A quick look at some of this morning's analyst activity on Wall StreetTaking a quick look at some bullish analyst attention across Wall Street this morning, three stocks in focus are Lululemon Athletica Inc. (NASDAQ:LULU), Stanley Black & Decker, Inc. (NYSE:SWK), and Sherwin-Williams Co (NYSE:SHW). For LULU shares, Stifel became the latest brokerage firm to weigh in bullishly, upgrading its rating...Read More
If approved, the hormone-free birth control would be the first of its kindSuccessful late-stage results for its experimental birth control, Amphora, have Evofem Biosciences Inc (NASDAQ:EVFM) stock up in early trading. If approved by regulators, the gel-based, hormone-free birth control would be the first of its kind -- news that has EVFM shares up nearly 20% to trade at $4.24. The stock earlier pe...Read More
How you can transform lagging indicators into leading indicators. From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of the trading world's constant need to stay ahead of the curve since the first exchange opened its door over 200 years ago.After all, every trader is always looking for an edge... Some way to predict what will happen next... And hopefully...Read More
Short sellers have been ramping up their exposure to the retailer, tooBofA-Merrill Lynch downgraded Best Buy Co Inc (NYSE:BBY) to "underperform" from "neutral," and slashed its price target to $50 from $70 -- a discount to Friday's close. The brokerage firm cited troubling industry trends and uncertainty around sales of Apple (AAPL) products. Additionally, the analyst in coverage said the big box...Read More
Mawson Resources (TSX: MAW; US-OTC: MWSNF) has tabled a maiden resource for its Rajapalot gold-cobalt project in Finland that it says has plenty of room for expansion.The project contains a pit and underground constrained 4.3 million inferred tonnes grading 2.3 grams gold per tonne and 430 ppm cobalt, or 3.1 grams gold equivalent, for 320,000 oz. gold and 1,841 tonnes cobalt. Unconstrained, the p...Read More
Mawson Resources (TSX: MAW; US-OTC: MWSNF) has tabled a maiden resource for its Rajapalot gold-cobalt project in Finland that it says has plenty of room for expansion.The project contains a pit and underground constrained 4.3 million inferred tonnes grading 2.3 grams gold per tonne and 430 ppm cobalt, or 3.1 grams gold equivalent, for 320,000 oz. gold and 1,841 tonnes cobalt. Unconstrained, the p...Read More
Mawson Resources (TSX: MAW; US-OTC: MWSNF) has tabled a maiden resource for its Rajapalot gold-cobalt project in Finland that it says has plenty of room for expansion.The project contains a pit and underground constrained 4.3 million inferred tonnes grading 2.3 grams gold per tonne and 430 ppm cobalt, or 3.1 grams gold equivalent, for 320,000 oz. gold and 1,841 tonnes cobalt. Unconstrained, the p...Read More
Daimler will buy battery cells worth more than 20 billion euros ($23 billion) by...Read full newsRead More
De Beers Group is pleased to announce it has officially launched its education partnership with the National Gemstone Testing Centre (NGTC), China's leading authority in the testing and inspection of gems and jewellery, extending the accessibility of De Beers Group's diamond education courses to students in China.The partnership, which was officially launched at the Beijing Jewellery Show in China...Read More
The end of QE does not just show the failure of the ECB's policy. It highlights the failure of governments' economic policies...Read full newsRead More
Canada Cobalt Works of Coquitlam, B.C., says that two widely spaced drill holes have intersected an apparent syenite hosted gold system east of the historic Castle cobalt-silver mine 75 km from Kirkland Lake, near Gowanda.The drill program east of the mine is targeted at high grade gold zones associated with a previously undiscovered major fault structure. A new hole has been collared to intersec...Read More
Canada Cobalt Works of Coquitlam, B.C., says that two widely spaced drill holes have intersected an apparent syenite hosted gold system east of the historic Castle cobalt-silver mine 75 km from Kirkland Lake, near Gowanda.The drill program east of the mine is targeted at high grade gold zones associated with a previously undiscovered major fault structure. A new hole has been collared to intersec...Read More
The shares are on track to retake a key trendline todayThe shares of Barnes & Noble, Inc. (NYSE:BKS) are up 4.9% in electronic trading, after Craig-Hallum upgrade the book retailer to "buy" from "hold," while boosting its price target to $10 from $7. The new price target represents territory BKS hasn't traded near since March 2017, and is a 54% premium from Friday's closing perch of $6.49. Today'...Read More
The financial firm has been charged in the 1MDB scandalStocks are set to pick up right where they left off on Friday, with Dow Jones Industrial Average (DJI) futures trading well below fair value. Today's pressure is coming from Goldman Sachs (GS), with the shares down more than 2% in pre-market trading, on news Malaysia has charged the big-cap bank and two of its former employees in connection wi...Read More
Avino Silver and Gold Mines of Vancouver is very pleased with the initial assay results from the drilling of the 27 vein extension target at the Bralorne mine near Gold Bridge. The company says the results confirmed the continuity of the vein up dip from the area of historic production.The highest assay was 29.56 g/t gold over 0.88 metre (all true widths). Other holes 3.24 g/t over 2.3 metres and...Read More
Avino Silver and Gold Mines of Vancouver is very pleased with the initial assay results from the drilling of the 27 vein extension target at the Bralorne mine near Gold Bridge. The company says the results confirmed the continuity of the vein up dip from the area of historic production.The highest assay was 29.56 g/t gold over 0.88 metre (all true widths). Other holes 3.24 g/t over 2.3 metres and...Read More
The bears haven't even begun to smell blood"An immediate risk to bulls... is the big put open interest lingering at the SPY 260 strike, a large majority of which was bought to open... big put open interest strikes like this can sometimes act as a magnet due to 'delta hedging', which occurs when sellers of the puts are forced to sell S&P futures to hedge their positions ... Admittedly, this is a t...Read More
Africa-focused gold producer Randgold Resources (LON:RSS) will cease trading on both the London Stock Exchange and NASDAQ at the end of the year, as its planned merger with Canada's Barrick Gold Corp (TSE, NYSE:ABX) has been approved by the Royal Court of Jersey, Channel Islands.The $18.3 billion-deal creates "New Barrick," the world's top gold miner by value and output, with a dominant positi...Read More
Africa-focused gold producer Randgold Resources (LON:RSS) will cease trading on both the London Stock Exchange and NASDAQ at the end of the year, as its planned merger with Canada's Barrick Gold Corp (TSE, NYSE:ABX) has been approved by the Royal Court of Jersey, Channel Islands.The $18.3 billion-deal creates "New Barrick," the world's top gold miner by value and output, with a dominant positi...Read More
A free tool can help traders bank big this earnings season.We are in middle of Earnings season, which means the time to bank some big wins is now.Tech stocks (AAPL, FB and BIDU) just released Earnings few days ago, and you need to position yourself now in order to make maximum profit from it.One company can help any investor do just that.They've developed a tool that predicts volatility based on...Read More