The long-awaited US withdrawal from Syria appears to have been paused, with Pentagon sources saying around 800 troops will stay behind to "guard" Syria's oil.Continue...Read More
"Michigan is currently stealing from people across the state...Counties have been authorized to take not just what they are owed, but to take people's life savings."Continue...Read More
As a bad penny returns to its sender, or a dog returns to its vomit... investors are returning to the stock market."All in" these gentlemen and ladies are going (or at least the computer algorithms that set market pace).Lance Roberts of Real Inves?EUROEtment Advice:With cash levels at the lowest level since 1997 and equity allocations near the highest levels since 1999 and 2007, it suggests invest...Read More
Nov 08, 2019 Flow-through funding provides an alternative way to supply much-needed high risk capital to the junior exploration sector, this according to Lisa Davis, CEO of PearTree Securities. "I really think that the junior end of the market would be just crippled without this tool. Exploration capital for grassroots programs is venture capital at its riskiest, and without an incentive like the...Read More
Nov 08, 2019 Guest(s): Jeff Clark Senior Precious Metals Analyst, GoldSilver.com Ballooning debt has not yet exploded, and the debt to GDP ratio keeps expanding, and this eventually will drive gold prices much higher than current levels, said Jeff Clark, senior precious metals analyst at GoldSilver.com. "There are a lot of catalysts that have pushed gold to where they are now. We broke through t...Read More
The second biggest gold mine in Europecould be about to make investors rich.It’s a story that began over 2,000 years ago whenthe Romans dug up $16.8 billion in gold in Romania... Using only hammers andbuckets.But now, a little company with a big dreamis coming to unearth the rest. Using modern technology, they’re hoping to capitalize on anestimated $13.3 billion find.Smart investors ar...Read More
By: Ira EpsteinGold support around $1480 area if it were to breakdown. Gold fighting resistance with overbought market, serious resistance..Read More
Walgreens and Boeing powered the Dow higherThe Dow recorded another all-time high again today, thanks to ongoing trade-deal hopes for the U.S. and China, along with strong showings for Boeing (BA) and Walgreens Boots Alliance (WBA), the latter of which rose on rumors of going private. Investors also had a busy round of economic data to consider, including the Job Openings and Labor Turnover Survey...Read More
Bear notes galore for UBER, MYGN after earningsThe U.S. stock market is roaring higher again today, with the Dow hitting a new all-time high. Among specific stocks making notable moves are electric carmaker Nio Inc (NYSE:NIO), ride sharing concern Uber Technologies Inc (NYSE:UBER), and healthcare stock Myriad Genetics, Inc. (NASDAQ:MYGN). Here's a quick look at what's moving the shares of NIO, UBE...Read More
Rosenblatt upgraded Applied Optoelectronics to "buy" and lifted its target price to $13A bull note from Rosenblatt has the shares of fiber-optic networking provider Applied Optoelectronics Inc (NASDAQ:AAOI) up 9.5% to trade at $11.60, set for its highest close in over a month. The analyst upgraded the stock to "buy" from "neutral," and lifted its price target to $13 from $10, expecting the company...Read More
3 penny stocks to watch todayRenewable fuel expert Gevo Inc (NASDAQ:GEVO) is rallying today thanks to news the company has won a bid to supply Seattle's fleet vehicles with renewable gasoline, and that it's developing blockchain technology with Blocksize Capital. The stock was last seen 12.1% higher at $2.68, though it topped out right near the 80-day moving average and the $2.80 region, which ser...Read More
AMD stock hit a 12-year high earlier todayAdvanced Micro Devices, Inc. (NASDAQ:AMD) stock has been surging up the charts since taking a sharp bounce off familiar support at its 180-day moving average in early October, gaining nearly 28%. What's more, the shares are pacing for a fifth straight win today -- up 2.3% at $37.14, fresh off a 12-year high of $37.18 -- a streak sparked by a positive earni...Read More
CVNA shares are up almost 150% in 2019Back in August we saw Carvana Co (NYSE:CVNA) jump 25.1% the day after the company's earnings release. In fact, CVNA shares have been positive after earnings in six straight quarters, something investors should know with the company due to report after the close tomorrow, Nov. 6.However, options traders have actually been buying puts ahead of the event, with th...Read More
Nielsen stock just ran up to a historically bearish trendline that could spell trouble Entertainment concern Nielsen Holdings (NYSE:NLSN) has been chopping lower this year, pressured by its 100-day moving average, and just recently bottoming out at an all-time low right beneath familiar support at the $20 region. Since this late-October low, the stock has been in rally mode, looking to clock its...Read More
The Nasdaq hit a new high earlier, tooThe Dow Jones Industrial Average (DJI) hit a new record high earlier, as trade-sensitive stock Boeing (BA) climbs on positive headlines surrounding U.S-China tariff negotiations and news CEO Dennis Muilenburg said he would decline bonuses for this year. The Nasdaq Composite (IXIC) is fresh off an all-time peak, too, with both indexes eyeing a third straight...Read More
Short interest is notably high on the equityDistribution specialist Fastenal Company (NASDAQ:FAST) is shaping up as an ideal trade target for a contrarian trader. The stock has rallied 42% in 2019, and recently gapped to near highs thanks to strong quarterly earnings. However, sentiment around the stock is remarkably bearish, meaning there is still plenty of fuel in the tank for this outperformer....Read More
Endo International's CEO will retire once a successor is namedThe shares of drugmaker Endo International PLC (NASDAQ:ENDP) are sliding this morning, following CEO Paul Campanelli's retirement, effective once a successor is named. This announcement has overshadowed the company's third-quarter earnings beat and upwardly revised full-year outlook, which the firm attributed to strengthening sales in i...Read More
BYND was oversold heading into today, tooWhen we last checked in with Beyond Meat Inc (NASDAQ:BYND), the faux meat concern was getting battered after a dismal corporate report. Today, BYND is on the mend, up 4.5% to trade at $83.39, after Bernstein hiked its rating to "outperform" from "market perform." In keeping its price target of $108 steady, the analyst in coverage said the upgrade was a "va...Read More
November calls were popular on SHAK and TPRInvestors are monitoring earnings releases from Shake Shack Inc (NYSE:SHAK) and Tapestry Inc (NYSE:TPR), and both stocks are sliding in pre-market action. This would be bad news for a number of options traders, since data for both SHAK and TPR shows interest in calls. For SHAK, the shares are set to open down 17.2%, which would put them below the 200-day...Read More
Talks of reducing some of the tariffs imposed on Chinese goods back in September are reportedly in the works Stock futures are once again pointing to all-time highs today, with Dow futures more than 70 points above fair value amid reports the U.S. may roll back some of the $125 billion in tariffs on Chinese goods enacted in September. This fresh optimism on U.S.-China relations comes just ahead of...Read More