Mining Journal takes the pulse of leading brokers on the big four London-listed diversifiedsRead full newsRead More
Call open interest is at a 52-week high on CVS CVS Health Corp (NYSE:CVS) has been getting wrecked this year. The stock began its descent back in December, shortly after touching a 52-week high of $82.15, and then it suffered a massive post-earnings bear gap last month, and has continued to slide. In fact, CVS shares closed at their lowest point in over five years yesterday, settling at $54.96. At...Read More
The 2018 trade deficit rose to a 10-year highDow Jones Industrial Average (DJI) futures are below fair value this morning, as Wall Street awaits updates on U.S.-China trade talks. A Bloomberg report indicated President Donald Trump is pressuring officials in Washington to reach a deal soon in the hopes of boosting the stock market. Investors are also digesting the latest ADP employment report, whi...Read More
The current bull market rally turns 10 years old this weekExactly 10 years ago today, the S&P 500 Index (SPX) hit its lowest point of the financial crisis. The index has quadrupled since then. On an annualized basis, the S&P 500 has gained 15% per year over the past 10 years, which has only happened a few other times (we have S&P 500 data since 1929). Looking at the chart below, 15% for 10 years i...Read More
The average analyst price target looks way too high on PXD stockPioneer Natural Resources (NYSE:PXD) has been in a long-term downtrend since peaking above $210 in May. While the security has bounced from its late-December lows, it's run into a potential wall in the form of its 80-day moving average, which could smack PXD even lower. On the fundamental front, the company is in a transition period,...Read More
Dollar's recent climb is putting pressure on gold prices.Eurozone weakness is also adding to metal's short-term weakness.Improved emerging markets outlook should eventually bail gold out.A counter-trend rally in the U.S. dollar index is providing a headwind for gold and will likely keep the metal range-bound below its recent high for a few weeks. In today's report we'll review the factors...Read More
A free tool can help traders bank big during the upcoming earnings season. Too many investors let their portfolios slip during the busy holiday season, but this is a huge mistake... especially with the market moving events just around the corner!With the crazy market action investors have been seeing lately, right now is the time to prepare to bank big wins.It's important for investors to positio...Read More
The Global Mineral Professionals Alliance (GMPA) announced the launch of the Global Action on Tailings initiative, aimed at dealing with the challenges around mine waste, particularly tailings.The GMPA is an organization comprised of the Australasian Institute of Mining and Metallurgy; the Canadian Institute of Mining, Metallurgy and Petroleum; the Peruvian Institute of Mining Engineers; the Insti...Read More
The Global Mineral Professionals Alliance (GMPA) announced the launch of the Global Action on Tailings initiative, aimed at dealing with the challenges around mine waste, particularly tailings.The GMPA is an organization comprised of the Australasian Institute of Mining and Metallurgy; the Canadian Institute of Mining, Metallurgy and Petroleum; the Peruvian Institute of Mining Engineers; the Insti...Read More
Troubadour Resources (TSXV: TR) announced that it signed a letter of intent with Surespan and its wholly-owned subsidiary Privateer Gold to obtain an option to acquire all of the issued and outstanding shares of Privateer Gold.Privateer Gold is the owner of the Surespan gold property, which is made up of crown granted mineral claims and mineral tenures that cover approximately 13 square kilometres...Read More
Troubadour Resources (TSXV: TR) announced that it signed a letter of intent with Surespan and its wholly-owned subsidiary Privateer Gold to obtain an option to acquire all of the issued and outstanding shares of Privateer Gold.Privateer Gold is the owner of the Surespan gold property, which is made up of crown granted mineral claims and mineral tenures that cover approximately 13 square kilometres...Read More
Troubadour Resources (TSXV: TR) announced that it signed a letter of intent with Surespan and its wholly-owned subsidiary Privateer Gold to obtain an option to acquire all of the issued and outstanding shares of Privateer Gold.Privateer Gold is the owner of the Surespan gold property, which is made up of crown granted mineral claims and mineral tenures that cover approximately 13 square kilometres...Read More
* GRAPHIC-2019 asset returns: (Updates with closing prices)By Eric OnstadLONDON, March 6 (Reuters) - Aluminium and other industrialmetals drifted lower on Wednesday as investors awaited moresigns on whether demand in top metals consumer China wouldrebound after the Lunar New Year.So far, signs of metal demand in China have been lacklustre,with rising inventories in the world's second-largest econo...Read More
A crazy Friday in the gold market - nothing new.A bullish trend since August - markets rarely move in a straight line.Gold needs to find a higher low.Buying the dip in gold tends to be preferable to buying a rally.Get more aggressive with leveraged products on price weakness.Gold provided market participants with a reminder that the yellow metal loves to crawl higher and tumble lower during price...Read More
How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More
Vancouver, British Columbia March 6, 2019 - FinCanna Capital Corp. ("FinCanna") (CSE: CALI) (OTCQB: FNNZF) a royalty company for the U.S. licensed medical cannabis industry announces that it has received US$3.9 million as partial repayment of an outstanding secured loan from Cultivation Technologies Inc. ("CTI"). These funds were generated from the sale of CTI's Coachella property as initially ann...Read More
VALLEJO - Richard and Krissy Hiteshew opened the doors to their own business 23 years ago on Valentine's Day.The idea to run his own business came to Richard Hiteshew after working for a company that didn't really fit with what he wanted for his life."My daughter had a birthday aRead full newsRead More
Published 23 Hours AgoUpdated6 Hours AgoReuters Getty ImagesGold bullion bars and coins.Gold steadied on Wednesday just above a five-week low touched in the last session as the dollar retreated slightly and stocks edged lower, with investors awaiting further signals on the health of the global economy.Spot gold was down 0.11 percent at $1,285.70 per ounce as of 2:09 p.m. ET, trading in a narrow...Read More
"$DLR - Digital Realty Trust, Inc. (DLR) Management Presents at Raymond James 40th Annual Institutional Investors Conference (Transcript) https://t.co/5864YrlDlB"Read full newsRead More
MEXICO CITY (AP) - Mexican President Andres Manuel Lopez Obrador says he's cancelling a gold mining project in Baja California Sur state over concerns about water supplies.Read full newsRead More