The AOCE and WB have moderate overall forecasts for the metals in 2025 inline with IMF forecasts for a decline in economic growth and inflation, although we see the probability of a stagflationary scenario as still reasonably high.Read More

The past year was a difficult one overall for the metals, with the main standouts to the upside being a geopolitical risk-driven gain in gold, a China-driven rise in iron ore and a surge in uranium on broadening global support for nuclear power (Figure 1). A jump in global interest rates to near two-decade highs saw recession fears persist all year, and while one still did not actually eru...Read More

This year the post-global health crisis boom was brought to an end by a surge in inflation to forty-year highs, a major rise in global interest rates in an attempt to curb the rising prices and surging geopolitical risk after Russia's invasion of Ukraine. While precious metals held up reasonably well as markets turned to them as a risk hedge, by Q2/22 the higher interest rates put an end t...Read More

Chile is the world leader in copper production, at 28.5% of the total in 2020, and this looks set to continue, with the country having the largest global reserves, at 23.0% of total. It is also the global leader for molybdenum, which is often found along with copper, and is a major lithium player, holding 51.1% of global reserves. Read More

Newfoundland has become a gold exploration hotspot over the past few years, with the sector seeing some of its strongest activity ever. While the province remains a small contributor to Canadian gold production, it has a substantial mineral industry well supported by the government, focused on iron ore, copper and nickel, and the surge in exploration suggests that gold output from the...Read More

Nevada is the core of the U.S. gold output, accounting for by far the majority, at 75.4% on average for the past year. The state looks set to remain a dominant player in U.S. gold, as it accounts for 49% of total U.S. reserves, with Alaska slightly ahead with 51% of reserves, but just 8.6% of current production. The U.S. accounts for 6.1% of global gold output, making Nevada one of the largest gol...Read More

The Golden Triangle in northwestern British Columbia has historically been a major site of Canadian gold production, beginning as early as the mid 1800s. There was a wave of production in the 1990s which cooled as the gold price declined, but larger scale production resumed in 2017, and the area has seen surging exploration interest over the past year, given that the region has some of the largest...Read More

In this report we outline the Quebec gold mining industry, including its major producers, and a survey of many of the junior miners focused on the province. Quebec accounts for 34% of Canadian gold production (second to Ontario, with 44%) and remains a major focus for both producers and junior miners.Read More

Red Lake has been one of the most prolific gold mining districts in Canada and the world, with exploration having started in the 1920s, and production, which began in the 1930s, continuing to the present day. The district is known for the high grade of its gold, its infrastructure, and strong institutional support, given the long history of mining in the area.Read More

Stocks are trading higher this afternoon, as traders digest big-cap tech earnings and the nonfarms payroll report for October. Online mailing and shipping company Stamps.com Inc. (NASDAQ:STMP), rent-to-own supplier Rent-A-Center Inc (NASDAQ:RCII), and national security technology and supply concern Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) are making big moves. Here's a quick look at...Read More

Centuries ago, before there was any semblance of a stock market, one Italian developed a theory that would lay the groundwork for countless mathematical applications. Fibonacci retracements are valuable technical analysis tools that enable an investor to sniff out a stock's possible support or resistance areas. Looking at Fibonacci retracements, or "Fib levels,"as we call them, can give investors...Read More

Shares of Fossil Group Inc (NASDAQ:FOSL) have plunged 4.1% today to trade at $7.42, after Telsey Advisory Group lowered its price target on the retail stock to $9 form $11. What's more, FOSL is pacing toward its seventh loss in a row -- one of the longest losing streaks of all optionable S&P 500 Index (SPX) stocks, according to Schaeffer's Senior Quantitative Analyst Rocky White -- and with earnin...Read More

Travel site TripAdvisor (NASDAQ:TRIP) willreport third-quarter earnings after the close on Monday. Travel stocks have struggled this earnings season, with sector peer Ctrip.com International (CTRP) tanking after its report on Thursday. Plus, TripAdvisor found itself in hot water earlier this week, over a report that the travel website was removing user warnings about certain travel destinations....Read More

While the Dow Jones Industrial Average (DJIA) has retreated from the record high it hit earlier to hover near breakeven alongside the S&P 500 Index (SPX), a post-earnings Apple (AAPL) stock rally has the Nasdaq Composite (IXIC) outperforming. Economic data has been in focus all morning, with the nonfarm payrolls report for October coming in below expectations. However, the ISM non-manufacturing in...Read More

Earnings season is in full swing, with today's report from Apple (AAPL) dominating the equity news flow. And after the closing bell on Monday, traders will digest results from weight management services provider Weight Watchers International, Inc. (NYSE:WTW).Here's a closer look at what traders are expecting from WTW stock ahead of earnings.WTW Makes Big Moves After EarningsWeight Watchers sto...Read More

On Thursday, General Electric Company (NYSE:GE) closed down 0.08% -- marking its ninth straight loss, and its longest daily losing streak since 2009. Before that, you'd have to go all the way back to 1988 to see a nine-day GE losing streak, and this is just the fifth time since 1978 the stock has strung together this many consecutive declines. Here's closer look at how the GE stock year tends to p...Read More

