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Val Kensington

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Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.

More From Val Kensington

  • uploads///gOLD
    Materials

    Gold and Silver Fell on July 22

    At 2:50 PM EDT on July 22, precious metal producers Barrick Gold (ABX), Newmont Mining (NEM), and Royal Gold (RGLD) gained ~1%, ~2.0% ,and ~0.77%, respectively.

    By Val Kensington
  • uploads///dECLINES
    Company & Industry Overviews

    S&P 500’s Top Losses: Why Biogen Declined

    Biogen, which is an American multinational biotechnology company, was the S&P 500’s top loss on June 18.

    By Val Kensington
  • uploads///cOPPER
    Materials

    Copper Weaker on August 19 Due to Weaker Demand Signs

    After starting the day with decreased momentum, copper prices remains mixed on Friday, August 19. At 1:50 PM EDT on August 19, the COMEX copper futures contract for September delivery was trading at ~$2.17 per pound, a gain of ~0.16%.

    By Val Kensington
  • uploads///Base Metals
    Company & Industry Overviews

    All of the Base Metals Recovered Except for Tin

    After a string of losing days, base metals recovered on January 13, 2016. Except for tin, all of the base metals rose on January 13 in the LME.

    By Val Kensington
  • uploads///Commo
    Miscellaneous

    Commodities Are Mixed in the Early Hours on March 19

    At 6:05 AM EST on March 19, the West Texas Intermediate crude oil futures for May 2018 delivery were trading at $62.20 per barrel—a drop of 0.34%.

    By Val Kensington
  • uploads///
    Company & Industry Overviews

    Base Metal Miners Recover

    In the week ended December 26, the equities of all major base metal miners gained, recovering from losses in the week prior.

    By Val Kensington
  • uploads///Copper
    Materials

    Copper Rose to 1-Month High Price Levels on September 20

    At 1:15 PM EST on September 20, the COMEX copper futures contract for December delivery rose ~0.35%. It was trading at $2.16 per pound.

    By Val Kensington
  • uploads///Gold
    Materials

    Gold Rose amid Increased Demand for Safe-Haven Assets

    These economic concerns and monetary stimulus expectations have decreased the probability of an interest rate hike by the US Federal Reserve, and the chances of an interest rate hike in July dropped to zero.

    By Val Kensington
  • uploads///Copper
    Materials

    Copper Weakened amid Recovery in Dollar on August 3

    After starting the day on a weaker note on Wednesday, August 3, copper maintained the same sentiment throughout the day and declined lower.

    By Val Kensington
  • uploads///Copper
    Macroeconomic Analysis

    Copper Remains Stable as Brexit Fears Eased

    Although the fundamentals are not as supportive of the Market’s sentiment, the weakness of the dollar and decreased anxiety over the Brexit vote helped copper on Friday.

    By Val Kensington
  • uploads///tOP
    Company & Industry Overviews

    Best Buy Was the S&P 500’s Top Gainer on May 25

    Best Buy rose to record high price levels on May 25. Despite prevailing weakness in the retail sector, Best Buy posted upbeat first quarter results.

    By Val Kensington
  • uploads///copper
    Macroeconomic Analysis

    Copper, Gold, and Silver Are Trading Lower on Thursday Morning

    Copper is trading lower on Thursday. At 6:36 AM EST, the COMEX copper futures contract for July delivery was trading at $2.06—a decline of 1.1%.

    By Val Kensington
  • uploads///cOPPER
    Macroeconomic Analysis

    Why Did Copper Ignore Stimulus from China?

    Copper prices experienced a roller coaster ride on Monday after important market-moving news from China.

    By Val Kensington
  • uploads///Miners weekly
    Company & Industry Overviews

    Base Metal Miners Declined the Week Ended January 2, 2016

    The equities of major base metal mining companies fell in the week ended on January 2. Freeport-McMoRan, one of the leading copper producers, fell last week and ended in a loss.

    By Val Kensington
  • uploads///Miners
    Macroeconomic Analysis

    Base Metal Miners on Tuesday, March 22: Some Up, Some Down

    Freeport-McMoRan (FCX), one of the largest copper miners, rose for the second consecutive trading day on Tuesday, March 22, 2016. It closed the day at $10.99, a rise of 1.8%.

