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Young Company Plans to Bring Mexican Gold Deposit to Market in Two Years

December 09, 2019 / www.theaureport.com

Andrew Bowering, president of Prime Mining, talks with Maurice Jackson of Proven and Probable about his company's plans to fast track its gold project. Maurice Jackson: Joining us for conversation is Andrew Bowering, the president, director and CEO of Prime Mining Corp. (PRYM:TSX.V). Glad to have you on the program to share the value proposition before us in Prime Mining, which is an advanced sta...Read More

China Appears To Be Ending Xinjiang Concentration Camps

December 09, 2019 / marketsanity.com

In response to global outpouring of anger as well as last week's House Bill sanctioning Chinese officials,the regional governor of China's infamous Xinjiang region said the people held in Continue...Read More

The IG Report Is a Huge Blow to the FBI's Credibility. Why Is It Being Treated Like Vindication?

December 09, 2019 / marketsanity.com

The government's surveillance of Carter Page might not have been improperly motivated, but it was still seriously flawed.Continue...Read More

Dow Drifts Lower as Trade Deadline Looms

December 10, 2019 / www.schaeffersresearch.com

Stocks struggled to gain momentum todayThe Dow explored a 145-point trading range today, before settling south of breakeven, as Wall Street proceeded with caution ahead the Dec. 15 deadline when the U.S. is expected to lift tariffs on some Chinese goods. A report from The Wall Street Journal indicated that these looming tariffs could be delayed, even as separate headlines suggested a phase-one tra...Read More

Broadcom Stock Set to Close Huge Decade Near Record Highs

December 10, 2019 / www.schaeffersresearch.com

AVGO was one of the best S&P stocks in the past 10 yearsBroadcom Inc (NASDAQ:AVGO) just received a price-target hike to $345 from $330 from Piper Jaffray, representing 9.5% upside from the current price of $314.98. This also stands in record-high territory for AVGO shares, which peaked at $325.67 back on Nov. 19. And with the decade about to come to the close, we looked back even further, and noti...Read More

Signal Says Drug Stock Not Done Climbing

December 10, 2019 / www.schaeffersresearch.com

The drug stock is ripe for a short squeeze, tooIt's been a hot start to December for Immunomedics, Inc. (NASDAQ:IMMU). The pharmaceutical stock is up 11.5% already this month, and earlier today nabbed a fresh annual high of $21.49. Heading into the new year, IMMU shows no signs of slowing down, especially after flashing a reliable "buy" signal.More specifically, the stock's new high today comes am...Read More

Call Buyers Active as Comcast Tests Key Trendline

December 10, 2019 / www.schaeffersresearch.com

Options bulls have blasted CMCSA stock in recent weeksComcast Corporation (NASDAQ:CMCSA) stock is trading down 2% at $43.04, after the media giant said it plans on committing $2 billion to content and marketing spending over the next two years for its new Peacock streaming service. The Netflix (NFLX) rival's streaming service will launch in April, with more details expected in mid-January.This dro...Read More

Analytics Name Set to Surge Even Higher

December 10, 2019 / www.schaeffersresearch.com

INFO has added almost 54% in 2019Information and analysis services stock IHS Markit Ltd (NYSE:INFO) has been an outperformer on the charts. Long-term support from the 50-day moving average has the shares up 53.7% year-to-date, and fresh of their 11th straight monthly gain. With this steady support in place, now is a prime time to buy calls. Digging deeper, short interest has surged 111% from its M...Read More

Dow Flat Again as Trade Buzz Does Nothing for Stocks

December 10, 2019 / www.schaeffersresearch.com

Traders are shrugging off this morning's trade "update"It's another day of weak price action for stocks on Wall Street, with traders mostly holding tight ahead of tomorrow's Fed decision. Ahead of the opening bell, it looked as though apparent headway in U.S.-China trade relations could lift stocks, but the risk-off sentiment has remained. The Dow Jones Industrial Average (DJI) and S&P 500 Index (...Read More

Put Volume Pops After New Netflix Downgrade

December 10, 2019 / www.schaeffersresearch.com

Needham is the latest analyst to issue a bear note on NFLXStreaming giant Netflix Inc (NASDAQ:NFLX) is struggling this morning, 2% lower at $296.43, after becoming the subject of one of Needham's latest bear notes. Analyst Laura Martin downgraded the equity to "underperform" from "hold," saying increased competition from rival streaming services could force a loss of around 4 million premium U.S...Read More

