"It is a mania. I know that word scares people, but it shouldn't," the Bianco Research president told CNBC's "Trading Nation" on Tuesday. "The great thing about a mania is you make a lot of money fast. The hard thing about a mania is getting out with that money."Bianco suggests it's the wrong time to bail on stocks. He believes the market is early in the manic stage, and he draws a comparison to t...Read More

Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and is the author of the book: 7 Steps to Win With Logic.Read More

"President Biden has said that we'll review the entirety of that relationship to make sure that it advances the interests and is respectable and is respectful of the values that we bring to that partnership," Continue...Read More

Corn and Soybean prices are the highest in 7 years. That has a ripple impact on feeding livestock.Continue...Read More

In his first such public appearance since the campaign, President Biden joined CNN's Anderson Cooper on stage last night in Milwaukee in a Continue...Read More

Oil, agricultural commodities and copper are just some of the real assets soaring right now as inflation expectations and interest rates continue to rise.Continue...Read More

Investors are already starting to see that inflation is out there and that's why I likeContinue...Read More

Silver investors have expressed concerns for more than a decade that the iShares Silver Trust ETF (SLV)Continue...Read More

Greater use of scrap in the steelmaking process will be an important step toward achieving a sharp drop in CO2 emissions, the Japan Iron and Steel Federation (Jisf) said."We support and contribute to Japan's ambitious policy of carbon neutrality by 2050 and to that end, the Japanese steel industry will boldly take on the challenge of achieving zero-carbon steel," the federation said on Tuesday Feb...Read More

Insisting on factual accuracy does not make one an apologist for the protesters. False reporting is never justified, especially to inflate threat and fear levels.Continue...Read More

A summary of Rio Tinto's results for the full year 2020, to December 31, and its new emissions reduction goals. In brief Rio Tinto generated $15.9 billion net cash from operating activities in 2020, 6% higher than 2019.The improvement was primarily driven by higher iron ore prices and stability in its operating performance. Rio Tinto's underlying earnings before interest, taxes, depreciation...Read More

Here are five Fastmarkets stories you might have missed on Wednesday February 17 that are worth another look.All future new-build vessels to be owned by shipping operator Maersk will have dual-fuel technology installed, allowing either carbon-neutral operations or the use of standard very low sulfur fuel oil...Read More

Steel billet exporters in Iran have managed to achieve recent deals at higher prices because customers in the Middle East-North Africa (Mena) region have accepted a price uptick amid positive signs in the semi-finished steel and raw materials sectors.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, was calculated at $404.31 per tonne on Tuesday Februa...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday February 17. Key drivers Limited supplies of titanium scrap pushed the low tin (Sn 0.5%) content grade price to a high last seen in August 2012, while higher tin content grade (Sn 0.5-2%) reached a high last seen in January 2013.European suppliers are positioning themselves for firmer demand in early March for second-quarter delive...Read More

The European Commission has initiated anti-subsidy proceedings concerning imports of cold-rolled stainless steel from India and Indonesia, it said in a notice in the official journal of the European Union on Wednesday February 17. The proceedings follow a complaint lodged by European steel association Eurofer on January 4 on behalf of the stainless steel industry in the European Union. The EU impo...Read More

Corrections in Gold and Gold Stocks are completely normal in an inflationary macro market phaseSee also The Normalcy of Gold posted on February 16.Every week I notice the agony ratcheting up incrementally. While the rest of the casino takes off to the speculative heavens, gold sits on its heavy ass and the gold miners go nowhere in a downward-biased perma-correction. Or so it seems. It’s all...Read More

Prices for steel hollow sections in Europe have moved up this week but with feedstock tightness remaining an issue, market sources told Fastmarkets on Wednesday February 17.Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?860-880 per tonne ($1,043-1,067) on Wednesday, up from ?,?850-870 per tonne week on week.The price of hot-rolled coil has on...Read More

Sales of passenger cars in the EU dropped by 24.04% year-on-year in January 2021, the European Automotive Manufacturers Association (ACEA) said on Wednesday February 17.New car sales in the EU totaled 726,491 vehicles in January 2021, down from 956,447 units sold in the corresponding month of 2020."In January 2021, the EU passenger car market posted an accelerated decline, as Covid-19-related rest...Read More

Here are five Fastmarkets stories you might have missed on Wednesday February 17 that are worth another look.All future new-build vessels to be owned by shipping operator Maersk will have dual-fuel technology installed, allowing either carbon-neutral operations or the use of standard very low sulfur fuel oil...Read More

Thyssenkrupp has terminated sale negotiations for its Steel Europe business to Liberty Steel due to different pricing expectations, Fastmarkets heard on Wednesday February 17."We opened the door for negotiations, but in the end our ideas about the corporate value and the structure of the transaction were far apart. We have therefore decided to end the talks," Dr Klaus Keysberg, chief financial off...Read More