ROME (Reuters) - Italian President Sergio Mattarella will hold a second round of talks about the formation of a coalition government on April 12-13, his office said on Tuesday, with no indication that any breakthrough is at hand.Mattarella has the power to name a prime minister, but elections on March 4 resulted in a hung parliament and a first round of consultations ended in stalemate last week.S...Read More

The stock bounced off a supportive trendline last weekApparel stock Ralph Lauren Corp (NYSE:RL) last week bounced from the 60-day moving average, a trendline that's been very supportive since early February. Considering this, and the fact that the shares have been in a strong uptrend since last May, it appears to be a good time to bet on RL adding to its more than 38% year-over-year advance. Eve...Read More

The numbers: The index of small-business optimism from the National Federation of Independent Businesses fell to 104.7 in March. What happened: The confidence index roared higher early in the year, and despite a decline of nearly three points, remains "among the highest in survey history," according to the lobby group. The March reading missed expectations of an increase to 107.0, among the econ...Read More

The brokerage firm thinks it's just the beginning for NFLX's growth storyShares of Netflix, Inc. (NASDAQ:NFLX) have jumped 2.2% out of the gate to trade at $296.24, after several analysts issued bull notes on the FAANG stock. While Evercore ISI boosted its NFLX price target to $250 from $220, Raymond James lifted its target price to $330 from $290 -- in line with the security's March 12 record hig...Read More

(Kitco News) - It's a battle of the Shark Tank stars when itcomes to gold.While Mark Cuban sees more value in a holding a “pet rock” thanthe yellow metal, Kevin O’Leary said it’s a definite part of his portfolio. It’s a battle of the Shark Tank stars when itcomes to gold.While Mark Cuban sees more value in a holding a“pet rock” than the yellow metal,...Read More

(Kitco News) - It's a battle of the Shark Tank stars when it comes to gold. While Mark Cuban sees more value in a holding a “pet rock” than the yellow metal, Kevin O’Leary said it’s a definite part of his portfolio.  It’s a battle of the Shark Tank stars when it comes to gold.While Mark Cuban sees more value in a holding a “pet rock” than the yellow m...Read More

Mcx Zinc Carry Update – Zinc Buy carry call 4ec Advised at price 208.50 Achieved 1st Target 210. CMP 210.40. Total 1.9 x 2 lot = 3.80 Points Profit4ec : Zinc Mcx Carry - Buy Zinc at CMP 208.50 Add more if price 207.50 with SL 206.50 for Target 210 - 211.20. RISK Taker trade 2 lotsAFTER POST CONTENT Read More

WATT could be spooking several short sellers todayShares of electrical concern Energous Corp (NASDAQ:WATT) are soaring after the Federal Communications Commission (FCC) certified the company's WattUp technology after yesterday's close. In response, WATT stock was up a healthy 14.5% at $19.07, at last check.Energous stock saw a massive bull gap in late December, thanks to a similar FCC nod, touchi...Read More

(Reuters) - Wall Street opened higher on Tuesday, led by technology stocks, after Chinese President Xi Jinping promised to cut import tariffs, soothing investor concerns about rising U.S.-China trade tensions.The Dow Jones Industrial Average .DJI rose 397.78 points, or 1.66 percent, to 24,376.88, the S&P 500 .SPX gained 36.04 points, or 1.38 percent, to 2,649.2 and the Nasdaq Composite .I...Read More

Alibaba stock is testing its 200-day moving averageAlibaba Group Holding Ltd (NYSE:BABA) is up 2.6% to trade at $174.35 this morning, after The Wall Street Journal (subscription required) reported that founder Jack Ma's Ant Financial is planning to raise $9 billion in its latest round of private funding. Back in February, Alibaba announced plans to take a 33% stake in Ant Financial.The news has A...Read More

LONDON (Reuters) - Major global central banks are ramping up purchases of euro zone government bonds, banking sources say, enticed by rising yields, a buoyant single currency and an uncertain outlook for U.S. debt and the dollar.Data shows central banks bought significant chunks of debt issued by Belgium, France and state-backed German development bank KfW in bond syndications last month.Two senio...Read More

Gold is “off the radar of the funds for now” as arally occurs in stocks, says GeorgeGero, managing director with RBC Wealth Management. However, he adds, gold atsome point could still show a reaction to “all thegeopolitical turmoil” and “new worries about [a] looming deficit as aresult of tax cuts.” TheCongressional Budget Office says after Republican tax c...Read More

Gold is “off the radar of the funds for now” as a rally occurs in stocks, says George Gero, managing director with RBC Wealth Management. However, he adds, gold at some point could still show a reaction to “all the geopolitical turmoil” and “new worries about [a] looming deficit as a result of tax cuts.” The Congressional Budget Office says after Republican...Read More

Price of US$100/t expected in annual negotiationsRead full newsRead More

(Kitco News) - Gold prices are trading modestly up and are at their session highs inlate-morning action Tuesday. The yellow metal moved to its daily high as theU.S. dollar index hit its daily low. Today's modest gains in gold are stillimpressive, given the solid rally in the U.S. stock market so far this week. Junex gold was last up $3.90 an ounce at $1,344.00. By Jim Wyckoff For Kitco NewsFollow...Read More

MID held above its 200-day moving average last week, even as the SPX breached its ownThe S&P 500 Index (SPX) rattled investors last Monday, April 2, by closing below its 200-day moving average for the first time in nearly two years. Lost in the sea of headlines about this benchmark trendline breach was the fact that the S&P MidCap 400 Index (MID) one-upped its bigger-cap counterpart by battling ba...Read More

WASHINGTON (Reuters) - U.S. President Donald Trump will not attend the Latin American summit this week in order to focus on the Syria crisis, the White House said on Tuesday.Trump was scheduled to arrive in Peru on Friday to attend the summit and then visit Colombia.“At the president’s request, the vice president will travel in his stead. The president will remain in the United States...Read More

Despite being praised as being among the world's best mining codes due to the absence of regulatory discretion and licences effectively being granted by administrative judges, Chile's current rules for the sector represents a huge barrier to explorers, the country's Minister of Mines said Tuesday.Speaking on the sidelines of the 17th World's Copper Conference being held this week in Santiago, Chi...Read More

China's president supported free trade and said the 'Cold War mentality' is outdatedFutures on the Dow Jones Industrial Average (DJI) are more than 350 points above fair value, after Chinese President Xi Jinping signaled free trade in the country's manufacturing and financial sectors, said Beijing would strengthen intellectual property protection, and warned against a "Cold War mentality" in his s...Read More

UBS analyst Steven Strycula believes Hershey's competitors can steal market shareChocolate king Hershey Co (NYSE:HSY) was downgraded to "sell" from "neutral" by UBS analyst Steven Strycula, who also dropped his price target to $90 from $106. Citing an internal report, Strycula says consumers have been buying chocolate less frequently and have shifted to healthier snacks. Strycula also noted the bi...Read More