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Metals News and Commentary

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Mon, May 13th, 2024
Copper (HG_F) Elliott Wave : Forecasting the Rally from the Equal Legs Zone

In this technical article we’re going to take a quick look at the Elliott Wave charts of Copper Futures HG_F, published in members area of the website. As our members know, Copper is showing impulsive...

Dollar Falls Slightly on Lower Bond Yields

The dollar index (DXY00 ) on Monday fell by -0.06%. The dollar was under pressure Monday from lower T-note yields, which weakened the dollar’s interest rate differentials. The dollar was also undercut...

DXY00 : 105.281 (+0.06%)
^EURUSD : 1.07854 (-0.04%)
^USDJPY : 156.426 (+0.13%)
GCM24 : 2,348.7 (+0.24%)
SIN24 : 28.565 (+0.43%)
Is This ETF Really Like Buying 'Bitcoin Without the Pump'?

Analyst Larry McDonald makes a bullish case for platinum over gold as investors increasingly flock toward precious metals for their safe-haven appeal.

GCM24 : 2,348.7 (+0.24%)
SIN24 : 28.565 (+0.43%)
PLN24 : 1,012.2 (+0.14%)
GLD : 216.26 (-1.12%)
$SPX : 5,221.42 (-0.02%)
PLTM : 9.72 (+0.61%)
PLY00 : 1,010.00s (+1.51%)
Compelling Fundamentals Drive Unusual Options for Iamgold (IAG)

With inflation remaining a constant struggle for the Fed, IAG stock should be a cynically intriguing idea for concerned investors.

IAG : 4.21 (-2.09%)
SPY : 520.91 (+0.01%)
Silver Can See More Gains After A Bullish Breakout

Silver Can See More Gains After A Bullish Breakout, as we see it in an impulsive recovery from technical perspective.

Dollar Slips on Lower Bond Yields and Strength in Stocks

The dollar index (DXY00 ) this morning is down by -0.17%. The dollar is under pressure today from lower T-note yields and strength in stocks, which reduces liquidity demand for the dollar. The dollar...

DXY00 : 105.281 (+0.06%)
^EURUSD : 1.07854 (-0.04%)
^USDJPY : 156.426 (+0.13%)
GCM24 : 2,348.7 (+0.24%)
SIN24 : 28.565 (+0.43%)
Morning Express

Subscribe to our daily Morning Express for daily insights into Precious Metals like Gold and Silver, Crude Oil and more! Technicals, including our proprietary trading levels, and actionable market bias....

2 Silver Mining Stocks to Buy While They're Cheap

Here are two low-priced silver mining stocks that analysts expect to rally from here.

SIN24 : 28.565 (+0.43%)
MAG : 12.44 (-2.05%)
SVM : 3.54 (-1.39%)
Dollar Sees Support from Hawkish Fed Comments

The dollar index (DXY00 ) Friday rose slightly by +0.07%. The dollar saw support from hawkish Fed comments and negative inflation news, which sparked a +4.9 bp rise in the 10-year T-note yield to 4.502%...

DXY00 : 105.281 (+0.06%)
^EURUSD : 1.07854 (-0.04%)
^USDJPY : 156.426 (+0.13%)
GCM24 : 2,348.7 (+0.24%)
SIN24 : 28.565 (+0.43%)
Are the Gold and Silver Corrections a Compelling Buying Opportunity?

Gold rose to a new all-time peak, and silver almost reached $30 in April before the leading precious metals corrected. The decline from the recent highs could be another golden opportunity for traders...

GCM24 : 2,348.7 (+0.24%)
SIN24 : 28.565 (+0.43%)
$DXY : 105.26 (+0.06%)

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Evergrande is accused of committing fraud totaling $78 billion, which would make it the largest case of financial fraud in history, surpassing that of Enron, WorldCom, FTX, and even Bernie Madoff's $68 billion ponzi. https://t.co/KmBzFmtiLx
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JP Morgan’s Game Plan for CPI Day (reminder: they are almost always wrong) https://t.co/YQXKafXLtz
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The Mounting Wall of Debt facing Small Caps is staggering. They will need to refinance $620 billion (or 75%) of their debt by 2029! https://t.co/OKFReMTncw
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Wheat surges to highest price since July 🚨 https://t.co/osCgJbEcq7
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Roaring Kitty pumps meme stocks like $AMC and $GME to the moon and Fear & Greed Index is Neutral? wut? https://t.co/BN1Vy5Q3cw
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AMC Entertainment $AMC with the God Candle https://t.co/dbyk0I0gJ0
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Wall Street Journal columnists reportedly generated an 80% return in a year by throwing darts at a board. That's neat 😂 https://t.co/Sk5Hd4oKsq
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BREAKING 🚨: GameStop Short Sellers Short Sellers in $GME have reportedly lost more than $1 billion from today's huge move according to S3 partners https://t.co/8BDQKtRRtx https://t.co/Of7BxXU3N2

Barchart Metals News

Dollar Falls Slightly on Lower Bond Yields
The dollar index (DXY00 ) on Monday fell by -0.06%. The dollar was under pressure Monday from lower T-note yields, which weakened the dollar’s interest rate differentials. The dollar was also undercut by uncertainty ahead of this week’s US inflation reports. The dollar recovered from its worst levels after the... Read more

Chart of the Day

Oscar Health Inc Cl A (OSCR)

The Chart of the Day belongs to health insurance company Oscar Health (OSCR) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart...
Read More

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