    By Val Kensington
  • uploads///Freeport
    Macroeconomic Analysis

    Why Did Merrill Lynch Resume Coverage of Freeport-McMoRan?

    On Wednesday, March 2, 2016, Merrill Lynch resumed Freeport-McMoRan’s (FCX) coverage, with a neutral rating and a price target of $9.

    By Val Kensington
  • uploads///Miners
    Macroeconomic Analysis

    Base Metal Miners Freeport-McMoRan and Glencore Fell Last Week

    Freeport-McMoRan is one of the largest copper miners in the world. It fell for the second consecutive trading week. In the week ending on April 2, it fell 2.2%.

    By Val Kensington
  • uploads///gold
    Macroeconomic Analysis

    Gold Trading around $1,300, Silver Declines

    At 8:45 AM Eastern time, gold futures contracts for June delivery were trading at $1,298.75 per ounce, a gain of 0.23%. Silver was trading at $17.59 per ounce, a loss of 0.37%.

    By Val Kensington
  • uploads///gAINERS
    Company & Industry Overviews

    S&P 500’s Top Gainers: FLIR Systems Rose to Record Highs

    FLIR Systems was the S&P 500’s top gainer on July 25. FLIR Systems opened higher on July 25 and rose to record high price levels.

    By Val Kensington
  • uploads///Euro
    Macroeconomic Analysis

    European Markets in the Morning Session on February 5

    At 5:05 AM EST on February 5, the DAX Index was trading at 12,728.08—a drop of 0.45%. The iShares MSCI Germany (EWG) fell 2.42% on February 2.

    By Val Kensington
  • uploads///fe
    Macroeconomic Analysis

    European Markets Are Mixed Early on July 20

    At 4:45 AM EST, the FTSE 100 Index was trading at 7,701.14 with a gain of 0.22%. EWU fell 0.43% to $34.49 on Thursday.

    By Val Kensington
  • uploads///Non farm
    Materials

    Why Is Gold Struggling at a 1-Week Low on August 8?

    At 2:40 PM EST on August 8, the COMEX gold futures contract for December delivery was trading at $1,341.35 per ounce—a drop of ~0.23%.

    By Val Kensington
  • uploads///Initial
    Macroeconomic Analysis

    Copper, Gold, and Silver Are Stable Early on October 7

    At 6:35 AM EST on October 7, the COMEX copper futures contract for December delivery was trading at $2.15 per pound—a fall of ~0.12%.

    By Val Kensington
  • uploads///WTI vs Brent
    Macroeconomic Analysis

    Crude Oil Continues to Trade Higher This Morning

    Crude oil continues to trade higher due to positive sentiment surrounding the crude oil market. At 7:38 AM EST, WTI crude was trading at $44.88 per barrel.

    By Val Kensington
  • uploads///Base Metals
    Macroeconomic Analysis

    Why Did Base Metals Fall in the Second Week of March?

    LME nickel fell to lower price levels last week and stood as the biggest loser in base metals. It fell 5.5% and ended the week at $8,830 per metric ton.

    By Val Kensington
  • uploads///
    Company & Industry Overviews

    Base Metals Dive after Opening the Week on a Surge

    All base metals declined that day on the LME, and LME nickel was the biggest loser of the day in base metals with a decline of 2.8%.

    By Val Kensington
  • uploads///Copper
    Materials

    Why Is Gold Trading at Its Lowest Price Levels in 3 Weeks?

    The market is anticipating the speech by the Federal Reserve chair, Janet Yellen, at the annual central bankers meeting to be held in Jackson Hole, Wyoming, on August 26.

    By Val Kensington
  • uploads///Copper
    Materials

    Why Is Copper Trading High in the Early Hours on September 14?

    At 6:20 AM EST on September 14, the COMEX copper futures contract for December delivery was trading at $2.13 per pound—a gain of ~1.2%.

