Recent News

Call Traders Blast These 2 Chip Stocks

April 27, 2020 / www.schaeffersresearch.com

Both NVDA and INTC sport attractively priced optionsThe20 stocks listed in the table below have attracted the highest weekly options volume during the past 10 trading days, with data courtesy of Schaeffer's Senior Quantitative Analyst Rocky White. Stocks highlighted in yellow are new to the list. Two names that stick out are Nvidia Corporation (NASDAQ:NVDA) and Intel Corporation (NASDAQ:INTC). Bel...Read More

Mizuho's TWTR Upgrade Brings Bulls to the Table

April 27, 2020 / www.schaeffersresearch.com

Twitter is expected to post earnings this Thursday, April 30Twitter Inc (NYSE:TWTR) is getting a boost ahead of its first-quarter earnings report, due out before the open on Thursday, April 30, on an upgrade from Mizuho. The analyst lifted its rating on the social media giant to "neutral" from "underperform," adding that the impact of COVID-19 is already reflected in Twitter's stock price. At last...Read More

Options Bulls Eye Cronos' Upcoming Earnings

April 27, 2020 / www.schaeffersresearch.com

The pot producer is expected to post its first-quarter earnings report next Friday, May 8The shares of Cronos Group Inc (NASDAQ:CRON) are climbing higher today, up 6.4% at $6.60 at last check, set for their first close north of the 80-day moving average since mid-February. The marijuana producer just announced plans to release its first-quarter earnings report next Friday, May 8, and options playe...Read More

#China's ICBC suspends open positions for commodities trading products

April 27, 2020 / reut.rs

(Corrects GMT time from 0200 to 0100)Read full newsRead More

Dow Eyes 300-Point Pop; Oil Pulls Back

April 27, 2020 / www.schaeffersresearch.com

Oil prices are continuing their volatile trendThe Dow Jones Industrial Average (DJI) is kicking off the week with triple-digit gains, last seen up over 300 points, as investors unpack New York governor Andrew Cuomo's,daily press conference on the coronavirus outbreak. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are also confidently in the black, as optimism over the reopening U.S. econ...Read More

Silvercorp Metals to Acquire Guyana Goldfields Creating a Diversified Precious Metals Producer #mining

April 27, 2020 / www.globenewswire.com

VANCOUVER, British Columbia and TORONTO, April27, 2020(GLOBE NEWSWIRE) -- Silvercorp Metals Inc. ("Silvercorp") (TSX/NYSE American: SVM) and Guyana...Read full newsRead More

Caterpillar Stock Crawls Lower After Downgrade

April 27, 2020 / www.schaeffersresearch.com

Morgan Stanley downgraded the blue chip to "underweight" from "equal weight"Shares of Caterpillar Inc. (NYSE:CAT) are down 2.5% to trade at $111.11, after a downgrade from Morgan Stanley to "underweight" from "equal weight," and a price-target cut to $93 from $107. The analyst predicted increasing pressure from a multi-year downturn in U.S. non-residential construction, as well as historically wea...Read More

Bank Stock Soars on Preliminary Profit Beat

April 27, 2020 / www.schaeffersresearch.com

Deutsche Bank's preliminary first-quarter numbers exceeded analysts' expectations The shares of financial name Deutsche Bank AG (NYSE:DB) are surging this morning, up 10.8% at $6.59, after the company announced on Sunday its preliminary first-quarter report. The German-based bank said it expected a quarterly net income of 66 million euros, or $71.42 million, on revenue of 6.4 billion euros, or $6....Read More

Monday on INK Ultra Money: Crypto comeback

April 27, 2020 / www.canadianinsider.com

Cryptocurrencies have been making a comeback over the past few weeks, but does the rally have staying power? The CEO of a Canadian-listed cryptocurrency-focused investment firm seems to be betting that bitcoin and blockchain are poised for better days ahead. Canadian Insider Club Ultra members can watch the video summary below. Watching institutional interest If you are not a member, join us a...Read More

