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3 Gold Stocks to Avoid

June 25, 2018 / marketsanity.com

Investors might want to avoid these three gold stocksContinue...Read More

Miner Spins Out Copper Assets

June 26, 2018 / www.theaureport.com

A Haywood Securities note described this company's recently announced corporate strategy, which includes spinning out its copper assets. In a June 21 research note, analyst Kerry Smith with Haywood Securities reported that Equinox Gold Corp. (EQX:TSX.V) intends to spin out its copper assets, three of which have upside potential, into a new corporation called Solaris Copper Inc. "Our valuation for...Read More

European ferro-chrome benchmark slips to $1.38/lb for Q3

June 26, 2018 / www.metalbulletin.com

The European charge and high carbon ferro-chrome benchmark has settled at $1.38 per lb for the third quarter of 2018. The settlement represents a reduction of 4 cents compared with the second quarter of the year. Metal Bulletin reported on June 18 that the widely-anticipated price reduction would be smaller than early estimates, due to rising spot ferro-chrome prices in Europe and China. Metal Bul...Read More

GLOBAL VANADIUM WRAP: V2O5 prices jump in China, Europe on low availability; US market stabilizes

June 26, 2018 / www.metalbulletin.com

Prices for vanadium pentoxide (V2O5) jumped in China and Europe in the week ended Friday June 22, buoyed by tight supply in the spot market, while US ferro-vanadium quotations stabilized though low availability persists there. China's vanadium export prices jump on domestic tightnessEuropean vanadium market moved higher owing to tight spot cargoes US ferro-vanadium market largely was stable,...Read More

GLOBAL CHROME WRAP: Alloy prices jump in China on production cuts, South Africa power supply fears

June 26, 2018 / www.metalbulletin.com

Ferro-chrome prices are rising in China amid domestic smelters shutdowns and South African supply concerns. Domestic ferro-chrome production shutdowns push up alloy prices in China South African charge chrome prices jump Ore prices continue to edge higher No impact from China tightness on Japan, South Korea European prices hold at 2018 high Imported ferro-chrome prices kept rising in China on Frid...Read More

Energy Tailwinds Help Stocks Finish Higher

June 26, 2018 / www.schaeffersresearch.com

Oil topped $70 per barrel for its highest close in over a monthAfter atumultuous start to the week, the Dow finished modestly higher today, but failed to retake its 200-day moving average. The S&P 500 was propped up by a strong outing from former Dow stock General Electric (GE), while the Nasdaq got a lift from rallying tech stocks. Elsewhere, oil prices surged to their highest close in over a mon...Read More

AKAO Stock Hits New Low on FDA Rejection

June 26, 2018 / www.schaeffersresearch.com

Drug stocks are making volatile moves in an otherwise quiet trading sessionStocks are cautiously higher in quiet trading this afternoon. Three stocks making some more noteworthy moves are pharmaceutical concerns Achieve Life Sciences Inc (NASDAQ:ACHV), Puma Biotechnology Inc (NASDAQ:PBYI), and Achaogen Inc (NASDAQ:AKAO). Below, we will take a closer look at howshares of ACHV, PBYI, and AKAO ar...Read More

2 FAANG Stocks Flashing Buy

June 26, 2018 / www.schaeffersresearch.com

Monday's retreat could be a buying opportunity for bullsSo-called FAANG stocks got smacked lower yesterday, as the tech sector fell amid heightened trade tensions with China. However, Amazon.com, Inc. (NASDAQ:AMZN) shares could heat back up in July, if past is prologue, and Apple Inc. (NASDAQ:AAPL) stock's pullback could be a rare buying opportunity for bulls.Amazon Stock Tends to Muscle Higher in...Read More

Pier 1 Imports Stock Tries to Break Ugly Earnings Streak

June 26, 2018 / www.schaeffersresearch.com

Pier 1 Imports has an awful track record for post-earnings movesPier 1 Imports Inc (NYSE:PIR) is slated to report first-quarter earnings after the market closes tomorrow. PIR stock is trading up 0.2% at $2.97 at last check, back below the 120-moving average, which has contained breakout attempts from the shares since December. The stock has, however, gained 37% since its mid-May eight-year low of...Read More

2 Drug Stocks That Could Heat Up In July

June 26, 2018 / www.schaeffersresearch.com

PTCT stock has rallied more than 90% already this yearRegeneron Pharmaceuticals Inc (NASDAQ:REGN) and PTC Therapeutics, Inc. (NASDAQ:PTCT) are two drug stocks struggling today, with the former down 1.5% to trade at $325.28, and the latter down 5.5% to trade at $31.86. Nevertheless, heading into a new month and the dog days of summer, both stocks are flashing pretty significant bullish signals....Read More

