It's been a banner year for the U.S. stock market, even as the American social and political climates swirled with controversy. The major market indexes rallied to record highs amid the lowest volatility in years, and a strengthening economy triggered a trio of Fed rate hikes. So-called "FAANG" stocks and bitcoin were all the rage, and the CBOE Volatility Index (VIX) -- or Wall Street's "fear gaug...Read More
* LME/ShFE arb: * Market looking at potential for 2018 supply disruptions* Rising China aluminium stocks suggest surplus* Zinc builds on 2016 gains, analysts see higher 2018 levels (Adds closing prices)By Pratima DesaiLONDON, Dec 29 (Reuters) - China's war on polluting industries, its supply reforms and robust demand growth have this year combined to create a bonanza for copper and aluminium whic...Read More
U.S. stocks are trading lower at midday, quickly reversing early gains. More specifically, the Dow can accredit most of its losses to Goldman Sachs (GS) and Apple (AAPL) stocks, the latter of which is lower after the company apologized for slowing older iPhones. The major market indexes are still pacing for their best year since 2013, however, with the Dow eyeing its longest monthly win streak in...Read More
Online streaming subscription service Netflix, Inc. (NASDAQ:NFLX) is making headlines today after the company revealed in an SEC filing yesterday evening that it will be increasing compensation for its top executives in 2018, after the new tax law goes into effect. With NFLX no longer able to take advantage of deductions for performance-based bonuses, many C-suite members are getting a boost to th...Read More
If there's any stock that needs a fresh start in 2018, its Chipotle Mexican Grill, Inc. (NYSE:CMG). For the past couple of years, the burrito chain has been battling constant backlash to a string of foodborne illness issues in its restaurants. Analysts are chiming in today, with Cowen and Company reiterating its "underperform" rating on CMG stock, and predicting lackluster fourth-quarter sales.Cow...Read More
President Trump is going after Amazon.com, Inc. (NASDAQ:AMZN) once again. The President this morning tweeted that the United States Postal Service should be charging Amazon more to deliver packages to help address the "billions of dollars a year" it's losing. In response, AMZN shares have dipped 0.6% at the open to trade at $1,179.33. - Donald J. Trump (@realDonaldTrump) December 29, 2017Of cours...Read More
Gold futures jumped on Friday, aiming for their seventh-straight positive session, and hurdling toward a nearly three-month high to wrap up the final trading day of 2017-a year in which the yellow metal will book a roughly 13% gain. February gold GCG8, +0.61% the most active contract on Comex, rose $8, or 0.6%, to $1,305.30 an ounce, retaking the psychologically significant level of $1,300, appro...Read More
Gold futures jumped on Friday, aiming for their seventh-straight positive session, and hurdling toward a nearly three-month high to wrap up the final trading day of 2017-a year in which the yellow metal will book a roughly 13% gain. February gold GCG8, +0.61% the most active contract on Comex, rose $8, or 0.6%, to $1,305.30 an ounce, retaking the psychologically significant level of $1,300, appro...Read More
Stocks are signaling a higher open for the last trading day of 2017, setting up the Dow Jones Industrial Average (DJIA) for yet another record close. Once again trading action will likely be thin ahead of the long weekend, with just the Chicago purchasing managers index (PMI) on the economic schedule today. As such, the Dow and S&P 500 Index (SPX) are both set to end the week, month, and quarter h...Read More
The past 6 years have been difficult for gold bulls. After the 2011 market top for precious metals, gold experienced a waterfall decline followed by a "lower low" and more sideways price action.Every rally seemed to stall out. Every hope was met with "not this time".That type of price action is grueling and tends to grind out weak hands. To put it mildly, it's very difficult to hold an asset that...Read More
Abona?>i-v?? la canalul meu pentru ultimile nout???>i Va rugam nu repostati , daca va place adaugati la favorite !Canal administrat de catre MYNELE Network RomaniaRead More
Parenting for Freedom article series: This is the third in a series of articles that analyzes how freedom-loving people can align their parenting with their political philosophy, and how doing so will allow ideas about personal liberty to carry on to the next generation.When it comes to goal achievement, most people will tell you that the end does not justify the means. But for some reason, that...Read More
Ecuadorian puppet cuts his master's stringsGuest's website:https://secure.kaiserresearch.comProduced by https://www.HoweStreet.comStay Informed! Receive our Weekly Recap of thought provoking articles, podcasts and radio delivered to your inbox for FREE!Sign up for the Weekly Recap on the homepage at https://www.HoweStreet.comRead More
Spot copper concentrate treatment and refining charges fell to a four-month low in line with a lower annual TC/RC agreed between Freeport McMoRan and Tongling Nonferrous.Freeport will supply China's largest copper smelter, Tongling, with copper concentrates at a TC/RC of $82,25 per tonne /8.225 cents per pound, 11% and around $10/1 cent lower than this year's benchmark.Jiangxi Copper, the second-l...Read More
Spot copper concentrate treatment and refining charges fell to a four-month low in line with a lower annual TC/RC agreed between Freeport McMoRan and Tongling Nonferrous.Freeport will supply China's largest copper smelter, Tongling, with copper concentrates at a TC/RC of $82,25 per tonne /8.225 cents per pound, 11% and around $10/1 cent lower than this year's benchmark.Jiangxi Copper, the second-l...Read More
Posted: Dec 29, 2017JK: Discovery Watch Dec 29, 2017 with Jim Goddard and John KaiserPublished: Dec 29, 2017HSC: Discovery Watch Dec 29, 2017: Will a Hunt for Lost Cities Pay Off?Discovery Watch is a weekly 15-20 minute audio show sponsored by HoweStreet.com where Jim Goddard interviews John Kaiser about resource juniors with interesting exploration plays that have caught John's attention. The pro...Read More
Spot copper concentrate treatment and refining charges fell to a four-month low in line with a lower annual TC/RC agreed between Freeport McMoRan and Tongling Nonferrous.Freeport will supply China's largest copper smelter, Tongling, with copper concentrates at a TC/RC of $82,25 per tonne /8.225 cents per pound, 11% and around $10/1 cent lower than this year's benchmark.Jiangxi Copper, the second-l...Read More
Spot copper concentrate treatment and refining charges fell to a four-month low in line with a lower annual TC/RC agreed between Freeport McMoRan and Tongling Nonferrous.Freeport will supply China's largest copper smelter, Tongling, with copper concentrates at a TC/RC of $82,25 per tonne /8.225 cents per pound, 11% and around $10/1 cent lower than this year's benchmark.Jiangxi Copper, the second-l...Read More
Turkey's imports of flat steel increased by 25.09% year on year in November 2017, according to the Turkish Statistical Institute (TUIK). The country imported 758,499 tonnes of flat steel, compared with 606,378 tonnes in November 2016, TUIK statistics published on Friday December 29 showed. The increase in imports was attributed to the fact that the November deliveries were mostly booked in July, w...Read More
The Turkish deep-sea scrap market remained quiet at the end of the week due to the New Year holiday period.Turkish steel producers paused their deep-sea bookings at the end of the week but were expected to continue to book more cargoes for February, Metal Bulletin was told on Friday...Read More