The original estimate that the partial shutdown would subtract 0.1 percentage point from growth every two weeks has now been doubled to a 0.1 percentage point subtraction every week, according to a Trump administration official.The change is due to greater losses from private contractors also out of work and other government functions that have been halted.The administration's estimate is more agg...Read More

Federal government shutdown drags into its fourth week. Will it boost gold prices? US Government Shuts Down, Again Could you imagine life without a government? Now, you can. The federal government has been shut down since December 22nd, 2018. The government shutdown does not, of course, imply that the whole government is closed. Only non-essential discretionary federal programs and agencies close....Read More

Both AEO and ANF options are attractively priced as the stocks appear set to slideYesterday, retail stocks American Eagle Outfitters (NYSE:AEO) and Abercrombie & Fitch Co (NYSE:ANF) were in focus after reaffirming their respective fourth-quarter sales forecasts. While the retailers aren't slated to report their full holiday-season results until the first week of March, both stocks could run into t...Read More

UnitedHealth stock is at the top of the Dow after earningsThe Dow Jones Industrial Average (DJI) is modestly higher at midday, with UnitedHealth Group (UNH) leading the charge after earnings, overshadowing lackluster results from JPMorgan Chase (JPM). Meanwhile, Netflix (NFLX) is leadingtech stocks and helping the Nasdaq Composite (IXIC) outperform, after announcing plans to raise subscription p...Read More

Sibanye-Stillwater has contingency plans in place to minimize the possible impact of a strike at its South African platinum operations, Chief Executive Neal Froneman said on Tuesday.The Association of Mineworkers and Construction Union (AMCU) announced on Monday that it is planning to strike at Sibanye-Stillwater's local platinum operations, expanding an earlier stoppage affecting its gold facilit...Read More

Lithium miner Alliance Mineral Assets said on Tuesday it expected to choose final customers for half of its lithium supply in the next few weeks, after restructuring its existing agreements.Alliance, which owns the Bald Hill mine in Western Australia after buying out its partner Tawana Resources last year, said it was in talks with parties in South Korea and Japan, as well as China."We have 80,000...Read More

"Consolidation continues: LSC Lithium Enters Into Definitive Arrangement Agreement to be Acquired by Pluspetrol #lithium https://t.co/nifEJcbowd"Read full newsRead More

The company is teasing a "new relationship and material opportunity"The shares of New Age Beverages Corp (NASDAQ:NBEV) are higher today, as traders await the company's special conference call tomorrow. Specifically, the firm -- which is dabbling in CBD-infused drinks -- this morning said it will hold an investor call at 8:30 a.m. ET tomorrow, Jan. 16, "to provide a special business update on a new...Read More

A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More

Fund flows data shows traders have piled back into SMH during the past weekThe VanEck Vectors Semiconductor ETF (NYSEARCA:SMH) enters standard January options expiration week with its trading range clearly cut out for it. Overhead, we have the round century level of $100, which is currently about 9.4% north of the exchange-traded fund's (ETF's) Friday close. And hovering directly near this psychol...Read More

BloombergAn employee uses a hydraulic press at the Justin Paul Inc. manufacturing facility inside the Brooklyn Navy Yard. The numbers: The Empire State manufacturing index fell 7.6 points to 3.9 in January, the lowest reading in more than a year, the New York Federal Reserve said Tuesday. Economists had expected the index to inch up to 12, according to a survey by Econoday. The headline index has...Read More

BAC will report earnings ahead of tomorrow's openBig banks are starting to report earnings, with a rare profit miss for JPMorgan Chase (JPM) in focus today. Bank of America Corp (NYSE:BAC) is scheduled to take its turn in the earnings confessional ahead of the open tomorrow, Jan. 16. While the stock is trading down 0.8% today at $26.17, the options market is expecting a bigger-than-usual post-earn...Read More

An overdue round of bull notes could create tailwinds for SBUXCoffee stock Starbucks Corporation (NASDAQ:SBUX) recently bounced off its 80-day trendline for the second time this year. With the shares forming a symmetrical triangle and sitting just atop their post-earnings bull-gap levels from early November, SBUX could have found a new short-term floor. Analysts remain divided, so a round of bul...Read More

PLAY is set to take out its 80-day moving averageThe shares of Dave & Buster's Entertainment Inc (NASDAQ:PLAY) are up 4.5% at $53.05 in early trading, on upped guidance from the entertainment concern. Specifically, the company raised its full-year sales and net income forecasts. PLAY stock has been attempting a rebound, after a mid-December bear gap led the shares to shed 32.7% last quarter -- th...Read More

The FAANG name has started 2019 off on a bullish noteThe shares of Facebook, Inc. (NASDAQ:FB) are up 2% to trade at $148.29 this morning, after Barclays weighed in on the social media sector, saying it is "slightly more optimistic" ahead of fourth-quarter earnings. For FB, specifically, the brokerage firm reaffirmed its "overweight" rating and $180 price target. And given Wall Street's extreme n...Read More

The big-box retailer is leaving CVS' pharmacy networksShares of CVS Health Corp (NYSE:CVS) are taking a hit this morning, after Walmart (WMT) said it will exit CVS-run pharmacy networks following a pricing dispute. CVS has requested the retail powerhouse continue to fill prescriptions as an in-network partner through April 30. According to the Wall Street Journal though, if Walmart doesn't agree,...Read More

Morgan Stanley boosted its rating on the IT services providerMorgan Stanley upgraded Akamai Technologies, Inc. (NASDAQ:AKAM) to "overweight" from "equal weight," saying the IT services company should benefit from accelerated security growth and stabilization in media. However, following the tech stock's recent technical troubles, the brokerage firm also cut its AKAM price target to $79 from $82, t...Read More

"The Newmont-Goldcorp tie-up is the latest step in #Canada'sRead full newsRead More

How you can transform lagging indicators into leading indicators.With the market action of the last few weeks, some traders may feel like they're working blind -- after all, who knows what the Dow will do next? With bulls and bears butting heads in their predictions, many investors are looking for a way to try and predict what's to come, to avoid losing any of their capital to sudden corrections a...Read More

A parliamentary vote on Brexit will take place in the U.K. todayDow Jones Industrial Average (DJI) futures are pointed lower this morning ahead of a busy day on Wall Street. Investors are digesting subpar quarterly results from banking giant JPMorgan Chase (JPM), which reported a fourth-quarter earnings miss. This disappointment has offset encouraging developments abroad, after the People's Bank o...Read More