"An early frost will turn this world upside down,"Read full newsRead More
The RSI for NUGT topped out north of 74 on an intraday basis last FridayThe Daily Gold Miners Index Bull 3X Shares (NYSEARCA:NUGT) is one of those leveraged exchange-traded funds (ETFs) that you've no doubt been warned about before. Although NUGT targets daily investment results equivalent to 300% the performance of the NYSE Arca Gold Miners Index (GDM), those leveraged returns tend to warp in une...Read More
Dollar index rally will give gold a much-needed consolidation period.China's industrial slowdown should bolster safe-haven gold demand.Despite gold's headwind, mining shares still enjoy a powerful tailwind.Gold is facing renewed headwinds in the form of a strengthening U.S. dollar and a comeback in equity prices. Yet despite these obstacles, an abundance of evidence shows that investors ar...Read More
* GRAPHIC-2019 asset returns: (Recasts, adds closing prices)By Zandi ShabalalaLONDON, June 18 (Reuters) - Copper jumped to a three-weekhigh on Tuesday after U.S. President Donald Trump said tradetalks with China would resume ahead of a meeting at the G20summit, raising hopes for a resolution to the damaging conflict.The tit-for-tat trade war between the world's top twoeconomies has sapped demand f...Read More
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More
". @Rewardminerals is a potash-focused advanced-stage exploration and development company listed on the Australian Securities Exchange (ASX Code: RWD). We are pleased to welcome them on stage at the #MJS conference next week. Register here: https://t.co/qhqmCphM6E"Read full newsRead More
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...Read full newsRead More
VANCOUVER, CANADA, Voleo Trading Systems Inc. (TRAD: TSX-V) ("Voleo", the "Company"), is pleased to announce the appointment of Ms. Morgen Sullivan as VP Growth and Mr. Chitman Uppal as VP Compliance and Operations.Ms. Sullivan joins the Voleo team with an extensive legal background in developing strategies to progress company initiatives and advanced leadership with cross-functional teams. Ove...Read More
How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More
The reflation trade got a shot in the arm ahead of a big Fed meeting Tuesday and Wednesday. We tackle the question of whether the rally can last in this week's edition of Insights. Meanwhile, our Broadcast of the Week sets the stage for the long-awaited decision by Ottawa on the fate of the Trans Mountain pipeline. Finally, our insider of the week has been buying up shares in an oil patch company...Read More
Gold broke above $1,350 an ounce last Friday and gold miners tested their 52-week high on growing geopolitical tension.Paul Tudor Jones, hedge fund manager, told Bloomberg that gold is his favorite trade in the next 12 to 24 months due to geopolitical disruptions.Trump is threatening to impose tariffs on $325 billion in imports from China, in addition to the approximately $200 billion that are alr...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended moderately higher Monday as investors moved cautiously heading into this week's Federal Reserve meeting and weighed renewed tariff threats from the White House. Facebook (FB - Get Report) shares advanced as investors prepared for Tuesday's "white paper" from the social media gi...Read More
Base metals traded on the London Metal Exchange made marginal gains by the afternoon kerb on June 17 buoyed by dovish whispers from the US Federal Reserve and a weakened US dollar index, with the exception of nickel and tin who made respective losses.The LME three-month nickel price has failed to capitalize on its uptrend from the previous day of trading, falling to around $11,760 per tonne in the...Read More
The tightness in copper concentrates supply and suspensions at major mines resulting from strikes and accidents have pushed treatment and refining charges (TC/RCs) for copper concentrates lower over the past two weeks.Fastmarkets' Asia-Pacific TC/RC index dropped to $54.10 per tonne/5.41 cents per lb on Friday June 14, its lowest since the index launched in June 2013. It was $56.10 per tonne/...Read More
Base metals prices on the London Metal Exchange were mostly suppressed during morning trading on Monday June 17 amid fragile risk sentiment. Continuing trade tensions between the United States and China and fresh geopolitical tension between the US and Iran, coupled with a slew of lackluster economic data from China, are capping any significant price gains."Whatever gains we seeing today are too m...Read More
The tightness in copper concentrates supply and suspensions at major mines resulting from strikes and accidents have pushed treatment and refining charges (TC/RCs) for copper concentrates lower over the past two weeks.Fastmarkets' Asia-Pacific TC/RC index dropped to $54.10 per tonne/5.41 cents per lb on Friday June 14, its lowest since the index launched in June 2013. It was $56.10 per tonne/...Read More
Key data from the pricing sessions in Asia and Europe for the week ended Friday June 14.China China silicon export prices were unchanged for the fourth consecutive week amid thin inquiries and sporadic spot activity. Tight silicon ore supply in Xinjiang province remains, however, some sources said that most silicon refiners in major production hub Yunnan province have started to resume...Read More
Key data from the pricing sessions in Asia and Europe for the week ended Friday June 14.ChinaKey drivers Domestic antimony price in China remained unchanged while suppliers' held offer prices relatively firm after the antimony branch of the China Nonferrous Metals Industry Association (CNIA) called major suppliers to cut production to stem a price fall at a meeting on June 1. Few domestic antimony...Read More
Turkish steel mills have continued to book deep-sea scrap cargoes while prices fall amid oversupply, sources said on Monday June 17.A steel mill in the Iskenderun region booked a US cargo, comprising 10,000 tonnes of HMS 1&2 (80:20), 18,000 tonnes of shredded, 2,500 tonnes of plate and structural (P&S) and 2,500 tonnes of cut rebar at an average price of $289 per tonne cfr. Fastmarkets calculates....Read More
The price of Turkish domestic auto bundle scrap has fallen over the past week in line with the downturn in imported scrap values, sources said on Monday June 17.Four steel mills have reduced their buying prices for auto bundle scrap by TRY15-60 ($3-10) per tonne over the past seven days, following the lower priced deep-sea deals heard in the market.Long and flat steel...Read More