TSLA is set for its worst week since MarchTesla Inc (NASDAQ:TSLA) stock continues to find its way into the news, whether it's colorful CEO Elon Musk going on Twitter rants, or rumors that the company pulled brake tests to meet its Model 3 production goals. In response to the flurry of headlines, options traders have taken a decidedly bearish tone towards the electric car name. Specifically, put...Read More

TiVo's CEO is stepping down after less than a yearThe Dow is higher today amid hopes of a tariff truce between the U.S. and Europe.Three stocks bucking the broad-market tailwinds, however, are media concern TiVo Corp (NASDAQ:TIVO), natural gas supplier Clean Energy Fuels Corp (NASDAQ:CLNE), and power technology issue American Superconductor Corporation (NASDAQ:AMSC). Below, we will take a closer l...Read More

One of these stocks boasts a 100% Q3 win rateLooking back 10 years, only two S&P 500 stocks boast a 100% win rate in the third quarter, which kicked off this week. One is discount retailer Dollar General Corp (NYSE:DG). If past is prologue, DG stock could rocket to record highs in the short term. Meanwhile, shares of fellow retail issue Ross Stores, Inc. (NASDAQ:ROST) are flashing a historic "buy"...Read More

The equity boasts an 80% win rate in the July-September periodShares of medical technology concern Align Technology, Inc. (NASDAQ:ALGN) have been in a long-term uptrend since early 2016, rallying nearly 500% in that time frame. The stock recently pulled back from its record June peak, but ALGN may be in store for another leg higher, as it has been one of the best stocks to own in the third quarte...Read More

- Is the currency reset or global monetary reset (GMR) upon us? - Russia sold half their Treasuries in April and bought 600k ozs of gold in May - China has stopped buying US Treasurys and PBOC is quietly accumulating gold bullion - China has over $3 trillion in foreign exchange reserves and Russia has $461 billion - Physical gold market is finite and tiny vis-?-vis the fx markets and bond market...Read More

The Fed meeting minutes will be released at 2 pm ETStocks are holding on to solid gains today, as trade tensions take a breather amid developments of a possible "zero tariff" policy on imported cars between the U.S. and European Union (EU). The Dow Jones Industrial Average (DJI) boasts a triple-digit lead, while the S&P 500 Index (SPX) and the Nasdaq Composite (IXIC) are confidently higher as...Read More

The latest news and price moves to start the Asian day on Friday July 6.Base metals on the London Metal Exchange were mixed at the close of trading on Thursday July 5, pressured by macroeconomic uncertainty amid continued sell-offs in copper, zinc and tin prices. Read more in our live futures report.Here are how prices looked at the close of trading:Metals packager Ball Corp plans to cease product...Read More

DE has shed 11% year-to-date, but just flashed a buy signalShares of Deere & Company (NYSE:DE) are slightly lower today, continuing theirvolatile run on the charts after topping out at a mid-February record peak of $175.26. The heavy machinery manufacturer's stock is down 0.5% at $139.67, at last check. Notably, however, DE has now pulled back to within one standard deviation of its 320-day movin...Read More

The mining stock is pulling back from a rally up to its 80-day moving averageMining giant Freeport-McMoRan (NYSE:FCX) has been trending lower since late January, with the stock now down 10.8% year-to-date to hover at $16.91. The shares have notched a series of lower highs along the way, and as a result, FCX has breached former support at its 80-day moving average. Based on historical returns from...Read More

BTIG said users 'could not care less' about Facebook's privacy concerns Facebook, Inc. (NASDAQ:FB) stock is up 1.8% to trade at $196.17, after BTIG upped its price target on the social media giant by more than 50%, to $275 from $175, while maintaining its current "buy" rating. The brokerage firm also upped its earnings and revenue expectations for 2018 to 2020. The analyst said the growth of Inst...Read More

The U.S. is still expected to impose tariffs against China tomorrowFresh off the mid-week holiday, stocks are pointed confidently higher this morning, as investors finally receive a dose of good news on the global trade front. Dow Jones Industrial Average (DJI) futures are trading nearly 200 points above fair value, after a report surfaced that the U.S. is consideringbacking off plans to impose m...Read More

Baowu Steel, China's largest steelmaker, is adding 4.03 million tonnes to its hot metal capacity and 3.61 million tonnes to crude steel capacity at its Zhanjiang city production site in Guangdong province, south China.The increases come at the expense of production cuts at operations in Shanghai and in Jiangsu province.Baowu cut 1.18 million tons of capacity at its Nanjing-based subsidiary Shangha...Read More

The drug name has been struggling since its mid-April 2017 peakShares of drug concern Zynerba Pharmaceuticals Inc (NASDAQ:ZYNE) have plunged in pre-market trading, after the company reported top line results for a Phase 1 trial of its ZYN001 tetrahydrocannabinol (THC) transdermal patch. While the drug was well tolerated, target blood levels were not achieved. ZYNE is down 21.9% at $7.51 ahead of t...Read More

The world's largest coking coal producer, BHP, is "cautiously optimistic" about India's economic potential, with the country on the brink of becoming the top importer of the steelmaking raw material. India's coal imports are expected to hit 69 million tonnes by 2020, when it will overtake China as the top importer of coking coal, according to the Australian government's latest Energy and Resources...Read More

MU is poised to bounce back from a Chinese court's ban on its chip salesShares of Micron Technology, Inc. (NASDAQ:MU) stumbled Tuesday, as traders reacted to news that China temporarily banned sales of certain Micron chips in response to patent infringement claims from United Microelectronics Corporation and Fujian Jinhua Integrated Circuit Co. Those reports prompted weakness across the chip secto...Read More

China's Hebei province plans to cut its annual crude steelmaking capacity by 40 million tonnes in three years' time, provincial party secretary Wang Dongfeng said at a meeting discussing capacity cuts on Wednesday July 4, according to the country's national news agency Xinhua. Three cities in what is China's largest steel-producing province - Baoding, Zhangjiakou and Langfang - will be cleared of...Read More

The import market for hot-briquetted iron (HBI) in Italy was flat during the week ended Thursday July 5 on low demand, according to sources in the market.Metal Bulletin's import price assessment for HBI in Italy was $320-330 per tonne cfr on Thursday, unchanged week on week."The market [for HBI] is totally flat here, because everyone involved in the metallic trade is waiting for the results of the...Read More

By Ira EpsteinBounce in metal?https://www.iraepstein.com/ Read More

Source: Michael Ballanger for Streetwise Reports 07/05/2018 Sector expert Michael Ballanger details his forecast for precious metals markets in the second half of 2018. -->Given the impressive reversal in gold last Monday, which appeared to occur during the Asian and European trading sessions as opposed to the Crimex pit session, it looks like the precious metals are adhering to the well-br...Read More

By Gary TanashianOn June 26 we provided an antidote to some media hysterics about a "Death Cross" in gold.On that same day we had an NFTRH update (still password protected, but below is the screenshot of the intro) illustrating for subscribers a developing positive risk vs. reward proposition in gold and silver.On June 28 we noted the out-performance by counter-cyclical gold miners to cyclical c...Read More