The Chinese ferro-silicon price moved up in the past week in line with upstream costs while suppliers look to new consumer tenders expected in the coming days; new quarterly settlements have weighed on the spot market in Europe. China heads higher on upstream costs  Chinese suppliers expect April consumer delivery tenders  Europe dragged down on second-quarter deals  US market rema...Read More

It was a broad-based rally on Wall Street Stocks had a strong showing today, rallying out of the gate for a convincing start to the second quarter. Traders cheered signs of improving economic conditions in China and the U.S., with tech shares leading the S&P 500 and Nasdaq higher. Still, strength was seen across the board, as the financial sector, including Dow components JPMorgan Chase, Goldman S...Read More

The brokerage firm downgraded the shares to "hold"It's a rip-roaring start to the second quarter, with the stock market rallying on upbeat global manufacturing data. Among individual stocks making notable moves are online family care marketplace Care.com Inc (NYSE:CRCM), marketing analytics firm Comscore, Inc. (NASDAQ:SCOR), and pulmonary disease specialist Pulmatrix Inc (NASDAQ:PULM). Here's a qu...Read More

A bearish signal just flashed amidst the gaming sector's Macau liftCasino stock Las Vegas Sands Corp. (NYSE:LVS) is higher, along with several sector peers, after Chinese gambling territory Macau reported well-received revenue data for March. As a result, the security is up 3.7% at $63.26 -- trading at a level not seen since early September. However, traders may not want to bet on LVS just yet. Th...Read More

The security tends to struggle in April, tooThe shares of Puma Biotechnology Inc (NASDAQ:PBYI) are down 9.3% to trade at $35.29, one of the worst stocks on the Nasdaq today, after the company inked an exclusive licensing deal with Pierre Fabre to develop and commercialize its cancer treatment, Nerlynx, in the European Union. The shares are likely suffering because, as analysts at Guggenheim and...Read More

Craig-Hallum believes the Apple troubles could persist for CirrusFabless semiconductor concern Cirrus Logic, Inc. (NASDAQ:CRUS) is trading sharply lower today, after Craig-Hallum said the company's adaptive noise cancellation (ANC) is not in the new Apple AirPods 2, according to iFixit teardown. What's more, the brokerage firm suggested more Apple-related headwinds could be in store, since its cha...Read More

Speculators are gambling on more short-term upsideCasino stocks are mostly higher today, thanks to the latest data out of gambling enclave Macau. Specifically, while Macau revenue fell 0.4% year-over-year in March, it was the biggest month of 2019 and was in line with expectations. In addition, optimism about U.S.-China trade relations is also likely boosting stocks with exposure to both countries...Read More

The stock has been among the best to own in Q2, historicallyThe shares of video game maker Electronic Arts Inc. (NASDAQ:EA) ended the first quarter with a gain of nearly 29% -- their best quarter since the end of 2014. What's more, EA stock could extend its 2019 rally over the next few months, if recent history is any indicator.Specifically, the maker of the "Apex Legends" and "Battlefield V" game...Read More

In an interview I did last week with USA Watchdog's Greg Hunter, I came across as a lukewarm gold bull. Although many of those who commented apparently agreed with my grim deflationary scenario for the global economy, the negative implications this could have for gold did not resonate with Greg's audience.In fact, I see significant appreciation potential for gold, although not to the celestial...Read More

By: David Chapman Elliott Wave International (www.elliottwave.com) (EW) recently noted an interesting piece of market symmetry in an addendum to its March 2019 Elliott Wave Theorist dated March 26, 2019. We thought it interesting enough to repeat it to the readers of the Technical Scoop. What EW showed was how the topping process of 2018-2019 has mirrored to a "striking degree" the topping p...Read More

GameStop stock has struggled to break above key levels of resistanceInvestors are gearing up for a quarterly report out of GameStop Corp. (NYSE:GME), set for after the market closes tomorrow, April 2. Below we will take a look at how the video game retailer has fared on the charts, and dive into what the options market is pricing in for the stock's post-earnings move.GameStop stock is down 0.6% a...Read More

Use gold to protect any IRA, 401(k), or retirement account from a looming financial crisis. Every American needs to learn how to protect and secure their retirement against the worst stock market crash in history, and this IRA/401KInvestment Guide 2019 is one way the average American can help protect their investments in the event of a crisis.Jim Rickards is the nation's most vocal and intellig...Read More

The passage of Bill C-45 could be a signal to early investors that pot stocks are ready to pop.With Bill C-45 now in effect, it's possible that in the very near future, investors may be seeing stock market gains that will never be seen again. This is a sentiment echoed by The New York Times, which reported that when this bill passes as expected, it will "completely legalize marijuana as a consu...Read More

Traders are cheering strong data from the U.S. and ChinaThe Dow Jones Industrial Average (DJI) is up more than 250 points at midday, on lingering optimism over this morning's encouraging Chinese manufacturing data. Echoing that, U.S. manufacturing activity rebounded in March, per the latest data from the Institute for Supply Management (ISM), while February construction spending increased. As suc...Read More

MSFT options are attractively priced at the momentMicrosoft Corporation (NASDAQ:MSFT) is less than two weeks removed from its March 21 record high of $120.82. Amid MSFT's climb up the charts, call options have been flying off the shelves lately. In fact, the equity showed up on Schaeffer's Senior Quantitative Analyst Rocky White's list of stocks that have attracted the highest total options volume...Read More

Turkey's flat steel exports increased by 38.12% year on year in February 2019 amid increased demand in Europe, according to the latest figures from the Turkish Statistical Institute (TUIK).Yet current demand for flat steel is weak in the country's key export markets, so export volumes may decrease in the next few months, Turkish market participants told Fastmarkets.Turkish producers have been offe...Read More

China's long steel market recovered in March because of seasonal factors, with domestic demand picking up after the Chinese New Year in February amid improved weather conditions, boosting prices and output.Domestic demand for long steel products are likely to continue to rise in April given the expectations of growth in the domestic infrastructure and property sectors.Long steel output in the firs...Read More

By: Keith WeinerWe think we are the only generation to be smart. In the 19th century, they did not have the internal combustion engine. In the 18th century, they did not have the railroad. In the 17th century, they did not have the piano. So, most people assume, they were dumb. They did not know about smart phones, so they would not have understood anything. Such as money.So let's tell the...Read More

StrengthsThe best performing metal this week was platinum, up 0.26 percent as money managers boosted their positions on expectations for higher prices. Gold traders remained bullish this week even though the yellow metal tumbled below $1,300 an ounce, according to the weekly Bloomberg survey. Turkey saw its gold reser...Read More

By: Dave Kranzler"The reason nobody really knows what caused the financial crisis is that no one asked Ben Bernanke, Chairman of the Federal Reserve at the time, or Hank Paulson, the Treasury Secretary at the time, exactly why they were lying about why those banks supposedly needed a bailout" - John Titus, "The $1 Trillion Devil in the DetailsMany people believe what happened in 2008 is settled...Read More