"While the price of gold hit a six-month peak, the precious metal was also on track to enter into its first annual decline since 2015. https://t.co/M2HyR5gDMP #Investing #Resource #Gold"Read full newsRead More
An Australian mining company wants to expand its mine in South Carolina because they have found more gold.Read full newsRead More
Despite the government shutdown, now in its fifth day, the water-treatment plant that cleans mine waste from the Gold King Mine will not cease...Read full newsRead More
We are starting the New Year off with two encouraging developments for Canadian mid-cap oriented stocks. Not only has the INK Canadian Insider (CIN) Index outperformed the S&P/TSX 60 Index over the past month, but our INK Indicator is also showing potential signs of peaking, something that tends to develop near a base in stock prices.Last spring, we were head faked by insider enthusiasm towards g...Read More
"Check whos ready for the #Drink #Market!! CROP Corp is developing Cannadrink with Naturally Splendid! https://t.co/ZxSd8x5npD And who'd they bring on?? Former Coca-Cola branding executive Arashdeep Singh! $NSP #Marijuana #Cannabis #edibles #weed $WEED $ACB $CROP #cola"Read full newsRead More
There's a few "sneaky" tricks Wall Street doesn't want made public.While pretending to be pillars of investing intelligence and integrity...The richest, most influential billionaires on Wall Street are secretly manipulating the market - and they don't care who gets hurt in the process.It's nothing personal...They have multi-million dollar bonuses to collect and high-rise condos to buy their mistre...Read More
The NDX just underwent its annual rebalance, with six companies removed from the list and six companies addedThe Nasdaq-100 Index (NDX) is made up of the largest non-financial companies. The index recently underwent its annual rebalancing, adding six companies and removing six. The tables below show the six additions and removals, along with their 2018 return and analyst "buy" percentages from Zac...Read More
Don't miss this "hidden" trendline for the long-term Treasury trackerSimultaneous with bond yields cooling dramatically from the highs that rattled investor sentiment earlier in the fourth quarter, the iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) has staged a comeback from its Nov. 2 four-year closing low of $112 (at which point the exchange-traded fund was down 11.7% on a year-to-date basis)....Read More
A little post-Christmas love from Santa Claus to end 2018 won't be enough to turn the tide for an ugly December and a brutal 2018 that cut across a broad swath of Wall Street, ranging from stocks to commodities. Indeed, while investors had spent much of the long-running bull market in stocks arguing that "there was no alternative" to equities, the past year saw investors lament that there was "now...Read More
An Australian mining company wants to expand its mine in South Carolina because they have found more gold.Read full newsRead More
A summary of base metals premiums from across the globe for the week to Monday December 31.Note that in line with our publication schedule, the weekly base metal premiums table is...Read More
While base metals prices began the first quarter of 2018 following the uptrend from the previous year, the advent of sanctions, global trade tensions and tariffs - notably Section 232 - swiftly became a focal point in what became a year of volatile price action.In addition, a broad trend of depleting LME stocks further exacerbated choppy price action, while strength in the US dollar index above th...Read More
Base metals on the London Metal Exchange were predominantly lower at the close of trading on Monday December 31, consolidating lower despite slight upticks in equity markets and a continued easing in the US dollar index. The worst affected of the day, the three-month lead price closed around 2% lower but remains supported above $2,000 per tonne amid a multi-year low in total LME inventory. &n...Read More
McClellan Financial Publications, IncPosted Dec 31, 2018December 27, 2018The big bounce day on Dec. 26, 2018 saw NYSE Up Volume of more than 10x the amount of Down Volume, distinguishing it as a “10-1 Up Volume Day”.These are pretty special days, because they do not come along very often.They are also special because the interpretation of what one of them means depends on the context i...Read More
The latest news and price moves to start the Asian day on Tuesday January 1.Base metals on the London Metal Exchange were predominantly down at the close of trading on Monday December 31, consolidating lower despite slight upticks in equity markets and a continued easing in the US dollar index. Read more here in our live futures report.Here is how prices looked at the close of...Read More
The fob Australia alumina index declined below $400 per tonne on December 31, hitting its lowest level since March 2018 following the last Nalco tender of the year concluding at $396.21 per tonne. Fastmarkets' benchmark daily fob Australia index was calculated at $396.84 per tonne on Monday, edging down from $405.83 per tonne on Friday December 28. Key driversThe index level is now 43% lower than...Read More
The treatment charges (TCs) paid for zinc concentrates continued to climb in December, while the market closed out a highly volatile 2018 at multi-year highs.Fastmarkets assessed the spot TCs for zinc concentrates at $210-230 per tonne basis cif China on December 28, the highest recorded since pricing began in December 2014.Zinc TCs have skyrocketed from decade lows in April after smelters in Chin...Read More
Please Note: US markets are closed tomorrow for New Year's Day. CloseGain/LossGold $1282.20+$2.20Silver$15.47+$0.10XAU70.66+1.41%HUI160.58+1.54%GDM588.56+1.55%JSE Gold1375.75+7.84USD96.14-0.24Euro114.59+0.12Yen91.23+0.39Oil$45.41+$0.0810-Year2.683%-0.036T-Bond146.125+0.59375Dow23327.46+1.15%Nasdaq6635.28+0.77%S&P2506.85+0.85% The Metals: Gold gained $4.10 to $1284.10 in London before it d...Read More
Key data from the pricing session in Shanghai on Friday December 28. Key drivers- The fob China grade-553 silicon price was unchanged amid thin inquiries and trades. - Suppliers adopted a "wait-and-see" stance due to squeezed profit margins. - Following a round of stockpiling in the past couple of...Read More
The Turkish deep-sea scrap import price has gone down by around $6 per tonne on Monday December 31 following the news of a booking of a fresh deep-sea cargo.A steel mill in the Iskenderun region booked a Baltic Sea cargo, comprising of HMS 1&2 (80:20) at $283 per tonne and P&S at $295 per tonne cfr on Saturday December...Read More