metals

The bullish case for Alcoa Corp (NYSE: AA) is based on expectations for the metals company to take full advantage of a "constructive outlook" for aluminum, according to Morgan Stanley. The Alcoa Analyst: Carlos De Alba upgraded Alcoa from Equal Weight to Overweight with a price...

Cleveland-Cliffs Inc (NYSE: CLF) announced Monday it has signed an agreement to purchase the United States unit of ArcelorMittal S.A. (NYSE: MT). What Happened: The $1.4 billion transaction would be made on a cash-free and debt-free basis with 78.2 million shares of the Cleveland-Cliffs common...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The metals market is as hot as it’s been in a long time. Spot gold just made a new all-time high for the first time since 2011, and...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The performances of precious metals have diverged wildly in 2020.  Spot gold is up 15% year-to-date (as of May 19) and is flirting...

The markets for gold, silver, and other precious metals have been as volatile over the last two months as they’ve been at any point in history.   The worldwide spread of COVID-19 has sent gold rallying to 7-year highs. Silver, meanwhile, sold off to an 11-year low in March before...

The market’s a hungry beast and the Fed gave it something to eat, but it hasn’t been satiated yet. Stocks resumed their downhill slide Tuesday and 10-year yields dropped below 1% for the first time ever after the Fed surprised with an emergency 50-basis point easing. Stocks initially...

Gold Bugs have been enjoying a bullish run since late 2018, and a new leg up may be developing. Gold futures moved into new yearly highs above 1,620 in the premarket, pushing into their highest prices since early 2013. The yellow metal’s technicals also are showing strength, logging a bullish...

While experts are somewhat cautious in their estimations, we can now get a better sense of how gold, oil and copper may perform in the new year, while also contemplating how data from 2019 can help form expectations around commodity trading in the new year. The Nature Of Commodity Trading...

I know that many investors follow correlations as if they were gospel. But, do they really understand what a correlation represents? You see, markets are not linear in nature. While two different markets may be traveling in the same direction for a period of time, unless you understand each chart...

By Avi Gilburt, ElliottWaveTrader.net Originally published on Sat Sep 28 for our ElliottWaveTrader members: With the various charts we track unable to complete five waves up off the low struck two weeks, it would seem that we can count all of those charts as having just completed a...

This article is from Benzinga’s Partner Content team The U.S. equities universe is a lot larger than most people realize. While there are over 6,000 stocks that trade on the NYSE and Nasdaq—the two largest U.S. exchanges—U.S. investors actually have access to over 10,000...

Investing in a world fraught by geopolitical uncertainty can be tricky. In the mining and metals industry, there are a number of geopolitical and security drivers shaping today’s business environment for investors to weigh. Acacia's Costly Tanzanian Problem One high-profile case involves...

I am not sure how much more I can add to what has been said over the last two weeks in the metals complex. At this point in time, it is quite clear that the metals are testing support. As specifically noted about silver, the 14.60 support region is what I want to see holding as support here. While...

Arconic Inc (NYSE: ARNC) is a stock that's "bruised" trading south of $18 per share, but to say it's "broken" stock is a mistake, according to Longbow Research.  The Analyst Longbow Research's Chris Olin upgraded Arconic from Neutral to Buy with a new $23...