The firm also lifted its revenue guidance Insurance concern EverQuote Inc (NASDAQ:EVER) is eyeing its best day on record, after announcing second-quarter earnings and revenue that exceeded analysts' estimates. The firm said its 35% growth in revenue was sparked by "broad-based momentum and the strength of our data-driven marketplace." EverQuote also lifted its third-quarter revenue guidance and fu...Read More
Canada Goose stock fell to an annual low in early JuneThe shares of Canada Goose Holdings Inc (NYSE:GOOS) are up 2.9% to trade at $43.46 today, after D.A. Davidson called the retail stock's recent pullback a buying opportunity. The analyst pointed out that GOOS has "minimal exposure to U.S. tariffs on its sourcing from China," and that investors aren't "recognizing that the company is likely buyi...Read More
The PBoC set the yuan's reference point higher than expected today, cooling tensions Dow Jones Industrial Average (DJI) futures are signaling a positive session today, after yesterday's dramatic trade-induced sell-off produced the worst trading day of 2019. Futures are more than 100 points above fair value this morning, after the White House declared China a currency manipulator -- and in respon...Read More
A close in gold below $1476 will activate a short trigger on a monthly signal, automatically activating the targets below.The next targets below are $1465 to $1471.A close below $1450 will activate the yearly, monthly and daily short signals, activating short trigger points with targets below the mean at the $1400 to $1363 levels.Based on the forecast we published on September 28, 2018 for the fol...Read More
A fund flow comparison on this wildly disparate pair of triple-leveraged ETFs is eye-openingIn case you neglected to tune into the second half of last week's trading, suffice it to say that investors were extremely skittish in the wake of Fed Chair Jerome Powell's post-interest rate cut remarks. After the top central banker described the much-anticipated easing move as a "midcycle adjustment," tho...Read More
Perception of San Juan contamination affecting some farmers in regionRead full newsRead More
Digging for the yellow metal is big business -- and it can add some valuable diversification to your portfolio.Read full newsRead More
ACN is seeing support at the rising 40-day trendlineConsulting name Accenture Plc (NYSE:ACN) has been climbing the charts long term, and following its recent pullback, is nearing the historically bullish 40-day trendline. The stock has bounced from its 40-day moving average several times over the course of its 37% year-to-date gain. With ACN having worked off its late-July overbought condition and...Read More
Financial market uncertainty and accommodative monetary policy will likely support gold investment demand.Price momentum and positioning may fuel rallies and create pullbacks, as investors continuously reassess their expectations based on new information.Weaker economic growth may soften gold consumer demand near term, but structural economic reforms in India and China will likely support long-ter...Read More
"5 Top Weekly TSXV Stocks: Bearing Lithium Gets Codelco Bump. See who were the other top gainers on the TSXV at https://t.co/pma4i55mTE #TSXV #investing #stocks"Read full newsRead More
The three-month copper price on the London Metal Exchange continued its downtrend over Monday August 5, closing below the nearby $5,700-per-tonne support level to reach its lowest settlement since June 2017, while nickel futures near $15,000 per tonne. Nickel continued to trade down over the day, closing at $5,685 per tonne after slipping to an intraday low of $5,640 per tonne this morning and fai...Read More
Tin's three-month price on the London Metal Exchange declined during morning trading on Monday August 5, maintaining its downward price action while nickel futures traded higher.Reaching an intra-morning low of $16,800 per tonne from a high of $17,025 per tonne, tin's futures price is down by some 1.3% on the day with just over 60 lots traded as of 9:05am London time. Selling pressure began t...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average finished down more than 700 points, or nearly 3%, Monday in its worst day of the year as China hit back at President Donald Trump's move to accelerate tariffs on China-made goods by allowing the yuan to slip to the lowest levels against the dollar in more than a decade. Tyson Foods (TSN) share...Read More
Sentiment in financial markets continues to weaken following last week's collapse of US-China trade talks and US president Donald Trump's latest threat of tariffs on Chinese goods.Equities in Asia tumbled this morning, Monday August 5, and the yuan has dropped below seven to the dollar - the first time since 2008. Weakness in Asian currencies suggests wide-scale market unease. Gold price reaches a...Read More
Key data from the pricing sessions in Asia and Europe for the week ended Friday August 2.ChinaKey drivers The Chinese silicon export market continued to remain stable week on week for the third consecutive week. The supply tightness and a sign of increased demand in the domestic market, amid resumed buying activity for August delivery from the secondary aluminum sector, have encouraged exporters t...Read More
Key data from the pricing sessions in Asia and Europe for the week ended August 2. ChinaKey drivers The price of antimony MMTA standard-grade II, ddp China, remained flat week on week due to sparse trading activity. Domestic antimony suppliers remained resolute in holding their offer prices firm, citing limited ore material at hand.Some domestic antimony consumers chose to sit on the sidelines aft...Read More
Turkish steel producers have not made any deep-sea bookings at the start of this week because of soft demand for finished long steel, sources said on Monday August 5.After the mills booked several deep-sea cargoes in the week ending July 26, they have backed out of the market."The mills in Turkey want to sell some [rebar] before resuming their...Read More
Domestic scrap prices in the Turkish market fell slightly over the past week due to weak demand for finished steel, sources said on Monday August 5.Several steel mills in the Izmir region reduced their buy prices for auto bundle scrap by around 20-55 Turkish lira ($4-10) per tonne over the past week.Long steel mill...Read More
Aluminium alloys from China will be subject to at least 20% in tariffs by September while for hundreds of steel products it will be at least 35% if the latest round of tariffs threatened against China take effect, sources indicated to Fastmarkets.That is because the new tariffs US President Donald Trump signaled against China will be on top of the Section 232 tariffs under an earlier act that cove...Read More
Sentiment in financial markets continues to weaken following last week's collapse of US-China trade talks and US president Donald Trump's latest threat of tariffs on Chinese goods.Equities in Asia tumbled this morning, Monday August 5, and the yuan has dropped below seven to the dollar - the first time since 2008. Weakness in Asian currencies suggests wide-scale market unease. Gold price reaches a...Read More