Following the publication of his 'capitalist manifesto' where he called for drastic reforms of the American capitalist system to redistribute wealth and resources more equitablyContinue...Read More
Not so long ago, the major US political parties had very different views on monetary policy. Democrats, representing labor, wanted high government spending, low interest ratesContinue...Read More
The Fed left interest rates unchanged, again. I'm not surprised... But many pundits are wondering if this is Powell kowtowing to The Donald...I can see why they might think that...Continue...Read More
Wall Street legend and former special adviser to President Donald Trump, billionaire Carl Icahn, is out starkly warning against the idea of modern monetary theory, accordingContinue...Read More
"DOE received a report about a denial-of-service condition that occurred at an electric utility on March 5, 2019 related to a known vulnerability that required Continue...Read More
"The time for talking and having a conversation is over. What Israel and the Jewish community around the world demand is action - and now."Continue...Read More
Beyond Meat is a Los Angeles-based producer of plant-based meat substitutes founded in 2009 by Ethan Brown. Beyond Meat's products became available across the United States in 2013 at Whole Foods supermarkets.Continue...Read More
"This the 'king of Kennedy half dollars.'" "It seems we were very successful in attracting Continue...Read More
Turkish billet prices have softened over the past week, with news of fresh export sales at lower prices confirming the downturn, sources said on Thursday May 2.Fastmarkets' weekly price assessment for billet exports out of Turkey was $425-430 per tonne fob on Thursday, down from last week's $450-455 per tonne.A steel mill in northern Turkey sold 40,000 tonnes of billet to Saudi Arabia at $425 per....Read More
Import prices for stainless steel in East Asia were down in the week to Thursday May 2 amid weak buying interest and falling nickel prices that led to lower offers from producers in the region.The three-month nickel contract on the London Metal Exchange ended Wednesday May 1's official trading session at $12,205-12,210 per tonne, down $220-240 per tonne week on week.The price has trended downward...Read More
This company has discovered high-grade gold mineralization extends to a second target at one of its Canadian assets, and also has agreed to an earn-in plan on a separate property. Great Bear Resources Ltd. (GBR:TSX.V; GTBDF:OTC) announced in a news release it discovered a new gold control in its Dixie Limb zone target at its Dixie project, which "enhances the Dixie Limb as a significant potential...Read More
A Canadian company reported the latest from its expansion underground program at its flagship Arizona project. Kerr Mines Inc. (KER:TSX; KERMF:OTC; 7AZ1:FRA) announced in a news release that additional drill results from its resource expansion program at its Copperstone gold mine "continued to establish continuity between previously drilled mineralized intercepts in the existing Inferred categor...Read More
Earlier this week the Canadian Institute of Mining, Metallurgy and Petroleum recognized Roy Slack as the new president for a one-year term. He is the former president and is currently a board member of Cementation Americas.Toronto-based Ivanhoe Mines has named Tony. S. Giardini its new president. Lars-Eric Johansson, who has been president and CEO since May 2007, is retiring at the end of June 201...Read More
Investors continue to fret over Fed Chair Jerome Powell's comments The Dow fell for the second day in a row, dropping over 120 points, as investors continue to stew over Fed Chair Jerome Powell's comments on Wednesday. Elsewhere, House Speaker Nancy Pelosi accused Attorney General William Barr of misleading Congress over special counsel Robert Mueller's report, calling his action a "crime." Agains...Read More
Also, United States Steel is trading at new lows before earningsThe Dow is down today as stocks slip following Wednesday's Fed decision to hold rates steady. Three names making big moves on the charts today are hospice services provider Amedisys Inc (NASDAQ:AMED), Pittsburgh-based United States Steel Corporation (NYSE:X), and item identifying expert Digimarc (NASDAQ:DMRC). While the shares of the...Read More
BYND, TMDX, and SY are making their public trading debuts todayThe broader stock market is taking a hit this afternoon, but not all of the day's action is to the downside. Among some of the hottest stocks today are vegan burger specialist Beyond Meat Inc (NASDAQ:BYND), medical device maker TransMedics Group, Inc. (NASDAQ:TMDX), and online medical marketplace So-Young International Inc. (NASDAQ:SY)...Read More
The cloud stock is staring up at a historically bearish trendlineWhile one cloud stock soars to new heights, another could be in trouble. The shares of Nutanix Inc (NASDAQ:NTNX) are down 1.4% to trade at $42.36 today, as they consolidate below a key trendline. Unfortunately, staring up at this trendline has had bearish implications for the cloud specialist, if history is any guide. More specific...Read More
The risks and rewards of the long strangle strategyEarnings season has been at full speed these past few weeks, but there's still time tospeculate on volatility using options. One way to do this is by employing a long strangle options strategy. Much like a straddle, a long strangle involves a bullish option trade and a bearish option trade, played simultaneously. Both the call and put are bought t...Read More
Martin LovePosted May 1, 2019In the broadest sense, without all the nuances and other information, this is how things stand very basically regarding the United States:At least $6 trillion (If not $20 trillion which the Pentagon cannot account for) has gone down the drain over the past 20 years or so with the U.S. efforts to gut or destabilize seven countries as per the “Project for a New Ame...Read More
It took just six weeks for subscribers to double their investment Subscribers to Schaeffer's Weekend Trader Series managed to double their money in a little more than a month with the Veeva Systems Inc (NYSE:VEEV) June 115 call. Below, we will dive into why we anticipated an upside move from the cloud specialist, and how the options trade unfolded. When we first recommended the call optio...Read More