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Metal ETFs Sizzled In August
Wednesday, September 6, 2017 - 8:01am | 606Read More...August wasn't a great month for stocks. It was the first month of 2017 the S&P 500 finished lower, but some other asset classes shined. Exchange traded funds dedicated to industrial and precious metals were among last month's most durable performers. “In August, the Dow Jones...
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A New Gold ETF For Frugal Investors
Friday, September 1, 2017 - 8:22am | 580Read More...Exchange-traded funds have made gold investing accessible to a broader swath of investors, a theme pioneered by the SPDR Gold Shares (NYSE: GLD). Today, GLD is the world's largest bullion-backed ETF and that success has, predictably, invited plenty of competition. Typically, the most effective...
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Copper Tries To Win Gold Among Commodities
Friday, August 25, 2017 - 9:40am | 538Read More...For all the talk about slumping commodities prices against the backdrop of a weaker dollar, there is copper. One of the most widely watched commodities is surging this year. After climbing about 2 percent on above-average volume on Thursday, the iPath Bloomberg Copper Subindex Total Return ETN (...
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Newsflow Is Turning Positive For Steel Industry, US Steel
Thursday, July 13, 2017 - 10:14am | 341Read More...The steel industry could soon move much higher, according to Longbow Research analyst Chris Olin. “Recent conversations with North American distributors levered to the energy markets suggest NT upside potential for the U.S. Steel (X) [United States Steel Corporation (NYSE: X)] Tubular Segment...
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Going For The Gold With A New Gold Miners ETF
Friday, June 30, 2017 - 9:58am | 631Read More...Exchange-traded funds have popularized investing in gold miners and made that asset class more accessible to a broad swath of investors. For example, the two largest gold miners ETFs have a combined $12.1 billion in assets under management and are among the most heavily traded ETFs in the U.S. The...
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Catalysts On The Horizon For Metals & Mining Group; Deutsche Bank Upgrades, US Steel, AK Steel To Buy
Friday, June 23, 2017 - 11:10am | 540Read More...After a rough start to 2017, steel investors may have a better go of it in the second half of the year. Deutsche Bank analyst Jorge Beristain has upgraded a handful of steel and aluminum stocks and is now constructive on steel prices following a sluggish second quarter. U.S. hot-rolled coil prices...
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An ETF Idea For The Fed Meeting
Monday, June 12, 2017 - 8:27am | 479Read More...Next week is a Federal Reserve week with plenty of market participants expecting the Federal Open Market Committee to boost U.S. interest rates. Gold and the related exchange traded products, including the SPDR Gold Shares (NYSE: GLD), often come into focus during Fed weeks. What Fed Means For Gold...
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More Bad News For U.S. Steel? Analyst Sees Signs Of Price Risk
Tuesday, May 9, 2017 - 1:14pm | 705Read More...It looks like United States Steel Corporation (NYSE: X) shares may not stage a near-term recovery from the wounds inflicted by a post-election retreat and subsequently a lackluster first-quarter earnings report. Source: Y Charts The bleak prognostication comes amid the release of a note by...
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A Surprise Friend For Gold ETFs
Monday, May 8, 2017 - 8:51am | 451Read More...The past few weeks have been unkind to gold and the related exchange-traded funds, but the SPDR Gold Trust (ETF) (NYSE: GLD) is still up nearly 7 percent year-to-date. GLD's year-to-date showing is arguably impressive amid tepid first-quarter demand for quarter. Additionally, the Federal...
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U.S. Steel Has Now Given Up Almost All Of Its Trump Gains
Tuesday, May 2, 2017 - 11:47am | 466Read More...United States Steel Corporation (NYSE: X) was one of the hottest Trump stocks in the weeks following the election, roughly doubling between early November and mid-February. Just over two months later, almost all of those gains are gone. From Disappointing Earnings To Unfulfilled Promises U.S. Steel...
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Gold Did Something Really Interesting In April
Tuesday, May 2, 2017 - 8:19am | 593Read More...The SPDR Gold Shares (NYSE: GLD), the world's largest exchange-traded product backed by physical holdings of gold, rose 1 percent in April. On the surface, that does not sound all that impressive. After all, there have certainly been months over GLD's lengthy trading history that the ETF...
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Erratic Trump Prompts Investors To Seek Safety In Silver, Gold
Thursday, April 20, 2017 - 12:06pm | 507Read More...Precious metals were the best-performing commodities of the first quarter, and some analysts believe the volatile nature of President Donald Trump’s first months in office played a big part. A composite of the active month futures prices of the four exchange-traded precious metals moved...
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Time To Buy? Platinum Not Worth Its Weight In Gold
Friday, April 7, 2017 - 11:13am | 416Read More...Platinum, usually among the most precious of metals, isn’t even worth its weight in gold these days. Some analysts suggest it’s a good time to buy. “If continued negative supply dynamics persist, the platinum price forecast for the next three months may see its rightful time on...
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Silver Shines Among 2016's Best ETFs
Wednesday, December 28, 2016 - 11:09am | 604Read More...This is how strong silver and the related exchange-traded funds have been in 2016: The iShares Silver Trust (ETF) (NYSE: SLV) labors 23.2 percent below its 52-week high set in August, putting the largest silver ETF in a bear market, but SLV is still higher by 14.7 percent year-to-date. Although...
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U.S. Steel Just Keeps Ripping
Wednesday, December 7, 2016 - 5:04pm | 326Read More...United States Steel Corporation (NYSE: X) is building on its post-election gains, even as it perches on a two-year high. The most recent catalyst being a tweet by CNBC's Brian Sullivan that CEO Mario Longhi revealed plans to rehire up to 10,000 workers previously let gone due to slowing...
