    By Val Kensington
  • uploads///base metals
    Company & Industry Overviews

    Base Metals Continue to Rise in the London Metal Exchange

    The base metals found some relief on January 13, 2016. They carried the same positive sentiment to January 14. All of the base metals rose in the LME.

    By Val Kensington
  • uploads///COPPER
    Materials

    Copper Dove in July 22 Due to a Stronger Dollar

    At 1:15 PM EDT on July 22, major copper producers Freeport-McMoRan (FCX), Billiton (BHP), and Rio Tinto (RIO) fell by ~1.7%, ~1.7%, and ~1.19%, respectively.

    By Val Kensington
  • uploads///Sector
    Company & Industry Overviews

    S&P 500, NASDAQ, and Dow Started the Week on a Weaker Note

    The S&P 500 started March 6 on a weaker note and maintained the weakness throughout the day. The S&P 500 VIX Index measures uncertainty in the market.

    By Val Kensington
  • uploads///S
    Company & Industry Overviews

    Costco Rose, Citigroup Upgraded the Stock

    The S&P 500 Consumer Staples sector rose 0.15% on December 19. Costco Wholesale (COST) and Altria Group (MO) were the top performers.

    By Val Kensington
  • uploads///gAINERS
    Company & Industry Overviews

    Harris Corporation: S&P 500’s Top Gainer on January 30

    Harris Corporation was the S&P 500’s top gainer on January 30. On January 30, Harris Corporation gained 6.2% and closed the day at $156.31.

    By Val Kensington
  • uploads///Fea
    Macroeconomic Analysis

    Asian Markets Are Strong amid Holidays

    The Hang Seng Index gained 1.8% and closed the day at 30,828.00 on April 30. The iShares MSCI Hong Kong (EWH) gained 0.39% on Friday.

    By Val Kensington
  • uploads///S
    Company & Industry Overviews

    Why Did the S&P 500, Nasdaq, and Dow Fall on January 17?

    The S&P 500 Index started January 17 on a stronger note, but it wasn’t able to hold the strength due to risk aversion at the beginning of the week.

    By Val Kensington
  • uploads///lOSERS
    Healthcare

    Biogen: S&P 500’s Top Loser on January 8

    Biogen was the S&P 500’s top loser on January 8. Biogen regained strength last week and rose to ten-week high price levels.

    By Val Kensington
  • uploads///NUE
    Materials

    Nucor and Acuity Brands Fell on December 14

    After gaining for three consecutive trading weeks, Nucor started this week higher but lost upward momentum as the week progressed.

    By Val Kensington
  • uploads///Asian
    Macroeconomic Analysis

    Why Are Asian Market Strong on June 6?

    On June 6, the Shanghai Composite Index closed at 3,115.18—a gain of 0.03%. The SPDR S&P China (GXC) gained 0.2% on Tuesday.

    By Val Kensington
  • uploads///Copper
    Macroeconomic Analysis

    How Were Copper, Gold, and Silver Trading on Monday?

    China’s better-than-expected growth in real estate investments in April supported copper prices on Monday.

    By Val Kensington
  • uploads///tOP
    Company & Industry Overviews

    Why Did Transocean Report Weak Quarterly Results?

    Transocean, one of the world’s largest offshore drilling contractors, rose to one-week high price levels on Friday. It’s focusing on cost-cutting measures.

    By Val Kensington
  • uploads///Euro
    Macroeconomic Analysis

    European Markets Are Weak amid Increased Caution

    At 4:45 AM EST today, the FTSE 100 Index was trading at 7,576.18—a gain of 0.12%. EWU gained 0.08% to $36.1 on Monday.

    By Val Kensington
  • uploads///OIL STOCKS
    Materials

    Performance of Companies in Energy and Mining Sectors on September 21

    The companies in the energy sector gained on Wednesday, September 21. The United States Oil ETF (USO) and the PowerShares DB Oil ETF (DBO) rose ~2.7% and ~2.1%, respectively.

    By Val Kensington
  • uploads///oIL STOCKS
    Macroeconomic Analysis

    Performance of Companies in Energy, Mining Sectors on September 16

    The companies in the energy sector fell on Friday, September 16. The United States Oil ETF (USO) and the PowerShares DB Oil ETF (DBO) fell ~1.6% and ~1.5%, respectively.

