There has been a great deal of discussion about how drug prices will change in coming years. The fact that this is an election year surely sticks in traders' minds. If you remember back to the 2016 election cycle, biotech shares went into a brutal downturn after Hillary Clinton castigated the pharma industry for its […]

Gold markets formed a massive shooting star during the week, showing exhaustion at the $1600 level. After all, most of the move during the week was due to the noise in the Middle East, which seems to be calming down.

Silver prices have fallen below the $18.00 level, as the sharp gains seen early in the week have evaporated. Iran and the U.S. appear to have de-escalated tensions, but the markets remain unsettled.

The gold markets went back and forth during the trading session on Wednesday, spiking above the $1600 level one point before pulling back drastically. Ultimately, this is a market that has been overextended for some time, and quite frankly at this point it looks like cooler heads are going to prevail.

Dear Traders, The GOLD has formed a strong move up and after a 100 pip win I had yesterday on GOLD, I expect further continuation up.

(Bloomberg) — Iran’s Supreme Leader Ayatollah Ali Khamenei called it a “crushing response.” Yet the targeted missile strikes on U.S. bases in Iraq may offer President Donald Trump a path to avoiding a wider war with unpredictable and devastating consequences.There were no American casualties resulting from the overnight attack, according to a U.S. official, and […]

(Bloomberg) — Iran on Wednesday fired missiles at airbases jointly used by the U.S. and Iraq in retaliation for the killing of General Qassem Soleimani, roiling financial markets and disrupting air traffic but causing no casualties. Trump, promised additional sanctions on Iran, but said Tehran appears to be refraining from additional attacks.With no Americans killed, […]

While many eyes have been fixated on the price of oil over the past week, gold has broken out of a previous level of resistance and surged to a seven-year high of $1,585 per ounce. The gold rally comes after a US airstrike killed Iran's military general Qasem Soleimani last week, which has now caused […]

(Bloomberg) — U.S. and European equity futures fell Wednesday after Iranian missiles struck two U.S. facilities in Iraq, but traded well off their lows in light of Iran stressing it didn’t seek a war. Oil and Treasuries pared gains.President Donald Trump declared “so far so good” with regard to an early assessment of casualties and […]

Bitcoin’s hash rate reached an all-time high last week of over 119 exahashes per second (EH/s). A high hash rate generally reflects the amount of miners trying to validate blocks on the Bitcoin blockchain. The more miners who enter the network, the higher the hash rate becomes, and the difficulty of the new mining algorithm […]

(Bloomberg Opinion) — Owning a soccer team has long seemed a mug’s game — little more than a vanity project for the errant super-rich.Until recently, that is. A new breed of owners with backgrounds in U.S. private equity is seeping into the beautiful game, particularly England’s Premier League, where club valuations have soared. Greater financial certainty has […]

Gold is surging to fresh highs after confirming its recent 6-month low. Prices have rallied over $100 since Christmas. The short-term trend is overbought and due for a pullback.

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining…

The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. On the other hand, if you…

Jan.05 — Mohammed Apabhai, head of Asia trading strategy at Citigroup Global Markets, discusses his outlook for markets and for gold. He speaks with David Ingles and Yvonne Man on “Bloomberg Markets: China Open.”

One of our most interesting predictive modeling system is the Adaptive Dynamic Learning (ADL) price modeling system. It is capable of learning from past price data, building price DNA chains and attempting to predict future price activity with a fairly high degree of accuracy. The one thing we’ve learned about the ADL system is that […]

(Bloomberg) — Financial markets are likely to face a volatile start to the week in Asia after geopolitical tensions flared in the Middle East, sending futures in the region lower. The yen advanced as investors favored haven assets.As investors assess the fallout from the U.S. killing in an airstrike of Iran’s top military commander, Japanese […]

Bloomberg Intelligence Senior Commodity Strategist Mike McGlone joins Yahoo Finance's On The Move to break down how Thursday night’s U.S. airstrike that killed Iranian General Qasem Soleiman will impact gold and oil.

CNBC analysts, citing historical analysis, concluded oil prices tend to see gains following Middle East crisis events, while stocks eventually churn higher as safe haven assets gold and Treasurys fade from their initial pops.

Venezuela will sell oil and part of the gold it produces for its national petro cryptocurrency, the country’s President Nicolas Maduro said. He told local newspaper El Nacional: "We will sell Venezuelan oil in exchange for petros. We already sell Venezuela’s iron ore and steel for petros. “We have already signed contracts for the sale […]

The CEO of Gold's Gym explains how the traditional gym industry is planning to counter the rise of home fitness companies.