A Bloomberg report suggests HP is having doubts about Xerox's proposed takeover The shares of HP Inc (NYSE:HPQ) are lower, after a report from Bloomberg came out last evening indicating Xerox's (XRX) bid to take over HP is a cash-and-stock offer of $22 per share. The report also noted some hesitancy from HP, however, with sources familiar with the matter stating that the printing name has some con...Read More
PLNT has reclaimed its 200-day trendline todayA big earnings winner this morning is Planet Fitness Inc (NYSE:PLNT), which reported adjusted third-quarter earnings of 36 cents, on par with estimates. Revenue and same-store sales topped expectations though, and the company upped its fiscal year forecast. In response, PLNT is up 12.1% to trade at $70.29 this morning, on track for its best single-ses...Read More
Call buying has been popular on FL, tooFoot Locker, Inc. (NYSE:FL) has been grinding higher since a disappointing earnings report in August sent them to annual lows near $33, closing yesterday at $46.48. This was the best close since May, and puts the shares comfortably above recent congestion in the $45 area. This morning the retail stock is now up 1%, after a bullish analyst note.Susquehanna thi...Read More
The Dow is signaling a slightly higher open this morning Stock futures are pointing to a mixed open, with the S&P set to cool its heels following yet another record close after a Reuters report noted some hesitancy within the Trump administrationover the mutual U.S.-China tariff repeals discussed earlier this week. Sources suggest there's an internal divide among White House officials over whether...Read More
Goldman Sachs lifted its MTW rating to "buy" from "sell"The shares of Manitowoc Company Inc (NYSE:MTW) are set to open up more than 8%, after the crane manufacturer reported adjusted third-quarter earnings of 54 cents per share, blowing past the 34 cents per-share profit analysts were expecting. This is offsetting a top-line miss, with Manitowoc recording revenue of $448 million for the three-mont...Read More
Disney stock has had a stellar 2019 Shares of theme park and broadcasting beast Walt Disney Co (NYSE:DIS) are up 5.8% in electronic trading, putting the stock on track for its best day in almost seven months. Triggering the boom is Disney's fiscal fourth-quarter results, where the company reported a better-than-expected profit thanks to strong growth from its flagship parks and the film business....Read More
* Mining quota at 132,000 T, smelting and separation at127,000 T * Annual quotas for 2019 are highest volumes ever allocated * Beijing had raised prospect of limiting supply in U.S.trade row * Quotas have been released unusually late in the year (Adds analyst and association official comment, milestone)By Tom DalyBEIJING, Nov 8 (Reuters) - China lifted its annual rareearth output quotas on Friday...Read More
Christopher Lewis8 hours ago (Nov 07, 2019 4:48 PM GMT)Gold markets have fallen a bit during the trading session on Thursday, reaching towards the $1475 level. This is an area that should offer support, but if it does not it’s likely that we will then face support at the $1450 level next. All things being equal, this is a market that should attract a certain amount of buying pressure eventu...Read More
Bob Moriarty ArchivesNov 8, 2019When I found out Quinton Hennigh was going to be ageological advisor to Lion One back in early 2019, I wrote about them. They just announced results that pretty much prove what I was trying to say. In technical terms, they hit Bigly.Lion Onetalked about what they were aiming for in the drill programin a press release issued over a month ago as they began the drill p...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 344,59164,76398,524181,688498,826624,803662,113 Change from Prior Reporting Period 9,1685,85533,1194,69120,61346,97859,587 Traders 20283815755290196 Small Speculators LongShortOpen Interest 65,37828,068690,181 -239-12,84846,739 non reportable positionsCha...Read More
The US stock markets have surged to all-time-record highs, fueled by extreme Fed easing. It jawboned about rate cutting, slashed rates, and birthed a new large-scale Treasury monetization campaign! All this has left traders hyper-complacent, assuming the upside will continue indefinitely. But are these lofty stock levels fundamentally-justified? The big US stocks' just-reported Q3'19 r...Read More
By: Ira EpsteinGold - how far low can it go?Read More
Typical gold and silver price movement after Diwali. Gold and silver have always formed short term peak around Diwali. Irrespective of the news, history has repeated itself. I will prefer to use sharp dips to invest for next year. Long term investment is good at current price. Short term investors and very short term traders need to remain on the sidelines. Physical demand and investment demand...Read More
"We are removing any and all mentions of the potential whistleblower's name and will revisit this decision should their name be widely published in the media or used by public figures in debate.Continue...Read More
Central banking can only exist at the expense of Liberty. The longer that it exists, the more Liberty it destroys. Ultimately, one of the two must give.Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender o...Read More
As we approach a critical time in the markets, it's important to ask how the megaphone pattern is being affected. Harry Dent warns of higher highs and lower lows while noting that now is the optimum time to lighten up, sell or hedge your stocks with put options.Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent...Read More
Eric Sprott discusses this week's downturn in precious metal prices while also providing his perspective on several mining companies which have recently reported quarterly earnings.Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securit...Read More
The Federal Reserve's grand scheme to raise asset prices and create a "wealth effect" has many unintended consequences, not the least of which is pricing young people out of the real estate marketContinue...Read More
The Critical Investor does a deep dive into this explorer's drill program at its Yukon silver project. Haldane Exploration camp, YukonAll cashed up after raising C$1.1 million in an oversubscribed financing in July, Alianza Minerals Ltd. (ANZ:TSX.V) was ready for its 2019 Phase II drill program at its flagship Haldane silver project, after the Phase I drill target defining program was completed e...Read More
Silverplunged on Tuesday, just as it was likely to afterthe triple reversal that we’ve been writing about, and it was decliningstrongly during Wednesday’s pre-market trading. And then it all changed. Silversoared before the U.S. markets opened and the white metal ended the session inthe green. We definitely saw a silver reversal. But, was it significant and canit be trusted?Wedoubt tha...Read More