Junior Mining News

The week of July 30 presents breakout traders gold, Eurodollar and crude oil setups. All three are in narrow ranges on multiple time frames with inside-range pivots, compared to this week. Monthly pivots are also inside-range on the Eurodollar and crude oil, making this a time-pivots breakout as well. If one considers the last 10 […]

All three of these currency pairs–the euro/U.S. dollar (EUR/USD), Aussie dollar/U.S. dollar (AUD/USD) and the British pound/U.S. dollar (GBP/USD) — currency look great and are easy to count. Looking first at the GBP/USD, we see a five-wave drop in play down from 1.3213 area which is a trait of a bearish impulse, and which suggest

Facebook lost about $119 billion of its value on Thursday, marking the biggest one-day loss in U.S. market history. The company’s shares plunged $41.24, or almost 19%, to $176.26 a day after the social media giant reported disappointing results. The slide is the largest decline in market capitalization in history, exceeding Intel’s $91 billion single-day

Global risk sentiment remains somewhat supported by easing trade tensions between Washington and Brussels with stock markets poised to conclude the trading week on a firm footing. Asian stocks have already closed on a mixed note this morning, with European markets stabilizing ahead of the anticipated U.S. GDP report this afternoon. Although the gut-wrenching selloff

U.S benchmarks are eyeing a strong finish to the week after the S&P 500 closed at the highest level since Jan. 29, the session in which it set its all-time. Amazon beat earnings estimates yesterday after the bell and its gain of 4% premarket has helped the Nasdaq shrug off Facebook’s record loss as it

Big oil is back, and we have earnings today but so is big LNG. OK, maybe the market for Liquefied Natural gas isn’t big yet but it is going to be. President Donald Trump boasted that “Europe will be a massive buyer of U.S. LNG as they will be able to diversify their energy supply.”

In a Presidency marked by violating norms, President Trump’s comments talking up today’s US Q2 Advance GDP report were hardly surprising. During a rally at a steel plant in Illinois, the President noted that, …read more From:: Resource Investor