Before today, it was FOSL put buying that was popularThe shares of Fossil Group Inc (NASDAQ:FOSL) are higher this afternoon amid heavy trading volumes, after the company inked a deal to sell $40 million worth of smartwatch technology to Alphabet's (GOOGL) Google. What's more, FOSL call options are flying off the shelves today, with traders opening positions at a number of different strikes. For ex...Read More
U.S. markets will be closed on Monday for Martin Luther King Jr. DayIt will be a busy yet abbreviated week, with markets closed on Monday for Martin Luther King Jr. Day. Earnings season will continue to pick up steam next week, with a number of Dow stocks in focus, including IBM (IBM), Johnson & Johnson (JNJ),and Intel (INTC). Starbucks (SBUX) and Ford Motor (F) will also be in the earnings spotli...Read More
In 2018, ALROSA, the largest diamond mining company in the world, held 32 international auctions receiving a total revenue of $463 million for the year, for its special size (over 10.8 carats) rough diamonds.Alrosa traditionally holds its auctions in Russia, Belgium Israel, Hong Kong, the United Arab Emirates and the United States. For the first time in many years, the company held two of its auct...Read More
In 2018, ALROSA, the largest diamond mining company in the world, held 32 international auctions receiving a total revenue of $463 million for the year, for its special size (over 10.8 carats) rough diamonds.Alrosa traditionally holds its auctions in Russia, Belgium Israel, Hong Kong, the United Arab Emirates and the United States. For the first time in many years, the company held two of its auct...Read More
"Invictus (@Invictus_MD) (#TSXV: $GENE | #OTCQX: $IVITF) Submits Application to List on NASDAQ; Consolidation [https://t.co/UcACPsY1T0]#POTstocks #investing #stocks #stockmarket #trading #investors #news #business #investments #cannabisdaily #marijuananews #cannabis #NASDAQ"Read full newsRead More
Stocks went slightly up yesterday, as investors' sentiment remained bullish following the recent advances. The S&P 500 index extended its short-term uptrend, before closing just 0.2% higher. Is this a short-term topping pattern or just another consolidation within an uptrend?The U.S. stock market indexes gained 0.2-0.6% on Wednesday, extending their short-term uptrend, as investors' sentiment...Read More
Trevali Mining (TSX:TV; OTCQX: TREVF) announced on Thursday that president and chief executive officer Dr. Mark Cruise and chair of the board of directors Mike Hoffman plan to step down.Both Cruise and Hoffman will continue in their current roles until their successors are appointed in order to ensure a smooth transition to a new leadership team for the long-term benefit of Trevali and its stakeho...Read More
"Investors... Take a few minutes now and have a look at the latest Corporate Presentation for NorthBud Farms (NBUD-C) -- @Northbudco #NBUD $NBUD #CSE #BNN #momentumstocks #MarijuanaStocks #hemp #CBD #smallcap #cannabis #THC--Read the Presentation here: https://t.co/M9DufV4Bnr"Read full newsRead More
Short-term SKX volatility expectations are soaringSkechers USA Inc (NYSE:SKX) stock is hot today, with some pointing to buzz surrounding a potential takeover of the footwear firm by North Face parent VF Corp (VFC). Whatever the reason, SKX shares were last seen up 5.8% to trade at $26.81, and options traders are in overdrive.Most recently, around 36,000 calls and 10,100 puts had changed hands on S...Read More
Gold futures pulled back on Thursday from the nearly two-week high they settled at a day earlier, as the psychologically important $1,300 line remained elusive for another session. "The dovish U.S. Federal Reserve has been supporting the market," with some officials at the central bank suggesting a cautious approach to future interest-rate hikes, analysts at ICICI Bank wrote in a daily note. "This...Read More
The blue chip is pulling back to a historically friendly trendlineThe shares of Merck & Co Inc (NYSE:MRK) just logged an 18-year high of $80.19 in early December, but have since taken a breather to consolidate around the $75 area. What's more, the healthcare concern just pulled back to a key trendline -- a signal that, if past is precedent, might send MRK on its next leg higher. Specifically, the...Read More
The Russian economy is apparently more durable than many Western politicians imagined...Read full newsRead More
The number of Americans filing applications for jobless benefits unexpectedly fell last week.The data pointed to sustained labor market strength that should continue to underpin the economy.Initial claims for state unemployment benefits decreased to 213,000 for the week ended Jan. 12, the Labor Department said.Published 11 Hours AgoUpdated11 Hours AgoReuters show chapters Initial jobless claims...Read More
"Great Panther Silver Provides 2019 Production and Cost Guidance for Mexican Operations @Gr8_Panther https://t.co/w7DoewYnZf"Read full newsRead More
The short holiday week tends to be a sluggish one for the S&P 500This year marks the 21st that the U.S. stock market will be closed in observance of Martin Luther King Jr. Day, which means we now have a round 20 years' worth of historical data to draw from in analyzing the impact, if any, this mid-January holiday has on investors. We've already shared what have historically been the best and worst...Read More
* EU imposes country-specific steel import quotas on Turkey* EU ops of ArcelorMittal, CMC set to benefit most* Turkish mills had already slashed output due to U.S. tariffsLONDON/ANKARA - The European Commission's move to extend its steel import restrictions threatens to force Turkish mills, already buckling under the weight of U.S. tariffs, to cut production further or in some cases close down, so...Read More
Getty ImagesNew factory orders hit a six-month high in January, the Philly Fed said. The numbers: The Philadelphia Fed manufacturing index rose to a seasonally adjusted reading of 17 from a two-year low of 9.1 in the prior month. Any reading above zero indicates improving conditions. Economists polled by EconoDay expected a 10 reading. What happened: Below the headline, the new orders index rose...Read More
MANILA - Philippines nickel ore miner, Global Ferronickel Holdings Inc, said on Thursday it aims to ship 5.7 million wet metric tonnes to China this year, in line with 2018, as China's cooling economy slows expected demand.Global Ferronickel also said it has signed a contract to sell 1 million wmt of ore to Baosteel, a unit of top steel manufacturer China Baowu Steel Group. It is also looking to s...Read More
Many Chinese carmakers have announced plans to start exporting to the U.S. but none of them has managed to crack the lucrative retail market. Kandi Technologies Group Inc. may become the first.The Nasdaq-listed company, which started making electric cars in 2013, plans to ship two of its models to the U.S. this year, Chairman and Chief Executive Officer Hu Xiaoming said in a telephone interview We...Read More
Kirk Woodman, vice-president of exploration for Vancouver-based private gold explorer Progress Minerals, was found dead on Jan. 16 in rural Burkina Faso, after having been abducted a day earlier by as-yet unidentified individuals.According to a statement by Burkina Faso minister of foreign affairs Alpha Barry, Woodman was kidnapped near the village of Tiabangou at the Bira Trend exploration site...Read More