The Nasdaq recently snapped its longest winning streak in 10 yearsIt's been an impressive year-end rally for the U.S. stock market, with all three major market indexes carving out record highs during the Christmas week, and the S&P 500 Index (SPX) logging its fifth straight weekly gain. Additionally, the Nasdaq Composite (IXIC) muscled its way to an 11th consecutive win on Thursday, marking its lo...Read More

These 25 stocks are the best performers in JanuaryHeading into a new month, year, and decade, Schaeffer's Senior Quantitative Analyst Rocky White broke down the best S&P 500 stocks to own in January over the past 10 years. One name in particular stood out: Netflix Inc (NASDAQ:NFLX), which is not only the sole FAANG stock to show up on the list, but it's also boasted particularly impressive returns...Read More

Fastmarkets reviews how much of the EU safeguarding import quota allowances for hollow sections has been used and by who, with an estimation of when they will be exhausted country by country at the current usage rates. Read More

The Dow is down more than 100 points so farThe Dow Jones Industrial Average (DJI) is sliding today, suffering triple-digit losses so far, as stocks pull back from record-high territory. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also under pressure, though trading volumes are unsurprisingly thin for the holiday week. Oil prices have also turned lower after notching fresh highs earlier...Read More

The Tesla rival is still down 51% in 2019, thoughOne of the best stocks on this quiet trading day is Nio Inc (NYSE:NIO), up 26.2% to trade at $3.06. The Shanghai-based Tesla rival reported a third-quarter loss that was slimmer than expected, while revenue topped expectations. China deliveries also increased, despite a reduction in vehicle subsidies. Nio stock is on track to fill a late Septembe...Read More

The company will be selling its Canadian robotics unit for C$1 billionThe shares of satellite concern Maxar Technologies Inc (NYSE:MAXR) are soaring today, after the company announced it would be selling its Canadian space robotics business called MacDonald, Dettwiler and Associates (MDA) for C$1 billion, or roughly $765 million, to a consortium of financial sponsors led by Northern Private Capita...Read More

Most TREE analysts are already bullishLendingTree Inc (NASDAQ:TREE) shares have been trying to recover from their hugesell-off from earlier this month. Call buying has been the preferred strategy from TREE speculators in recent weeks, based on the 10-day call/put volume ratio of 1.26 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), and now s...Read More

Malaysia will impose anti-dumping tariffs of up to 26.39% on cold-rolled coil imported from China, Japan, South Korea and Vietnam. The import taxes will be in effect for five years from December 25, 2019, to December 24, 2024, Malaysia's Ministry of Trade and Industry (MITI) said earlier this week.The products subject to the duties are cold-rolled coils of iron or non-alloy steel, of...Read More

The Santa Claus rally could take a breather todayAfter a Christmas week full of records on Wall Street, Dow Jones Industrial Average (DJI) futures are much quieter this morning, holding modestly above fair value. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are signaling slightly lower opens, with volume likely to be low heading into the New Year's holiday. As far as economic da...Read More

A volatility pop concurrent with a drop in stock prices could be a risk to bulls"...if momentum continues, keep in mind that there is the 12/27 and the quarterly expiration of SPY options that expire this week and on the last trading day of the year... Without a catalyst, the SPY 323 strike could act as resistance and the longer the SPY is below these strikes, the more it can be seen as a headwind...Read More

Craig HemkeWith just one, holiday-shortened day to go, it appears that Comex gold and silver will actually finish 2019 with "the best annual gains since 2010". That was a bold forecast when we made it back in January. That it has turned out correct brings more relief than satisfaction.As we move to wrap up 2019, here's one last look at this year's primary guide. Recall that we had "The Generally...Read More

By: Gary SavageSo many gold analysts have no idea what they are doing. So many people missed the baby bull. Gold miners are leading..http://blog.smartmoneytrackerpremium.com/Read More

Gold is now a major bullmarket as evidenced by its strong breakout from a giant 6-year long base pattern in August. The larger trend is up. We had thought that it might react back closer to the breakout point before turning higher again, but it didn't, and started higher again in recent days over the Christmas period. This is a sign of greater strength.There is a broad array of fundamental reaso...Read More

Party hard and party late till 1st January. Comeback relaxed with a vengeance to trade and invest. With Insignia Consultants good times will always last. Thank you everyone for your support year too. Since founding "Inisgnia Consultants" in May 2003, I have been making changing changes (every year) to ensure that our clients are updated with all the information to make maximum profit. "To err is...Read More

Crude oil futures extended gains,breaking above the upper border of the rising green trend channel duringyesterday’s session. This upswing took the futures right to the red gap. Let’ssee how this has reflected upon the daily indicators. They look quite extended, suggestingthat the space for additional gains may be limited and that a reversal is probably just around thecorner. Should it...Read More

The European Commission (EC) is planning to again review its safeguard measures for hot-dipped galvanized (HDG) flat steel destined for the automotive sector, market sources told Fastmarkets this week.In the definitive measures for metallic-coated sheets (product category 4), the EC split the product category into two sub-categories, 4A and 4B, with the automotive sector mainly consuming...Read More

The benchmark three-month nickel price on the London Metal Exchange was the standout of the base metals complex, continuing to edge higher at the close on Monday December 30 and ignoring rising stock levels. The nickel price closed at $14,315 per tonne, up $105 from Friday's close. It traded in a $200 range throughout the day, earlier hitting a high of $14,365 per tonne. Despite being the only bas...Read More

The Turkish deep-sea scrap import markets remained silent at the beginning of the week due to the year-end holidays, sources told Fastmarkets on Monday December 30.The most recent deep-sea scrap cargo was booked on December 20 at $303 per tonne cfr for HMS 1&2 (80:20) from the Baltic Sea region.Since the...Read More

Trading activity in the major global billet markets was reduced in the week ended Friday December 27 due to participants being away for the Christmas and New Year festive season. Southeast Asia "It is likely that market activity will resume only after the New Year holiday and the market is very quiet now," a buyer source in Southeast Asia said. Offers of billet from Russia, India, Oman and Qatar w...Read More

The domestic price of hot-rolled coil in Northern Europe was stable on Monday December 30 due to limited trading activity, sources told Fastmarkets.Fastmarkets' daily steel hot-rolled coil index domestic, exw Northern Europe was unchanged at ?,?439.39 ($492.16) per tonne on December 30 in slow market conditions.The calculation of the index was based on the...Read More