The brokerage firm expects 20% upside from the yoga apparel nameShares of Lululemon Athletica Inc. (NASDAQ:LULU) are inching their way higher this morning, up 0.2% at $189.75 in electronic trading. Behind the positive shift is a bull note out of Piper Jaffray in which the firm initiated coverage with an "overweight" rating and $227 price target, implying expected upside of 20% to Friday's close....Read More
Weak German and eurozone factory data is weighing on stock futuresFutures on the Dow Jones Industrial Average (DJI) are churning below fair value this morning, as disappointing manufacturing data out of Germany reignites concerns of a slowing global economy. Data from IHS Markit also showed a sharp slowdown in eurozone factory activity in August, too. U.S.-China trade headlines continue to swirl,...Read More
We anticipate using further setbacks as an opportunity to re-establish full positions using 5,000 COMEX silver options.The first thing one notices when looking at a weekly gold chart is how much further along it is than its poorer cousin.Sugar, coffee and cotton are all within striking distance of ten-year lows.We knew it was coming... The correction in the precious metals we talked about in our l...Read More
Multiple signs point to a possible VIX spike on the horizonThe S&P 500 Index (SPX - 2,992.07)flirted with the July all-time highs last week as we made it through a quad-witching options expiration and the Federal Open Market Committee (FOMC) decision relatively unscathed, but the market still seems to be paranoid that all is not right within the economy. This nervousness could be festering because...Read More
The Gold Shares ETF stayed above its monthly pivot at $138.57 last week as the weekly chart remains positive but overbought.The Commodities ETF broke out above its "reversion to the mean" at $15.41, which then held on weakness after trading as high as $16.26 last week.The Long Dollar ETF failed at its monthly risky level at $26.99 at the Sept. 3 high, but remains well above its annual an...Read More
With the price coming back above the average price of $1508, it activated a S1 target of $1524 to a S2 of $1548.A second close below $1508 will activate the B1 of $1484 to B2 of $1468.Traders who go long, use $1508 as your protective level on a close below using the 15-minute bar.Gold: Looking Forward If we look at the weekly indicators, the market after the Fed rate-cut announcement collapsed to...Read More
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A downturn in global ferrous scrap prices and negative sentiment in most global steel markets continued to drag down billet prices during the working week from Monday September 16 to Friday September 20.Export prices for steel billet from the Commonwealth of Independent States region have been under pressure from weak demand and falling scrap prices internationally, which lead mills in the region...Read More
A downturn in global ferrous scrap prices and negative sentiment in most global steel markets continued to drag down billet prices during the working week from Monday September 16 to Friday September 20.Export prices for steel billet from the Commonwealth of Independent States region have been under pressure from weak demand and falling scrap prices internationally, which lead mills in the region...Read More
Here are five Fastmarkets MB stories you might have missed on Friday September 20 that are worth another look.Uptrends in the spot aluminium premiums in Rotterdam have faltered with backwardations in the London Metal Exchange December/three-month and January/three-month spreads starting to put material pressure on the physical market.Some large Chinese metal scrap buyers that have been granted imp...Read More
Here are five Fastmarkets MB stories you might have missed on Friday September 20 that are worth another look.Uptrends in the spot aluminium premiums in Rotterdam have faltered with backwardations in the London Metal Exchange December/three-month and January/three-month spreads starting to put material pressure on the physical market.Some large Chinese metal scrap buyers that have been granted imp...Read More
Multistreaming with https://restream.io/Hey guys and gals,- CHECK OUT OUR WEBSITE - https://www.golfclashtommy.comWelcome to todays stream. Make sure that you hit the thumbs up. Dont hesitate to interact in chat to ask questions and have fun.www.patreon.com/golfclashtommy for training sessions and textguides.Dont forget to subscribe!Business email,tommylofberg@gmail.comFacebook group: https://www....Read More
Avanza la Reforma que privilegia a toda la CNTE, el Pleno de la C??mara de Diputados aprob?? la Ley general de educaci??n. COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twitter.com/Excelsior_MexSitio: http://www.excelsior...Read More
Bob Moriarty ArchivesSep 23, 2019Since the “attack” on the Saudi oil facilities some important details have been filled in, much like a paint-by-number oil. Certainly we have sufficient information to make reasonable guesses as to what really took place just over a week ago on the 14th of September.We are told an attack by drones/cruise missiles took out half of Saudi Arabia’s oi...Read More
US and Chinese negotiators held "productive" talks late last week, Bloomberg reported, with China's planned US farm visit cancelled at the US's request for separate reasons, according to people familiar with the matter.Spot gold was above US$1,516 an ounce on the spot market earlier and silver is about $18.25/oz, as geopolitical tensions simmer following the recent attack on Saudi oil facilities.M...Read More