Stocks Cautiously Higher After Sell-Off

June 26, 2018 / www.schaeffersresearch.com

HOME and HTZ are on the move after Morgan Stanley notesStocks are managing only modest gains today in what has so far been a low-volume session. Unease over trade relations continues to keep buyers at bay following yesterday's massive sell-off, along with a lack of market-moving events. In the meantime, former blue chip General Electric (GE) is the top S&P 500 Index (SPX) performer in its first da...Read More

Gold & Miners to Rally as US Equities Fall On Fear / Commodities / Gold and Silver 2018

June 26, 2018 / www.marketoracle.co.uk

The US Equities markets rotated over 1.35% lower on Monday, June 25, after a very eventful weekend full of news and global political concerns.  Much of this fear results from unknowns resulting from Europe, Asia, China, Mexico and the US.  Currently, there are so many “contagion factors” at play, we don’t know how all of it will eventually play out in the long run.Europ...Read More

Analyst Upgrades Could Spark More Upside For AMD Stock

June 26, 2018 / www.schaeffersresearch.com

Despite its recent pullback, AMD has outperformed on the charts since its early April lows Advanced Micro Devices, Inc. (NASDAQ:AMD) rallied hard off its early April lows near $9, topping out at an 11-year peak at $17.34 this past Monday, June 18. Since then, the chip stock has pulled back to its rising 20-day moving average, which currently resides in the $15-$16 area -- a level of resistance in...Read More

Netflix Stock Lands Highest Price Target on Wall Street

June 26, 2018 / www.schaeffersresearch.com

NFLXyesterday suffered its worst session since July 2016Shares of Netflix, Inc. (NASDAQ:NFLX) are up 3.2% at $396.84 in early trading, after Imperial Capital began coverage with an "outperform" rating and $503 price target -- the highest on Wall Street. Last week, NFLX stock rallied as several brokerage firms set $500 price targets. Yesterday, however, the FAANG stock suffered its biggest one-day...Read More

Gold Seeker Closing Report: Gold and Silver Fall Again

June 26, 2018 / news.goldseek.com

 CloseGain/LossGold $1258.90-$6.90Silver$16.30-$0.05XAU80.48-0.05%HUI172.93-0.70%GDM612.24-0.07%JSE Gold1024.46-36.71USD94.71+0.41Euro116.47-0.55Yen90.95-0.11Oil$70.53+$2.4510-Year2.880%+0.005T-Bond144.28125-0.0625Dow24283.11+0.12%Nasdaq7561.63+0.39%S&P2723.06+0.22%  The Metals: Gold fell $10.90 to $1254.90 by a little after 8AM EST before it bounced back higher in New York...Read More

Asian Metals Market Update: June 26 2018

June 26, 2018 / news.goldseek.com

Direction of global stock markets will be the key to industrial metal prices and silver. Gold if it does not rise will see more correction. Crude oil will remain unaffected by any news on very strong short term fundamentals. Physical demand of copper, silver, nickel and zinc will be the key. The next three days are very crucial for copper, zinc and nickel. If they fall, they will sink and move i...Read More

Harley-Davidson Puts Popular Amid War With Trump

June 26, 2018 / www.schaeffersresearch.com

The president said the motorcycle maker will be 'taxed like never before'The shares of Harley-Davidson Inc (NYSE:HOG) are down another 1.7% to trade at $40.87 this morning. HOG stock yesterday suffered its worst trading session since Jan. 30, dropping 6% after the motorcycle maker said it would move production of bikes bound for the European Union (EU) to outside the U.S., in the wake of the recen...Read More

Nvidia Stock Bounces Back On 2 Big Analyst Price Targets

June 26, 2018 / www.schaeffersresearch.com

NVDA shares have added almost 61% in the past 12 monthsFor the second time in two weeks, Nvidia Corporation (NASDAQ:NVDA) received bullish commentary from the analyst community. This time it was Benchmark thatinitiated coverage on the chip name with a "buy" rating and $280 price target. The analyst in coverage noted that NVDA is in "the middle of many of the hottest computing trends," boasting a...Read More

Dow Futures Edge Higher; GE Set to Soar

June 26, 2018 / www.schaeffersresearch.com

General Electric is set to rally on turnaround plansFutures on the Dow Jones Industrial Average (DJI) are cautiously higher this morning, as stocks look to recover from Monday's sell-off. Harley-Davidson (HOG) remains in focus, after President Donald Trump tweeted early this morning that the motorcycle company will be "taxed like never before" if they shift production of Europe-bound vehicles ove...Read More

Barclays Becomes Latest to Jump On the Spotify Stock Bandwagon

June 26, 2018 / www.schaeffersresearch.com

Analyst and options trader sentiment has been bullish on SPOTSpotify Technology (NYSE:SPOT) is trading 2.1% higher before the open, following a bull note out of Barclays. The brokerage firm began coverage on the music streaming stock with an "overweight" designation and $210 price target, citing the company's growing paying subscriber base and strong user engagement, on top of the fact that Spotif...Read More

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