Trump wants a wall.Will he get it? Unlikely.But he's making federal workers pay a painful price while he fights for it.Continue...Read More
"We'll have the kayaks so filled with plastic that we'll end up just having to tow the kayaks - we'll have to swim (them) to shore."Continue...Read More
Gold Holds Steady Over ?1,000 - Increased Likelihood Of A Disorderly Brexit- Gold supported near $1,300/oz ahead of important British Brexit no-confidence vote- Gold is consolidating in range between $1,280 and $1,300/oz (over ?1,000/oz and EUR1,100/oz) - A break of resistance at $1,300 will likely see gold rise rapidly in all currencies- Physical demand for gold coins and bars has picked up i...Read More
U.K. leader Theresa May has survived a vote of no-confidence in her governmnet.The chances of a general election triggered by Brexit confusion look to have receded.David Reid| @cnbcdavyPublished 6 Hours AgoUpdated3 Hours AgoCNBC.com show chapters UK Prime Minister Theresa May speaks after surviving no-confidence vote 5 Hours Ago |01:55 The U.K. government led by Prime Minister...Read More
As gold pauses for breath below the key $1300 handle and WTI crude oil trades around $52, we are wondering what 2019 will bring for these commodities. On the one hand, the outlook for gold and other metals look bullish in 2019. The fact that the Fed has stopped hiking interest rates should be good news for noninterest-bearing and low-yielding assets, such as gold, silver and copper. What’s m...Read More
Newmont Mining is not buying Goldcorp because it believes gold prices will rise, CEO Gary Goldberg says.Goldberg sees an opportunity to optimize Goldcorp's assets during a period of relatively low gold prices and consolidation.Tom DiChristopher| @tdichristopherPublished 8 Hours AgoUpdated3 Hours AgoCNBC.com show chapters Newmont CEO on Goldcorp deal 8 Hours Ago |04:40 Newmont M...Read More
(Corrects quote in third paragraph to read "the quarterlypoint-in-time full-year earnings", instead of "the poorlypoint-in-time full-year earnings") * Does not provide EBITDA forecast, shares reverse course * Sees global consumption growth for aluminum between 3-4pct * Expects global aluminum deficit to continue * By SanjanaShivdasJan 16 (Reuters) - Top U.S. aluminum producer A...Read More
Goldman Sachs was the best Dow stock todayThe Dow spent the entire session trading in positive territory, thanks to a strong earnings reaction for Goldman Sachs (GS). The broader S&P 500 Index also gained ground amid a broader rally in bank stocks, while the Nasdaq climbed on Apple (AAPL) tailwinds, as buzz swirled around a potential Apple Watch Medicare program. But as the major U.S. benchmarks s...Read More
Analysts at Fitch Solutions are feeling bullish from spot levels on nickel, lead, copper, tin and gold over 2019, but are bearish on iron and coal, according to new reports on mining the Americas.The outlook for Americas mining remains positive over the coming years, but miners will face challenges from tension over water usage from local communities if El Ni??o strikes and political uncertainty s...Read More
The retailer said full-year profit will likely arrive at the low end of its expected rangeThe shares of Nordstrom, Inc. (NYSE:JWN) are trading down 4.9% at $44.97 -- fresh off a 14-month low of $43.04 -- after the department store said its full-year adjusted profit will likely arrive at the lower end of its projected $3.55-$3.65 per share range, following a tame 0.3% rise in same-store sales durin...Read More
Jefferies reiterated its belief in PETQ stock after the presentationPetIQ Inc (NASDAQ:PETQ) is enjoying a two-day rally thanks to the company's presentation at the ICR conference. The shares closed at $24.69 on Monday, and were last seen trading at $28.60 after trading as high as $31.55 earlier today. Despite paring most of its gains today, the equity isholding above its 200-day moving average and...Read More
TBLT is the best stock on the Nasdaq today, tripling on a partnershipStocks are confidently in the black today, thanks to an encouraging start to earnings season. While video game maker Electronic Arts Inc. (NASDAQ:EA) is down, airliner United Continental Holdings Inc (NYSE:UAL) and home improvement name ToughBuilt Industries Inc (NASDAQ:TBLT) are pushing higher. Below, we'll take a look at what...Read More
Breaking down a massive spread on APA options todayThe shares of Apache Corporation (NYSE:APA) are lower this afternoon, after Barclays initiated coverage on the energy stock with an "underweight" rating and a $29 price target -- a discount to APA stock's current price. Nevertheless, it appears one options speculator placed a big, bullish bet on Apache shares today.At last check, the equity was do...Read More
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More
Toronto-based Eastmain Resources reports the results for the last three drill holes completed in 2018 at the Percival discovery. Percival is part of the company's 100% owned Clearwater gold project in the James Bay area. The deposit is only 14 km from the Eau Claire gold project where pre-development activities are occurring.The Percival discovery is only 14 km from the 1.3-million-oz. Eau Clair...Read More
Goldman Sachs earnings are in focus todayFinancial earnings season is in full swing, with traders today cheering quarterly results from big-cap bank Goldman Sachs (GS). With earnings from Morgan Stanley (NYSE:MS) and American Express Company (NYSE:AXP) due out tomorrow, Jan. 17, options traders have been blasting the Financial Select Sector SPDR Fund (XLF). XLF Eyes Longest Win Streak Since 2014To...Read More
MineHub Technologies and IBM (NYSE: IBM) today announced a collaboration to use blockchain technology to help improve operational efficiencies, logistics and financing and reduce costs in the high-value mineral concentrates supply chain - from mine to end buyer.Goldcorp Inc. (TSX: G), ING Bank (NASD: ING), Kutcho Copper Corp. (TSXV: KC), Ocean Partners USA Inc. and Wheaton Precious Metals Corp. (T...Read More
Use gold to protect any IRA, 401(k), or retirement account from a looming financial crisis.Every American needs to learn how to protect and secure their retirement against the worst stock market crash in history, and this IRA/401KInvestment Guide 2019 is one way the average American can help protect their investments in the event of a crisis.Jim Rickards is the nation's most vocal and intelligen...Read More
Vancouver-based WPC Resources Inc. (TSXV: WPQ) announced on Wednesday that effective January 18, 2019, the company will change its name to Blue Star Gold Corp.Blue Star will be a Vancouver-based gold and silver exploration company focused on mineral exploration and development in Nunavut, Canada. Through its subsidiary, Inukshuk Exploration Inc., the company will own the 8,015 hectare Hood River g...Read More
Gold has tried to trade higher, and has failed again in the 1297/99 band..Now there is a continuation pattern...suggesting Gold goes higher...but until this pattern breaks...I would continue to play the range...with the base seen at 1285....we go below there and the market will come lower and I would be looking for 1271 minimum The research provided by Charmer Charts is provide...Read More