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Oil speculators can profit from new Iranian sanctions

Growing up in Massachusetts, my mother used to say, "Live long enough, and you'll see just about anything happen in politics." And she was right. A wrestler, a standup comic, several movie actors, and former sports figures have been elected to office; t...

Oil Price Fundamental Daily Forecast – ...

Oil Price Fundamental Daily Forecast – Supply/Demand Picture Rosy; Low Volume Biggest Concern for Traders Speculative buyers have been driving prices higher for weeks on the hope of supply cuts and a trade deal. Low pre-holiday volume could cause these buyers to curtail...

Natural gas: Future of the auto industry?

As billionaire T. Boone Pickens and politicians on Capitol Hill debate whether to offer tax credits to help facilitate a transition to natural-gas-fueled trucking fleets, U.S. automakers Chrysler and General Motors ( NYSE: GM , Stock Forum ) are rolling out their own pl...

PDAC 2021 Day 2: EV Battery Metals

PDAC – the must attend event for the world’s mineral exploration and mining industry kicked off on Monday and continues on today, highlighting the Electric Vehicle battery metals markets. Four C-Suite industry experts sat down too speak with Simon Druker...

The Power of Palladium

The StockTalk Podcast Hosts Expert Panel on Palladium & PGMs Palladium is a rare, precious metal – one of the six platinum group metals (PGMs). Its very name conjures up exotic images of a glistening, space-age metal with a price-tag that matches its scarcity. ...

What Do These Three Charts Have in Common?

Bob Moriarty of 321gold provides three charts for readers. Hint: That's what massive tops look like. Don't tell anyone else, I want to keep it a secret between you and me. Bob Moriarty founded 321gold.com , with his late wife, Barbara Moriarty, more...

Palladium Surges above $2,400. Is It Sustainable?

A new day, a new record in palladium! Is there any stopping it from reaching another high? What’s next in store for the white metal? If you thought gold had a good year, you were wrong. OK, maybe not wrong, but palladium enjoyed larger gains . Just lo...

BJ's Club Shares Rise 18% on Q1 Comparable Store Net Sales Growth of 19.9%

Shares of BJ's Wholesale Club Holdings reached a new 52-week high price today after the company reported that comparable club revenues in Q1/20 excluding gasoline sales increased by 27% year-over-year. Membership warehouse club BJ's Wholesale Club Holdings Inc. (B...

Gold Is Due a Correction

All markets go up. All markets go down. No market ever goes straight up unless it's the end of the world and in that case why would you care? Gold hit bottom in early 2016. Smart money was buying then. Gradually gold rose and fell with the tide until lately when it we...

Silver, Gold and Platinum Are Due a Break

When you are climbing the steepest of mountains, especially at high altitudes, it can be tiring. If you start getting a nosebleed, you are simply working too hard and need a break. The DSI (Daily Sentiment Index) on gold hit 97 four weeks ago and while it has struggled ...
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