"This rule will decrease forum shopping by economic migrants and those who seek to exploit our asylum system to obtain entry to the United States." Continue...Read More
"It Ain't What You Don't Know That Gets You Into Trouble. It's What You Know For Sure That Just Ain't So."Continue...Read More
* Greece to issue seven-year bond "in the near future" * Bankers say it aims to raise about 2 bln euros * Greece could open books on Tuesday, the earliest - sources (Adds details)By Lefteris PapadimasATHENS, July 15 (Reuters) - Greece plans to issue aseven-year bond"in the near future", authorities said onMonday, hoping to take advantage of record- low borrowing costs.The marke...Read More
Ore and alloy prices were stable in most global spot markets in the week ended Friday July 12, with excess supply continuing to put pressure on producers. UG2 ore price, cif China, ticks up; Turkish lumpy ore stable Charge chrome market in China unchanged High-carbon ferro-chrome range ddp Europe widens Ferro-chrome in Japan ticks upward.Falls in the market for chrome ore stalled last week amid su...Read More
The domestic Chinese ferro-silicon price fell by 2.3% week on week on Friday July 12 despite tighter supply, while the European market continued to fall on slow downstream demand. Chinese domestic market dropped 2.3% while the export price was unchanged. Europe market fell by 1.3% on thin demand and reduced offers in the market. US prices were unchanged with a few deals concluded with...Read More
The rationale for the decision and the potential to further improve project economics are explored in a ROTH Capital Partners report. In a July 9 research note, ROTH Capital Partners analyst Jake Sekelsky reported that Great Panther Mining Ltd. (GPR:TSX; GPL:NYSE.American) opted to advance its Coricancha mine in Peru toward a production restart, which is estimated to require $9 million in initial...Read More
The new numbers and their impact on the existing project are presented in a Haywood report. In a July 8 research note, Haywood analyst Geordie Mark reported that Endeavour Mining Corp. (EDV:TSX; EVR:ASX) release an updated resource estimate for its Le Plaque deposit in C?te d'Ivoire.Specifically, Le Plaque's newly calculated resource totals 4.63 million tons (4.63 Mt) containing 476,000 ounces (4...Read More
High-grade manganese ore prices jumped in China for the first time since April because of consumers favoring higher-quality material. High-grade material jumps by 4.8%Low-grade ore rises steadilySilico-manganese prices slide in China but hold in IndiaSilico-manganese prices rise in Europe, USFerro-manganese prices hold in Europe, US High-grade manganese ore prices jumped on Friday July 12 due to i...Read More
This analyst predicts a major market moving event happening as soon as August 13.After nearly 27-years studying the stock market as a hedge fund manager, broker, and analyst, onesenior analyst thought he was prepared for everything Mr. Market threw his way.But last December he got word of a huge market event that's now less than 60 days away.He sent an urgent note to over 75,000 people who, over...Read More
The Dow and S&P extended their winning streaksStocks sailed to record highs out of the gate today, as Wall Street cheered a strong start to earnings season from big bank Citigroup (C). This positive momentum stalled as the session progressed, as caution set in ahead of an onslaught of corporate updates due out this week -- including from blue chips Goldman Sachs (GS), JPMorgan Chase (JPM), and Joh...Read More
The "Deep State" powers at work could threaten the very backbone of American democracy.A new book may have Washington -- and Wall Street -- squirming in the hot seat.According to the newly-released publication, the dangers to the wealth and well-beings of good, hard-working Americans are now greater than ever!Written by a Washington insider since 1970, this book details how the author believes Ame...Read More
ETON is another name making a big move in the healthcare spaceU.S. stocks have pared their gains after hitting record highs earlier. Three names making moves in the meantime are drugmakers Eton Pharmaceuticals Inc (NASDAQ:ETON) and Capricor Therapeutics Inc (NASDAQ:CAPR), as well as gunfire detection specialist Shotspotter Inc (NASDAQ:SSTI). We'll breakdown how ETON, CAPR, and SSTI shares are tra...Read More
BofA-Merrill Lynch downgraded the stock to "underperform" and slashed its target price to $50Beverage concern Molson Coors Brewing Company (NYSE:TAP) was just taken down a few pegs by BofA-Merrill Lynch, which downgraded the stock from a "buy" rating all the way to an "underperform." The analyst slashed its price target, too, to a new street low of$50. The analyst said it didn't trust the company'...Read More
SYMC put options are seeing heavy trading todayEarlier this month, Symantec Corporation (NASDAQ:SYMC) stock was buzzing amid rumors of a potential buyout from semiconductor concern Broadcom (AVGO). Those talks have apparently fizzled today, with CNBC reporting negotiations hitting a snag over Symantec's share price of $28. In response, SYMC is down 15.5% to trade at $21.67, on track for its worst...Read More
The signal also sounded in March 2009The S&P 500 Index (SPX) has been assailingall-time highs, soaring above the round-number 3,000 level for the first time ever last week. However, retail investors have been hesitant to adopt a bullish stance, as evidenced by the latest American Association of Individual Investors (AAII) sentiment poll. In fact, AAII data just triggered a sentiment signal not see...Read More
MSFT is seeing some interesting options activity ahead of earningsMicrosoft Corporation (NASDAQ:MSFT) topped out at a record high of $139.54 earlier, and while it was last seen 0.1% lower at $138.74, the software giant is still holding above the one-trillion-dollar market cap level. MSFT will stay in focus this week, with earnings due after the close this Thursday, July 18, and while call options...Read More
By signaling a move toward easing, Powell has made ready to cushion the U.S. against an economic slowdown that has been gathering force around the world. Although it is never wise to fight the Fed, we should be very guarded this time, scanning the horizon for signs of monetary-policy fissures. They are not likely to be obvious right away, since loosening will initially have a bullish impact on...Read More
The big-cap pharma name will report earnings bright and early tomorrow morningJohnson & Johnson (NYSE:JNJ) and the state of Oklahoma are set to wrap up a trial today in a case that accused the pharmaceutical firm of being a "kingpin" in the opioid epidemic by downplaying the addictive risks of painkillers. The company's legal troubles are far from over, however, with Bloomberg reporting last week...Read More
Macy's stock has been seeing long-term pressure at its 70-day moving averageShares of retail giant Macy's Inc (NYSE:M) are modestly higher this afternoon, last seen up 0.5%, at $22.02. Despite today's lift, the security has struggled on the charts long term, steadily falling since touching an annual high of $41.99 last August. Just over a week off its most recent annual low, the shares have shed...Read More
If you are bullish on gold prices right now, you are running with the crowd. That is perfectly fine, unless the crowd is running in the wrong direction. Or, maybe the race hasn’t started yet.With all of the talk about fundamentals for gold, it would be nice if someone could set their emotions aside and look at some facts that might bring some clarity to the subject.Nearly every recent articl...Read More