DaBoyz have been artfully rotating money between a handful of high-profile stocks in order to keep this distributive rally going for as long as possible. On Monday, although the broad averages seemed leaden all day, the Dow still eked out a 65-point gain while AMZN, AAPL and MSFT rose, respectively, 1.75%, 1.08% and 1.48%. This was despite the fact that shares of Boeing, the 800-pound gorilla of...Read More

By: IRA EPSTEINGold waiting for FOMC tomorrowRead More

Wish everyone a very colorful holiThe region between $1290-$1310 is a very dangerous zone for day traders. Right now gold is bullish and looks headed for $1330+. Trend (after FOMC) in gold and silver n Thursday and Friday is the key. There will be buyers on dips and short covering if gold and silver rise on the latter half of the week. Brexit is still in a limbo. China buying more farm products...Read More

It is unlikely the Fed will announce a rate hike tomorrowEyeing a fifth straight win, the Dow Jones Industrial Average (DJI) is comfortably higher, up 134 points at midday, as investor focus shifts to the two-day Fed meeting, currently underway. Investors don't expect a policy change from the central bank, but will pore over tomorrow's statement for shifts in economic and rate forecasts. The S&P 5...Read More

Nvidia, Google, and EA are all making headlines todayDigging through some of the top stories on Wall Street today, there's a lot to take in for video game lovers. Among the names making noise are chipmaker Nvidia Corporation (NASDAQ:NVDA), tech giant Alphabet Inc (NASDAQ:GOOGL), and Madden publisher Electronic Arts Inc. (NASDAQ:EA). Below we'll look at the news around the shares of NVDA, GOOGL, an...Read More

The S&P has outperformed when an SEC team takes home the trophyMarch Madness is once again upon us, with Round 1 games kicking off this week. While many of us here at Schaeffer's are rooting for our hometown Cincinnati Bearcats, history indicates stock market bulls may want to root for a 2 seed this year, if past is prologue. Below are S&P 500 Index (SPX) returns from April through December, depen...Read More

Tilray's fourth-quarter revenue exceeded analyst expectationsTwo pot stocks are making headlines today. First up, Tilray Inc (NASDAQ:TLRY) is down 0.7% to trade at $71.76 -- bringing its month-to-date deficit to 11.5% -- after the company reported a fourth-quarter loss. However, the damage is held in check as revenue exceeded analyst expectations and full-year sales more than doubled year-over-yea...Read More

The brokerage firm raised its CHK price target by more than 12%Raymond James raised its price target on Chesapeake Energy Corporation (NYSE:CHK) stock to $4.50 from $4.00 -- a nearly 43% premium to last night's close -- and reiterated its "outperform" rating. The brokerage firm cited expectations the mining company will be cash neutral next year, as Chesapeake "looks to continue paring down debt."...Read More

Shineco just announced its plans to enter the cannabis market The shares of Shineco Inc (NASDAQ:TYHT) are soaring after the Chinese herbal medicine producer released its plan to expand into the cannabis market. The company established Beijing Tenjove Newhemp Biotechnology Co. Ltd. (TNB) on Mar. 13 to implement the plan, which includes industrial hemp and CBD processing. As a result, the penny stoc...Read More

Aluminium premiums in Japan and South Korea were on an uptrend on Tuesday March 19, due to supply tightness throughout the East Asian region, while premiums elsewhere in the world were supported by a wide contango on the London Metal Exchange. Port congestion in Japan pushes premiums higher; premiums in South Korea shoot up due to lack of supply in LME warehouses LME spreads support Rotterdam alum...Read More

It's widely expected that interest rates won't change Dow Jones Industrial Average (DJI) futures are confidently above fair value today. Should today's pre-market price action hold, the blue-chip index could take aim at a five-day winning streak -- which would mark its longest since early January. The two-day Fed meeting will get underway later today, but no rate hike is expected to be announced...Read More

It seems that buyers have rediscovered their appetite for London-listed equitiesAs the U.K. government continues to vote on various facets and permutations of their impending "Brexit" from the European Union (EU) on what now seems to be a near-daily basis, the iShares MSCI United Kingdom ETF (NYSEARCA:EWU) has rebounded sharply from its bear-market lows of Christmas Eve 2018. Shares of the exchang...Read More

Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More

A summary of base metals premiums from across the globe for the week to Tuesday March 19.Please click...Read More

First Vanadium's (TSXV: FVAN) stock was up over 5% on Tuesday after announcing that it has more than doubled the size of its Carlin vanadium property in Nevada from 1,331 acres to 3,177 acres.The company has staked and filed with the Bureau of Land Management (BLM) 1,846 acres of unpatented lode claims over Federal lands adjacent to and proximal to the original core claims. The new claims provide...Read More

A free tool can help traders bank big during the upcoming earnings season. Too many investors let their portfolios slip during the busy holiday season, but this is a huge mistake... especially with the market moving events just around the corner!With the crazy market action investors have been seeing lately, right now is the time to prepare to bank big wins.It's important for investors to positio...Read More

Almaden Minerals' (TSX: AMM) stock jumped over 5% on Tuesday, following the release of its 2019 report on corporate social responsibility, which described the community-related activities the company has been engaged for over 15 years at the Ixtaca precious metals project in Puebla State, Mexico.Since first arriving at Ixtaca in 2001, Almaden has worked transparently to interact in a culturally a...Read More

The price for flat steel products imported into the United Arab Emirates and Saudi Arabia mostly increased over the past week due to increased production costs, Fastmarkets heard on Tuesday March 19.End-user demand has been weak, so buyers were unwilling to place large-tonnage orders, sources told Fastmarkets. At the same time, production costs have been rising and placing upward pressure on the f...Read More

In recent weeks we noted the bullish outlook for the stock market.Friday the S&P 500 as well as ACWX (global equity ETF ex US stocks) closed above resistance and made higher highs.Not surprisingly, as US and global equities have avoided a bear market (for the time being), precious metals have weakened. It's not a surprise that as Gold failed to breakout both the S&P 500 and global equities (ACWX...Read More

DaBoyz have been artfully rotating money between a handful of high-profile stocks in order to keep this distributive rally going for as long as possible. On Monday, although the broad averages seemed leaden all day, the Dow still eked out a 65-point gain while AMZN, AAPL and MSFT rose, respectively, 1.75%, 1.08% and 1.48%. This was despite the fact that shares of Boeing, the 800-pound gorilla of...Read More