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

Healthcare stock Centene Corp (NYSE:CNC) has been charting a path higher over the last 12 months, up more than 49%. After hitting a record high of $98.72 in mid-September, the stock pulled back to its 80-day moving average. This trendline has had historic implications in the past, suggesting it could be a prime time to bet on the stock's next leg higher. The stock's longer-term surge has coincid...Read More

With third-quarter earnings season in full swing, analysts are weighing in on biotech EXACT Sciences Corporation (NASDAQ:EXAS), food and beverage company Mondelez International Inc (NASDAQ:MDLZ), and machinery stock Cognex Corporation (NASDAQ:CGNX). Here's a quick roundup of today's bullish brokerage notes on shares of EXAS, MDLZ, and CGNX following the companies' earnings reports.EXACT Scienc...Read More

Analysts are weighing in on chip stock Cypress Semiconductor Corporation (NASDAQ:CY), real estate investment firm (REIT) Omega Healthcare Investors Inc (NYSE:OHI), and big pharma name Merck & Co., Inc. (NYSE:MRK). Here's a quick roundup of today's bearish brokerage notes on CY, OHI, and MRK.Barclays Thinks CY Stock's Upside is Already Priced InCypress Semiconductor shares are down 2.6% ahead of t...Read More

Dow Jones Industrial Average (DJIA) futures are pointed higher, as the blue-chip index appears ready to shake off yesterday's sluggish session and notch a seventh straight monthly gain. Pfizer (PFE) stock is powering the Dow ahead of the bell, thanks to an earnings beat. On the other hand, ugly guidance from Under Armour (UAA) is weighing on Nike (NKE) shares pre-market. Outside of earnings, the...Read More

The iShares MSCI South Korea Capped ETF (EWY) is having a better 2017 than most of the major U.S. equity-based exchange-traded funds (ETFs), up more than 38% year-to-date as of Friday's close. In fact, EWY registered a new 10-year high to end the week, topping out at $73.64 on an intraday basis.The runaway rally in EWY may come as a surprise to those who have followed the breathless (and seemingly...Read More

The timing couldn't be better for the company, which pared back its portfolio to focus on getting its premier asset into production as zinc supply is forecast to remain tight in the medium term."We're well on the way to bringing our product to market at a time we expect the zinc market to continue to be extremely strong, so it's the perfect matching of production into a market that's crying out fo...Read More

Just because a Ponzi scheme is run by a government doesn’t mean it won’t collapse.The situation in Kentucky serves as a dire warning about larger pension systems including Social Security.What Kentucky is currently facing in like a bank run. When people hear that a bank is failing, they all scramble to get their money out before it goes bust. This snowballs and the bank runs out of cas...Read More

Just because a Ponzi scheme is run by a government doesn’t mean it won’t collapse.The situation in Kentucky serves as a dire warning about larger pension systems including Social Security.What Kentucky is currently facing in like a bank run. When people hear that a bank is failing, they all scramble to get their money out before it goes bust. This snowballs and the bank runs out of cas...Read More

Despite a fresh all-time high for the Nasdaq Composite (IXIC) in early trading, it was ultimately a rocky start to the week for U.S. stocks. Traders responded to the latest developments out of Washington, D.C. -- including reports that the House is considering a plan to gradually reduce the corporate tax rate, and federal conspiracy charges forformer Trump campaign manager Paul Manafort and his...Read More

Third-quarter pharmaceutical earnings and news -- such as Merck's recent catastrophe -- are continuing to make an impression on the market, and drug company Pfizer Inc. (NYSE:PFE) is set to report results ahead of the opening bell tomorrow.Here's a closer look at PFE stock ahead of earnings, and how options traders have been positioning themselves on the Dow component.Pfizer stock has set a serie...Read More

Stocks are lower this afternoon, as political drama weighs down markets. Drugmaker Endo International plc - Ordinary Shares (NASDAQ:ENDP) is enjoying a solid session, while specialty retailer Office Depot Inc (NASDAQ:ODP) and brand management firm Iconix Brand Group Inc (NASDAQ:ICON) are sinking. Here's a quick look at what's moving shares of ENDP, ODP, and ICON.Endo International Stock Soa...Read More

Electronic Arts Inc. (NASDAQ:EA) has rallied over 48% year-to-date to trade at $116.85, and hit a record high of $122.79 on Aug. 31. The company is scheduled to report fiscal second-quarter earnings after the close on Tuesday, and the stock has been solid after earnings in recent quarters. EA has moved higher in the session after earnings in five of the past six quarters, including a 12.7% surge i...Read More

The following is a reprint of the market commentary from the November 2017 edition of The Option Advisor, published on October 27. For more information, or to subscribe to The Option Advisor -- featuring 10 new option trades each month -- visit our online store.Long-time followers of our options recommendations will likely be familiar with the acronym F.A.R., which describes the ideal trajector...Read More

Reports of solid demand for Apple's iPhone X have a few Apple Inc (NASDAQ:AAPL) suppliers soaring today. Of note, Broadcom Ltd (NASDAQ:AVGO) and Qorvo Inc (NASDAQ:QRVO) stocks are moving higher, while shares of Finisar Corporation (NASDAQ:FNSR) are jumping on reports of possible Apple ties. What's more, AVGO, QRVO, and FSNR are all seeing unusual options activity this afternoon.AVGO Stock Secures...Read More

When trading options, there are numerous terms and concepts you must become familiar with in order to succeed. Today we will break down liquidity and slippage. To gain more insight on the subject,I spoke with Schaeffer's Senior Equity Analyst Joe Bell, CMT.What is liquidity and why is it important in options trading?JB: Liquidity refers to how quickly a stock or option can be bought or sold witho...Read More

Steel companies AK Steel Holding Corporation (NYSE:AKS) and United States Steel Corporation (NYSE:X) are slated to release their third-quarter earnings tomorrow. Both stocks have been volatile over the past year, especially around earnings, and options traders are expecting more of the same this time around. Below, we'll take a closer look at AKS and X ahead of the quarterly updates. AKS Stock T...Read More

Third-quarter earnings season continues full speed ahead this week, with stocks like Diamond Offshore Drilling Inc (NYSE:DO) climbing higher on an earnings beat. Tomorrow morning, traders will digest results from sports apparel retailer Under Armour Inc (NYSE:UAA).Here's a closer look at UAA stock ahead of earnings, and how options traders have been positioning themselves on the retailer's shar...Read More

Options trading has been heavy on the Chicago Board Options Exchange (CBOE), with call volume on Friday reaching its highest point since January 2016. Social media powerhouses Facebook Inc (NASDAQ:FB) andTwitter Inc (NYSE:TWTR) are two companies with notable options volume, and both companies' general counsel will testify before Congress on Wednesday regarding Russian interference with the 20...Read More

The Dow Jones Industrial Average (DJIA) and S&P 500 Index (SPX) are trading lower, after former Trump campaign manager Paul Manafort was charged with "conspiracy against the United States" and "seven counts of failure to file reports of foreign bank and financial accounts," among other indictments. Rick Gates, a Manafort business partner, was also indicted by a special counsel investigating Russ...Read More

November has been one of the best months to own stocks, historically, and if past is prologue, two blue chips could be screaming "buy" right now. Specifically, American juggernauts Wal-Mart Stores Inc (NYSE:WMT) and McDonald's Corporation (NYSE:MCD) are typically two of the best stocks to own next month. Below, we'll take a look at WMT and MCD shares, and how they tend to perform in November.Wal-M...Read More