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Options Traders Reach For Calls as BABA Stock Booms

March 04, 2019 / www.schaeffersresearch.com

The ecommerce company just announced its partnership with Office Depot The shares of Alibaba Group Holding Ltd (NYSE:BABA) are extending their rally today -- up 0.9% at $185.46, at last check -- in the wake of BABA's partnership with Office Depot (ODP). The two companies plan to launch a co-branded website specializing in online sales to small- and medium-sized U.S. businesses. The Chinese e-comm...Read More

Gold Analysis: Support at 1276/1264, resistance at 1298/1300 [Video]

March 04, 2019 / www.fxstreet.com

Has gold broken decisively down?   Risk Warning for Financial Promotions Hantec Markets' various market reports and commentary are issued by Hantec Markets Limited, who is authorised and regulated by the Financial Conduct Authority (FCA) in the UK, No. 502635. The reports are prepared and distributed for information purposes only. Trading in Foreign Exchange (FX), Bullion and Co...Read More

Star Diamond shares soar as study reveals 'unusually high' amount of high-value stones

March 04, 2019 / www.mining.com

Investors flocked to Canada's Star Diamond Corporation (TSX:DIAM) on Monday after the company said its Saskatchewan-based project had an "unusually high" large quantity of high-value and large rough stones.A recent study has confirmed that about 27% of the diamonds at the company's Orion South and Star exploration sites are type IIa, a category that represents less than 2% of all rough stones mine...Read More

Star Diamond shares soar as study reveals 'unusually high' amount of high-value stones

March 04, 2019 / www.mining.com

Investors flocked to Canada's Star Diamond Corporation (TSX:DIAM) on Monday after the company said its Saskatchewan-based project had an "unusually high" large quantity of high-value and large rough stones.A recent study has confirmed that about 27% of the diamonds at the company's Orion South and Star exploration sites are type IIa, a category that represents less than 2% of all rough stones mine...Read More

Star Diamond shares soar as study reveals 'unusually high' amount of high-value stones

March 04, 2019 / www.mining.com

Investors flocked to Canada's Star Diamond Corporation (TSX:DIAM) on Monday after the company said its Saskatchewan-based project had an "unusually high" large quantity of high-value and large rough stones.A recent study has confirmed that about 27% of the diamonds at the company's Orion South and Star exploration sites are type IIa, a category that represents less than 2% of all rough stones mine...Read More

.@RedPineExpl Intersects High-Grade #Gold in the Jubilee Shear Zone

March 04, 2019 / bit.ly

Red Pine Exploration Inc. (TSXV:RPX) (Read full newsRead More

Man Who Issued 2008 Warning Urging Investors to Act Now

March 04, 2019 / www.schaeffersresearch.com

The time to invest is now, according to one economist.The man who warned of the 2001 tech crash, the 2008 subprime financial disaster and oil's shocking fall in 2016 - years before they happened - has issued a new earth-shattering statement:"Right now, the markets are giving investors a critical window to rapidly boost their retirement savings before the greatest stock market crash in American his...Read More

Gold Tumbles Below an Uptrend Line

March 04, 2019 / www.fxstreet.com

Gold entered a tumbling mode last week, and on Thursday, it dipped below the uptrend line drawn from the low of November 13th, as well as below the support (turned into resistance) barrier of 1317. The free fall accelerated on Friday, with the price eventually finding support near the 1290 level just an hour ahead of the close. Today, gold opened with a positive gap, traded slightly higher for a w...Read More

Stocks Reverse Early Gains on Construction Spending Data

March 04, 2019 / www.schaeffersresearch.com

The tech sector is also weighing heavyU.S. stocks were higher out of the gate, amid optimism overU.S.-China trade talks. However, the major market indexes have reversed early gains, falling as investors digest the latest economic data, including the Commerce Department's report that construction spending unexpectedly slid 0.6% in December. As such, the Dow Jones Industrial Average (DJI) is down tr...Read More

Sell Signal Flashes Ahead of Urban Outfitters Earnings

March 04, 2019 / www.schaeffersresearch.com

URBN just ran up to a trendline with historically bearish implicationsUrban Outfitters, Inc. (NASDAQ:URBN) is ready to step into the earnings confessional, set for its fourth-quarter report after the market closes this Tuesday, March 5. Ahead of the event, URBN is trading near a trendline that has historically bearish implications.More specifically, Urban Outfitters stock closed Friday within str...Read More

