For the second year in a row, people -and commodity analysts such as those at TD Securities and the Bank of Montreal- are being bullish on silver. This is according to a survey conducted by precious metals retailer Kitco among the readers of its website. Some 151 people, or 39% of the sample of 386 participants, chose silver as 2018's most likely outperformer,with gold taking the second place with...Read More
Stocks are modestly higher at midday, as the major equity benchmarks attempt to dodge a third consecutive session of losses. Post-holiday trading volume remains light, with little in the way of economic news to steer the market -- though investors are largely brushing off a steeper-than-forecast drop in the Conference Board's consumer confidence index, which cooled this month after hitting a 16-ye...Read More
The numbers: Pending-home sales ticked up 0.2% in November, the National Association of Realtors said Wednesday. What happened: NAR's index of pending home sales tracks real-estate transactions in which a contract has been signed, but the deal hasn't closed. November's increase missed the consensus forecast of a 0.5% monthly gain from economists surveyed by Econoday. The index reading was 109.5...Read More
A number of retail stocks have found new life toward the end of 2017, including Lululemon Athletica Inc. (NASDAQ:LULU). The shares enjoyed their highest close in over a year yesterday, thanks to their strong push up the charts in the second half of the year. By the numbers, LULU stock has surged 67.5% since the end of May, with a solid chunk of these gains coming after an impressive earnings relea...Read More
Wireless technology stock Energous Corp (NASDAQ:WATT) received some good news this morning, after the Federal Communications Commission (FCC) granted certification for the company's WattUp Mid Field wireless charging transmitter. This marks the first FCC certification for power-at-a-distance wireless charging, per a company press release.The FCC milestone has sent WATT up an astounding 83.1% to t...Read More
Oppenheimer analyst Hartaj Singh weighed in bullishly today on Sarepta Therapeutics Inc (NASDAQ:SRPT), calling the biopharmaceutical stock "a key SMID-cap pick in our coverage universe." In a note to clients, Singh said, "We do not see any meaningful competition to SRPT's [Duchenne muscular dystrophy] franchise for another 3-5 years," and reiterated both his "outperform" rating and a $76 price tar...Read More
Footwear stock Deckers Outdoor Corp (NYSE:DECK) has vaulted to a gain of 43% year-to-date, roughly doubling the percentage gain of the S&P 500 Index (SPX) over this same time frame. That stock recently muscled above the $78 level, which had previously marked DECK's highs since a big bear gap in early 2015. With this technical hurdle in the rearview, the next major zone of resistance for DECK is as...Read More
The shares of Tesla Inc (NASDAQ:TSLA) retreated yesterday, even after CEO Elon Musk teased plans for an electric pickup truck, which he promised to make "right after the Model Y." However, analysts at KeyBanc are more concerned about Tesla's Model 3, and today lowered their fourth-quarter delivery estimates for the vehicle to 5,000 from 15,000. Below, we'll take a closer look at TSLA stock and tod...Read More
Dow Jones Industrial Average (DJIA) futures are trading modestly above fair value this morning. Stocks will try to bounce back from yesterday's bearish session, where a pullback from Apple (AAPL) stock pressured the tech sector. Traders will also have some economic data to sift through today, namely stats on consumer confidence and pending home sales. Plus, blockchain stocks could remain in focus,...Read More
Copper in London surged to the highest in almost four years after China ordered its top producer to halt output to combat winter pollution, fueling a rally this year driven by optimism about demand and supply disruptions at mines.Jiangxi Copper Co. was told to cut production for at least a week before a new assessment is made on local pollution levels. Earlier in the month, the No. 2 smelter, Tong...Read More
With only a few days left of 2017, I decided to compare some key stats from this year to other years. Also, I looked back historically to find the years most like 2017, and see how stocks performed after these extremely low-volatility grinds higher. 2017 Key Statistics: Positive Days and Low VolatilityBelow is a table looking at some key stats for each year since 2000. With a few days left in the...Read More
What does desperation look like? This:The weird thing about trees is that someday, like all of us, they die.This tree was on its way out. In fact, the tree was removed in order to protect anyone standing under it from danger. Who usually stands under it? The press. Melania was trying to protect the same press that now attempts to skewer her over landscaping.(Of course, if the tree broke and killed...Read More
Michael Pento, President and founder of Pento Portfolio Strategies, explains how the collapse of the bond markets will wreck havoc on the global financial markets.Read More
How hard can it be to Vlog in Malay!??? VERY HARD!!! But let's give it a try anyway :P !We were attempting a Malaysia Book Of Records entry by climbing Annapurna Base Camp! All for our latest TV Episode Of Wishlist !The experience really was life changing & is something I will never forget!!!To catch the full Episode of Our Journey , Make sure you watch Wishlist on Astro SuperSport , Sunday 31st D...Read More
Gold is an insurance, rather than speculative asset, said Rick Rule, CEO of Sprott U.S. Holdings. Rule told Kitco News that if given $100 thousand to invest, he would put half of it in "the best of the best," referring to senior miners, and the other half in "speculative [juniors] plays."On Bitcoin, Rule said that the digital currency "probably has [had a negative impact on gold], but my belief is...Read More
What does desperation look like? This:The weird thing about trees is that someday, like all of us, they die.This tree was on its way out. In fact, the tree was removed in order to protect anyone standing under it from danger. Who usually stands under it? The press. Melania was trying to protect the same press that now attempts to skewer her over landscaping.(Of course, if the tree broke and killed...Read More
China's imports of steelmaking raw materials remained mixed in November, with those for iron ore and coking coal rising while inbound scrap shipments fell by almost a fifth from a year earlier.Read More
In this video I show you my male model morning skincare routine.I wanna mention that my camera and lighting in my bathroom makes my skin look much worse than it really does in real life. It picks up every small detail including healing acne marks from weeks ago.*TURN ON POST NOTIFICATIONS!*My name is Brett Maverick Lange and I make video's about reactions, challenges, fitness, nutrition, fashion,...Read More
Here are two Canadian metals and mining stocks that we rate 'buy'. One is a recovery play based on the entrepreneurial skills of its 37.5-per-cent owner and its current price being well below book value. The other is a well-managed integrated mining company whose activities include exploration, development, processing, smelting, refining and reclamation in Canada, United States, Chile and Peru.Sha...Read More
The Dow Jones Industrial Average (DJIA) finished lower today, dragged down by Apple's (AAPL) worst session since August. Both the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) also finished in the red, despite a solid day from retail stocks. Energy stocks also had a good day, after a pipeline explosion in Libya sent oil prices to a two-and-a-half-year high. Still, the CBOE Volatility Index (VIX...Read More