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Despite Commodity And Resources Rally, Metals Pricing Recovery Is Not Immanent
Thursday, May 26, 2016 - 1:53pm | 433Read More...In a sector battling overcapacity, a Wall Street Journal report says miners are not seeing the imminent recovery in commodity prices or resources that rallied through much of this year, and unfortunately, this month's figures headed still lower. A Rally, But No Recovery? "From lows hit as early as...
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Axiom: Stay Away From Mining Stocks
Monday, May 23, 2016 - 11:04am | 379Read More...It may still be too early to be bullish on metals and mining stocks. Axiom analyst Gordon Johnson believes the Federal Reserve’s hawkish commentary last week will trigger another leg down for a number of global metals, mining and mining equipment stocks. According to Johnson, the biggest...
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Goldman: 2 Upgrades, 2 Downgrades For Gold Miners
Wednesday, May 11, 2016 - 9:59am | 403Read More...The worst part of the three-year decline in gold prices may be over. Goldman Sachs analyst Andrew Quail has raised the firm’s price target for gold and issued two stock upgrades and two downgrades among gold miners. Goldman has upped its 2017 gold price forecast from $1,000/oz to $1,150/oz....
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A Reason Not To Trust The Coal ETF's Rally
Thursday, March 10, 2016 - 2:26pm | 551Read More..."Don't fight the tape." It is sound advice. So, with that in mind, the point here is not to tell readers to be quick to short the Market Vectors-Coal ETF (NYSE: KOL), but rather to be informed and make decisions accordingly based upon what is right for an individual's portfolio. Calling KOL...
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Miners Sell Off After Bonanza Creek Downgrade, Vale Partnership
Tuesday, March 8, 2016 - 11:42am | 406Read More...Bonanza Creek Energy Inc (NYSE: BCEI) is down 15 percent in early trading Tuesday, on the back of recent downgrades and news within the space. Northland Securities downgraded Bonanza last month from Outperform to Market Perform, and on Tuesday, Credit Suisse circulated a research note regarding...
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Some Say The Gold Miners Trade Is Back
Friday, February 26, 2016 - 4:03pm | 610Read More...At this writing late in Friday's session, the Direxion Daily Gold Miners Bull 3X Shares (Direxion Shares Exchange Traded Fund Trust (NYSE: NUGT)) is down nearly 10 percent, while its small-cap counterpart, the Direxion Daily Junior Gold Miners Index Bull 3X Shares (Direxion Shares Exchange...
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Vale Loses 5% Following Production Report, Iron Ore Output Falls Short Of Expectations
Thursday, February 18, 2016 - 11:58am | 233Read More...Shares of Vale SA (ADR) (NYSE: VALE) were trading lower by more than 5 percent on Thursday after the company released its fourth quarter and full year fiscal 2015 production metrics. Vale said its iron ore output rose 2.9 percent from a year ago to 85.4 metric tons but fell short of the 88.3...
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Miners: The Best Way To Play A Rate Hike?
Monday, December 14, 2015 - 12:11pm | 505Read More...Credit Suisse believes that the mining sector could offer the best buying opportunity ahead of a Federal Reserve interest rate hike. Fed tightening will likely lead to weakness in the U.S. dollar. Historically, commodity prices have outperformed in the six month following the first rate hike of a...
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The Price Of Nuclear Energy
Friday, July 10, 2015 - 1:17pm | 391Read More...Since the advent of atomic power, over 30 countries across the world have been operating 437 reactors to produce what many believe is a cleaner alternative to fossil fuels for generating electricity. However, nuclear energy comes with its own waste, which the World Nuclear Association has estimated...
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3 Cheap Stocks That Are Great Deep Value Investment Ideas
Tuesday, May 20, 2014 - 11:19am | 800Read More...John Templeton was one of the first US investors to engage in a more global attempt to find potentially profitable stocks. Templeton was a value investor, and he scoured the globe in search of bargains. His investors won big, earning 14.5 percent annually on average from 1954 to 1992. Today,...
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What Are Eric Sprott's Favorite Mining Stocks?
Wednesday, July 6, 2011 - 2:43pm | 411Read More...Eric Sprott, CEO of Sprott Asset Management and a major player in the precious metals markets, has made some huge bets on specific gold and silver miners, most of which have already paid off in a big way. In fact, assets under management at Sprott, Inc. were $9.7 billion at the end of Q1 2011...
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Copper Bounces Back
Sunday, June 13, 2010 - 4:09pm | 222Read More...Slumping nearly 18 percent in demand, copper prices headed towards their longest slide since May of 2009. However, the orange metal has rebounded sharply, based on increased demand from China. The Asian tiger’s economy gained 11.9 percent in last quarter and industrial production surged nearly 16.5...









