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Metals News and Commentary

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Tue, Jul 2nd, 2024
Is This Copper Mining Stock a Buy for Its Fat Dividend?

Southern Copper has a higher dividend yield compared to other copper mining companies. However, its valuations are also on the higher side, making a closer examination of the risk-reward necessary for...

RIO : 66.01 (-0.60%)
BHP : 57.75 (+0.07%)
HGU24 : 4.4305 (+0.26%)
HGX24 : 4.4325s (-0.02%)
FCX : 48.71 (+0.62%)
SCCO : 109.94 (+1.20%)
Dollar Dips on Dovish Comments from Fed Chair Powell

The dollar index (DXY00 ) Tuesday fell by -0.17%. The dollar on Tuesday moved lower, pressured by a decline in T-note yields. The dollar extended its losses Tuesday based on dovish comments from Fed Chair...

DXY00 : 105.696 (-0.02%)
^EURUSD : 1.07456 (unch)
^USDJPY : 161.536 (+0.06%)
GCQ24 : 2,340.4 (+0.30%)
SIU24 : 29.890 (+0.78%)
Stocks Mixed on Dovish Powell and Strong US Labor News

The S&P 500 Index ($SPX ) (SPY ) today is down -0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.13%. Stock indexes today are mixed....

$SPX : 5,509.01 (+0.62%)
SPY : 549.01 (+0.67%)
$DOWI : 39,331.85 (+0.41%)
DIA : 393.29 (+0.47%)
$IUXX : 20,011.89 (+1.01%)
QQQ : 486.98 (+1.05%)
ZNU24 : 109-145 (-0.01%)
TSLA : 231.26 (+10.20%)
PARA : 10.72 (+5.72%)
TYL : 509.00 (+1.90%)
PYPL : 58.97 (+2.01%)
VLO : 157.96 (-0.01%)
Dollar Slightly Lower as T-Note Yields Decline

The dollar index (DXY00 ) today is down by -0.05%. The dollar today is slightly lower, pressured by a decline in T-note yields. The dollar extended its losses after Fed Chair Powell said prices now show...

DXY00 : 105.696 (-0.02%)
^EURUSD : 1.07456 (unch)
^USDJPY : 161.536 (+0.06%)
GCQ24 : 2,340.4 (+0.30%)
SIU24 : 29.890 (+0.78%)
Stocks Slip on Carryover Weakness in European Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down -0.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.07%. Stock indexes today are mixed....

$SPX : 5,509.01 (+0.62%)
SPY : 549.01 (+0.67%)
$DOWI : 39,331.85 (+0.41%)
DIA : 393.29 (+0.47%)
$IUXX : 20,011.89 (+1.01%)
QQQ : 486.98 (+1.05%)
ZNU24 : 109-145 (-0.01%)
LLY : 906.71 (-0.84%)
CRWD : 385.05 (-1.81%)
LEN : 143.61 (-1.59%)
DHI : 135.21 (-1.32%)
TOL : 111.21 (-1.00%)
Stock Futures Trade Flat, Powell and Lagarde in Focus Gold Traders Pay Attention To US JOLTS Data

European and US futures are trading mostly lower as traders are a little hesitant ahead of a number of economic events that will unfold, and they are also picking up momentum from Asia. The ongoing weakness...

Gold/Silver: Futures Await Date, European Markets Slide

Discover insider insights on your favorite Precious Metals, uncover overnight developments, and gain expert analysis on what to watch for every trading day.

Dollar Recovers Early Losses on Higher T-Note Yields

The dollar index (DXY00 ) on Monday rose by +0.01%. The dollar recovered from early losses and posted modest gains Monday after a jump in the 10-year T-note yield sparked short covering in the dollar....

DXY00 : 105.696 (-0.02%)
^EURUSD : 1.07456 (unch)
^USDJPY : 161.536 (+0.06%)
GCQ24 : 2,340.4 (+0.30%)
SIU24 : 29.890 (+0.78%)
Stocks Waver on Higher Bond Yields and Weak US Economic News

The S&P 500 Index ($SPX ) (SPY ) today is down -0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.06%. Stock indexes today are mixed....

$SPX : 5,509.01 (+0.62%)
SPY : 549.01 (+0.67%)
$DOWI : 39,331.85 (+0.41%)
DIA : 393.29 (+0.47%)
$IUXX : 20,011.89 (+1.01%)
QQQ : 486.98 (+1.05%)
ZNU24 : 109-145 (-0.01%)
NCLH : 17.61 (-0.40%)
CCL : 17.56 (-0.85%)
RCL : 156.61 (+0.09%)
AMD : 164.31 (+4.20%)
ARM : 163.46 (+2.92%)
Weak US Economic News and Euro Strength Weighs on the Dollar

The dollar index (DXY00 ) today is down by -0.25%. The dollar today is moderately lower due to the strength of the euro. Losses in the dollar accelerated after the US Jun ISM manufacturing index and...

DXY00 : 105.696 (-0.02%)
^EURUSD : 1.07456 (unch)
^USDJPY : 161.536 (+0.06%)
GCQ24 : 2,340.4 (+0.30%)
SIU24 : 29.890 (+0.78%)

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80% of global central banks are expected to cut rates by the end of the year. Will the Federal Reserve be one of them? 🤔 https://t.co/WN4CRdOPFS
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S&P 500 $SPX closes above 5,500 for the first time in history https://t.co/ANFcXPHyuz
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Tesla $TSLA 2.5 year downtrend being tested https://t.co/O1x9PPbUOy
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Solana $SOL still going due to ETF speculation https://t.co/wZUCljWCJx
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Will Walgreens $WBA be joining these pillars of industry soon? 😂 https://t.co/XkDbYRmw3Z
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Chinese Yuan keeps falling against the U.S. Dollar. Now at its lowest level since November. https://t.co/vNPJZ1PblR
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Apple $AAPL jumps to all-time high 🚨 https://t.co/99Iiat2M0m
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Stock Market Fear & Greed hits highest level since May 29 🥳🍾🫡 https://t.co/imxs9CJmNE
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McDonald's $MCD has done it! 🥳🫂 https://t.co/h9I0FZQiTY

Barchart Metals News

Dollar Dips on Dovish Comments from Fed Chair Powell
The dollar index (DXY00 ) Tuesday fell by -0.17%. The dollar on Tuesday moved lower, pressured by a decline in T-note yields. The dollar extended its losses Tuesday based on dovish comments from Fed Chair Powell, who said prices now show signs of resuming their disinflation trend. Losses in the... Read more

Chart of the Day

Amazon.com Inc (AMZN)

The Chart of the Day belongs to the e-commerce company Amazon.com (AMZN) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature...
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