Boeing stock has had a volatile year on the charts, but remains up 12% in 2019Shares of airplane manufacturer Boeing Co (NYSE:BA) are moving lower this morning, after the company on Saturday announced the postponement of its new widebody 777x aircraft. Boeing said the cargo door failed a ground test, which comes just after a previous delay from General Electric's engine problems that were already...Read More
Chinese exports to the U.S. fell sharply last month Dow Jones Industrial Average (DJI) futures are trading above fair value this morning, as the blue-chip index tries for a fourth straight win. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also signaling higher starts to the first full week of trading this month. Amid a relatively light economic calendar -- a reading on July co...Read More
The "fear index" closed last week below two recently supportive trendlines"... [T]here has not been a steady stream of call buying relative to put buying on VIX futures like we saw ahead of the late-July/early August volatility surge that occurred when President Trump announced the U.S. would impose 10% tariffs on an additional $300 billion in Chinese goods..."One risk that I see is that volatilit...Read More
"#AAU on the potential expansion of its Red Rabbit #gold mine at the new discovery of mineralisation at Tavsan 5km to the north. Rock chip samples have returned encouraging grades. Follow up work underway, with metallurgical test work nearing completionhttps://t.co/rxBBDCL0W3"Read full newsRead More
"Good news for #RRR with a further Tshipi A$59m dividend on the way, 49.9% of which will go to Jupiter Mines' shareholders.#RRR's holding in Jupiter is worth ?3.6m, a premium to the company's market cap ?3.2m market caphttps://t.co/YsPPzGsNd1"Read full newsRead More
"#KIBO receives preliminary notice to proceed at Bordersley. Commercial commissioning of the 5MW gas-fuelled power plant is expected by the end of Q1 2020https://t.co/o8bkxIeKZm"Read full newsRead More
Here are five Fastmarkets MB stories you might have missed on Friday September 6 that are worth another look.There was an air of optimism among copper participants attending a conference in the Chinese city of Qiqihar on Thursday September 5, with many there telling Fastmarkets they had heard deals and offers for copper cathode at higher levels than in recent weeks due to improving market fundamen...Read More
https://edsteergoldsilver.com/YESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price crawled a bit lower until around 11 a.m. China Standard Time on their Friday morning, but was back at the unchanged mark shortly after 1 p.m. CST. Once the afternoon gold fix in Shanghai was put to bed around 2:15 p.m. over there, it was mostly down hill into the COMEX open -- and the 8:30 a.m. jobs r...Read More
By Andy HechtAfter a very bullish summer, it was a week of reversals in the metals markets. The impact of gravity hit the gold and silver markets late last week after both had made new highs. Meanwhile, copper went the other way as the early week new low led to a significant price recovery by the end of the week. Click on chart to enlarge..The daily chart of December gold futures highlights the...Read More
Although a major Precious Metals sector bullmarket has certainly started, various fundamental and technical factors came together last week to suggest that a significant correction to the recent strong runup has now started.The main fundamental development was the announcement that there will be a Trade War summit between China and the US early next month, with hopes being expressed that this ma...Read More
Gary Tanashian, NFTRHIf you hear one peep out of the gold community about a precious metals "take down", "attack" or any other such aggressive or war-like language you will then be hearing some old fashioned and promotional gold bug orthodoxy. Fortunately, a casual look around the Bug-o-Sphere does not yield too many obvious conspiracy theorists or importantly, cheerleaders.Indeed, it seems...Read More
By: Ira EpsteinGold stocks still in a bullish pattern too..Read More
The Three Big Issues and the 1930s AnalogueSurvival AdviceA Preview of Next WeekNew York and Houston"The best way out is always through." Robert Frost"History doesn't repeat itself, but it does rhyme."?ۥMark TwainIt will not shock you when I say we live in confusing times. Odd, seemingly inconsistent events and decisions don't bring the expected results. Once-reliable rules don't work...Read More
Here are five Fastmarkets MB stories you might have missed on Friday September 6 that are worth another look.There was an air of optimism among copper participants attending a conference in the Chinese city of Qiqihar on Thursday September 5, with many there telling Fastmarkets they had heard deals and offers for copper cathode at higher levels than in recent weeks due to improving market fundamen...Read More
https://edsteergoldsilver.com/YESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price crawled a bit lower until around 11 a.m. China Standard Time on their Friday morning, but was back at the unchanged mark shortly after 1 p.m. CST. Once the afternoon gold fix in Shanghai was put to bed around 2:15 p.m. over there, it was mostly down hill into the COMEX open -- and the 8:30 a.m. jobs r...Read More
By Andy HechtAfter a very bullish summer, it was a week of reversals in the metals markets. The impact of gravity hit the gold and silver markets late last week after both had made new highs. Meanwhile, copper went the other way as the early week new low led to a significant price recovery by the end of the week. Click on chart to enlarge..The daily chart of December gold futures highlights the...Read More
Although a major Precious Metals sector bullmarket has certainly started, various fundamental and technical factors came together last week to suggest that a significant correction to the recent strong runup has now started.The main fundamental development was the announcement that there will be a Trade War summit between China and the US early next month, with hopes being expressed that this ma...Read More
Gary Tanashian, NFTRHIf you hear one peep out of the gold community about a precious metals "take down", "attack" or any other such aggressive or war-like language you will then be hearing some old fashioned and promotional gold bug orthodoxy. Fortunately, a casual look around the Bug-o-Sphere does not yield too many obvious conspiracy theorists or importantly, cheerleaders.Indeed, it seems...Read More
By: Ira EpsteinGold stocks still in a bullish pattern too..Read More
The Three Big Issues and the 1930s AnalogueSurvival AdviceA Preview of Next WeekNew York and Houston"The best way out is always through." Robert Frost"History doesn't repeat itself, but it does rhyme."?ۥMark TwainIt will not shock you when I say we live in confusing times. Odd, seemingly inconsistent events and decisions don't bring the expected results. Once-reliable rules don't work...Read More