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"The Whole Thing Is A Scam": Trump Unloads On "Deep State" Enemies During Fiery Speech

June 19, 2018 / marketsanity.com

President Trump went way off script during a Tuesday speech at the National Federation of Independent Business (NFIB) - lashing out against everything from Continue...Read More

Peter Hug - Getting Through Summer Metals Doldrums

June 19, 2018 / marketsanity.com

Kitco's director of global trading Peter Hug returned to the show. Commenting on the recent metals decline, he believes it was triggered by the ECB's continued quantitative easing program which makes the dollar particularly attractive to European participants. Of course it's somewhat predicated on the Fed's continued effort to normalize interest rates. Between interest rate hikes and trade concern...Read More

THE NEXT CURRENCY: Crash Protection when the SHTF. Q&A with Lynette Zang and Eric Griffin

June 19, 2018 / marketsanity.com

Link to Slides and Sources: https://www.itmtrading.com/blog/next-...Viewer Submitted Questions:Question 1. Craig J: why can't the governments create a new fiat currency when this one crashes?Question 2. Joe M: How does an investor recognize a derivative product in the stock market, so I can avoid buying one. Are they in ETFs?Question 3. PM6550: If there is a planned ban on cash for digital currenc...Read More

China AM: Ferrous futures tumble amid threats of new US tariffs

June 19, 2018 / www.metalbulletin.com

Chinese ferrous futures all declined during morning trading on Tuesday June 19 amid threats of a fresh round of tariffs by the United States on Chinese imports.Futures closing prices - morning sessionShanghai Futures Exchange October rebar: 3,781 yuan ($587) per tonne, down 84 yuan per tonneOctober hot-rolled coil: 3,859 yuan per tonne, down 74 yuan per tonne Dalian Commodity Exchange September ir...Read More

Jack Chan Unwraps Trend Reversal and Long Consolidation

June 19, 2018 / www.theaureport.com

Technical analyst Jack Chan charts the latest moves and an 'agonizingly long consolidation' in the gold and silver markets. Our proprietary cycle indicator is up. The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term. The gold sector is on a short-term buy signal. Short-term signals can last for days...Read More

Aben Looks for an Instant Replay of 2017 in the Golden Triangle

June 19, 2018 / www.theaureport.com

Bob Moriarty of 321 Gold discusses the drill program of an explorer in the Golden Triangle that had some high-grade holes last year. Aben's Forrest Kerr Gold ProjectI will keep repeating the same message. We are in the timeframe of June/July for a tradable low in gold and silver. The DSI fell below 10 but the COTs do not yet reflect the extreme of emotion required for a vibrant bull move. For tho...Read More

GLOBAL MANGANESE WRAP: Ore prices keep rising in China on higher offers, alloy prices mixed across regions

June 19, 2018 / www.metalbulletin.com

Seaborne and port manganese ore prices advance again on higher offers from miners and traders. Manganese ore prices up due to higher offers Alloy prices rise in China on production cuts, low inventory levels Alloy prices hold in India, EuropeFerro-manganese prices drop in US, oversupply fears take holdManganese ore prices continued rising on Friday June 15 while miners hiked offer prices and trade...Read More

Dow Extends Longest Losing Streak Since March 2017

June 19, 2018 / www.schaeffersresearch.com

The VIX moved higher amid escalating trade tensions with ChinaThe Dow suffered its second straight triple-digit loss today, after the Trump administration doled out more tariff threats against China, and Beijing vowed to retaliate. The blue-chip benchmark extended its losing streak to six days, its longestsince March 2017, and is now trading below its year-to-date breakeven level. The trade tensio...Read More

How This Sarepta Therapeutics Options Buyer Scored Big

June 19, 2018 / www.schaeffersresearch.com

A number of weekly 6/22 105-strike calls were bought to open last FridayOptions volume has exploded on Sarepta Therapeutics Inc (NASDAQ:SRPT) today, pacing in the 99th annual percentile. With SRPT stock surging on the back of upbeat data for its Duchenne muscular dystrophy (DMD) treatments, some of the action is a result of speculators liquidating positions -- with one trader in particular closing...Read More

Aerospace Defense Stock Triples; Senate ZTE Vote Slams ACIA

June 19, 2018 / www.schaeffersresearch.com

ACIA shorts are likely cheering today's price actionThe stock market is trading significantly lower today as trade tensions continue to escalate. Three individual stocks making notable moves are aerospace defense concern Astrotech Corp (NASDAQ:ASTC), ZTE supplier Acacia Communications, Inc. (NASDAQ:ACIA), and toymaker Mattel, Inc. (NASDAQ:MAT). Below, we will take a closer look at howshares of...Read More