    By Val Kensington
  • uploads///S
    Company & Industry Overviews

    Health Care and Utilities Sectors: Best Performers on November 29

    The health care sector rose 0.65% on November 29. Alexion Pharm (ALXN) (+5.2%) and Centene (CNC) (+3.9%) are the top performers.

    By Val Kensington
  • uploads///Asian
    Macroeconomic Analysis

    Asian Markets Trade Higher amid Global Market Rally

    After regaining some strength on Tuesday amid improved global market sentiment, China’s Shanghai Composite Index continued to move higher.

    By Val Kensington
  • uploads///S
    Company & Industry Overviews

    S&P 500, Nasdaq, and Dow Closed at Record Highs

    On December 13, the S&P 500, Dow Jones Industrial Average, and Nasdaq rose 0.65%, 0.58%, and 0.95%. They closed at record highs.

    By Val Kensington
  • uploads///gOLD
    Materials

    Gold Inches Higher on Weaker Dollar and Global Uncertainties

    After falling for two consecutive trading days, gold regained its strength on Wednesday, June 29, amid increasing concerns over the stability of the global markets.

    By Val Kensington
  • Miscellaneous

    Commodities Are Stable, Crude Oil Rose to 3-Week Highs

    Crude oil prices regained strength last week amid a decline in crude oil inventory levels and expectations of an extension of the supply cut agreement.

    By Val Kensington
  • uploads///Fianc
    Company & Industry Overviews

    Why Is Netflix Expected to Open Higher on January 19?

    After the market closed on Wednesday, Netflix (NFLX) posted upbeat fourth quarter earnings. It reported $2.48 billion in revenue in the fourth quarter.

    By Val Kensington
  • uploads///gold
    Materials

    Copper Stabilizes While Gold Trades near Two-Year High

    Copper prices stabilized on Monday, July 4, amid expectations of stimulus from central banks.

    By Val Kensington
  • uploads///oil
    Energy & Utilities

    Crude Oil Up on September 21 Due to Drop in Inventory Levels

    After posting moderate gains on Tuesday, September 20, crude oil prices inched higher on Wednesday, September 21, amid a drop in inventory levels. Crude oil prices also took support from the oil service workers’ strike in Norway.

    By Val Kensington
  • uploads///Comm
    Miscellaneous

    Why Are Commodities Mixed in the Early Hours?

    At 6:30 AM EST on April 27, the West Texas Intermediate crude oil futures contract for June 2017 delivery was trading at $49.16 per barrel—a fall of ~0.93%.

    By Val Kensington
  • uploads///oil
    Macroeconomic Analysis

    Crude Oil Inched Higher ahead of the Brexit Vote

    After showing weakness on June 22 due to the disappointing inventory report, crude oil started Thursday on a positive note.

    By Val Kensington
  • uploads///baker
    Energy & Utilities

    Crude Oil Prices Were Weaker amid Mixed Sentiments

    Crude oil prices were weaker in the early morning trading hours of July 19 amid mixed sentiments.

    By Val Kensington
  • uploads///Comm
    Miscellaneous

    Commodities Are Mixed in the Early Hours on April 25

    At 7:30 AM EST on April 25, the West Texas Intermediate crude oil futures contract for June 2017 delivery was trading at $49.26 per barrel—a gain of ~0.04%.

    By Val Kensington
  • uploads///oil
    Energy & Utilities

    Crude Oil Remained Stable in the Early Morning on August 12

    After gaining more than 4% on August 11, crude oil prices remained stable at three-week high levels in the early morning hours on August 12.

    By Val Kensington
  • uploads///Comp
    Energy & Utilities

    How Range Resources and EQT Corporation Performed on December 28

    Range Resources Corporation was the S&P 500’s second-best performer on December 28, 2017.

    By Val Kensington
  • uploads///Energy
    Company & Industry Overviews

    Energy Sector Led the S&P 500 Lower on February 16

    After a brief decline on Wednesday, the S&P 500 energy sector lost strength and fell on February 16. The rise in crude oil inventories dented the sentiment.

