The cloud stock is trading near a reliably bullish trendlineTwilio Inc (NYSE:TWLO) stock has been in an impressive long-term uptrend, more than tripling in value on a year-over-year basis. More recently, the cloud shares hit a record high of $136 on March 21 before easing back to a historically bullish trendline, last seen up 0.7% at $123.20.Specifically, TWLO closed Thursday's session within one...Read More
The shares have pulled back sharply from their mid-March peakBoston Beer Company Inc (NYSE:SAM) is reeling this morning, last seen down 3.9% at $272.79, after Goldman Sachs slammed the beer stock with a downgrade to "sell" from "neutral," and a price-target cut to $245 to $270. The firm said its sees increasing competition negatively impacting sales growth for SAM, and prefers rival Constellation...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
MUMBAI/BENGALURU - Physical gold demand perked up in top bullion consumer China on a dip in prices and optimism surrounding a U.S.-China trade deal, while buying picked up pace in the Indian market as domestic rates fell ahead of a key festival.In China, premiums of about $13-$15 were being charged over the benchmark, marginally higher than last week's $12-$14 range."Demand in China is doing a bit...Read More
APHA has nearly tripled since its early December bottomPot stock Aphria Inc (NYSE:APHA) was granted provisional approval in Germany for a cannabis cultivation license, with a minimum annual capacity of 200 kilograms. This comes a few days after Aphria launched its first CBD-based product in Germany. The news has Aphria stock up 1% to trade at $10.03 this morning. Since February, Aphria stock has...Read More
We're getting used to writing about bullish analyst notes on ChipotleWe try to diversify our coverage of stocks, but certain trends are too hard to ignore. That's been the case for Chipotle Mexican Grill, Inc. (NYSE:CMG), which continues to receive one positive analyst review after another. This morning it was Stifel that weighed in, saying in a note that a recent survey suggests the burrito chai...Read More
The brokerage firm also boosted its BBBY price targetMorgan Stanley upgraded Bed Bath & Beyond Inc. (NASDAQ:BBBY) to "equal weight" from "underweight," and lifted its price target by $7 to $20 -- a 13.7% premium to last night's close. The brokerage firm said a recent push by activist investors for new management "creates possible upside," and could drive BBBY stock's performance until the retailer...Read More
Waning trade-related fears have halted gold's forward progress for now.ETF inflows slip, further eroding the immediate-term gold outlook.Gold's longer-term recovery is still alive, though, and should continue.While gold's intermediate-term (3-9 month) recovery is still intact, its near-term trend is coming under serious pressure. As we'll discuss in today's report, the latest spike in the...Read More
Bitcoin Gold is the market leader today after the price broke above the 50 SMA 1-hour. BTG/USD hits a snag at $18.00 as the reaction to a double-top pattern starts. The crypto market is mainly in the green following the steady return of the bulls. Selected cryptocurrencies like Bitcoin Gold and Ripple are recording double-digit gains on Friday. Other cryptos in the top twenty are up 1.5% to 7% o...Read More
Markets NFP Trade Talks Brexit Gold Mixed start ahead of jobs report It’s been a mixed start to trading on Friday, as we await the latest jobs report from the US. US futures are marginally higher but we have lost a little momentum. That may simply be because we’re awaiting the latest labour market data from the US, a report that is arguably the most closely followed each mo...Read More
The U.S. added a stronger-than-expected 196,000 new jobs last monthStock futures are signaling a higher open, after a report from China's Xinhua News Agency indicated Chinese President Xi Jinping communicated to U.S. President Donald Trump through Vice Premier Liu He that significant headway had been made in trade negotiations between the two countries, and a deal should made as quickly as possibl...Read More
The Investor Mining & Tailings Safety Initiative has requested that over 600 resource companies, including major miners, reveal the safety records of their waste storage facilities, following the collapse of Vale's Brumadinho dam in Brazil in January, which killed hundreds.Following the disaster, a group of 96 institutional investors (representing more than $10.3 trillion assets under managemen...Read More
* GRAPHIC-2019 asset returns: (Updates with closing prices)By Eric OnstadLONDON, April 5 (Reuters) - Zinc prices gained on Friday onconcerns about short-term shortages, but other industrial metalprices were mixed due to uncertainty about any U.S.-China tradedeal.While metals had been boosted earlier by U.S. PresidentDonald Trump's comments on Thursday that the two countries wereclose to a trade de...Read More
(Corrects headline and story to show annual house price growthslowed to 2.6 percent, rather than accelerated to 3.2 percent,after data provider Halifax published erroneous figures)LONDON, April 5 (Reuters) - British house price growthcooled in the first three months of 2019 in annual terms and theoutlook is likely to remain subdued, given Brexit uncertaintyand high property prices, mortgage lender...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average finishes up Thursday after White House economic adviser Larry Kudlow said "good headway" had been made in trade talks between the U.S. and China. Tesla (TSLA - Get Report) fell sharply after the electric carmaker reported disappointing first-quarter deliveries. Constellation Brands (STZ - Get...Read More
The Thursday Market Minute Global stocks mixed as reports of U.S.-China trade talk progress offset by dismal industrial data from German and concerns for a global manufacturing recession.President Donald Trump will meet with China Vice Premier Liu He later today at the White House amid multiple reports of an imminent deal, although economic adviser Larry Kudlow cautions "we're not there yet".Ger...Read More
Investing.com - Gold prices edged up on Thursday in Asia as a weaker-than-expected U.S. payroll data outweighed optimism surrounding U.S.-China trade.Gold Futures traded on the Comex division of the New York Mercantile Exchange edged up 0.1% to $1,297.05 an ounce by 12:35 AM ET (04:35 GMT).Data on Wednesday showed private payrolls in the U.S. increased by just 129,000 in March, well below the expe...Read More
Bob Moriarty ArchivesApr 5, 2019Anaconda seems to release a barn burning set of drill results about once a month. They get ignored every other day. Go figure. . . Latest results came out on April 4, 2019showing 42.85 g/t gold over 3.8 meters and another intercept of 9.83 g/t gold over 3.5 meters.From a technical point of view, assays such as that are called BFD results. One day down the road some...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 193,78499,22856,826139,514257,744390,124413,798 Change from Prior Reporting Period -21,1134,269-12,381-21,687-54,891-55,181-63,003 Traders 18869775452274169 Small Speculators LongShortOpen Interest 50,04626,372440,170 -14,224-6,402-69,405 non reportable p...Read More
The gold miners' stocks are still marching, grinding higher on balance in a solid upleg. While interest in this sector has faded since late February, it is nicely set up for a strong rally. After consolidating high and establishing a sturdy base, the gold miners are likely to soon report greatly-improved first-quarter results. Couple that with gold itself powering higher, and the slumberin...Read More