2 Chinese Tech Stocks With Attractive Options

June 19, 2018 / www.schaeffersresearch.com

Both stocks have a tendency to make volatile moves on the chartsEscalating trade tensions with China are weighing on U.S. stocks today, and China-based tech stocks are getting hit particularly hard. However, traders looking to speculate on the tariff merry-go-round with options could consider Chinese e-commerce concerns Vipshop Holdings Ltd(NYSE:VIPS) and Alibaba Group Holding Ltd (NYSE:BABA). Des...Read More

Analyst: Buy This Software Stock With Options On Sale

June 19, 2018 / www.schaeffersresearch.com

Front-month implied volatilities are low on INTU stock optionsShares of Intuit Inc. (NASDAQ:INTU) came within striking distance of hitting a new record high earlier, after Stifel raised its rating on the Turbo Tax firm to "buy" from "hold," and boosted its price target to $240 from $197. After topping out at an intraday peak of $210.07 earlier -- not far from its June 15 all-time peak of $210.19 -...Read More

Micron Technology Stock Lower on Trade Tensions Ahead of Earnings

June 19, 2018 / www.schaeffersresearch.com

The stock fell 8% after the company's last earnings reportChipmaker Micron Technology, Inc. (NASDAQ:MU) is slated to report fiscal third-quarter earnings after the close tomorrow. Micronstock is down 1.2% at $57.78, at last check, suffering alongside other tech names as China trade tensions continue to heat up. What's more, MU options are pricing in a much bigger-than-usual move for the stock aft...Read More

New York Times Stock Could Make Huge Moves This Summer

June 19, 2018 / www.schaeffersresearch.com

The stock just flashed a historical 'buy' signalSince2016, the New York Times Co (NYSE:NYT) has been under constant fire from President Donald Trump for its proliferation, in his words, of "fake news." Despite his assertion that the publication has been "failing," the stock has outperformed in recent years. And although NYT is down 0.9% to trade at $24.80 at last check, the publishing name just o...Read More

VIX Spikes as Tariff Fears Sink Stocks

June 19, 2018 / www.schaeffersresearch.com

The market's "fear gauge" briefly printed a 14 handleStocks are pulling back sharply today due to the most recent tariff threat out of the Trump administration. The Dow Jones Industrial Average (DJI) has shed more than 300 points -- putting it on pace for a sixth straight down day, which would mark its longest losing streak since March 2017. Upgraded Verizon (VZ) stock is one of only a handful of...Read More

How To Tap Into The Blockchain Movement

June 19, 2018 / www.schaeffersresearch.com

From Amazon, CVS, and AirBnB, early investment is the key to earning big.Any investor who wants to rake in big profits only really needs to know one thing:The biggest fortunes in the world right now are being made in technology.Take the following example:Amazon is now the world's third largest retailer, just behind Wal-Mart and CVS...Airbnb now offers more rooms than Hilton, InterContinental and M...Read More

Gold Seeker Closing Report: Gold and Silver Find Slight Losses Again

June 19, 2018 / news.goldseek.com

 CloseGain/LossGold $1275.50-$2.90Silver$16.30-$0.14XAU81.67-0.86%HUI176.86-0.55%GDM616.26-0.70%JSE Gold1071.97+7.06USD95.04+0.25Euro115.84-0.37Yen91.07+0.50Oil$65.07-$0.7810-Year2.890%-0.030T-Bond145.125+0.71875Dow24700.21-1.15%Nasdaq7725.59-0.28%S&P2762.57-0.40%  The Metals: Gold gained $5.60 to $1284.00 in Asia before it fell back to $1270.60 in London, but it then bounc...Read More

Own A "Bit Of Gold" As We Are Moving Ever Closer To A Trump Trade War

June 19, 2018 / news.goldseek.com

- Own a "bit of gold" as we are moving ever closer to a trade war- Global stock markets fall and main China index down sharp 3.8% at a two-year low- Investors are starting to worry that Trump is deadly serious about a trade warby John Stepek of Money WeekThe Chinese stock market took a hit today.The Shanghai Composite Index ended the session down 3.8% to close at a two-year low, notes Bloomb...Read More

Norway joins WTO complaints against US Section 232 tariffs

June 19, 2018 / www.metalbulletin.com

Norway has joined a growing list of countries requesting dispute consultations with the United States at the World Trade Organization, regarding US duties on certain imported steel and aluminium products, the WTO said on Tuesday June 19."Norway claims the US duties of 25% and 10% on imports of steel and aluminium products, respectively, are inconsistent with provisions of the WTO's General Agreeme...Read More

Social Media Stock Poised to Snap Winning Streak

June 19, 2018 / www.schaeffersresearch.com

Analyst: U.S. users are spending less time on SnapchatIn line with the broad market sell-off today, shares of Snap Inc (NYSE:SNAP) are plummeting -- down 9.7% to trade at $12.71, at last check -- after Cowen lowered its price target to $9 from $10. The new target represents a discount of nearly 36% to SNAP stock's closing price yesterday, and would represent a new record low for the social media s...Read More

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