Twitter pulled back to a trendline with bullish implicationsSocial media powerhouse Twitter Inc (NYSE:TWTR) looks to be flashing a noteworthy bull signal, just one day after dropping on a price-target cut out of Moffett Nathanson. Below, we will take a look at how TWTR has been moving on the charts, and why now looks to be the perfect time to jump on the tech name's next surge higher.Per data fr...Read More
ALGN options are a bargain right now tooThe shares of Align Technology, Inc. (NASDAQ:ALGN) are down 0.7% to trade at $309 today, after the Invisalign parent terminated a development and distribution agreement with Straumann Group. Nevertheless, ALGN is flashing a bullish signal that points to a rally as soon as next week, if history is any indicator. Diving right in, Align Technology stock made...Read More
Broadcom blamed the Huawei export ban for its downwardly revised guidanceStocks are trading modestly lower at midday, as traders digest a revenue warning from Apple supplier Broadcom (AVGO) -- which said full-year revenue will come in $2 billion below its previous estimate on U.S.-China trade headwinds -- and lower-than-expected readings on Chinese industrial output and retail sales for May. At la...Read More
Asset Rich OPEC Nation Ecuador Opens to Mining.Recently Elected President Lenin Morena Establishes Mining Ministry and Repeals 70% Windfall Tax.Seeks to Establish Goal to Attract $3.7 Billion in Mining Investments and Add $826 Million to Tax Coffers in Next Two Years.Ecuador is the World's Last Unexploited Location to Find Tier 1 Discovery.Could Make the California Gold Rush (1848) Look Like C...Read More
Take advantage of the first amendment, and participate in a nation-wide poll.With the 2020 election growing ever closer, the country continues to be divided politically.From disputes about the appropriateness of displaying the Confederate flag, to rights for minorities, and the ever-growing concern about security at the U.S. border, the 2020 election promises to be contentious... if not the most c...Read More
Maxim also weighed in on HEB sharesAchieve Life Sciences Inc (NASDAQ:ACHV) has had a volatile year on the charts, making several sharp moves in both directions in 2019. Today, the shares are slightly lower, trading at $2.64, despite brokerage firm Maxim beginning coverage with a "buy" rating and $6 price target. Before today, Ladenburg Thalmann was the only firm covering ACHV shares, just raising...Read More
The chipmaker said full-year revenue will be $2 billion less than previously estimatedBroadcom Inc (NASDAQ:AVGO) stock is taking a big hit post-earnings, with the Apple supplier recording fiscal second-quarter revenue of $5.52 billion, less than the $5.68 billion analysts were expecting. What's more, the chipmaker slashed its full-year revenue forecast, citing headwinds from the U.S.-China trade c...Read More
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