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Australian Mining And Technology Metals Companies Set To Take Stage At Investor Conference
Wednesday, May 20, 2020 - 1:27pm | 1227The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The performances of precious metals have diverged wildly in 2020. Spot gold is up 15% year-to-date (as of May 19) and is flirting...
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How Is COVID-19 Affecting Metals And Mining Companies?
Monday, May 4, 2020 - 11:48am | 1272The markets for gold, silver, and other precious metals have been as volatile over the last two months as they’ve been at any point in history. The worldwide spread of COVID-19 has sent gold rallying to 7-year highs. Silver, meanwhile, sold off to an 11-year low in March before...
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Fed Surprise: 50 Basis Point Cut Does Little To Support Wobbly Markets
Tuesday, March 3, 2020 - 5:56pm | 1782The market’s a hungry beast and the Fed gave it something to eat, but it hasn’t been satiated yet. Stocks resumed their downhill slide Tuesday and 10-year yields dropped below 1% for the first time ever after the Fed surprised with an emergency 50-basis point easing. Stocks initially...
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Thursday's Market Minute: Metals Shine As Equities Climb
Thursday, February 20, 2020 - 10:10am | 296Gold Bugs have been enjoying a bullish run since late 2018, and a new leg up may be developing. Gold futures moved into new yearly highs above 1,620 in the premarket, pushing into their highest prices since early 2013. The yellow metal’s technicals also are showing strength, logging a bullish...
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Global Commodities Forecast For 2020
Tuesday, February 18, 2020 - 3:24pm | 971While experts are somewhat cautious in their estimations, we can now get a better sense of how gold, oil and copper may perform in the new year, while also contemplating how data from 2019 can help form expectations around commodity trading in the new year. The Nature Of Commodity Trading...
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Setting Up A US Dollar Crash And Metals Rise
Wednesday, December 18, 2019 - 10:06am | 829I know that many investors follow correlations as if they were gospel. But, do they really understand what a correlation represents? You see, markets are not linear in nature. While two different markets may be traveling in the same direction for a period of time, unless you understand each chart...
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A Simple, But Elegant Resolution In The Metals Market
Thursday, October 3, 2019 - 10:14am | 899By Avi Gilburt, ElliottWaveTrader.net Originally published on Sat Sep 28 for our ElliottWaveTrader members: With the various charts we track unable to complete five waves up off the low struck two weeks, it would seem that we can count all of those charts as having just completed a...
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The Most Represented Industries On OTCQX
Thursday, September 12, 2019 - 11:23am | 762This article is from Benzinga’s Partner Content team The U.S. equities universe is a lot larger than most people realize. While there are over 6,000 stocks that trade on the NYSE and Nasdaq—the two largest U.S. exchanges—U.S. investors actually have access to over 10,000...
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5 Reasons BMO Upgrades Newmont Goldcorp
Wednesday, September 11, 2019 - 2:03pm | 322The bullish case for Newmont Goldcorp Corp (NYSE: NEM) can now be made, according to BMO. The Analyst BMO Capital Markets analyst Andrew Kaip upgraded Newmont Goldcorp from Market Perform to Outperform with a price target lifted from $45 to $50. The Thesis Kaip's keys to warrant a bullish...
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A Look At Geopolitical Risk In The Metals And Mining Sector
Tuesday, July 30, 2019 - 8:46am | 654Investing in a world fraught by geopolitical uncertainty can be tricky. In the mining and metals industry, there are a number of geopolitical and security drivers shaping today’s business environment for investors to weigh. Acacia's Costly Tanzanian Problem One high-profile case involves...
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Metals Are All At Support
Friday, April 26, 2019 - 11:03am | 468I am not sure how much more I can add to what has been said over the last two weeks in the metals complex. At this point in time, it is quite clear that the metals are testing support. As specifically noted about silver, the 14.60 support region is what I want to see holding as support here. While...
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5 Arconic Catalysts Driving Longbow's Bullish Stance
Wednesday, May 9, 2018 - 12:56pm | 389Arconic Inc (NYSE: ARNC) is a stock that's "bruised" trading south of $18 per share, but to say it's "broken" stock is a mistake, according to Longbow Research. The Analyst Longbow Research's Chris Olin upgraded Arconic from Neutral to Buy with a new $23...
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Metal ETFs Sizzled In August
Wednesday, September 6, 2017 - 8:01am | 606August wasn't a great month for stocks. It was the first month of 2017 the S&P 500 finished lower, but some other asset classes shined. Exchange traded funds dedicated to industrial and precious metals were among last month's most durable performers. “In August, the Dow Jones...
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A New Gold ETF For Frugal Investors
Friday, September 1, 2017 - 8:22am | 580Exchange-traded funds have made gold investing accessible to a broader swath of investors, a theme pioneered by the SPDR Gold Shares (NYSE: GLD). Today, GLD is the world's largest bullion-backed ETF and that success has, predictably, invited plenty of competition. Typically, the most effective...
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Copper Tries To Win Gold Among Commodities
Friday, August 25, 2017 - 9:40am | 538For all the talk about slumping commodities prices against the backdrop of a weaker dollar, there is copper. One of the most widely watched commodities is surging this year. After climbing about 2 percent on above-average volume on Thursday, the iPath Bloomberg Copper Subindex Total Return ETN (...