Rosenblatt Securities applauded growing profit marginsMedia giant Comcast Corporation (NASDAQ:CMCSA) is 0.7% higher at $42 this morning, after scoring a fresh "buy" rating and $50 price target from Rosenblatt Securities. The firm cited the company's growing cable profit margins and broadband market share for the catalyst behind the bull note.This type of analyst sentiment is far from unusual for...Read More
Demand for safety still runs high despite U.S.-Mexico trade resolution.Falling bond yields also increase non-yielding gold's attractiveness.South African gold mining stocks among the biggest winners right now.One question that gold investors have been asking lately is, 'Can the gold rally continue if worries over global trade diminish?' After all, there's no denying that the initial impetus be...Read More
Kura said a Phase 2 clinical study for its lymphoma drug met its primary endpoint Drugmaker Kura Oncology Inc (NASDAQ:KURA) just announced that its ongoing Phase 2 clinical trial for its experimental lymphoma drug, tipifarnib, met its primary endpoint today. The cancer researcher said the treatment's results yielded "ongoing anti-tumor activity and a manageable safety profile." KURA shares are hig...Read More
Most analysts are still bullish on RIG, thoughOil-and-gas stocks were in focus yesterday, after the tanker attacks near the Gulf of Oman and the subsequent rise in oil prices. This put drilling issue Transocean Ltd (NYSE:RIG) in the crosshairs yesterday, and even more so today after Citigroup downgraded the stock to "neutral" from "buy" and slashed its price target to $6.70 from $11. In respons...Read More
Havens in, tech stocks out may be the theme for Friday. Investors seem eager to insure themselves against geopolitical tensions that have flared up in the Middle East and Hong Kong this week, with gold vaulting on Friday. Meanwhile, U.S. technology stocks might not win any popularity contests as a red flag cropped up over how the trade war is biting that industry. Tech conglomerate Broadcom is s...Read More
Broadcom's ugly outlook could weigh on markets todayStocks are set for a weak open this morning, with futures on the Dow Jones Industrial Average (DJI) trading modestly below fair value. Traders continue to monitor tensions between the U.S. and Iran, though oil prices are giving back some of yesterday's gains, with July-dated crude futures down 0.2% at $52.16 per barrel. Meanwhile, semiconductor s...Read More
Already legal in 30 states, the tide is turning for medical marijuana.It seems like everyone is looking for a way to make money from the legal marijuana boom...But many don't want to roll the dice and risk their hard-earned money on a penny stock, or spend hours learning how to buy shares of a grower on some Canadian exchange.But there is good news.Marijuana profit-sharing plans are here, and one...Read More
I believe Barrick will increase in value over the next two years even if the price of gold remains flat.Barrick's current EV/EBITDA ratio is 8.6 and I expect it to decline to 5.7 as EBITDA increases and debt is repaid. Additional interest savings aren't included in this multiple.The bullish technical setup in GOLD is something that hasn't been seen since the last bull market back in 20...Read More
* Gold up 0.8% so far this week, set for 4th weekly gain * Palladium set for biggest weekly gain since September 2018 * GRAPHIC-2019 asset returns: (Adds comment, updates prices)By Eileen SorengJune 14 (Reuters) - Gold hit its highest since April lastyear on Friday as political tensions in the Middle East and weakeconomic data from China and the United States pushed it above$1,350.Spot gold was up...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended higher Thursday even as reports of attacks on two oil tankers sent oil prices soaring. Lululemon Athletica (LULU - Get Report) jumped after topping first-quarter earnings and sales forecasts and lifting its fiscal-year outlook. Lululemon Athletica is Real Money's Stock of the Day. Tyson Foods (TSN...Read More
The Thursday Market Minute U.S. stock futures gain amid a surge in global crude prices following attacks on two shipping tankers in the Strait of Hormuz.Two ships reported being hit by missiles or explosives, while U.S. Navy vessels were sent in support, as tensions in the busy crude traffic lane intensify.Asia stocks slide prior to the oil surge on concerns over stall U.S.-China trade talks and...Read More
Investing.com - Gold prices climbed on Thursday in Asia as risk sentiment remained weak and expectations for a rate cut from the Federal Reserve also provided support.Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange, were up 0.2% at $1,339.95 per ounce by 01:40 AM ET (05:40 GMT).“Today, global equities are weaker, there is some safe-haven buy...Read More
Bob Moriarty ArchivesJun 14, 2019Ifirst wrote about Barksdale Capital in late February of this year. As the price of copper dropped so did the price of the shares. They were $.55 then, have recovered a little and only $.57 today even as the story is better understood.They made a giant step forward a few days ago whenTeck stepped up to the plate and took a $1.5 million dollar placementinto Barksdal...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 250,11465,87659,835137,719339,746447,668465,457 Change from Prior Reporting Period 9,637-18,4862,9375,20234,65317,77619,104 Traders 19272665756280167 Small Speculators LongShortOpen Interest 48,99531,206496,663 -2,608-3,93615,168 non reportable positionsC...Read More
All the pieces are falling into place for the biggest gold bullmarket in history and by the look of the long-term gold chart, it is set to start very soon. The biggest reason of course is the accelerating demise of fiat. There are many other reasons that we will be considering going forward, but the one that looks set to trigger the immediate start of the bullmarket (and has already since the mo...Read More
GoldSeek Radio's Chris Waltzek talks to Peter Schiff CEO of EuroPacific Capital. http://www.europac.net/ http://www.europacmetals.com/ http://www.goldscams.com/ http://www.goldseek.com/ http://radio.goldseek.com/Read More
- Gary TanashianI make the point in the title because the real fundamentals that matter for the gold stock sector must be in line at the beginning of a real bull phase or bull market for the sector. I make that point with the example of Q1 2016, when a very powerful gold stock "launch" erupted but in Q2 of that year we (NFTRH) were already advising a degrading of those fundamentals. A public...Read More
David HaggithThese are not the tiny champagne bubbles Don Ho used to sing about, but those greenish-gray floats of foam that pile up against harbor docks where the churn of the waves meets the oil spittle of boat motors. They are the economic froth that has piled up around us and is now beginning to fizzle.They are the bubbles of overbuilt retail space, heaps of junk bonds and layers of leverage...Read More
By: Ira EpsteinGold $1,360's zone resistance - but geo-politically, triggers exist:Read More
Steve Forbes, CEO of Forbes unloads on the Fed and its horrific track record - with accuracy that's worse than a bunch of monkeys throwing darts at a dart board he says. He discusses Donald Trump's chances at reelection and lays out the case why you simply must have at least some gold in your portfolio.Steve Forbes is an American publishing executive who was twice a candidate for the nomination of...Read More