The Dow tanked on Boeing headwindsThe Dow stood no chance against heavyweight Boeing (BA) stock in today's trading, closing 84 points lower after the aerospace giant announced a notable cut to its 737 MAX 8 production. The S&P 500 and Nasdaq showed resilience, though, thanks to Apple's (AAPL) impressive 1.6% surge, with the former bringing its daily win streak to eight -- the longest since October...Read More
Harte Gold Corp. (TSX: HRT) has completed a feasibility study on its Sugar mine, which started commercial production in White River, Ontario, in January.The feasibility study incorporates improvements to the indicated mineral resources and reserves since the preliminary economic assessment was released last year.The study used an 800-tonne-per-day operation as the base case, which resulted in annu...Read More
Harte Gold Corp. (TSX: HRT) has completed a feasibility study on its Sugar mine, which started commercial production in White River, Ontario, in January.The feasibility study incorporates improvements to the indicated mineral resources and reserves since the preliminary economic assessment was released last year.The study used an 800-tonne-per-day operation as the base case, which resulted in annu...Read More
The bank stock just ran into a formidable trendlinePNC Financial Services Group Inc (NYSE:PNC) will join bank peers JPMorgan Chase (JPM) and Wells Fargo (WFC) in the earnings confessional on Friday. Since bottoming out at two-year lows in late December, PNC stock has managed an 18% rebound. However, a bearish signal just flashed on the charts that, if history is any indicator, might make traders w...Read More
Toronto-based junior Warrior Gold continues to drill its Goodfish-Kirana gold project near Kirkland Lake. To date, the company has drilled 10 holes totaling 1,522 metres. About half the core has been logged and 482 samples sent to ALS Geochemistry to be assayed.The Goodfish-Kirana property is about 6.0 km north of the Cadillac-Larder Lake fault zone. The property hosts several gold showings, pit,...Read More
Vancouver-based Integra Resources has received positive results from metallurgical testing of samples from its DeLamar and Florida Mountain gold-silver deposits about 160 km from the capital, Boise.From six Florida Mountain oxide samples, recoveries of 83.3% gold and 39.7% silver were achieved in bottle roll tests. The same oxide sample composites had 72.4% gold and 23.4% silver recoveries after 2...Read More
Altiplano Metals of Edmonton, Alta., is considering a magnetic separation plant for its Farellon copper-gold project near La Serena. The company says that copper recoveries from low grade mineralized material went up following magnetite separation.Two 100-kg low grade samples were submitted for testing. Initially, sample 251178 graded 0.65% copper (0.03% soluble copper) and 36.70% iron. Sample 251...Read More
Not all stocks are falling todayThe U.S. stock market is lower today on stiff Boeing (BA) headwinds. Among other stocks making notable moves are electronics and entertainment magnate Sony Corp (NYSE:SNE), cybersecurity specialist Symantec Corporation (NASDAQ:SYMC), and movie theater name AMC Entertainment Holdings Inc (NYSE:AMC). Here's a quick look at what's moving the shares of SNE, SYMC, and AM...Read More
Analysts remain optimistic, despite the stock's recent strugglesThe shares of Boeing (BA) supplier Allegheny Technologies Incorporated (NYSE:ATI) are down 2.6% to trade at $26.75 today, and earlier ATI was one of the worst stocks on the New York Stock Exchange (NYSE), after Boeing's decision to cut production of its 737 aircraft. In response to the news, ATI's normally barren options activity ha...Read More
Gold futures settled back above $1,300 an ounce on Monday for the first time in over a week, as a slump in the dollar helped the haven metal to rebound from a loss last week, and investors turned cautious ahead of the launch of a new earnings season for American corporations. "Naturally, a weaker U.S. dollar index is a tailwind for gold," said Michael Armbruster, managing partner at Altavest. The...Read More
Gold futures settled back above $1,300 an ounce on Monday for the first time in over a week, as a slump in the dollar helped the haven metal to rebound from a loss last week, and investors turned cautious ahead of the launch of a new earnings season for American corporations. "Naturally, a weaker U.S. dollar index is a tailwind for gold," said Michael Armbruster, managing partner at Altavest. The...Read More
Bilibili stock has moved higher from its IPO price of $11.50Chinese video concern Bilibili Inc (NASDAQ:BILI) is down 0.06% at $18.01 in today's trading, the shares still struggling to maintain positive territory following last Thursday's pullback near the round $17 level. However, during this same time frame, BILI moved to within one standard deviation of a key trendline -- one which also holds h...Read More
Call buying has been popular on AAXNAxon Enterprise Inc (NASDAQ:AAXN) is trading 4.7% higher at $60.46, after Raymond James upgraded the stock to "strong buy" from "outperform," expecting strong sales growth over the next three years. In fact, the brokerage firm believes AAXN stock could rise to $100 in 2021, and that the company's new line of products could double subscriber growth by 2022. As su...Read More
Three stocks could help investors double their money in 2019.2019 could be a game-changer for investors... Especially those looking to potentially double their money.Those investors now have a simple blueprint to follow for success.Simply put, these three stocks could be the best way to make money in 2019 -- whether the markets are flying high, or sinking like a ship.This free Investor's Report re...Read More
The shares are pacing for their best day since NovemberThe shares of CBD-infused drink maker New Age Beverages Corp (NASDAQ:NBEV) are in rally mode today, after the company inked its first national distribution agreement. Specifically, New Age's Marley Mate brand ofdrinks will soon hit Walmart (WMT) shelves. Against this backdrop, NBEV stock is up 18.7% at $5.67, and options traders are swarming.N...Read More
The next financial bubble burst could be so massive, it even takes out gold. One economist is making a very bold prediction.This man says that the colossal financial bubble that exists in today's economy is stretching closer and closer to its breaking point.And when it does pop -- soon, very soon -- it's not only going to take out the entire stock market... it'll absolutely crush other assets too....Read More
One may say that not much has happened last week in case of gold and silver, but it's impossible to describe the action in mining stocks in the same way. Miners started the previous week with a slide only to come back with vengeance before the week was over, changing the short-term picture for the entire sector. The weekly price changes show little changes as long as you only have a quick glan...Read More
Gold is historically the best way to protect your wealth, and it is better to think of gold in that capacity rather than as an investment.Gold prices have been essentially flat for five years, in stark contrast to just about everything else.Central banks around the world are ramping up their purchases of gold, creating pressure on the demand side.PHYS is fully convertible to physical gold and has...Read More
ROKU options are attractively priced at the moment, tooRoku Inc (NASDAQ:ROKU) stock is down 6.2% to trade at $59.81 today, after Citigroup downgraded the streaming name to "sell" from "neutral" on competition concerns. The stock is fresh off its second weekly loss of 2019, and has now racked up four downgrades in the past month. Despite the recent struggles, ROKU call options have been flying off...Read More
BA was downgraded after slashing 737 productionThe Dow Jones Industrial Average (DJI) has continued its journey south this afternoon, down over 120 points, pushed lower by a steep decline from Boeing (BA). In addition, traders are digesting a drop in February factory orders, and are exercising caution ahead of the start of earnings season, with big banksWells Fargo (WFC) and JPMorgan Chase (JPM)...Read More