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TURKEY STEEL BILLET: Prices increase on stronger demand

June 05, 2020 / www.metalbulletin.com

Turkish steel billet prices increased over the past week due to strengthening demand and rising imported scrap values, sources said on Thursday June 4.Turkey has had a drop in the number of deaths related to the Covid-19 pandemic in the past few weeks with the reduced restrictions including a removal of the ban on travel, leading to some improvement in the steel markets.Domestic billet prices in T...Read More

Is Antifa Supplying Bricks in Advance for Riots from Berkshire Hathaway's Acme Bricks?

April 20, 2006 / marketsanity.com

There appears to be good information that pallets of bricks are being bought and delivered around cities by Acme Brick Company, which was bought in 2000 by Warren Buffet's Berkshire Hathaway. Continue...Read More

Project Veritas Infiltrates Violent Antifa Cell

April 20, 2006 / marketsanity.com

ANTIFA: "Practice things like an eye gouge, it takes very little pressure to injure someone's eyes."Full story: https://www.projectveritas.com/news/antifa-practice-things-like-an-eye-gouge-it-takes-very-little-pressure-to/Project Veritas was founded by James O'Keefe. The mission of Project Veritas is to investigate and expose corruption, dishonesty, self-dealing, waste, fraud, and other misconduct...Read More

Stock Market Expert Frank Curzio: "This Is What I'm Doing, Personally!

April 20, 2006 / marketsanity.com

Lior Gantz has been called a thrill-seeking entrepreneur by his team, and as such, he built and runs numerous successful businesses, and has traveled to over 30 countries in the past decade in pursuit of thrills and opportunities, gaining valuable knowledge and experience. With Wealth Research Group, Lior allows readers access into the world of the few who beat the markets consistently for decades...Read More

Danielle Park: Canadian Depression?

April 20, 2006 / marketsanity.com

Small business is tanking in Canada. 45% of the population is on some form of government aid. Too many people have no chance of going back to work. The government appears powerless to do anything about it. Of course our neighbor to the North is dependent upon the US economy, or what's left of it. The civil unrest will also have an effect upon the Canadian economy. Perhaps there are countervailing...Read More

Max talks to Gabor Gurbacs of VanEck about the case for a bitcoin ETF

April 20, 2006 / marketsanity.com

Max talks to Gabor Gurbacs of VanEck about the case for a bitcoin ETF and central banks hedging against themselves by buying gold. Max Keiser is a former stockbroker and an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. Keiser invented "Virtual Specialist Technology," a software system used by the Hollywood Stock Exchange. Prior to inventing this...Read More

Lynette Zang - Pandemic Is A Great Cover For A Financial System Reset

April 20, 2006 / marketsanity.com

SBTV spoke with Lynette Zang, Chief Market Analyst at ITM Trading, about where the world is headed to from this crisis and how gold and silver are the best assets to protect wealth during these times.Discussed in this interview:06:38 Gold for wealth preservation, silver for barter13:51 Not time to be complacent, time to prepare17:04 Decent amount of gold and silver to have21:00 Mixed feels over ec...Read More

ECB Nearly Doubles Emergency QE Program

April 20, 2006 / marketsanity.com

"The Governing Council continues to stand ready to adjust all of its instruments, as appropriate, to ensure that inflation moves towards its aim in a sustained manner, in line with its commitment to symmetry," Continue...Read More

If Obama Said What Trump Just Did, Would You Support It?

March 20, 2006 / marketsanity.com

"If a city or a state refuses to take the actions that are necessary to defend the life and property of their residents, then I will deploy the United States military and quickly solve the problem for them," said Trump.Continue...Read More

George Floyd had coronavirus, autopsy shows

April 20, 2006 / marketsanity.com

An autopsy report written by the Hennepin County Medical Examiner's Office also showed trace amounts of fentanyl and methamphetamine in his system.Continue...Read More

Mish: Speculators Dumping Gold May Be Bullish

April 20, 2006 / marketsanity.com

The price of gold ought to be falling. But it isn't. Let's explore what's happening with the price of gold and why.Continue...Read More

EGYPT STEEL BILLET, REBAR: Domestic rebar market 'dead' but higher offers push up billet import prices

