The tech sector's recent pullback has created buying opportunitiesIt's been a rough stretch for tech stocks, with the Nasdaq Composite (IXIC) starting the month of June in correction territory. This recent pullback has created some buying opportunities throughout the sector, with software stocks Keysight Technologies Inc (NYSE:KEYS) and Adobe Inc (NASDAQ:ADBE) both trading near trendlines with his...Read More

A quick check on data for Zoom Video and Docusign before earningsLooking at this week's earnings schedule, software stocks Zoom Video Communications Inc (NASDAQ:ZM) and DocuSign (NASDAQ:DOCU) are set to take the stage, both companies reporting quarterly numbers after the close tomorrow, June 6. We'll take a quick look at ZM and DOCU data to give traders a quick preview before the events. ZM stock...Read More

* EU Commission says procedure against Rome is warranted * If started in next weeks, procedure could lead tosanctions * Brussels open to changing analysis if Italy makescommitments * IMF sees Italy's debt as major risk to euro zone (adds details, quotes)By Francesco Guarascio and Jan StrupczewskiBRUSSELS, June 5 (Reuters) - The European Commissionconcluded on Wednesday that Italy is in breach of E...Read More

One stock is fresh off a new record lowThe Dow continues its rally today, as weak jobs data boosts investors' expectations for a potential rate cut. Several earnings were on the roster today, too, including tech stock Pivotal Software Inc (NYSE:PVTL) and household soup name Campbell Soup Company (NYSE:CPB). Below, we'll take a look what's driving PVTL and CPB's post-earnings swings. PVTL Stock S...Read More

The equity's recent pullback could be a buying opportunityShares of marijuana concern Cronos Group Inc (NASDAQ:CRON) are higher today, after BofA-Merrill Lynch reversed its position on the stock, upgrading CRON to "buy" from "underperform." The brokerage firm also hiked its price target to $27 from $17, waxing optimistic on the company's partnership with Altria (MO) and its growth potential in the...Read More

By: Richard (Rick) Mills Gold was riding high Monday on bad news regarding the US economy, causing stocks to fall and Wall Street traders to pile into bullion. US markets were choppy on the first trading day after June 1, when the United States increased the tariff on $200 billion of Chinese imports from 10% to 25%. Shares of the so-called 'FAANG' stocks slumped, pulling the S&P 500 and the D...Read More

Walmart is one of the best Dow stocks at middayThe Dow Jones Industrial Average (DJI) is riding higher -- pacing for its third straight win -- as this morning's weak jobs data keeps the spotlight on a potential Fed rate cut. Walmart (WMT) is one of the best Dow stocks at midday, as the mega-retailer kicks off its annual shareholders meeting. Easing trade tensions are creating tailwinds, too, with...Read More

Previously, I have shown how we could beclose to major financial/monetary crisis. The following chart that shows theratio of gold to the monetary base was used: Thechart shows the ratio of the gold price to the St. Louis Adjusted Monetary Baseback to 1918. That is the gold price in US dollars divided by the St. LouisAdjusted Monetary Base in billions of US dollars. (from macrotrends.com) More deta...Read More

By: Avi GilburtFirst, I want to begin this article by thanking all those who read my articles for the amazing outpouring of support and prayers for my wife who is recovering from a freak accident. So, with her sleeping right now, I thought I would pen another article to at least keep myself somewhat busy.Over the years, I have published many price trend change expectations which have hit quite w...Read More

By: Stewart Thomson, Graceland Updates 1. The powerful sell signals I have in play for US stock markets at my www.guswinger.com trading service show no signs of abating.2. Please click here now. Double-click to enlarge this Nasdaq ETF chart. 3. President Trump unleashed a huge corporate tax cut early in his presidency, and that was very positive news for the stock market. Since...Read More

Every dog has its day, and Tuesday's vicious short squeeze was a pooch-lover's delight. DaBoyz even managed to goose Tesla for a 9% gain. Although that won't be nearly enough to reverse the death spiral in the automaker's shares, it will suffice to spook traders who have been shorting the stock with impunity for the last couple of months. Scandal-plagued Boeing was a relatively modest gainer amo...Read More

Trading volumes will be very less in Asia and even in Europe due to "Eid". There has been lots of news which gives a sense that precious metals are about to move away from the shackles of continued manipulation. I am hopeful that gold and silver will draw more and more short-term investors as well as medium term investors. 1. China has issued travel warning to its citizens travelling t...Read More

South Korean steel majors Posco and Hyundai Steel have both been asked by provincial governments to idle their blast furnaces over pollution levels, market sources told Fastmarkets MB on Tuesday June 4."However, there is no confirmation as to whether both steelmakers will stop their blast furnaces and they...Read More

Volatility could ramp up in the near termI'm old enough to remember when there was only one expiration date per month available for options on stocks. It was the third Friday of each month. That's still the most heavily traded expiration date, but with weekly expiration dates now available on so many stocks, there's less focus on how the third Friday of the month affects stocks. This month, howeve...Read More

A historically bearish signal just sounded for Weight Watchers The diet and weight loss concern Weight Watchers International Inc (NASDAQ:WW) has taken a beating on the charts recently. Since a post-earnings bear gap in late-February had the shares plummeting beneath the $25 level for the first time in two years, the shares have made several attempts at a rebound -- the most successful of which wa...Read More

A 50:50 joint venture between Luxembourg-based trader/steel producer Duferco and United States steelmaker Nucor Corp has announced plans to build a ?,?150 million steel beam rolling mill in Brescia, Northern Italy.The Duferdofin-Nucor mill is expected to be fully operational by mid-2022 and will have an annual production of more than 1 million tonnes of...Read More

Demand for flat steel in Turkey improved in May especially in the export market, after the United States halved its import tariffs for Turkish steel to 25%, market participants told Fastmarkets. And local producers have now filled their order books until August, they said on Friday May 31. Turkish steel prices also began to increase from May 17, when the US duties wer...Read More

An overview of the minor metals markets and the reasons for any price moves.Read More

Domestic prices for cold-rolled coil (CRC) have moved up this week despite trading activity remaining slow, sources told Fastmarkets on Wednesday June 5.The reason behind the increase was a combination of upward sentiment in hot-rolled coil, which is used as the feedstock for CRC, and an expected reduction in flat steel output in Europe.Fastmarkets' weekly price assessment for domestic CRC in Nort...Read More

By: Richard (Rick) Mills Gold was riding high Monday on bad news regarding the US economy, causing stocks to fall and Wall Street traders to pile into bullion. US markets were choppy on the first trading day after June 1, when the United States increased the tariff on $200 billion of Chinese imports from 10% to 25%. Shares of the so-called 'FAANG' stocks slumped, pulling the S&P 500 and the D...Read More