Aluminium Calls Today – Buy Aluminium at CMP 142.80 for Target 143.80 – 144.40 with SL 141.75 Read More
ROKU options are attractively priced at current levelsThe shares of Roku Inc (NASDAQ:ROKU) are down 3.7% to trade at $89.04 this morning, after some bearish analyst attention from RBC. The brokerage firm downgraded the streaming stock to "sector perform" from "outperform," while maintaining its price target of $90. The analyst in coverage is still bullish on ROKU long term, and said it "would be...Read More
Australia expects gold to overtake thermal coal as its fourth-largest export ear...Read full newsRead More
The drugmaker raised its 2019 revenue forecastAmarin Corporation plc (NASDAQ:AMRN) stock is trading up 6.8% at $20.55 this morning, after the cardiovascular disease specialist said it expects 2019 revenue to arrive between $380 million and $420 million -- up from the previous $350 million estimate -- on improved expectations for Vascepa, with a Food and Drug Administration (FDA) expected to vote o...Read More
The U.S. government is proposing $4 billion in tariffs on European goods The U.S. Trade Representative's (USTR) office last night released details of a proposal to tack on $4 billion in tariffs on a number of European Union (EU) goods, which has Dow futures cooling off this morning after yesterday's G-20 trade relief surge. The S&P is pulling back from record highs too, with futures inching lower...Read More
Large speculators just hit their highest total positions on the euro since late 2016The following is a reprint of the market commentary from the July 2019 edition of The Option Advisor, published on June 28. For more information, or to subscribe to The Option Advisor -- featuring 10 new option trades each month -- visit our online store.It seems too early yet to gauge the full and complete impact...Read More
(Corrects last paragraph to say platinum prices fell 0.2% to$828.75 an ounce and not rose 0.87% to $1,560.51.) * SPDR Gold holdings rose 0.78% on Monday * U.S. threatens tariffs on $4 bln of additional EU goodsBy Diptendu LahiriJuly 2 (Reuters) - Gold prices rose 1.5% on Tuesday, a dayafter posting the biggest one-day percentage fall in 2-1/2years, as U.S. Treasury yields fell on worries over glob...Read More
"Salt Lake City Law Firm Parsons Behle & Latimer Finalizes Historic Barrick Gold Corporation and Newmont Goldcorp Corporation Joint Venture https://t.co/b3fgakJhDS"Read full newsRead More
China Nonferrous Gold Ltd. (CNG.LN) reported Monday a narrowed pretax loss for 2018 mainly due to a 2017 impairment booked against mines under construction,...Read full newsRead More
(Corrects headline to 2-week) * GRAPHIC-2019 asset returns:* Tin price hits a 7-month lowBy Pratima DesaiLONDON, July 2 (Reuters) - Copper prices slid to two-weeklows on Tuesday as the spotlight fell on gloomy prospects foreconomic growth and demand after a batch of weak manufacturingactivity data from around the world.Benchmark copper on the London Metal Exchange wasuntraded at the close, but bid...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
The London Metal Exchange (LME) must force its brands to disclose their impact o...Read full newsRead More
The "Deep State" powers at work could threaten the very backbone of American democracy.A new book may have Washington -- and Wall Street -- squirming in the hot seat.According to the newly-released publication, the dangers to the wealth and well-beings of good, hard-working Americans are now greater than ever!Written by a Washington insider since 1970, this book details how the author believes Ame...Read More
Thank you for joining us in a weekly technical look at the mid-cap-oriented INK Canadian Insider (CIN) Index. The INK Canadian Insider Index tried to push higher and generate its 4th weekly gain in a row but could not move above 1125 resistance. In the end, the Index pulled back a modest 8.11 points to close at 1117.04.MACD fell 5 points to 0.7. RSI retraced 10.76 points to 57.13. A sustained mov...Read More
Nickel's three-month price on the London Metal Exchange was lower at the close of trading on Monday July 1, failing to sustain recent gains while poor data from China's manufacturing sector damped buying sentiment.Three-month nickel futures closed at $12,350 per tonne during the afternoon, down by a little less than 3% from an intraday high of $12,850 per tonne, its highest level since April.Marke...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The S&P 500 hit a record close Monday after President Donald Trump saying he'll ease export restrictions on U.S. companies doing business with China's Huawei Technologies. Chipmaker Nvidia (NVDA - Get Report) rose following the easing of export restrictions on Huawei. Nvidia is Real Money's Stock of the Day. Shares o...Read More
Despite China's ban of low-quality copper scrap imports since the beginning of 2019, the volume of copper units contained in scrap imports has defied expectations by rising in the first five months of this year. Between January and May this year, China imported 682,508 gross tonnes of copper scrap, according to customs data. All of the imports are of the higher-grade category 6 scrap. This is down...Read More
Nickel market participants cite technical squeezes as the root cause of a 9% increase in nickel prices over June, with Shanghai and London exchange contracts targeted amid slack supply and demand.The LME three-month nickel price peaked at $12,850 per tonne on the morning of Monday July 1, its highest since April and an increase of more than 9% from a low of $11,605 per tonne on June 7.Despite a 2....Read More
The Monday Market Minute U.S. equity futures point to fresh record highs on Wall Street Monday following a breakthrough in U.S.-China trade talks and a surge in global oil prices.President Trump says the U.S. is 'back on track' after agreeing to re-start talks with China, pause fresh tariffs and loosen export restrictions on Huawei TechnologiesEuropean stocks book solid gains, led by the trade-s...Read More
Key data from the pricing sessions in Asia and Europe for the week ended Friday June 28ChinaChina's silicon export price slides on signs of a weakening domestic market due to more supply and limited bookings for July cargoes. Sellers open to cheaper bids to achieve sales early in expectation of slow demand in the summer lull and increasing supply during rainy season. Most refiners in Yunnan provin...Read More