets during the working week ending Friday August 16, following limited trading and poor demand after a pause in market activity for a religious holiday.The Eid al-Adha holiday subdued trading in Turkey and other Middle Eastern countries as well as the markets where they trade. Trading activity remained slow for the remainder of th...Read More

An overview of the battery raw materials markets and their latest price moves.Read More

Gold has made an incredible move in recent weeks, but it wasn't an easy journey getting to this point for traders and investors.GLD is a good example of how to understand and trade a consolidation market.There is no shortage of fundamental data supporting the gold market.Gold is due for a pause, but higher prices are the likely path in the long term.While many traders seek instant gratificatio...Read More