June 05, 2020 / www.metalbulletin.com

The construction ban in Egypt killed off activity in the domestic rebar market in the week to Thursday June 4, but steel billet import prices increased because of higher offers from the CIS, sources told Fastmarkets.No improvement in demand was anticipated any time soon because all construction activity in Egypt's was halted late in May.On May 21, Egypt's president Abdel Fattah el-S...Read More

CHINA REBAR: Domestic prices edge up further but demand softens

June 05, 2020 / www.metalbulletin.com

China's domestic rebar market maintained its upward trend on Thursday June 4 on early gains experienced by rebar futures, though high temperatures in several regions weakened demand.Domestic Eastern China (Shanghai): 3,620-3,650 yuan ($508-513) per tonne, up by 10 yuan per tonneThe most-traded October rebar futures contract rose to a high of 3,679 yuan per tonne in the first hour of trading. This...Read More

Chinese stainless steel prices steady despite soft demand, rising nickel cost

June 05, 2020 / www.metalbulletin.com

Stainless steel prices in China were mostly stable over the past week despite soft demand and recent gains in the price of nickel, sources said. The three-month nickel contract on the London Metal Exchange has averaged $12,707 per tonne so far in June, compared with $12,204 per tonne in May.DomesticFastmarkets' weekly price assessment for stainless steel cold-rolled coil 2mm grade 304 domestic, ex...Read More

S&P, Nasdaq Snap 4-Day Win Streak on Jobs, Tech

June 04, 2020 / www.schaeffersresearch.com

Big tech companies led the declines todayIn a sharp turn from an optimistic start to June, Wall Street's disappointment with jobs data took its toll, sending stocks mostly lower to close out the day, snapping a four-day win streak for the Nasdaq and for the S&P 500. The Dow barely scraped together an 11-point gain, while the SPX and Nasdaq dropped off, as shares from FAANG stocks Facebook (FB), A...Read More

How Stocks Perform After Major Protests

June 04, 2020 / www.schaeffersresearch.com

SPX's standard deviation is usually slimmer-than-usual after major protestsAlthough it may not be as conspicuous on Wall Street, Main Street has been gripped by the protests and civil unrest overthe death of George Floyd. All 50 states have engaged in protests against police brutality and systemic racism since late May, and the tensions have been exacerbated by U.S. President Donald Trump's thre...Read More

Eldorado Stock Soars Higher on Bull Note

June 04, 2020 / www.schaeffersresearch.com

Deutsche Bank raised its price target to $57 from $28The shares of casino stock Eldorado Resorts Inc (NASDAQ:ERI) are up 8% at $41.98, after receiving a price-target hike from Deutsche Bank to $57 from $28. The firm said though that many investors believe the sector could be in for a rough patch, due to social distancing and the long-term economic effects of coronavirus, it sees "new margin peaks...Read More

J M Smucker Stock Jammed by Ugly Sales Outlook

June 04, 2020 / www.schaeffersresearch.com

J M Smucker's fourth-quarter profits and revenue were better than Wall Street expectedThe shares of J M Smucker Co (NYSE:SJM) are down 4.2%, last seen trading at $109.09, despite the food and beverage manufacturer reporting fiscal fourth-quarter profits of $2.57 on revenue of $2.09 billion. Both top-line results were higher than analysts' estimates, thanks to increased consumer demand resulting...Read More

FedEx Bears Could Double Their Money by July 4

June 04, 2020 / www.schaeffersresearch.com

Implied volatility on FDX options is at historically low levelsShipping giant FedEx Corporation (NYSE:FDX) is in the news today, after announcing it was tacking on delivery fees to U.S. shipments. The move represents an effort to combat lagging business amid the coronavirus pandemic and subsequent shutdown of the economy. At last check, FDX is down 1% to trade at $136.61, but the trouble could jus...Read More

REGN Could Take a Breather This Month

June 04, 2020 / www.schaeffersresearch.com

REGN is up 106.5% in the last nine months, but already down nearly 2% in JuneOver the past two weeks, we've been exploring some of the best S&P 500 stocks to own in June, historically. Now, with help from Schaeffer's Senior Quantitative Analyst Rocky White, we'll shift gears and focus on 25 of the worst performers this month, looking back over the past 10 years. One notable name on the list is Reg...Read More

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