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NEM
Stocks Leapt Higher in July, But Will the Rally Continue this Month?

Stocks Leapt Higher in July, But Will the Rally Continue this Month?

Stocks just finished their best month in over a year. Can they keep running in August? The S&P 500 climbed 4.3 percent in the week between Friday, July 22, and Friday, July 29. That helped lift the index 9.1 percent in July, giving the index its biggest monthly...

Stocks Break Support as Bears Spread from Big Tech to the Broader Market

Stocks Break Support as Bears Spread from Big Tech to the Broader Market

Stocks just had their worst week since early in the pandemic as big indexes knifed through key support zones. The S&P 500 plunged 5.7 percent in the holiday-shortened week between Friday, January 14, and Friday, January 21. It was the biggest drop since mid-March...

Uncertainty Runs High in the Stock Market as a Huge Week Begins

Uncertainty Runs High in the Stock Market as a Huge Week Begins

There's huge uncertainty in the stock market as investors enter one of the biggest weeks in recent history. The Presidential Election tomorrow won't just determine who sits in the White House. Outcomes in Congress could also have a major impact on fiscal stimulus at...

Stocks Are Snoozing as the Dog Days of Summer Begin

Stocks Are Snoozing as the Dog Days of Summer Begin

Stocks drifted higher last week as investors nibbled on lagging sectors. Still, activity is slowing as the summer lull begins. The S&P 500 rose 0.6 percent between Friday, August 7, and Friday, August 14. It was the third straight positive week. The index has now...

Is a Breakout Coming? S&P 500 Takes Off Near a Key Level

Is a Breakout Coming? S&P 500 Takes Off Near a Key Level

Stocks took off last week as investors look for the coronavirus crisis to fade. The S&P 500 rose 3.2 percent between Friday, May 15, and Friday May 22. The index is back to its highest levels since early March and its second straight positive month. Transports had...

Trader Fears Reversal In Key Gold Miner: Options Recap

Trader Fears Reversal In Key Gold Miner: Options Recap

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,...

Gold Miners Soar as Federal Reserve Puts the ‘Bull’ Back in Bullion

Gold Miners Soar as Federal Reserve Puts the ‘Bull’ Back in Bullion

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...

Materials ETF Has Best Week in 7 Years as Fed Goes Dovish

Materials ETF Has Best Week in 7 Years as Fed Goes Dovish

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...

Gold Miner ETF Shines With Market Dreading a Slowdown

Gold Miner ETF Shines With Market Dreading a Slowdown

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...