You would think that the Democrats would have learned from the Clinton Impeachment that the people do not support such nonsense. The Democrats haveContinue...Read More
"For too long, Russian doping has detracted from clean sport...The blatant breach by the Russian authorities of RUSADA's reinstatement conditions...demanded a robust response. That is exactly what Continue...Read More
Trump has decided to enforce food stamp rules, everywhere, not Just Illinois. But Illinois provides the lesson.Continue...Read More
"He served our Nation with great distinction as Chair of the Federal Reserve among other important positions, steering our country through challenging economic times more than once. Mr. Volcker was admired Continue...Read More
Greg is ready to make another bold call on the precious metals, having nailed previous moves in both gold and silver perfectly right here on this podcast earlier this year. Greg also tells us why he believes the trade deal with China is keeping many Americans hopelessly distracted about the real issues in the economy - and why a deal there will simply not be enough to keep the economy going strong...Read More
As long as the monetary base keeps growing, gold prices will keep rising, says E.B. Tucker, director of Metalla Royalty & Streaming. "The [monetary base] is never going to go down," he said. "Gold is not a way to speculate and make a big profit, it's a way to protect your wealth. It's wealth insurance."Read More
China's domestic rebar prices picked up on Monday December 9 amid rising iron ore and coke futures.Eastern China (Shanghai): 3,900-3,930 yuan ($554-558) per tonne, up 30 yuan per tonneNorthern China (Beijing): 3,640-3,680 yuan per tonne, up 10 yuan per tonneThe Dalian Commodity Exchange launched iron ore options during the day, which stimulated trading activity for the steelmaking raw materials' f...Read More
The two companies are advancing adjoining projects in the Yukon. Copper tubes.Granite Creek Copper Ltd. (GCX:TSX.V) closed its purchase of 30% of Copper North Mining, it announced in a news release. "We are pleased to have completed the acquisition which we believe will be accretive for both companies due to their adjoining claim blocks which share many synergies, including common geology, infras...Read More
The Dow lost 105 points, snapping its three-day win streak on MondayThe Dow kicked off the week with a triple-digit drop, snapping its three-day win streak. Apple (AAPL) dragged on the blue-chip index, as investors turned cautious ahead of a new round of U.S. tariffs on Chinese goods set to go into effect this Sunday, Dec. 15. Losses were contained, though, following comments from China's Assistan...Read More
Exxon Mobil and Schlumberger just ran into historically bearish trendlinesTwo oil stocks that have been fighting to stay atop their year-to-date breakeven levels lately are blue chip Exxon Mobil Corporation (NYSE:XOM) and Schlumberger Limited (NYSE:SLB), which are up 1.7% and 2.1% for the year, respectively. These marginal gains could be short lived, however, since bearish technical signals are fl...Read More
Peloton shares are seeking a second straight winPeloton Interactive Inc (NASDAQ:PTON) shares are trading up 5.8% at $34.51, bouncing back from a recent pullback that was caused by the company's highly scrutinized holiday ad. After dropping three in a row following the Dec. 12 peak of $37.02, the shares are set for a second straight win today after opening back above their 10-day moving average. Op...Read More
We are taking a look at three stocks with extremely active options The 20 stocks listed in the table below have attracted the highest weekly options volume during the past 10 trading days. Data is courtesy of Schaeffer's Senior Quantitative Analyst Rocky White. Stocks highlighted in yellow are new to the list, including controversial airliner Boeing Co (NYSE:BA), which saw its price target cut to...Read More
MRK is fresh off a 19-year high from FridayDrugmaker and blue chip Merck & Co, Inc. (NYSE:MRK) made a splash on the M&A front this morning, after acquiring Massachusetts-based cancer drug developer ArQule (ARQL) for $2.7 billion cash, or $20 per share. The deal implies a premium of 107% based on ARQL's Friday close of $9.66. Analysts have been quick to comment, with Cantor Fitzgerald calling it...Read More
Sangamo announced promising results for its phase 1/2 study in its gene-editing treatment ST-400The shares of Sangamo Therapeutics Inc (NASDAQ:SGMO) are eyeing a three-month high of $12.25 today, up 5.1% at last check, after the firmshared promising results for its gene-editingtherapy ST-400. Specifically, the first three of the six patients tested in trials showed signs of prompt hematopoietic re...Read More
A FDX put option could triple in the coming monthAs the holiday season hits full swing, shipping giant FedEx Corporation (NYSE:FDX) always comes into greater focus. It's looking like it could be a tough holiday season for FDX, with the stock running up to a trendline that has historically bearish implications. More specifically, FedEx stock has rallied right up to resistance at its 160-day moving...Read More
The VIX is moving higher todayThe Dow Jones Industrial Average (DJI) is modestly lower today, as traders take a wait-and-see approach ahead of this week's Fed meeting. Headlines around a U.S.-China trade deal are also in focus, with the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) last seen lingering near breakeven as well. Despite the tepid price action, a sharp move higher in the Cboe Volatil...Read More
Short interest on Activision Blizzard is at a 3-year highVideo game stock Activision Blizzard, Inc. (NASDAQ:ATVI) has managed to post a roughly 19% year-to-date gain, despite spending most of the year moving sideways, with most of the gains coming from a late-August rise. Since then, the shares have been mostly trading around the $55 area, while an earnings pullback a month ago found strong suppor...Read More
TJX has added more than 30% in 2019Shares of TJX Companies Inc (NYSE:TJX) are up 0.4% at $60.07 this morning, buzzing off a fresh price-target hike out of Cowen and Company to $71 from $64. Analyst John Kernan said the TJ Maxx parent's "impressive" new store format shows better enhancements to the consumer experience, including lighting, flooring, and shelving, with 400 stores to debut in the co...Read More
The Fed will kick off its two-day meeting tomorrowAfter markets made a frenzied push higher on Friday, stock futures appear unable to carry over the momentum into the new week. Dow Jones Industrial Average (DJI),S&P 500 Index (SPX), and Nasdaq-100 Index (NDX) futures are all signaling negative opens, as focus shifts back to the U.S.-China trade talks ahead of the Dec. 15 deadline for the Trump a...Read More
U.S.-China trade headlines sparked a surge in Wall Street's "fear gauge" last week"...this VIX floor in the 12 region poses upside volatility risk, which equity market bulls should continue to take into account. A potential bullish scenario is the VIX continuing to work higher amid little to no damage in the equity market, giving it room to work its way lower back to 12 amid a breakout from a rang...Read More