U.S. stocks are mixed this morning following October's nonfarm payrolls report and the latest round of corporate earnings. Among the stocks making moves are Dow component Apple Inc. (NASDAQ:AAPL), music streaming service Pandora Media Inc (NYSE:P), and drug concern Valeant Pharmaceuticals International Inc (NYSE:VRX). Here's a closer look at what's moving shares of AAPL, P, and VRX.AAPL Soars to...Read More

Analysts are weighing in on tech stocks Acacia Communications, Inc. (NASDAQ:ACIA) and Tableau Software Inc (NYSE:DATA), as well as oil concern Chesapeake Energy Corporation (NYSE:CHK). Here's a quick roundup of today's bearish brokerage notes on ACIA, DATA, and CHK.Acacia Communications Stock Sinks to Fresh Low After EarningsAcacia Communications stock earlier touched an annual low of $38.29, a...Read More

Analysts are weighing in on video game stock Activision Blizzard, Inc. (NASDAQ:ATVI), cloud concern Arista Networks Inc (NYSE:ANET), and gene therapy specialist bluebird bio Inc (NASDAQ:BLUE). Here's a quick roundup of today's bullish brokerage notes on shares of ATVI, ANET, and BLUE. Activision Stock Eyes Record Highs on Call of Duty Release DayActivision Blizzard stock is up 2.4% before the ope...Read More

Dow Jones Industrial Average (DJIA) futures are pointed cautiously higher this morning, as markets process a busy week of earnings and economic data. Both the Dow andNasdaq-100 Index (NDX) are on pace for fresh intraday highs and weekly wins, with Apple (AAPL) providing a boost after its upbeat earnings report and encouraging iPhone X sales. Meanwhile, the S&P 500 Index (SPX) has more ground to...Read More

It was a wild ride on Wall Street today, as stocks reacted to Republican tax plans, earnings, and a big Fed announcement. The Dow Jones Industrial Average (DJIA) explored a range of more than 180 points on both sides of breakeven, but managed to erase losses brought on by the House's new tax code proposal, swinging to a record high after President Trump tapped Fed Governor Jerome Powell to replace...Read More

Housing stocks are spiraling today in reaction to the Republican tax plan. Specifically, the newly released proposal includes a provision to cap the mortgage interest rate deduction at $500,000 -- half the current limit. Among those taking it on the chin are the SPDR S&P Homebuilders ETF (XHB) and the iShares U.S. Home Construction ETF (ITB), while individual stocks Home Depot Inc (NYSE:HD) and To...Read More

Wayfair Inc (NYSE:W) is down 19.9% today at $59.60, landing on the short-sale restricted list following this morning's larger-than-expected third-quarter loss. While the shares still sport a 12-month gain of 87%, short sellers -- including Citron Research -- have to be pleased with today's price action. Below, we'll take a closer look at W stock and its precarious place on the charts. But first, i...Read More

Stocks are trading mixed this afternoon, after the Republican tax plan proposal resulted in whipsaw price action. Electronic component producer KEMET Corporation (NYSE:KEM), optical components concern Oclaro Inc (NASDAQ:OCLR), and biotechnology company Riot Blockchain Inc (NASDAQ:RIOT) are making big moves. Here's a quick look at what's moving shares of KEM, OCLR, and RIOT.KEM Joins List of NYSE...Read More

Next week will mark the one-year anniversary of the presidential election that stunned the nation. In the wake of Donald Trump's victory, which defied pre-election polls, the major stock market indexes have extended their quests for record highs. Below, we'll take a look at how the S&P 500 Index (SPX) tends to perform during the last three years of a presidential term, based on performance during...Read More

Following this week's onslaught of economic data -- and hints of a potential December rate hike from the Fed -- next week's docket looks relatively bare, with Friday's consumer sentiment data one of just a few reports on the list. However, there's plenty of action on the corporate earnings front to hold Wall Street's attention. Semiconductor stocks will continue to be in focus, with a handful of h...Read More

Bank stocks Morgan Stanley (NYSE:MS) and Credit Suisse Group AG (NYSE:CS) are in the spotlight this week, after the Fed hinted at a December rate hike in its latest policy statement. Additionally, President Trump is expected to tap Fed Governor Jerome Powell to replace Fed Chair Janet Yellen in this afternoon's Rose Garden ceremony. What's more, both stocks recently pulled back to key trendline...Read More

Stocks are mostly lower at the halfway point, with the release of the House's tax code proposal resulting in whipsaw price action. Specifically, the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (COMP) all fell sharply following the unveiling of the Republican tax plan, but have since pared some of those losses. The plan calls for a permanent corporate tax rate of...Read More

Shares of Chinese online retailer JD.com Inc (NASDAQ:JD) have surged on the charts this year, tacking on roughly 50%. Since touching an all-time high of $48.99 on Aug. 8, the e-commerce stock has gradually pulled back to its current perch at $38.26. Nevertheless, this retreat could signal a buying opportunity, as JD stock nears a key trendline with historically bullish implications.JD stock...Read More