Jordan Roy-Byrne CMT, MFTALast week was another strong one for the precious metals sector. Gold gained a whopping $51/oz or 3.5%. The gold stocks (GDX, GDXJ) advanced by roughly 6%. Silver gained 4%.Momentum in the sector began to build once Gold surpassed resistance at $1420-$1425/oz. We had noted the lack of resistance from $1425 to $1525-$1550/oz. Gold has not reached $1550/oz yet but as it...Read More
Captain EwaveGOLD: Short Term Update Short Term Update: In the overnight session we moved lower early to reach a low of 1499.40, but gold has now surged up to the 1520.00 level! On the intraday chart the drop from 1522.40 to the current low of 1499.40 looks to be a small corrective pattern. If it is complete at the 1499.40 low then gold is now heading above the 1522.40 level....Read More
SRSrocco While the gold and silver prices have broken out higher, precious metals investors are wondering if the rally will continue throughout the rest of the summer. Since the beginning of June, gold has gone up $250 while silver has increased $3. Gold is now trading above $1,500 for the first time since 2013 and silver has finally penetrated a key resistance level held for the past six y...Read More
By: Ira EpsteinGold's 18-DMA moving higher, today in the $1460's. Gold show bullish signs:Read More
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AAPL shares were atop the Dow by day's endStocks got a shot in the arm today, thanks to news the Trump administration plans to delay some tariffs previously expected to go into effect in September. President Donald Trump admitted to the press that the move was meant to take the burden off consumers during the holiday season, and the news was a boon to the tech sector in particular, with Apple (AAP...Read More
Management of SIRIOS (TSXV:SOI) is pleased to announce it is resuming the exploration work on the Aquilon high-grade gold property at Eeyou Istchee James Bay, Quebec.Read full newsRead More
AAII bears doubled from a week earlierIt's been a rocky month so far for the U.S. stock market. After hitting an all-time high above 3,000 in late July, the S&P 500 Index (SPX) plummeted to a two-month low in early August, amid concerns about the U.S.-China trade war, future Fed policy, and a global recession. Against this backdrop, several sentiment indicators are lighting up-- and here's what th...Read More
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"Vanstar Announces 1.26 g/t Au Over 123.7 Meters on the Nelligan Project -- #vanstar #vsr #nelligan $vsr #iamgold #img $IMG #gold #momentumstocks #hotstocks #exploration @vanstar_vsr #iamgold --Read the News Release here: https://t.co/9j8vaXhpcu"Read full newsRead More
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News the U.S. will delay some Chinese tariffs is boosting U.S. stocksThe U.S. stock market is surging today on reports the U.S. will delay additional tariffs on several Chinese goods ahead of the holiday shopping season. The retail sector in particular is rallying on the news, with Walmart Inc (NYSE:WMT), American Eagle Outfitters (NYSE:AEO), and Best Buy Co Inc (NYSE:BBY) among some of the bigges...Read More