    By Val Kensington
  • uploads///Copper
    Materials

    Copper Fell and Gold Stabilized on July 5

    At 6:40 AM EST on July 5, the COMEX Copper futures contract for September delivery was trading at $2.2 per pound—a drop of 0.81%.

    By Val Kensington
  • uploads///Oil
    Macroeconomic Analysis

    Crude Oil Rose, Copper and Gold Were Weaker in the Early Hours

    At 5:35 AM EST, the West Texas Intermediate crude oil futures contract for January 2017 delivery was trading at $47.91 per barrel—a rise of ~5.9%.

    By Val Kensington
  • uploads///s
    Company & Industry Overviews

    FDA Approves Spiranza, Ionis and Biogen Move Higher

    Spinraza is a drug for treating spinal muscular atrophy. It was developed by Ionis Pharmaceuticals and licensed by Biogen. It was approved by the FDA.

    By Val Kensington
  • uploads///oIL STOCKS
    Macroeconomic Analysis

    Analyzing the Energy and Metals Sector on November 14

    The companies in the energy sector were mixed on November 14. The major ETFs related to the energy sector such as USO and DBO rose 1.0% and 0.62%.

    By Val Kensington
  • uploads///China Economic Data
    Company & Industry Overviews

    Base Metals Hammered by Weak Chinese Data

    China is the top consumer of base metals, accounting for 45% of global demand, so economic releases from China have a large impact on base metal prices.

    By Val Kensington
  • uploads///Euro
    Macroeconomic Analysis

    European Markets Opened Higher amid Improved Global Sentiment

    France’s CAC 40 Index quit falling last week and traded in a range of 5,200–5,100. This week, it opened higher amid improved global sentiment.

    By Val Kensington
  • uploads///gOLD STOCKS
    Macroeconomic Analysis

    Mixed Results for the Metals and Mining Sector on August 2

    At 3:20 PM EST, the PowerShares DB Base Metals (DBB) gained ~0.51%, while the SPDR S&P Metals & Mining ETF (XME) fell ~0.73%.

    By Val Kensington
  • uploads///
    Macroeconomic Analysis

    Why Did Crude Oil Prices Hit a 16-Month High?

    At 5:45 AM EST on December 5, the WTI crude oil futures contract for January 2017 delivery was trading at $52.18 per barrel—a rise of ~0.97%.

    By Val Kensington
  • uploads///stock trading monitor desk
    Financials

    European Markets: Improved Risk Appetite

    At 4:40 AM EST, the FTSE 100 Index was trading at 7,756.21 with a gain of 0.71%. EWU gained 0.67% to $36.27 on Friday.

    By Val Kensington
  • uploads///Base Metals Weekly
    Company & Industry Overviews

    Base Metals Fell Last Week: FCX, AA, GLNCY, BHP

    In the week ended on January 9, all base metals on the London Metal Exchange (LME) declined. The LME 3M Lead was the biggest loser of base metals last week with a loss of 9.6%.

    By Val Kensington
  • uploads///fea
    Macroeconomic Analysis

    European Markets Are Stable, US-EU Trade Concerns Ease

    At 4:45 AM EST, the FTSE 100 Index was trading at 7,658.91 with a gain of 0.01%. EWU rose 0.14% to $35.04 on Wednesday.

    By Val Kensington
  • uploads///gOLD STOCKS
    Macroeconomic Analysis

    How Did the Metals and Mining Sector Perform on October 4?

    On October 4, the stocks related to base metals and precious metals fell. DBB and XME fell 1.1% and ~4.1%. The SPDR Gold Shares (GLD) fell ~3.5%.

    By Val Kensington
  • uploads///Comm
    Miscellaneous

    Commodities Are Weaker in the Early Hours on April 26

    After regaining strength on Tuesday and breaking the six-day losing streak, crude oil prices opened lower on April 26 and traded weaker.

    By Val Kensington
  • uploads///OIL STOCKS
    Macroeconomic Analysis

    Energy and Base Metal Sectors Fell on November 11

    The companies in the energy sector were weaker on November 11. The major ETFs related to the energy sector such as USO and DBO fell 2.6% and 2.7%.

