Gold prices gained Tuesday, recouping most of the previous session's losses, with the dollar weakening in the wake of monthly U.S. inflation data, as investors watched the outcome of a vote by U.K. lawmakers on Prime Minister Theresa May's Brexit plan, which came after the finish for bullion. Matt Stroud, a CME Group spokesman, said a "technical issue," caused some metals and energy settlements to...Read More
Gold prices gained Tuesday, recouping most of the previous session's losses, with the dollar weakening in the wake of monthly U.S. inflation data, as investors watched the outcome of a vote by U.K. lawmakers on Prime Minister Theresa May's Brexit plan, which came after the finish for bullion. Matt Stroud, a CME Group spokesman, said a "technical issue," caused some metals and energy settlements to...Read More
EXPR has risen an unimpressive 3% since JanuaryRetail concern Express, Inc. (NYSE:EXPR) is down 1.4% at $4.90, at last check, as investors ready for the company's fourth-quarter earnings, set to take the stage before the market opens, tomorrow, March 13. Below we will dive into what the options market has priced in for the shares' post-earnings move, and see how the stock has been performing on th...Read More
How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More
NUVA stock is lower on would-be suitor Smith & Nephew plans to buy Osiris Therapeutics The shares of medical equipment concern NuVasive, Inc. (NASDAQ:NUVA) are sliding today, after Smith & Nephewannounced plans to purchase Osiris Therapeutics, a regenerative medicine producer, for $660 million. In mid-February, NUVA stock gapped higher amid reports that Smith & Nephew held buyout talks with the co...Read More
A free tool can help traders bank big during the upcoming earnings season. Too many investors let their portfolios slip during the busy holiday season, but this is a huge mistake... especially with the market moving events just around the corner!With the crazy market action investors have been seeing lately, right now is the time to prepare to bank big wins.It's important for investors to positio...Read More
Seabridge Gold has tabled an updated resource estimate for its Iron Cap gold-copper porphyry project in British Columbia that increases the project's indicated resource by 460,000 oz. gold and 177 million lb. copper. It also boosts the project's inferred resource by 7.45 million oz. gold and 4 billion lb. copper.The project now contains 423 million indicated tonnes grading 0.41 gram gold per tonne...Read More
Traders from both sides of the aisles had been active coming into todayExchange-traded funds (ETF) Guggenheim CurrencyShares British Pound Sterling Trust (FXB) and iShares MSCI United Kingdom ETF (EWU) are in focus as traders bet on today's key Brexit vote. The currency-focused FXB was last seen trading down 0.4% at $126.89, and put options are popular, while EWU shares are 0.2% in the red, tradin...Read More
Vancouver-based Great Bear Resources has intercepted new gold mineralization along the fold axis at its Dixie project in the Red Lake district. The best assay was 31.40 g/t gold over 0.7 metre at a depth of 64 metres below surface.Great Bear considers the D2 fold axis to be a significant gold control. All five of the holes recently drilled there returned gold mineralization. Two of the holes inter...Read More
MDC Partners was downgraded today, tooThe Dow is sharply lower today, taking a hit as analysts pile on Boeing (BA) amid the 737 MAX 8 controversy. Among stocks making notable moves lower today are marketing communications specialist MDC Partners Inc (NASDAQ:MDCA), and grocery distributors United Natural Foods Inc (NYSE:UNFI), and SpartanNash Co (NASDAQ:SPTN). Here's a quick look at what's got the...Read More
The stock is headed toward its worst daily losing streak since 2010A global ban of Boeing's (BA) 737 MAX 8 planes is weighing on Southwest Airlines Co (NYSE:LUV) stock today -- down 2.3% to trade at $50.45. The airline is the biggest operator of the aircraft, but underscored in a released statement that data "indicates the effectiveness of our operating standards, procedures, and training." Today'...Read More
UBS cut its rating on the stock to "sell" and slashed its price targetThe shares of Hewlett Packard Enterprise Co (NYSE:HPE) are in the red today, after some negative analyst attention. Specifically, UBS downgraded HPE stock to "sell" from "neutral," and cut its price target to $13 from $17 -- an 18% discount to yesterday's close -- stating, "We do not see a 2H19 recovery," as growing cloud demand...Read More
The World Gold Council has issued quite a few interesting papers recently. In this edition of the Gold News Monitor, we discuss the most provocative ones. Such as the money worthiness of gold compared to Bitcoin. Or the ongoing gold repatriation trend as Romania recently joined the fray. What kind of learnings can the precious metals investors draw here? Cryptocurrencies Are No Substitute f...Read More
Sangamo appointed Jason Fontenot as its new Senior Vice President, Cell TherapyBiotech company Sangamo Therapeutics Inc (NASDAQ:SGMO) just named Jason Fontenot, Ph.D. as its Senior Vice President, Cell Therapy. Fontenot will be in charge of the genomic medicine concern's developing cell therapy portfolio. The stock isn't reacting positively to the news, down 2.9% at $9.76, at last check. Looking...Read More
The S&P and Nasdaq, meanwhile, are higherNewly downgraded Boeing (BA) stock continues to weigh down the Dow Jones Industrial Average (DJI) this afternoon, as the U.K., China, France, and many other countries ground the 737 MAX 8 aircraft on safety concerns. On the flip side, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are pushing higher on the back of relatively tame inflation data and a...Read More
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More
AAPL has had a busy news cycle already this weekBoeing (BA) hasn't been the only blue chip making headlines this week, with Apple Inc. (NASDAQ:AAPL) active in the news cycle, as well. In addition to yesterday's big "buy" rating, the iPhone said it will host a special event on Monday, March 25, with rumors swirling of potential updates to its original video content and news subscription services. A...Read More
Plus, Zafgen's Chief Medical Officer just resignedThe shares of Zafgen Inc (NASDAQ:ZFGN) are down 32.2% to trade at $3.43, one of the worst stocks on the Nasdaq this morning, under pressure from a double-dose of negative headlines. First, the drugmaker pulled plans for its experimental drug for rare diseases due to anomalies in animal trial data. What's more, the company announced its Chief Medic...Read More
Russian gold and silver producer Polyus has received a further 5 percent stake in the giant Sukhoi Log gold deposit from its project partner Rostec in return for a 0.28 percent stake in Polyus shares, Polyus said late on Monday.The deal raises Polyus' stake in Sukhoi Log, one of the largest untapped gold deposits in the world, to 63.4 percent. Rostec's stake falls to 36.6 percent.Polyus in January...Read More
Fourth-quarter earnings and revenue beat analysts' expectationsThe shares of Chinese social media name Momo Inc (NASDAQ:MOMO) are up 12.8% at $36.72, after the company announced fourth-quarter earnings and revenue that came in ahead of analysts' expectations.Today, MOMO stock is pacing for its best day since May 2018. The stock is up 60% from its Jan. 2 one-year low of $22.85, supported by its 30...Read More