Australia's gold production hits new record high

March 04, 2019 / www.mining.com

Australia's gold production hit an all-time high of 317 tonnes in 2018, breaking the previous record of 314.5 tonnes, which stood for 21 years, consultancy Surbiton Associates says.In the third quarter that ended Sept. 30, the country's gold output totalled 81 tonnes, making it the third consecutive quarter where it exceeded 80 tonnes, they say in their latest report.The country's gold production...Read More

Australia's gold production hits new record high

March 04, 2019 / www.mining.com

Australia's gold production hit an all-time high of 317 tonnes in 2018, breaking the previous record of 314.5 tonnes, which stood for 21 years, consultancy Surbiton Associates says.In the third quarter that ended Sept. 30, the country's gold output totalled 81 tonnes, making it the third consecutive quarter where it exceeded 80 tonnes, they say in their latest report.The country's gold production...Read More

Australia's gold production hits new record high

March 04, 2019 / www.mining.com

Australia's gold production hit an all-time high of 317 tonnes in 2018, breaking the previous record of 314.5 tonnes, which stood for 21 years, consultancy Surbiton Associates says.In the third quarter that ended Sept. 30, the country's gold output totalled 81 tonnes, making it the third consecutive quarter where it exceeded 80 tonnes, they say in their latest report.The country's gold production...Read More

Australia's gold production hits new record high

March 04, 2019 / www.mining.com

Australia's gold production hit an all-time high of 317 tonnes in 2018, breaking the previous record of 314.5 tonnes, which stood for 21 years, consultancy Surbiton Associates says.In the third quarter that ended Sept. 30, the country's gold output totalled 81 tonnes, making it the third consecutive quarter where it exceeded 80 tonnes, they say in their latest report.The country's gold production...Read More

Bed Bath & Beyond Downgrade Attracts Option Bears

March 04, 2019 / www.schaeffersresearch.com

Barclays cut BBBY to "underweight" from "equal weight"Bed Bath & Beyond Inc. (NASDAQ:BBBY) stock is in the red today, after Barclays downgraded the retailer to "underweight" from "equal weight." The analyst also trimmed its price target to $13 from $15, and cut its earnings-per-share estimates for this year and next. The brokerage firm said it has been "increasingly disappointed" with Bed Bath & B...Read More

The Future of the Trillion-Dollar "Green Tech" Movement

March 04, 2019 / www.schaeffersresearch.com

As more millennials are interestedin sustainable investments, one "green tech" company is leading the charge on clean drilling.Concerns about climate change and the high cost of energy have driven the maturation of the "Green Technology" movement into a trillion-dollar industry.Socially Responsible Investments (SRIs) are the most popular component of the average millennial's 401K, according to a r...Read More

Largest gold ETF shrinks most in a year as trade tensions ease

March 04, 2019 / www.mining.com

Investors are pulling cash from the world's largest gold exchange-traded fund at the fastest pace in more than a year as easing trade tensions push buyers out of safe-haven assets.The $33 billion SPDR Gold Shares ETF, or GLD, saw a net withdrawal of $496 million on Friday, the most in a single day since February 2018. That pushed the five-day total to $720 million, marking the fourth consecutive w...Read More

Nasdaq on Hottest Streak Since Dot-Com Boom

March 04, 2019 / www.schaeffersresearch.com

The index just wrapped up a 10th straight weekly gainWe recently analyzed Dow performance after lengthy weekly win streaks, but what about the Nasdaq Composite (IXIC)? The tech-rich Nasdaq just wrapped up its longest weekly win streak this side of the millennium. Below is how the index has performed after similar feats of strength, and what we might expect for Nasdaq stocks this spring and beyond....Read More

New Highs for Office Depot Stock After Alibaba Alliance

March 04, 2019 / www.schaeffersresearch.com

ODP has added 74% since its late-December bottomOffice Depot Inc (NASDAQ:ODP) is up 1.7% to trade at $3.62, and earlier tapped a new annual high of $3.82, after the office supply retailer announced a partnership with Chinese e-commerce giant Alibaba (BABA). The two will co-launch a website focused on helping small- and medium-sized U.S. businesses.Office Depot stock is set to close at its highest...Read More

Enbridge pipeline delay punishes oil sands producers' shares

March 04, 2019 / www.mining.com

The delay to Enbridge Inc.'s Line 3 crude oil pipeline expansion hammered shares of Canadian oil-sands producers - including Cenovus Energy Inc., MEG Energy Corp. and Canadian Natural Resources Ltd. - as investors grappled with the prospect of another year of shipping bottlenecks.Cenovus fell as much as 7.5 percent in Toronto, and Canadian Natural slipped as much as 6.5 percent, the biggest intrad...Read More

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