The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) both managed record highs today, even though trading action was muted in the shortened session. The Dow Jones Industrial Average (DJIA) also had a strong day, as Wall Street digested mostly upbeat headlines about Black Friday shopping. A number of retail stocks outperformed as a result -- including Amazon (AMZN), which hit record highs thanks to...Read More
With Black Friday retail sales events in full swing, mega-retailer Wal-Mart Stores Inc (NYSE:WMT) is attracting attention from options traders. Today's call volume of 24,000 contracts represents about 150% of the stock's intraday norm, and a decent portion of the day's action consists of short-term call spreads.Not long after the opening bell, data from the International Securities Exchange (ISE)...Read More
United Parcel Service, Inc. (NYSE:UPS) is making headlines today, after reports surfaced late Wednesday the shipping giant had acquired a manufacturing pharmacy license in the state of Georgia. UPS was trading down 0.2% at $113.52 at last check. Below, we will take a look atthe sentiment surrounding United Parcel stock both in and out of the options pits.Taking a quick look at the charts, UPS stoc...Read More
Hologic, Inc. (NASDAQ:HOLX) said it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its Quantra 2.2 breast density assessment software -- used in breast cancer screenings. Despite an initial uptick at the open, HOLX stock is failing to capitalize on the news, last seen fractionally lower at $40.87. As the shares continue to struggle at a key technical juncture, s...Read More
Dow stock Boeing Co (NYSE:BA) made headlines before the holiday break, after Saudi Arabia agreed to buy $7 billion worth of military equipment and weaponry from multiple U.S. contractors, including Boeing. Below, we will check in with BA to see how the aerospace stock has been faring, and how options traders have reacted to the news.Boeing stock is currently up 0.3% to trade at $265.91, flirti...Read More
There were lower-than-normal trading volumes across Wall Street this week due to Thanksgiving, but stocks pushed to record highs nonetheless. Many of the gains came on Tuesday, when the Dow Jones Industrial Average (DJIA), Nasdaq Composite (IXIC), and S&P 500 Index (SPX) all soared to record highs thanks to a strong round of corporate earnings. The Dow is now set to avoid a rare third-straight wee...Read More
U.S. stocks are trading higher after yesterday's holiday break, with retail stocks being the main focus of the market. Three stocks making moves today are drug concern Teva Pharmaceutical Industries Ltd (NYSE:TEVA), "Russian Google" Yandex N.V. (NASDAQ:YNDX), and biopharmaceutical concern Nektar Therapeutics (NASDAQ:NKTR). Here's a closer look at what's moving shares of TEVA, YNDX, and NKTR.TEVA...Read More
Dow Jones Industrial Average (DJIA) futures are pointed higher this morning, after settling modestly lowerin a low-volume session on Wednesday. S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are also trading above fair value, with all three benchmarks on track to post weekly wins. Retail stocks are in focus on this shortened trading day, as the holiday shopping frenzy engulfs investors. R...Read More
Analysts are weighing in on farming machinery concern Deere & Company (NYSE:DE), healthcare stock Quest Diagnostics Inc (NYSE:DGX), and oil shipping expert Frontline Ltd. (NYSE:FRO). Here's what's moving shares of DE, DGX, and FRO. Deere Stock Gets Post-Earnings UpgradeDeutsche Bank this morning upgraded Deere stock to "buy" from "hold," and raised its price target to $167 from $149. The move com...Read More
The following is a reprint of the market commentary from the December 2017 edition of The Option Advisor, published on November 17. For more information, or to subscribe to The Option Advisor -- featuring 10 new option trades each month -- visit our online store.By now, just about every major financial media outlet has published an article questioning how much longer General Electric (GE) can c...Read More
It was last Thursday night when they rolled it out...The new Tesla semi-truck.Tesla fans are calling it the next big thing.They're wrong.The electric semi-truck was the "next big thing" three years ago when we first saw evidence of its existence.Make no mistake; in today's rapidly evolving electric vehicle market, that which is on the road today is already "old news."Don't get me wrong. Tesla's ne...Read More
Wilshire 5000 divided by US GDPSource: Thomson Reuters Datastream; BMG Group Inc.Read More
I don’t watch the news often. But the news was playing at the family Thanksgiving gathering. The Macy’s Thanksgiving Parade was on, and the newscasters were discussing the extreme security measures taken by New York City.The massive police presence was welcome according to the news. People were reportedly thanking police officers for their roles. The anchors attributed this attitude ch...Read More
Gold prices continue to struggle as the year nearly comes to an end and some investors have been quick to blame cryptocurrencies like bitcoin. But, to Frank Holmes, bitcoin isn't the problem. "I don't believe bitcoin is stopping gold from rallying," the U.S. Global Investors CEO told Kitco News at the Silver & Gold Summit in San Francisco. "One is a digital currency, the other is a monetary curren...Read More
Going deep for the good stuffGuest's website:https://secure.kaiserresearch.comProduced by http://www.HoweStreet.comStay Informed! Receive our Weekly Recap of thought provoking articles, podcasts and radio delivered to your inbox for FREE!Sign up for the Weekly Recap on the homepage at http://www.HoweStreet.comRead More
Ross Beaty: Backing Wisest Men And Women Of A Sector, "Usually Recipe For Success"Update 2017.For regular market updates, articles, and interviews, subscribe to our free "Sprott's Thoughts" newsletter, at: http://sprottglobal.com/subscribe/Read More
Auf der Edelmetallmesse 2017 sprach Miningscout Analyst Erwin Matula mit der kanadischen Goldexplorationsfirma Skeena Resources (TSX-V: SKE; WKN: A2H52X; ISIN: CA83056P8064). Kelly Earlevon stellte dabei die Projekte des Unternehmens genauer vor.Read More
Industry giants Rick Rule and Lukas Lundin cover the multitude of projects the Lundin Group of Companies are involved in worldwide, including Lundin Petroleum, Africa Energy Corp, Lundin Mining and Lundin Gold.This interview is a must-watch, as two industry legends unpack a wealth of knowledge that you won't get elsewhere.Learn more about the Lundin Group of Companies on their website: https://www...Read More
I don’t watch the news often. But the news was playing at the family Thanksgiving gathering. The Macy’s Thanksgiving Parade was on, and the newscasters were discussing the extreme security measures taken by New York City.The massive police presence was welcome according to the news. People were reportedly thanking police officers for their roles. The anchors attributed this attitude ch...Read More
Investment Risk Index: AA Total Score: 78Legal: 65Governance: 91Social: 86Fiscal: 75Infrastructure: 94Miners have literally just scraped the surface of Finland's mineral potential. Most, if not all, of the major projects in the country have come from outcrop deposits, which make up 1-2% of its mineral wealth.This major geological potential, coupled with a supportive mining code and reliable i...Read More