BMO just initiated coverage with an "outperform" rating BMO just initiated coverage of online review name Yelp Inc (NYSE:YELP) with an "outperform" rating and a $45 price target -- a roughly 26% premium to last night's close. The analyst said it sees "revenue growth accelerating" in the next two years, and that the stock's recent dip -- combined with heavy investor skepticism -- provides an "attra...Read More
How you can transform lagging indicators into leading indicators.Many traders are tired of repeating the same mistakes over and over again, but are unsure how to break the cycle of bad decisions that lead to mediocre, or even poor results.And even the supposed "market gurus" or "experts" don't have the answer... or if they do, it's "all flash and no substance."But there is a REAL solution.While ot...Read More
AG Barr will hold a press conference right as the stock market opensDow Jones Industrial Average (DJI) futures are trading modestly above fair value ahead of a busy day on Wall Street. In addition to a stronger-than-expected rise in March retail sales and another notable drop in weekly jobless claims -- which fell to their lowest level since September 1969 last week -- traders are also digesting a...Read More
* GRAPHIC-2019 asset returns: (Adds closing prices, quote)By Zandi ShabalalaLONDON, April 18 (Reuters) - Zinc prices sank to a one-monthlow on Thursday after inventories in London Metal Exchange (LME)warehouses climbed and weak manufacturing data in Europe tookthe shine off base metals.Base metals prices had jumped in the previous session afterupbeat GDP data from top consumer China but fell on Th...Read More
Newmont Mining's $10 billion acquisition of Canada's Goldcorp closed Thursday, giving rise to Newmont Goldcorp Corporation (NYSE: NEM)(TSX: NGT), the world's largest gold producer by market value, output and reserves.The mammoth company, to be led by Gary Goldberg until the end of the year, will mine in the Americas, Australia and Ghana, producing between 6 and 7 million ounces of gold annually o...Read More
* Daimler's CEO designate to seek cost savings - ManagerMagazin * Mercedes to seek 6 bln euros' in cuts - Manager Magazin * Daimler Trucks to seek 2 bln euros in cuts - ManagerMagazin * Daimler declines comment (Adds line about job cuts)FRANKFURT, April 18 (Reuters) - Daimler islooking to make 6 billion euros ($6.75 billion) in cost savingsand efficiency gains by 2021 at Mercedes-Benz passenger ca...Read More
This new book is a must-read for the business-minded.A shocking new book is making its way through the academic, financial, and economic circles in America.According to one interview, it even became the #2 book in all of China!This book has become so popular because it identifies a big change in the U.S.'sfuture... which could inevitably lead to the fall of several of the most powerful tech compa...Read More
Published 22 Hours AgoUpdated7 Hours AgoReuters Getty ImagesGold held steady near a four-month low on Thursday as a stronger dollar offset concerns over global economic growth after the release of weak manufacturing data out of Europe.Spot gold was nearly unchanged at $1,273.79 per ounce, having fallen to its lowest since Dec. 27 at $1,270.63 earlier in the session. U.S. gold futures settled $0.8...Read More
Gold production increased for the 10th consecutive year in 2018 to 107.3 million ounces (Moz), and is expected to reach a new record high of 109.6 Moz in 2019, according to the latest metals and mining research by S&P Global Market Intelligence. Although the year-over-year increase of just under 1% was the smallest in the last decade, output has risen by 40% since 2008. Christopher Galbraith...Read More
A new survey of 1,000 American retirees revealed that the vast majority of them either don't know what Bitcoin is, or are simply not interested in investing in it at this time. Retirees are not famous for being major risk-takers. In fact, quite the opposite is true with their age bracket. That said, it's surprising to learn that one third of them don't even know what Bitcoin is, according to resu...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average finished slightly down after IBM (IBM - Get Report) posted lighter-than-expected first-quarter revenue and mixed guidance, while UnitedHealth Group (UNH - Get Report) tumbled for a second day on concerns regarding the debate over Medicare-for-All proposals. Qualcomm (QCOM - Get Report) surged...Read More
The Wednesday Market Minute Global stocks mixed, with Asia higher and Europe modestly lower, after stronger-than-expected China GDP data.China's first quarter growth rate speeds to 6.4% as government stimulus kicks in and industrial output rising at the fastest pace in 4.5 years.Oil prices gain on China recovery bets, with traders adding to long positions on supply concerns linked to Libyan conf...Read More
By: IRA EPSTEINAbbreviated trading in many markets, lower volumes. Friday closed. Gold in bearish trend, $1297-1300 resistance. Market oversold, bearish tone unless moves back above $1,300:Read More
Today's chart shows why it can be so difficult to make money in a bull market, even when one "knows" how high a stock is headed. We've been confident that Facebook will eventually hit 190, a Hidden Pivot target first aired here more than three weeks ago when the stock was trading around 167. We still think it'll get there, come hell or high water. But what an agony it has been to simply go w...Read More
By: David Chapman Coimbra, Portugal Not much happened this past week. The S&P 500 gained 0.5% while the Dow Jones Industrials (DJI) was essentially flat. Gold was also flat but silver lost 0.9%. Here in Canada the TSX Composite gained 0.5% while the TSX Venture Exchange (CDNX) lost 0.7%. The US$ Index fell 0.4% while the Canadian dollar gained 0.4%. Gold stock indices fell portending a further...Read More
There is no hope for gold and silver next week if they do not see short covering and rise. Physical demand for gold and silver will be high in Asia and more so in India and Indonesia as they open after a holiday. Risk traders use a buy on sharp dips strategy with a stop loss below $1255 for Monday and a stop loss below $1440 for silver for Monday. Copper is bullish and seems headed for $310 next...Read More
"Technically, the recession was over in June 2009 and the U.S. economy has been expanding ever since. We're coming up on 10 years of expansion, it's one of the longest expansions in U.S. history and it's one of the longest bull markets in stocks in U.S. history, so that's true. But, it's also been the weakest expansion in U.S. history. For 10 years average growth has been about 2.2%."Jim Rickards...Read More
James O'Keefe of Project Veritas joins Stefan Molyneux of Freedomain to discuss the growing attacks and censorship against voices who criticize leftist collectivism.Read More
Judge Wilson, first time guest, tells us that After almost two years of investigation, the report of Special Counsel Robert Mueller concerning whether the President and his campaign staff colluded with Russian agents during the 2016 election was finally provided to the US Attorney General's Office late in March. The Attorney General, William Barr, immediately released a short summary of the Report...Read More