    By Val Kensington
  • uploads///OIL
    Energy & Utilities

    Crude Oil Reached 5-Week High Price Levels

    After gaining for five consecutive trading days, crude oil is trading at five-week high price levels in the early morning hours on August 18.

    By Val Kensington
  • uploads///Euro
    Macroeconomic Analysis

    European Markets Are Stable Early on May 15

    At 5:20 AM EST, the FTSE 100 Index is trading at 7,718.10 with a gain of 0.09%. The iShares MSCI United Kingdom (EWU) gained 0.19% to $36.84 on Monday.

    By Val Kensington
  • uploads///goLD STOCKS
    Macroeconomic Analysis

    Metal and Mining Sector Companies Fell on November 2

    On November 2, the stocks related to base metals and precious metal miners moved lower. DBB and XME fell 1.3% and 2%, while GLD rose 0.73%.

    By Val Kensington
  • uploads///Europ
    Macroeconomic Analysis

    European Markets Are Mixed Early on January 11

    At 3:45 AM EST on January 11, the DAX Index was trading at 13,275.50—a fall of 0.04%. The iShares MSCI Germany (EWG) fell 0.88% on January 10.

    By Val Kensington
  • uploads///Oil
    Macroeconomic Analysis

    Crude Oil Continued to Rise, OPEC Agreed to the Supply Cut

    At 5:45 AM EST, the WTI crude oil futures contract for January 2017 delivery was trading at $49.88 per barrel—a rise of ~0.89%.

    By Val Kensington
  • uploads///invent
    Energy & Utilities

    Why Did Crude Oil Fall on Thursday, September 1?

    After declining for three consecutive trading days, crude oil prices started Thursday, September 1, on a weaker note and declined as the day progressed. At 1:05 PM EDT on Thursday, the WTI crude oil futures contract for October delivery was trading at $43.44 per barrel, a drop of ~2.8%.

    By Val Kensington
  • uploads///Eu
    Macroeconomic Analysis

    European Markets Are Mixed Early on February 7

    At 4:00 AM EST on February 7, the DAX Index was trading at 12,446.67—a gain of 0.41%. The iShares MSCI Germany (EWG) rose 3.1% on February 6.

    By Val Kensington
  • uploads///BAKER
    Energy & Utilities

    Why Did Crude Oil Fall More than 3% on August 22?

    After gaining for seven consecutive trading days, crude oil prices pulled back on Monday, August 22, amid waning expectations of output cut hopes. At 1:30 PM EDT, the WTI crude oil futures contract for October delivery was trading at $47.60 per barrel, a drop of ~3.2%.

    By Val Kensington
  • uploads///Oil
    Energy & Utilities

    Crude Oil Strong on July 1 despite Increase in Oil Rig Count

    Although crude oil started the day on a weaker note, it regained strength on Friday, July 1. Baker Hughes reported that the oil rig count increased for the fourth time in the past five weeks, adding 11 new rigs to reach 341 rigs.

    By Val Kensington
  • uploads///Inventory
    Macroeconomic Analysis

    Which Base Metal Saw the Biggest Inventory Drop?

    LME tin fell the most of all base metals on Tuesday, February 16. The tin inventory level fell 4.2% to 4,085 tons.

    By Val Kensington
  • uploads///Yi
    Macroeconomic Analysis

    US Dollar and US Treasury Yields Rose Early on November 29

    After pulling back on November 28, the US dollar recovered in the early hours on November 29. UUP fell 0.23% to 26.18 on November 28.

    By Val Kensington
  • uploads///Com
    Company & Industry Overviews

    Signet Jewelers and Illumina Rose on November 27

    Signet Jewelers (SIG), the world’s largest diamond jewelry retailer, was the S&P 500’s second-best performer on November 27.

    By Val Kensington
  • uploads///Crude
    Macroeconomic Analysis

    How Did Crude Oil Perform on Tuesday, May 31?

    Crude oil had a volatile trading day on Tuesday, May 31, 2016. At 1:40 PM EDT, WTI crude for July delivery traded at $49.67 per barrel, a gain of 0.67%.