The New Round Number We're Watching on NDX

December 10, 2019 / www.schaeffersresearch.com

Tech has put in a strong performance in 2019The technical backdrop for U.S. stocks has been positive for most of 2019. The Nasdaq Composite (IXIC) has outpaced the Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) on a monthly basis for a majority of the year, and is currently up 30.5% since its Dec. 31 close, compared to a 20% gain for the Dow, and a 25.5% gain for the S&P over that same...Read More

Lumber is about to rally and how to play it with this ETF / Commodities / Lumber

December 10, 2019 / www.marketoracle.co.uk

WOOD, one of the Ishares ETF symbols related to the Real Estate and Construction sectors may become the next hottest instrument for skilled technical traders.  Over the past three years, Wood has rallied over 110% between a $40 to $84 range and the trading volume of WOOD has been relatively consistent near an average of about 140k shares per week.  Let’s dig into the opportunities...Read More

Calls, Bull Notes Galore For Stitch Fix Stock After Earnings

December 10, 2019 / www.schaeffersresearch.com

SFIX is heading trading at its highest level since late JulyA big earnings winner this morning is Stitch Fix Inc (NASDAQ:SFIX), after the e-tailer broke even for its fiscal first quarter, toppling the estimated loss of 6 cents per share. Revenue and active clients also topped expectations, prompting six price-target hikes already, the highest coming from SunTrust Robinson to $38 from $36. J.P. Mo...Read More

LULU Stock Inches Higher After COO Departure

December 10, 2019 / www.schaeffersresearch.com

Lululemon Athletica's COO just accepted a position as CEO of travel company Away It was announced yesterday evening that the chief operating officer (COO) of athleisure company Lululemon Athletica Inc (NASDAQ:LULU), Stuart Haselden, will be leaving the firm to join privately owned luggage maker Away as its CEO, effective Jan. 10. The stock is up 0.7% at $232.50, at last check.This announcement com...Read More

Technical Scoop: Whipsaw week, tariff spook, gangbuster payroll, reinversion warning, repo mystery, Q warning

December 10, 2019 / news.goldseek.com

"Smoot and Hawley ginned up The Tariff Act of 1930 to get America back to work after the Stock Market Crash of '29. Instead, it destroyed trade so effectively that by 1932, American exports to Europe were just a third of what they had been in 1929. World trade fell two-thirds as other nations retaliated. Jobs evaporated." Elaine Chao, American politician, U.S. Secretary of Transportation 2017-,...Read More

Precious Metals Update Video: Goldman Sachs talking about $1,600

December 10, 2019 / news.goldseek.com

By: Ira EpsteinGold is near a seasonal bump to the upside. $1,459.80 would be a negative turn in short-term picture. Downside bias but swingline just below..Read More

Asian Metals Market Update: Dec-10-2019

December 10, 2019 / news.goldseek.com

Traders just booked profit in short positions in gold and silver. They are sitting on cash at the moment. News will be the key. Trade deal with China is not signed yet. I will not rule out further escalation of trade war with China as US economic numbers have beaten Chinese in November. Trump is at an advantage (with China) on the trade war in the short term. Trade war will be pain for every nat...Read More

3 Restaurant Stocks RBC is Bullish On

December 10, 2019 / www.schaeffersresearch.com

MCD, DPZ, and SBUX all received "outperform" designationsBrokerage firm RBC last night began coverage on a number of restaurant stocks, including taking bullish outlooks on big names McDonald's Corp (NYSE:MCD), Domino's Pizza, Inc. (NYSE:DPZ), and Starbucks Corporation (NASDAQ:SBUX). Let's take a quick look at the details around the stocks, and how they're trading this morning.For blue chip MCD, R...Read More

China's daily crude steel output dips in late November

December 11, 2019 / www.metalbulletin.com

Major Chinese steelmakers' daily crude steel output dropped in late November, according to data released by the China Iron & Steel Association (Cisa) on Tuesday December 10.Daily crude steel output November 21-30:...Read More

Stock Futures Pivot Higher Amid Tariff Delay Reports

December 10, 2019 / www.schaeffersresearch.com

The Fed's final meeting of 2019 will kick off later todayAfter markets snapped a three-day win streak yesterday, stock futures are reacting to a slew of trade-related headlines this morning. Dow Jones Industrial Average (DJI) futures were initially off triple-digits after the South China Morning Post suggested the chances of a U.S.-China trade deal this week are slim. However, futures quickly t...Read More

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