Red Pine Exploration Inc. (TSXV:RPX) (Read full newsRead More
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 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
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
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 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 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 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 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
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
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
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
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
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
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
Three-year approval to benefit Mount Milligan operationRead full newsRead More
The equity has skyrocketed 66% out of the gate todayThe shares of Ascendis Pharma (NASDAQ:ASND) are up 66% at $114.96 this morning, after the company's pediatric growth-hormone drug, TransCon, succeeded in meeting the main goal of a late-stage trial. The win has ASND trading at record highs, and pacing for its best day ever.Prior to today's rally, the stock was up 10.6% year-to-date, and was strug...Read More
The biotech ETF finally conquered its 200-day moving average last weekThe technical breakout last week in the SPDR S&P Biotech ETF (XBI) was remarkable, by any number of measures. After a 3% opening gap to start Monday's session, the small-cap biotech-focused exchange-traded fund (ETF) went on to close above its 200-day moving average for the first time since Oct. 3, 2018. And then, to drive home...Read More
The shares are higher today on a positive drug developmentThe shares of Clovis Oncology Inc (NASDAQ:CLVS) are up 1.3% in electronic trading, on news the pharmaceutical firm's ovarian cancer treatment, rucaparib, is now available in Germany for women with relapsed ovarian cancer. CLVS also plans to launch the drug in other European countries later this year and in 2020.It's already been a blowout s...Read More
Amazon has been consolidating on the charts so far this calendar year, but analysts see more upside aheadShares of e-commerce giant Amazon.com, Inc. (NASDAQ:AMZN) are moving higher in pre-market trading,up 0.9% at $1,686.10, after Evercore ISI hiked its price target on the FAANG stock to $1,965 from $1,800. The brokerage cited gross profit as a "more important indicator" than revenue growth, not...Read More