Gold miners rallied hard over the summer, but now face a potentially big test. The Market Vectors Gold Miners ETF (GDX) rose more than 50 percent between late May and early September. The main reasons were rate cuts by the Federal Reserve and worries about the global...
Have gold miners gone from safe havens to risky stocks? One options trader seems to think so. Put volume is surging to a 4-1/2 year high in Newmont Mining (NEM), the world's biggest gold producer. Traders started buying the 23-August 37 puts shortly before lunch,...
Grains are crashing on signs of a worsening commodity glut. CBOT Corn Futures (@C) dropped more than 6 percent halfway through Monday's session. The last time it fell that much was April 1, 2013, according to TradeStation's historical data. Wheat (@W) is down a...
Monetary policy is changing, and it's fueling a monster rally in gold-mining stocks. The Market Vectors Gold Miners ETF (GDX) has gained 18 percent since the beginning of June. That puts it on pace for the biggest monthly gain since April 2016. "Uncertainties about...
Stocks like chemical makers and gold miners have struggled for much of the year, but now they're ripping amid hopes of Federal Reserve rate cuts. The SPDR Materials ETF (XLB) is up almost 8 percent since Friday, putting it on pace for its best week since December...
Steelmakers keep struggling, and now bears are looking for one of the weakest names to drop. AK Steel (AKS) has lost more than half its value in the last year, making it one of worst-performing names in one of the worst-performing industries. Its debt load exceeds...
The Market Vectors Gold Miners ETF (GDX) is rallying as investors worry about growth and interest rates fall. GDX is up about 2 percent since last Friday, making it one of the best-performing major exchange-traded funds (ETF). The big move occurred on Wednesday after...
Gold's one of the world's oldest measures of value. It's also one of of the most actively traded commodities, thanks to CME's Comex Gold Futures. These contracts use the symbol root GC and track 100 troy ounces of gold. That means every point represents $100 of change...
Federal Reserve Chairman Jerome Powell will answer a lot of questions in the Senate this week. But they all come down to one issue: Will he take away the punch bowl, or fill it up? If you don't know the lingo, we're talking about interest rates. The old saying is that...