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GDX

GDXJ

GFI

HMY

XOP

The gold-to-copper ratio, a key economic indicator, has crossed a crucial threshold, signaling positive prospects for metals and mining. The price of gold has risen by 6% since October 7 due to the conflict in the Middle East. Gold miners have outperformed other industries in October, with the VanEck Gold Miners ETF (GDX) and the VanEck Junior Gold Miners ETF (GDXJ) seeing gains of 9.5% and 7.5% respectively. Gold Fields Limited (GFI) and Harmony Gold Mining Company Ltd (HMY) have been the top performers in these ETFs.

Portfolio Pulse from Piero Cingari

October 18, 2023 | 8:24 pm

SIL

SILJ

UNG

URNM

Small-cap ETFs with AUM between $400 million and $2 billion were screened to determine the largest positive and negative returns of the week. Winners included Global X Silver Miners ETF (SIL) and ETFMG Prime Junior Silver Miners Fund (SILJ), both up over 5% for the week. Losers included United States Natural Gas Fund LP (UNG) and Sprott Uranium Miners ETF (URNM), down 9.11% and 4.47% respectively.

Portfolio Pulse from Johnny Rice

October 18, 2023 | 8:20 pm

DHI

ITB

JCPB

LEN

SPHY

UNG

Small-cap ETFs have seen significant changes in net assets over the past week. SPDR Portfolio High Yield Bond ETF (SPHY) and JPMorgan Core Plus Bond ETF (JCPB) have seen increases in net assets, while iShares U.S. Home Construction ETF (ITB) and United States Natural Gas Fund LP (UNG) have seen decreases. The ITB fund's largest holdings are D.R. Horton, Inc. (DHI) and Lennar Corporation Class A (LEN), and it also invests in Home Depot (HD).

Portfolio Pulse from Johnny Rice

October 18, 2023 | 8:19 pm

EFX

Equifax has revised its guidance downwards due to the impact of a weaker than expected U.S. mortgage market and foreign exchange. This is partially offset by the acquisition of Boa Vista Serviços.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 8:19 pm

CCI

Crown Castle (NYSE:CCI) reported a decrease in Q3 earnings and sales YoY. Earnings per share were $1.77, down 4.32% from $1.85 last year. Sales were $1.67 billion, missing the analyst consensus estimate of $1.71 billion by 2.29% and down 4.52% from $1.75 billion last year.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 8:17 pm

LVS

Las Vegas Sands reported better-than-expected Q3 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 8:16 pm

FCX

A significant amount of unusual options activity has been observed for Freeport-McMoRan (NYSE:FCX), with a bullish stance taken by a majority of investors. The targeted price range for the company over the last three months has been between $25.0 and $49.0. The company's stock price is currently down by 2.38% at $35.61. Morgan Stanley has maintained their Equal-Weight rating on Freeport-McMoRan with a price target of $44, while JP Morgan has downgraded its action to Neutral with a price target of $42.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 8:16 pm

TJX

Unusual options activity has been observed for TJX Companies (NYSE:TJX), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 10 options trades for TJX Companies, with sentiment split between 40% bullish and 60% bearish. Whales have been targeting a price range from $90.0 to $92.5 for TJX Companies over the last 3 months. The price of TJX is currently down -0.18% at $90.45.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 8:16 pm

URI

A significant bullish stance has been taken on United Rentals (NYSE:URI) by an unknown entity, possibly an institution or a wealthy individual. This was noticed through publicly available options history. The overall sentiment of these big-money traders is split between 53% bullish and 46% bearish. The price range targeted by these whales for United Rentals over the last 3 months is from $310.0 to $540.0.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 8:16 pm

NFLX

Netflix reported better-than-expected Q3 sales results and issued guidance, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 8:14 pm