This Canadian firm advances its Madagascar assets. DNI Metals Inc. (DNI:CSE; DMNKF:OTC), in a news release, provided an update on its filings for environmental licenses for its Madagascar assets and on its graphite offtake agreement with a Korean concern.Regarding the filings, the company got the necessary documents completed for environmental licensing for its Vohitsara and Marofody graphite pro...Read More
Early investors could see a windfall as this invention unlocks $15.7 trillion in revenue.It's been called humanity's last invention...The "king of disrupters."And "the most important conversation of our time."Insiders are already predicting it will have a bigger economic impact than the steam engine, electricity and the internet...The World Economic Forum claims it will usher in the "4th industria...Read More
December is historically a bullish month for stocksDecember is known to be a bullish month for stocks. The table below comparing monthly returns of the S&P 500 Index since 1950 confirms this, with the last month of the year showing both the highest average return and percent positive. Another interesting stat for December is that since 1929 -- as far back as we have data on the index -- it has nev...Read More
A free tool can help traders bank big this earnings season.We are in middle of Earnings season, which means the time to bank some big wins is now.Tech stocks (AAPL, FB and BIDU) just released Earnings few days ago, and you need to position yourself now in order to make maximum profit from it.One company can help any investor do just that.They've developed a tool that predicts volatility based on...Read More
Oil and gold both finished lower, however, as the U.S. dollar ticked higherThe Dow opened lower today -- pressured in part by losses for tariff target Apple (AAPL) ahead of this weekend's much-anticipated G-20 meeting -- but the index eventually clawed higher after exploring a 334-point range on both sides of breakeven. Traders showed some cautious interest in defensive names after Fed Vice Chair...Read More
Bearish traders are targeting X ahead of the G-20 summitThe U.S. stock market has made amove higher in the last hour of trading. A number of individual stocks are making notable moves, too, including cardiovascular disease specialist Amarin Corporation (NASDAQ:AMRN), steelmaker United States Steel Corporation (NYSE:X), and alternative energy stock Vivint Solar Inc (NYSE:VSLR). Here's a quick look...Read More
CloseGain/LossGold $1215.00-$7.50Silver$14.14-$0.11XAU63.55-1.82%HUI143.71-1.99%GDM526.50-1.91%JSE Gold1105.78-21.46USD97.36+0.31Euro112.95-0.39Yen88.02-0.12Oil$51.56-$0.0710-Year3.053%-0.014T-Bond139.90625+0.125Dow24748.73+0.44%Nasdaq7082.70+0.01%S&P2682.20+0.33% The Metals: Gold edged up to $1225.20 by a little after 8AM EST before it fell back to $1212.00 in early afte...Read More
by John Mauldin via Forbes.comA Worldwide Debt Default Is A Real PossibilityIs debt good or bad? The answer is "Yes."Debt is future spending pulled forward in time. It lets you buy something now for which you otherwise don't have cash yet.Whether it's wise or not depends on what you buy. Debt to educate yourself so you can get a better job may be a good idea. Borrowing money to finance your vac...Read More
Most investors are cautious. Nothing is rising, be it stocks, commodities or bonds. Sitting on cash is the favorite pastime of traders and investors. There will be short term certain direction after the G20 meeting and US November nonfarm payrolls on 7th December. It is just keeping a hawk eye and making the right investment. Do invest with the herd. Herd trading can result in more losses than p...Read More
The new Alchemist is out. What can we learn from the latest publication of the LBMA? We invite you to read our today’s article and find out!Banque de France and GoldThe latest edition of LBMA’s Alchemist focuses on the role of central banks in the gold market. Sylvie Goulard, Deputy Governor of Banque de France, wrote the first article, entitled Banque de France and Gold: Past and Futu...Read More
The South East Asia Iron & Steel Institute (Seaisi) has singled out Myanmar as a burgeoning steel market to watch in the Southeast Asian region.The country's annual steel consumption is expected to exceed 3 million tonnes in 2020 on an average growth rate of 8% before reaching 5 million tonnes in 2025, Seaisi secretary general Tan Ah Yong said on Monday November 26.He was speaking to delegates at...Read More
The stock has historically struggled in DecemberApple (AAPL) is in the news today, after President Donald Trump threatened a 10% tariff on iPhones and laptops imported from China. As a result, Apple suppliers such as Qorvo Inc (NASDAQ:QRVO) are lower today, down 0.5% to trade at $65.34, at last check. What's more, the worst could be yet to come for QRVO heading into December. According to Sc...Read More
Sector expert Michael Ballanger muses on lessons learned and profits to be gained in silver trades. "Even a broken clock is right twice a day." ― Stephen Hunt, The Court of the AirThere are times when every investor has to look long and deep into a mirror and determine whether a well-thought-out strategy is actionable or whether it is simply an ad hoc "hunch," barely worth chasing. With rega...Read More
RACE shares have struggled since their June peakFerrari N.V. (NYSE:RACE) call volume running wild today, with more than 4,800 contracts crossing, compared to a daily average of just 667. Trade-Alert notes that more than half the volume has taken place at the February 2019 105-strike call, where one speculator loaded on more than $2 million worth of options -- almost 2,800 contacts in total -- via...Read More
ClintSiegner : Itis hard to cheer for the Department of Justice these days, but federalprosecutions have begun to offer hope for precious metals investors hurt byrigged markets and crooked traders.TheDOJ looks poised to do what regulators at the CFTC have not. They will useevidence of blatant cheating and fraud to hold a few bankers accountable. Lastweek, DOJ officials asked the judge in a civil s...Read More
UTX has ended December higher nine times over the past 10 yearsIt's been a rough day for blue chip United Technologies Corporation (NYSE:UTX) down 5.7% to trade at $120.56. Driving the stock lower is the announcement that the company will split into three separate entities: aerospace, elevators, and building divisions. It is one of the biggest companies ever to pursue such a split, and has been u...Read More
The S&P and Nasdaq have both traded in positive territory todayAfter starting the day in negative territory on new tariff threats from U.S. President Donald Trump, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) have tested positive territory, though the former was last seen in the red once again. Meanwhile, a sharp sell-off from United Technologies (UTX) is keeping pressure on the Dow Jones I...Read More
Opportunitieslike this are rare. I study markets for a living and I see one setup like it ayear, at the most. But will you listen to me? Will you buy the stock Irecommend in this article?I hope so… because there’s a realistic shot to makeroughly 140% in just a few months.But there’s a catch. You’ll have to buy the single most hated asset class on the planet today. The Asse...Read More
Plus, 23 other stocks that tend to struggle in the final month of the yearOn Monday, we outlined 25 stocks to buy before December, if history is any indicator. Today, we're focusing on the worst-performing stocks in the final month of the year, historically. Among them are video game makers Take-Two Interactive Software, Inc. (NASDAQ:TTWO) and Activision Blizzard, Inc. (NASDAQ:ATVI). Below are th...Read More
UAL will present at a Credit Suisse conference this weekThe shares of United Continental (NYSE:UAL) have continued to push higher, up almost 59% year-over-year and notching an all-time closing high on Friday. Prior to this, a pullback was neatly contained near the site of UAL's September high and the 20-day moving average. The outperforming airline name looks poised to keep rolling, especially wit...Read More