"Today I'm proud to announce that I will be personally signing an executive order requiring colleges and universities to support free speech if they want federal research dollars," Continue...Read More
In the notoriously hype-ridden junior miner space there's never a shortage of great-sounding Continue...Read More
"The Post has issued an Editor's Note about updates to its initial coverage of the Jan. 18 incident at the Lincoln.We've also deleted this Jan. 19 tweet Continue...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 254,086108,43953,521146,161312,638453,768474,598 Change from Prior Reporting Period 39,916-857133-13,51526,85126,53426,127 Traders 21872684755291173 Small Speculators LongShortOpen Interest 50,87130,041504,639 2,0222,42928,556 non reportable positionsChan...Read More
By: IRA EPSTEINBig volatility can create no volatility for a while, everyone worn out. Gold in a correction phase, nothing bearish looking on the weekly chart.Read More
Crude oil made yesterday another hesitant move higher. Also yesterday, we mentioned here the saying regarding gravity. Sometimes, it takes patience for the underlying forces to win out. Or, doesn't the oil market rather remind you more of a coiled spring actually? Accordingly, what is the position favored most by the odds right now?Let's take a closer look at the charts below (charts courtesy of h...Read More
The S&P topped the key 2,800 levelStocks kicked off March on a high note, as traders cheered positive U.S.-China trade headlines. However, a round of dreary economic data, including weak readings on consumer sentiment and U.S. manufacturing -- the latter of which showed factory activity slowed to a level not seen since November 2016 -- kept a lid on gains, as the Dow, S&P 500, and Nasdaq all close...Read More
However, a rare VIX alarm just signaled a potential volatility spikeThe Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) are attempting to salvage weekly gains, after finishing February comfortably higher. In addition, the Nasdaq Composite (IXIC) is pacing for a whopping 10th straight weekly win, after a week chock-full of headlines from both Wall Street and Washington, D.C. Specificall...Read More
Wall Street is selling Tesla's newsThe Dow is enjoying solid gainstoday, while the Nasdaq eyes yet another weekly win. But it's not all sunshine and rainbows, as grocery stock Kroger Co (NYSE:KR), biotech ImmunoGen, Inc. (NASDAQ:IMGN), and electric car concern Tesla Inc (NASDAQ:TSLA) are all sharply lower. Here's a quick look at what's got the shares of KR, IMGN, and TSLA struggling today.Options...Read More
Gold futures dropped below the key $1,300 mark on Friday to settle at their lowest in a month and half, down over 2% from a week ago-the sharpest weekly fall since August. An overall risk-on sentiment, which boosted U.S. and global stocks, as well as strength in the U.S. dollar worked to dull demand for the precious metal. The precious metal only managed to briefly pare some of its earlier losses...Read More
The March 57.50 call and put are BMY's most active options todayIt's been a volatile stretch for Bristol-Myers Squibb Co (NYSE:BMY), per the stock's 60-day historical volatility of 40.5%, which registers in the 90th annual percentile. Today, one options trader appears to be initiating a long straddle, betting on this wild price action to continue in the near term.Most recently, roughly 150,000 cal...Read More
Jefferies reiterated its Street-high CPRI price target earlierCapri Holdings Ltd (NYSE:CPRI) stock is hot today, after Jefferies added the Michael Kors parent to its "Franchise Picks" list. The brokerage firm said it believes the shares could double -- and reiterated its Street-high $89 price target -- on strong long-term pricing power from the retailer's Jimmy Choo and Versace brands. At last che...Read More
ALLY just pulled back to a historically bullish trendline Ally Financial Inc (NYSE:ALLY) stock has been in rally mode of late -- up roughly 30% from its Dec. 26 low of $20.61. The consumer lending concern is now directly below its year-over-year breakeven and testing a familiar ceiling at the $27.50 area. However, ALLY just sent up a bullish signal that, if history is any indicator, could point t...Read More
The time to invest is now, according to one economist.The man who warned of the 2001 tech crash, the 2008 subprime financial disaster and oil's shocking fall in 2016 - years before they happened - has issued a new earth-shattering statement:"Right now, the markets are giving investors a critical window to rapidly boost their retirement savings before the greatest stock market crash in American his...Read More
Solid gains since December 2018 may deter investors from considering a holding in gold at this time, but the upwards trend is likely to continue, and downside risk is low.Our proprietary signal has a good track record and is positive, while speculative activity foresees no imminent reversal. Historical articles on Seeking Alpha indicate that a reversal would be identifiable.Our view is that holdi...Read More
March is starting on a positive note for stocksA tame reading on the Fed-watched personal consumption expenditures (PCE) index and hopes for a U.S.-China trade deal have marketscautiously higher this afternoon. However, lackluster data on U.S. manufacturing and consumer sentiment are keeping stocks' gains in check. The Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) are in the black a...Read More
SAO PAULO - An underground blast in a gold mine in the Brazilian state of Bahia on Friday killed two workers, Canadian company Leagold Mining Corp said.Leagold investor relations vice-president Meghan Brown said few further details were available, and that the company had started an investigation.Local media in Brazil said three other workers were injured, but not seriously and had been release...Read More
SQ just pulled back to a trendline with bullish implicationsSquare Inc (NYSE:SQ) had a roller-coaster earnings reaction yesterday, falling to $74.57 at its session low, only to erase those losses and close up 2.4% at $81.24. Although the stock is down 3.5% to trade at $78.08 today, it is trading near a trendline that has historically bullish implications.More specifically, Square stock is trading...Read More
Barrick Gold Corp. has no intention of increasing its hostile offer for Newmont Mining Corp., according to a person familiar with the matter who asked not to be identified because the talks are private.On Monday, Barrick proposed to buy Newmont in an all-share $17.8 billion hostile deal that valued the rival miner's stock at 8% below the prior closing price. Newmont responded that its board would...Read More
Gap said it will separate from its Old Navy businessThe shares of Gap Inc (NYSE:GPS) are up nearly 17% at $29.68 in this morning's trading, pacing toward their biggest one-day gain since Nov. 21, 2008, when they popped 27.2%. The surge comes after the company reported a fourth-quarter earnings beat -- though revenue fell slightly short of the consensus estimate -- and revealed plans to spin off i...Read More