    By Val Kensington
  • uploads///
    Company & Industry Overviews

    Base Metals Surge and Copper Hits a 4-Week High

    On December 11, all base metals except aluminum surged and ended the day with gains. LME three-month copper rose 2.5% on Friday and ended the day at $4,703 per metric ton.

    By Val Kensington
  • uploads///f
    Macroeconomic Analysis

    Asian Markets Are Weak amid Trade War Concerns

    The Shanghai Composite Index declined 0.84% and closed the day at 3,136.63 on April 3. The SPDR S&P China (GXC) declined 2.4% on April 2.

    By Val Kensington
  • uploads///cOMMO
    Miscellaneous

    Commodities Are Mixed in the Early Hours on January 9

    At 4:35 AM EST on January 9, the West Texas Intermediate crude oil futures for February 2018 delivery were trading at $61.87 per barrel—a gain of 0.23%.

    By Val Kensington
  • uploads///cOPPER
    Materials

    Why Was Copper Weaker in the Early Morning on July 26

    At 6:30 AM EST on July 26, the COMEX copper futures contract for September delivery was trading at $2.21 per pound—a drop of ~0.45%.

    By Val Kensington
  • uploads///Copper
    Macroeconomic Analysis

    How Are Copper, Gold, and Silver Performing This Morning?

    Copper is trading positive on Friday morning. At 7:21 AM EST, the COMEX copper futures contract for July expiry was trading at $2.08 per pound.

    By Val Kensington
  • uploads///Eurp
    Company & Industry Overviews

    European Markets Rose, Markets Digest Trump’s Speech

    The market sentiment was revived by President Trump’s speech to Congress on February 28. President Trump pledged to spend $1 trillion on infrastructure.

    By Val Kensington
  • uploads///
    Company & Industry Overviews

    Elliott Management Announced Its Stake in Alcoa

    On Monday, November 23, Alcoa (AA) shares rose more than 4% after Elliott Management announced its stake in the company.

    By Val Kensington
  • uploads///
    Company & Industry Overviews

    Base Metals Continue to Trade Higher

    After trading higher on December 18, all of the base metals except tin carried the same positive momentum to this week. They started the week with gains.

    By Val Kensington
  • uploads///
    Company & Industry Overviews

    Base Metals End Week with Gains

    In the week ended December 26, the major base metals gained. Copper, aluminum, zinc and lead ended the week in gains, whereas nickel and tin fell.

    By Val Kensington
  • uploads///MINERS
    Company & Industry Overviews

    Base Metal Miners Find Support

    Among the base metal miners, Freeport-McMoRan (FCX) recovered yesterday, rising 2.5% to end the day at $6.71.

    By Val Kensington
  • uploads///oIL STOCKS
    Energy & Utilities

    Energy Sector Inched Higher on June 29

    Crude oil continued to trade higher on Wednesday, June 29, amid a significant draw-down in crude oil inventories. This supported the prices of crude oil–related companies.

    By Val Kensington
  • uploads///Alcoa
    Macroeconomic Analysis

    How Did Alcoa and Rio Tinto Perform Last Week?

    Similar to Freeport-McMoRan (FCX) and Glencore (GLNCY), Alcoa (AA) fell 4.6% in the week ending on March 26. It closed the week at $9.57.

    By Val Kensington
  • uploads///
    Miscellaneous

    Why Are Asian Markets Weaker on December 5?

    Asian markets fell on December 5—led by the banking sector. The banking sector lost strength due to the “no” vote during Italy’s referendum.

    By Val Kensington
  • uploads///Asi
    Company & Industry Overviews

    Asian Markets Are Weaker, Liquidity Concerns Weigh on China

    The Shanghai Composite Index continued to fall and reached the lowest close since February 17. Liquidity concerns have been weighing on Chinese markets.

    By Val Kensington
  • uploads///iNVENTR
    Macroeconomic Analysis

    London Metal Exchange: A Base Metal Inventory Update

    On February 15, 2016, except for the stock levels of aluminum and nickel, the inventory levels of all base metals fell on the London Metal Exchange.

    By Val Kensington
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