Russia's defense minister has declared a new state-of-the-art hypersonic weapon ready for war.Continue...Read More
"Dates of inspection represent only a snapshot of FDA's engagement with companies," the FDA said in a statement. "They are not an accurate indicator of FDA's overall engagement. Between inspections, FDA Continue...Read More
Sanctions-happy Washington continues to aid in a slow rapprochement between Russia and Ukraine. Ironically enough, at moment the US is demanding Nord Stream 2 contractors to lay down their tools and Continue...Read More
This work was performed by a team of researchers at the University of Michigan and University of Electro-Communications in Japan. Continue...Read More
"Stay liquid and make sure you own a lot of gold," says Frank Giustra. A massive financial meltdown is coming to a market near you. Continue...Read More
LONDON, 27 December 2019 - Comment and analysis from BullionVault today leads a detailed report on gold's 2020 outlook from ThisIsMoney, the personal finance site from the UK's Daily Mail newspaper group.Noting that gold priced in British Pounds hit new all-time highs in 2019, "Many of this year's professional and wealthy investors buying gold are choosing to own bullion in a vault, rather than ju...Read More
Silver is expected to begin the next decade newly burnished, through a combination of higher industrial and investment demand, and tightened supply owing to mine production issues and output cuts. As December winds down and precious metals trade volumes dwindle, market analysts including us at Ahead of the Herd are crunching the numbers from 2019 and looking ahead to what the New Year might...Read More
Stewart Thomson, Graceland Updates 1. Massive upside breakouts are taking place across the precious metals sector. Many mining stocks, especially silver-oriented, are skyrocketing.2. Unfortunately, I believe most investors who are Trump fans have become over-obsessed with the relatively minor but media-promoted gains in the US stock market, and they are missing out.3. Please...Read More
There is short covering in Asia and more short covering will be there in Europe and USA once traders get over Christmas hang over. If you short in gold and silver and are drunk after the celebration, I am you will be back to normal within a few seconds after seeing price. China is taking measures to spruce its economy. China is taking measures for a trade deal to happen with USA. Europeans are b...Read More
The markets hit new highs amid thin volumeStocks hit even more record highs during the post-Christmas session. The Nasdaq, in particular, surged above the 9,000 level for the first time ever, and clocked its 11th consecutive win. This marked its longest daily winning streak since 2009, with the tech-heavy index strengthened by a huge surge in Amazon (AMZN) shares, which rallied amid record-breakin...Read More
American Airlines stock has struggled to keep its head above water in 2019For American Airlines Group Inc (NASDAQ:AAL), 2019 has been a volatile downtrend. Although the equity is up 1.4% at $29.58 this afternoon, it's shed more than 8% over the past 12 months, and now looks to be running into a historically bearish ceiling of resistance at the 160-day moving average. Added pressure from this tren...Read More
OXY just ran into a historically bearish trendline at its 70-day moving averageThe shares of Occidental Petroleum Corporation (NYSE:OXY) have been burrowing deeper on the charts for the better part of 2019, slamming into a 14-year low of $37.25 earlier this month, and struggling against pressure at the $40 region. This week, along with the broader market, the shares have managed to break north of...Read More
The tech stock is ripe for a short squeeze, tooThe shares of Seagate Technology PLC (NASDAQ:STX) have climbed alongside the broad market this holiday season, culminating in a Dec. 23 annual high of $60.83. What's more, the tech stock remains in close contact with a trendline that offers historically bullish implications, if past is precedent. Specifically, according to Schaeffer's Senior Quantit...Read More
The earnings slate is quiet heading into 2020The end of 2019 and beginning of 2020 will be quiet on both the earnings and economic fronts. While Chinese truck and auto manufacturer Nio (NIO) is scheduled to release its quarterly report on Monday, Dec. 30, the Chicago purchasing managers index (PMI), consumer confidence, and construction spending will also be in focus throughout the holiday-shorten...Read More
Headlines about strong e-commerce sales are keeping bulls at the tableThe S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are grinding to new highs again, and the Dow Jones Industrial Average (DJI) is also higher, as stocks continue to rally into the new year. With the Nasdaq looking for a 10th consecutive record close, traders are monitoring more trade buzz and this morning's jobless claims updat...Read More
Amazon stock has already added 20% in 2019Another record-breaking holiday shopping season has Amazon.com, Inc. (NASDAQ:AMZN) moving higher this morning, now up 1.2% at $1,809.90 at last glance. Not only did more customers try Amazon Prime, but they shopped at record levels, buying billions of items and tens of millions of Amazon devices. In response, Amazon stock touched a one-month high of $1,82...Read More
Spectrum Pharmaceutical's cancer drug failed a mid-stage trialSpectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) is one of the biggest losers early on today, down 55.8% at $3.87, after the company's cancer drug poziotinib failed a mid-stage study, with the shares hitting a three-year bottom of $3.61 already as a result. This move could spark bearish analyst attention for the drugmaker, since all five co...Read More
There's a lot of pessimism around TSLA to be unwoundNo stock has had as a resounding close to 2019 as Tesla Inc (NASDAQ:TSLA). Today looks to be more of the same, with the stock up 0.4% to trade at $427.11 -- and earlier hitting a new record high of $429.99 out of the gate -- after Wedbush hiked its price target by $100 to $370. And if that's not enough, the analyst in coverage predicts the compa...Read More
Argus lifted its price target to $235 from $220Argus just gifted a post-Christmas bull note to Ireland-based IT concern Accenture Plc (NYSE:ACN) this morning, right on the heels of last week's fiscal first-quarter earnings beat and raise. The analyst maintained its "buy" rating, and hiked its price target to $235 from $220 -- an 11% premium to Tuesday night's close. Despite this, the shares of ACN...Read More