"Over the past few weeks we have witnessed the emergence of a previously unknown pathogen that has [resulted in] an unprecedented outbreak." "We must act together now to limit the spread." Continue...Read More

The Centers for Disease Control and Prevention and Illinois public health officials said Thursday the first person-to-person transmission of the coronavirus in the United States has been confirmed. Continue...Read More

Gold prices have been consolidating for a few months already, and the next breakout could take prices to 2011 highs of $1,923, this according to Peter Reznicek, head trader at shadowtrader.net."For me, the target just has to be the prior all-time high in 2011. I'm just looking at the $1,923 level, that would be fine, and then reassess the situation from there," Reznicek told Kitco News.Read More

While investment demand rose to record levels last year, physical demand sharply declined to a nearly 10-year lowContinue...Read More

Preliminary findings show the presence of sulphides at depth on the property. Newrange Gold Corp. (NRG:TSX.V; NRGOF:OTC) announced in a news release that the now completed induced polarization and resistivity (IP) survey at its Pamlico project in western Nevada detected "several strong and well-defined anomalies.""The preliminary results of the IP survey are extremely encouraging as they are inte...Read More

The China Council for the Promotion of International Trade is offering "force majeure certificates" to businesses in China affected by the outbreak of the Wuhan novel coronavirus."Businesses that have failed to perform on contracts on time, or fails to fulfil any international trade contract can apply to the council for a certificate," it said on its website.The move is to safeguard the rights and...Read More

The company makes the changes to manage its "broad and responsible approach to advancing projects with community support." Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced in a news release it has "expanded the responsibilities and scope of its environmental and permitting team in response to the growing importance and complexity of earning and maintaining the social licence to build and oper...Read More

Facebook carved out a heavy day for stocksU.S. stocks just barely shook free of the lasting coronavirus headwinds today, with all three major indexes seeing a quick recovery into the black during the last hour of trading. Earnings also remained in focus, as Facebook (FB) weighed heavy on the tech sector and S&P 500. Paring some of today's afternoon losses were well-received reports from Coca-Cola...Read More

The stock has been in cool-down mode since hitting fresh highs earlier this month Makeup manufacturer Estee Lauder Companies Inc (NYSE:EL) has been in cool-down mode since hitting an all-time peak just north of the $220 region on Jan. 17, thanks in part to a post-earnings bear gap that left the equity trading right below the $200 level. Fortunately for EL, though, familiar support at the 160-day m...Read More

HYG has pulled back to a notable trendlineWe've been gauging the recent pullback in stocks that's come mostly at the hands of the coronavirus outbreak. The Dow Jones Industrial Average (DJI) is pacing for a nearly 200-point drop today, eyeing a second straight weekly loss, but from one perspective this pullback could be an entry point for bulls.For instance,Schaeffer's Senior Options Strategist Br...Read More

Oil prices are also suffering heavy lossesThe Dow Jones Industrial Average (DJI) continues to move lower today, as coronavirus headwinds linger on Wall Street. A number of big-name earnings releases remain in focus, too, including Facebook's (FB), which has the social media giant as one of the worst S&P 500 Index (SPX) stocks on the day. Meanwhile, oil prices are falling alongside equities, with...Read More

The ride share company laid off 90 employees in an effort to achieve profitability by 2021Ride share giant Lyft Inc (NASDAQ:LYFT) announced last evening that it will be laying off 90 employees -- about 2% of its workforce -- in an effort to restructure some of their sales and marketing teams and achieve profitability by next year. The stock is struggling for direction this morning, up 0.3% at $46....Read More

KO is enjoying the aftermath of its knock-out earnings reportBeverage powerhouse and Dow stock Coca-Cola Co (NYSE:KO) is enjoying a nice 2.9% post-earnings lift this morning, last seen trading neara fresh record high of $58.63. The company reported a better-than-expected fourth-quarter earnings and revenue beat, as well as topline growth after an increase in demand for its signature brand and Fuz...Read More

Traders were buying LRCX puts before the eventThe broader stock market is under pressure today, but the shares of semiconductor processing equipment specialist Lam Research Corporation (NASDAQ:LRCX) are outperforming in a big way thanks to the company's earnings release last evening. LRCX stock is trading 6.7% higher at $318.41, already tapping a fresh record peak of $319, thanks to an earnings b...Read More

Earnings and coronavirus news are in focusDow Jones Industrial Average (DJI) futures are trading below fair value this morning despite a mostly strong round of corporate earnings, with blue chips Microsoft (MSFT) and Coca-Cola (KO) headlining the winners with their pre-market gains. On the bearish side, traders are monitoring a sharp post-earnings pullback in Facebook (FB) shares, while fellow tec...Read More

Verizon posted a profit miss Blue chip name and mobile provider Verizon Communications Inc. (NYSE:VZ) is set to slide lower today, down 1.3% before the open after stepping into the earnings confessional with mixed results. Specifically, the firm reported fourth-quarter revenue of $34.7 billion --which exceeded analysts' expectations -- and better-than-expected subscriber growth. However, its adjus...Read More

Heavy rainfall in the Brazilian southeastern state of Minas Gerais has caused interruptions for some railway operators transporting iron ore for exports, but the impact has been minimal, companies told Fastmarkets on Wednesday January 29.January 2020 has had the highest rainfall rate in 110 years, the Minas Gerais' state governor office said on Wednesday. Vale, the world's largest iron ore pr...Read More

AMD was overdue for bull notes anywayChip name Advanced Micro Devices, Inc. (NASDAQ:AMD) took its turn in the earnings confessional this morning, and the results were all over the place. The company reported adjusted fourth-quarter earnings of 32 cents per share on $2.13 billion in revenue, both of which topped analyst estimates. However, AMD's revenue forecast for the first quarter came in well...Read More

Disney will enter the earnings confessional on Tuesday Next week will check off another week of earnings season, with even more big names on the docket. Most notably will be blue chip and streaming service newcomer Walt Disney (DIS), while several big tech names including Alphabet (GOOG), Spotify (SPOT), Snap (SNAP), Uber (UBER), and Pinterest (PINS) will also undoubtedly be in the spotlight. On t...Read More

By: Gary SavageGold traders can be too emotional and unless they can find a way to change that, they will not find success in the investment business.$GDX's big picture, resistance around 32 area. Bullion banks are heavily short and lost control of gold..https://blog.smartmoneytrackerpremium.com/Read More