AutoNation Stock Extends Uptrend on Stimulus Pledge

April 27, 2020 / www.schaeffersresearch.com

AutoNation plans to give back $77 million from its small-business loanThe shares of AutoNation, Inc. (NYSE:AN) are on the rise after the automotive retailer said it will return $77 million it had previously received from the U.S. Paycheck Protection Program (PPP). Following cost-cutting measures and a revision of the loan program's guidelines, AutoNation came to the conclusion of returning the for...Read More

Stock Futures Soar on Lockdown Optimism

April 27, 2020 / www.schaeffersresearch.com

Oil prices are sitting out the broad-market rally today, thoughDow Jones Industrial Average (DJI) futures are ready to start the final week of the month with a triple-digit move above fair value this morning. Futures on the Nasdaq-100 Index (NDX) and S&P 500 Index (SPX) are also getting a lift, as optimism builds that parts of the U.S. economy will be phased into reopening soon. New York Gover...Read More

Why 2020's Crash Isn't Lining Up With the 2008 Financial Crisis

April 27, 2020 / www.schaeffersresearch.com

As of now, a couple of things are looking different with respect to the 2007-2009 bear market and this year's plunge in both the economy and the stock market: The Fed has acted much more aggressively in cutting rates, and massive stimulus packages have come much sooner, unlike how the slower-moving financial crisis unfolded. This is likely because the pandemic-related crash in the economy was deep...Read More

Siyata Mobile Launches UR5 Rugged Smartphone Device for the Enterprise and First Responder Mobile Workforce

April 27, 2020 / kincommunications.com

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF |FRA:WK3D) (the "Company" or "Siyata") is pleased to announce the launch of the 4G/LTE UR5 rugged device for the first responder and enterprise mobile workforce. The UR5 is "Rugged and Ready" to handle the most vigorous work environments encountered by enterprise workers and first responders on the front line of defense.The UR5 i...Read More

Gold miners and funds shine, boosted by coronavirus safe-haven bid

April 27, 2020 / dlvr.it

Shares of gold miners and funds dealing in the precious metal have rallied in recent weeks as the coronavirus crisis rocked global markets and investors raced to buy safe-haven assets.Read full newsRead More

INK Canadian Insider Index holds up with copper as oil plunges 32%

April 27, 2020 / www.canadianinsider.com

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK CIN took a breather and pulled back 6.67 points or 0.8% to close at 844.66.MACD pulled back 11.72 points to 9.7. RSI retreated slightly, by 1.26 points, to 50.86. in the last two weeks, it has remained in a very tight range.Support moves up to 810 (20-day moving average...Read More

IN CASE YOU MISSED IT: 5 key stories from April 24

April 27, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Friday April 24 that are worth another look.Anemic demand stemming from the Covid-19 pandemic resulted in another round of import price decreases for flat-rolled steel in South America, with the majority of customers reported as skipping orders for June shipments, market sources said.When the oil price fell into negative price territory at...Read More

IN CASE YOU MISSED IT: 5 key stories from April 24

April 27, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Friday April 24 that are worth another look.Anemic demand stemming from the Covid-19 pandemic resulted in another round of import price decreases for flat-rolled steel in South America, with the majority of customers reported as skipping orders for June shipments, market sources said.When the oil price fell into negative price territory at...Read More

IN CASE YOU MISSED IT: 5 key stories from April 24

April 27, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Friday April 24 that are worth another look.Anemic demand stemming from the Covid-19 pandemic resulted in another round of import price decreases for flat-rolled steel in South America, with the majority of customers reported as skipping orders for June shipments, market sources said.When the oil price fell into negative price territory at...Read More

IN CASE YOU MISSED IT: 5 key stories from April 24

April 27, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Friday April 24 that are worth another look.Anemic demand stemming from the Covid-19 pandemic resulted in another round of import price decreases for flat-rolled steel in South America, with the majority of customers reported as skipping orders for June shipments, market sources said.When the oil price fell into negative price territory at...Read More

IN CASE YOU MISSED IT: 5 key stories from April 24

April 27, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Friday April 24 that are worth another look.Anemic demand stemming from the Covid-19 pandemic resulted in another round of import price decreases for flat-rolled steel in South America, with the majority of customers reported as skipping orders for June shipments, market sources said.When the oil price fell into negative price territory at...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok