Options trading has been heavy on the Chicago Board Options Exchange (CBOE), with call volume on Friday reaching its highest point since January 2016. Social media powerhouses Facebook Inc (NASDAQ:FB) andTwitter Inc (NYSE:TWTR) are two companies with notable options volume, and both companies' general counsel will testify before Congress on Wednesday regarding Russian interference with the 20...Read More
The Dow Jones Industrial Average (DJIA) and S&P 500 Index (SPX) are trading lower, after former Trump campaign manager Paul Manafort was charged with "conspiracy against the United States" and "seven counts of failure to file reports of foreign bank and financial accounts," among other indictments. Rick Gates, a Manafort business partner, was also indicted by a special counsel investigating Russ...Read More
November has been one of the best months to own stocks, historically, and if past is prologue, two blue chips could be screaming "buy" right now. Specifically, American juggernauts Wal-Mart Stores Inc (NYSE:WMT) and McDonald's Corporation (NYSE:MCD) are typically two of the best stocks to own next month. Below, we'll take a look at WMT and MCD shares, and how they tend to perform in November.Wal-M...Read More
U.S. stocks are trading lower after former Trump campaign manager Paul Manafort surrendered to feds in response to being indicted by Robert Mueller. Among the stocks making moves this morning are energy concern Diamond Offshore Drilling Inc (NYSE:DO), healthcare provider Merck & Co., Inc. (NYSE:MRK), and homebuilder CalAtlantic Group Inc (NYSE:CAA). Here's a closer look at what's moving shares of...Read More
Analysts are weighing in on pharmaceutical stock Adamas Pharmaceuticals Inc (NASDAQ:ADMS), Chinese e-commerce name Alibaba Group Holding Ltd (NYSE:BABA), and online retail platform Shopify Inc (US) (NYSE:SHOP). Here's a quick roundup of today's bullish brokerage notes on shares of ADMS, BABA, and SHOP.Analyst Expects Adamas Pharmaceuticals Stock Surge to Continue Adamas Pharmaceuticals stock is...Read More
Analysts are weighing in on semiconductor stock Advanced Micro Devices, Inc. (NASDAQ:AMD), retailer Macy's Inc (NYSE:M), and electric car concern Tesla Inc (NASDAQ:TSLA). Here's a quick roundup of today's bearish brokerage notes on AMD, M, TSLA.AMD Stock Nears Oversold Territory After MS DowngradeAMD stock is down 4.8% at $11.26 this morning, after Morgan Stanley lowered its rating to "underweigh...Read More
Dow Jones Industrial Average (DJIA) futures are sluggish to start the week, as markets digest reports that former Trump campaign manager Paul Manafort surrendered to feds after being indicted by special counsel Robert Mueller. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also lower, with the indexes set to pull back after Friday's tech-inspired rally to record highs. Traders...Read More
With tax reform among the highest priorities in Washington, D.C. -- which you are sure to read and hear about in coming weeks -- this week brings us a continuation of earnings season and a full economic calendar. We'll get data on inflation, personal income and spending, auto sales, productivity, and the October payrolls report on Friday.But from a macro perspective, the biggest news is likely to...Read More
Canadian oil producer Cenovus Energy (TSX, NYSE:CVE) has named industry veteran Alex Pourbaix chief executive officer, effective Nov. 6.Pourbaix replaces Brian Ferguson, who announced his retirement earlier this year following Cenovus' $17.7 billion acquisition of oil sands and Deep Basin assets from ConocoPhillips (NYSE:COP).Pourbaix, who worked at TransCanada Corp for 27 years, most recently hel...Read More
The Herd Buys at LastIn 2009, when I was recommending gold stocks that were trading below the amount of money they had in the bank, no one wanted to buy. These stocks went up more than 3,000%.Here we are eight years later, and finally your neighbors are dumping money into stocks. In the United States, equity funds brought in their largest inflows in six months.Reuters recently said that $7.5 billi...Read More
Constellation Brands (NYSE: STZ), the maker of Corona beer and Svedka vodka, has purchased a nearly 10 percent stake in Canopy Growth Corporation (TSX: WEED) for close to $200 million.Although this is the first time we've seen a major beer manufacturer enter the cannabis space, it won't be the last.The truth is, both the alcohol and tobacco industries are slowly entering the cannabis space because...Read More
Monday Humor: Silver has been money just as long as gold, but silver investment appeal falls behind gold, palladium, platinum and now even copper?Leave it to the London Metals Exchange to conduct a conference "poll" that the WGC is quick to call out:If they had to invest all of their wealth into one metal, 45% of the crowd at #LMEweek would choose gold pic.twitter.com/vAUNZZspPG- World Gold Counci...Read More
The Doc has just unleashed a special at SD Bullion you don't want to miss... This deals will end 11/6/17 at 10 AM EST... Read More
So we went to Disney Land for the first time ever and it was so much fun!!! Have a look at what we got up to in the happiest place on earth!!The main reason why we were in America was to check out Dinsey's latest Movie 'COCO'!We will be posting a vlog in two weeks about our time at Pixar Studios as we went behind the scenes and found out how the movie was made!!!Coco will be out in Malaysian Cinem...Read More
Let’s Not Pick and Choose Our FreedomsProstitution has been illegal in California for 145 years. But for the first time, judges appear to be considering overturning the law.In the past, challenges to the law have been outright dismissed. But now judges have agreed to take a closer look at the California law."Why should it be illegal to sell something that it's legal to give away?" A judge as...Read More
Let’s Not Pick and Choose Our FreedomsProstitution has been illegal in California for 145 years. But for the first time, judges appear to be considering overturning the law.In the past, challenges to the law have been outright dismissed. But now judges have agreed to take a closer look at the California law."Why should it be illegal to sell something that it's legal to give away?" A judge as...Read More
Looking out for bargain gold mining stocks? The mining industry as a whole has worked diligently to keep costs minimal and valuations high. Even so, more than a few gold miners are only priced at "bear market extremes". Contributor Mike Kachanovsky shares one of his undervalued Canadian gold stocks. In a perfect world, a junior mining company starts off a promising exploration project with ambitio...Read More
> Amid NAFTA talks, Mexico airs concerns over U.S. steel tariffs > Gold steadies after sell-off linked to hawkish Fed, strong dollar > Vale aims to cut nickel output costs as world glut looms > Mongolia's Oyu Tolgoi mine to lift force majeure > Zimbabwe has potential to meet 20 pct of global lithium demand > Brazilian agency fines Norsk Hydro unit in Para state > South Africa'...Read More
> U.S. crude oil production hit record high in November -EIA > OPEC February oil output falls as UAE over-delivers on cut - survey > China's domestic LNG plants reopen after shutdowns as heating crisis eases > Exxon quits Russian joint ventures, cites U.S. and EU sanctions > Noble Group plunges to $4.9 bln loss, in talks to wrap up debt deal > Amid NAFTA talks, Mexico airs concer...Read More