The big Greek rumors are already being refuted today, but it doesn’t matter. Friday’s big rumor is that Greece will leave the Eurozone. Our prediction: this rumor is not true now, but…
Vale SA (NYSE: VALE), one of the world’s leading producers of iron ore posted record profit in the first quarter of $6.8 billion. Even discounting a one-time gain on the sale of…
Today’s commodity news focuses on the dramatic decline virtually across the board in commodity prices. There’s also news on the Glencore IPO and on a big corn buy from China. Led by…
The death of the silver trade is playing out even faster than the oil bubble popped in mid-2008. Silver is truly living up to its name “The Devil’s Metal.” The margin requirements…
The recent weakness in stocks could just be the start of what to expect in the weeks ahead. It is early May and already we have seen the Dow Jones Industrial Average…
We are seeing several key movers in the after-hours session, some based on earnings and some based upon other events. Those on the move are BMC Software Inc. (NYSE: BMC), Hansen Medical, Inc.…
The sell-off in shiny metals leads off today’s commodities news. We also note new data that shows the US is a net exporter of oil for the first time in 20 years…
There is a common belief of the skeptics that the market is designed to cause the most financial pain possible, and the moves in cult stocks can be more painful than most…
Today’s commodities news starts off with new highs for aluminum, and still falling silver prices, low numbers on corn plantings, and lowering of the outlook for cotton. As prices for some commodities…
Today’s commodities news reflects on the sharp drop in silver, continuing softness in cotton prices, and another fall in grain prices. The fall in silver prices immediately following the announcement of the…
The reaction to the death of terror mastermind Osama Bin Laden has had what feels like a very limited impact on key financial markets, particularly if you go back and relive the…
Jon OggThis last week brought many reactionary calls from analysts after earnings. Our goal in the top analyst calls of the week is not to highlight after-the-fact research but to highlight those…
One factor driving the price of silver through the roof is its use in industrial products. About half the world’s demand for silver comes from industries such as solar PV makers like…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. AGCO Corporation (NASDAQ: AGCO) Maintained Outperform as Bull of the Day at Zacks.…
The recent rise of silver and gold is hopefully the last wave of the new buyers hedging against inflation and buying protection against uncertainty in hard assets over paper money. Sadly, that might…
