Tracking Williams %R for Eastern Platinum Limited (ELR.TO) – Wall Street Confidential

Investors and Traders are always keeping an eye out for certain stock trends. Let’s take a look at some technical levels on shares of Eastern Platinum Limited (ELR.TO). Presently, the 14 day Williams %R is -66.67. Readings may range from 0 to -100.  A Williams %R that lands between -80 to -100 is typically seen […]

Sibanye Diversifies Further Away From Gold – Seeking Alpha

Last year I wrote an article on Sibanye Gold (NYSE:SBGL): Sibanye Gold: Long-Term Issues Remain. In it I highlighted how the company’s declining reserve grade, increasing power costs and interruptions, along with wage inflation/labor unrest, were hurdles that would be difficult to overcome in the long-term. All of Sibanye’s gold mines are located in South […]

After a stellar year, what can commodities do for an encore in 2017? – Financial Post

Commodities posted positive returns for the first time in six years in 2016, with almost everything from silver to iron ore to soybeans ending up in the black. But there are looming questions about whether that performance, driven in many cases by tight supply conditions resulting from a half-decade funk, can be repeated in 2017. […]

Technical Action Update on Shares of Platinum Group Metals Ltd. (PTM.TO) – Wall Street Confidential

Investors have been taking a second look at shares of Platinum Group Metals Ltd. (PTM.TO). The current 14 day Williams %R is -90. Levels can range from 0 to -100.  A Williams %R that falls between -80 to -100 is typically viewed as being in strong oversold territory.  A value between 0 to -20 would […]

Nymex Trading Pits Shut Down, Marking End of an Era – Wall Street Journal

ENLARGE Oil traders work in the pit of the New York Mercantile Exchange in 2007. Photo: Reuters By Alexander Osipovich Alexander Osipovich The Wall Street Journal CANCEL Biography @aosipovich alexander.osipovich@wsj.com Dec. 29, 2016 11:51 a.m. ET 0 COMMENTS The open-outcry trading floor of the New York Mercantile Exchange in lower Manhattan will shut down after […]

Commodities Found Support, Dollar Moved Away from 14-Year Peak – Market Realist

Pre-Market Report: Global Markets Are Mixed on December 29 PART 6 OF 6 By Val Kensington  | Dec 29, 2016 8:32 am EST Crude oil After rising to fresh 18-month high price levels, crude oil prices are slightly weaker in the early hours due to the inventory report. At 6:20 AM EST on December 29, […]

DIN Newsletter for December 29, 2016

Stock Of The Day: Buy or Sell? Quest Diagnostics (DGX) is a Buy Chart for DGX Risk levels may be somewhat lower than normal. CHARTS OF THE DAY Guggenheim BulletShares 2020 High Yield Corporate Bond ETF [BSJK] Chart for BSJK BSJK share price is $24.29, which is 0% above its 21-day moving average of $24.23. […]

Gold prices climb to 2-week high as dollar, stocks pull back – Investing.com

© Reuters. Gold prices climb to 2-week high Investing.com – Gold prices rose to a two-week high amid low-volume holiday trading on Thursday, as the U.S. dollar and global stock markets pulled back, boosting the appeal of the yellow metal. for February delivery on the Comex division of the New York Mercantile Exchange rose to […]

China’s zinc smelters in trouble as demand is curbed, low TCs bite

By Anna Xu The year ahead is likely to be extremely tough for China’s zinc smelters as they are squeezed between severe tightness in concentrate supply and a decline in the growth of demand for zinc metal, hitting spot prices. On top of that, smelting capacity is going to rise, adding to the fierce competition […]

Markets End 2016 On A High Note – Investing.com

There are only a couple more trading days remaining in the year but it has certainly been a good year for many market participants. One of the most successful investors in the world, Warren Buffett saw his personal net worth grow by over $12 billion, more than anyone else in the country, largely thanks to […]