"As the truth is trickling out of Iran, it appears the regime could have murdered over a thousand Iranian citizens since the protests began." Continue...Read More
While China is bracing for what may be a historic D-Day event on December 9, when the "unprecedented" default of state-owned, commodity-trading conglomerate Tewoo with $38 billion in assets may take place, it has already Continue...Read More
When it comes to JPM's Silver Rigging personnel the List is Long...but when will the RIGGING BOSSES see RICO charges?!Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com. Bix has dedicated his efforts over the last 15 years to exposing the long term man...Read More
Northern European steelmakers are expected to achieve increased domestic transaction prices in December, partially reflecting higher offers, sources told Fastmarkets on Thursday December 5.Fastmarkets' steel hot-rolled coil index domestic, exw Northern Europe, was ?,?431.63 ($479.15) per tonne on December 5.The assessment is based on "workable" prices reported by market sources at ?,?425-430 per t...Read More
The record-breaking gold nugget was discovered by a treasure hunter in May and weighs 4.28 ounces.Continue...Read More
Large regional construction projects will remain the main driver of steel demand in the Middle East in the medium term, steel sector professionals told Fastmarkets in a survey ahead of the 23nd Middle East Iron & Steel Conference in Dubai later this month.Infrastructure construction in Qatar for the 2022 Football World Cup and in the United Arab Emirates related to the Dubai Expo 2020 exhibition i...Read More
Prices for steel billet in Egypt continued to rise in the week to Thursday December 5, despite only moderate demand for rebar from the construction sector, sources told Fastmarkets.Egyptian rebar producers were offering rebar at E ?10,000-10,750 ($619-665) per tonne ex-works including 14% VAT, sources said, up from last week's E ?10,000-10,500 per tonne ex-works including VAT. ...Read More
With competition in the global steel markets still fierce, Fastmarkets provides an update on the new, progressing and closed trade cases from around the world in November 2019.1. US: stainless pressure pipe from China, Malaysia, Thailand and VietnamRead More
Chinese stainless steel prices in both the domestic and export markets fell over the past week amid bearish sentiment stemming from the high inventories held at a major mill in eastern China.DomesticFastmarkets' weekly price assessment for stainless steel cold-rolled coil 2mm grade 304 domestic, ex-whs China in the country's major market of Wuxi was 14,400-15,000 yuan ($2,040-2,125) per tonne incl...Read More
The Dow remained relatively static as investors kept a wary eye on the U.S.-China trade conflict The Dow was relatively static today, trading on both sides of breakeven before eventually eking out a small win. Investors continued to turn a wary eye to the U.S.-China trade conflict, while economic data was also in focus. Elsewhere, investors paid specific attention to Nike (NKE) after an upgrade fr...Read More
FB weeklies are popular todayFacebook, Inc. (NASDAQ:FB) is basically flat today, much like the broader market, following mixed reviews from analysts. Stifel upgraded its opinion to "buy" from "hold" and lifted its price target to $240 from $215 -- though this note was outmatched by a vicious bear note from HSBC. The brokerage firm began coverage with a "reduce" recommendation and $178 price target...Read More
CLDR is in recovery mode after its early June plungeCloudera Inc (NYSE:CLDR) stock is up 1.1% at $9.96 this afternoon, with options traders likely prepping for the software firm's third-quarter report. The company's earnings are scheduled for after the close today, and below, we will dive into what the options market is expecting for the stock's post-earnings move.CLDR has been on a steady climb h...Read More
With competition in the global steel markets still fierce, Fastmarkets provides an update on the new, progressing and closed trade cases from around the world in November 2019.1. US: stainless pressure pipe from China, Malaysia, Thailand and VietnamRead More
A surging retail sector is giving Dollar Tree stock a lift The shares of Dollar Tree, Inc. (NASDAQ:DLTR) are on the rebound today, on a halo lift from several retail stocks that are surging post-earnings. Today's pop closely follows Dollar Tree's own earnings report on Nov. 25, which caused the stock to lose 15.2% on the day. The equity seems to have found support in the $88-$90 region -- home t...Read More
Fed Chair Jerome Powell will speak Wednesday afternoon after the Fed's decision Kicking off the second week of December is a slightly lighter batch of earnings, with retail at the forefront yet again. Big names like Stitch Fix (SFIX), American Eagle Outfitters (AEO), Children's Place (PLCE), Lululemon Athletica (LULU), and Tailored Brands (TLRD) make up a large portion of the list, as well as tech...Read More
Oil prices are rising againStocks are generally searching for direction at midday, as investors consider a muddied outlook for U.S.-China trade talks. The Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are all trading in the red at last check, despite another positive day for the energy sector. January crude futures are trading up 0.3%, at $58.63 per barrel, a...Read More
Through the first half of 2019, silver significantlyunderperformed gold. Put another way, gold gained relative to silver –culminating in the gold:silver ratio registering a 27-year high of 95:1. That market signal was received by the mining industry. Sincethere are few primary silver producers, and those that do mine silver alsotypically mine gold and some base metals, precious metals miners...Read More
American Outdoor Brands will report its second-quarter earnings after the close today The shares of American Outdoor Brands Corp (NASDAQ:AOBC) are popping ahead of the firm's second-quarter earnings report due out after the close tonight. AOBC is up 3.2% to trade at $9.32, so far. Looking back, the security has been in rally mode since bottoming out at an eight-year low of $5.41 in early October,...Read More
CMG options are affordably priced at the moment, tooIt's been almost over a month since we last checked in with Chipotle Mexican Grill, Inc. (NYSE:CMG), when analysts were piling on the bull notes ahead of earnings. A lot has gone down since then, but the song sounds the same for Chipotle stock, as the analyst community remains skeptical.According to Schaeffer's Senior Quantitative Analyst Rocky...Read More
The ISM Manufacturing index fell 0.2 point to areading of 48.1 in November. However, gold struggles to find momentum. What isgoing on exactly? U.S.Manufacturing Sector Slumps FurtherThe Institute for Supply Management announced that its index of national factoryactivity dropped from 48.3 in October to 48.1 last month. The number was belowexpectations and it also remained below the 50 threshold, in...Read More