Investors who think the worst is over had better prepare for the other shoe to drop. Stocks rallied sharply last week, reflecting the egregious miscalculation not only of bulls who have yet to meet a dip they could not buy, but also of bears who evidently fear that the crazed buying binge will continue for no good reason. They should relax, since there has never been an instance where an initial...Read More
Christmas of 2019 I had advised to invest in gold and silver for Easter of 2020. Now I am asking to invest in gold and silver this Easter for Christmas of 2020. Overall gold and silver will continue to rise till Christmas. Even if the corona virus pandemic gets over and a vaccine is found (before Christmas of 2020), gold and silver will continue to rise. There is an over $40 price difference bet...Read More
The Canadian mining firm Excellon Resources announced recently that it is acquiring Otis Gold Corp., also of Canada, thus bolstering their risky scheme to use cyanide-based gold mining in theRead full newsRead More
The Coalition for Renewable Natural Gas is continuing its work to advocate for RNG development and its industry members despite the impacts of the COVID-19 pandemic, according to Director of Operations David Cox.Read full newsRead More
The Dow closed up over 500 pointsThe Dow extended its midday rally, finishing the day up over 500 points as blue-chip stocks reported better-than-expected earnings, and sentiment surrounding coronavirus improved. The S&P 500 and tech-heavy Nasdaq also finished the day confidently in the black, with the Nasdaq scoring its fourth straight win. Continue reading for more on today's market, including:...Read More
Guyana Goldstrike (TSXV:GYA) has agreed to extend the deadline for the completion of an initial payment owing to the Company in connection with a gold forward purchase agreementRead full newsRead More
"Great interview with FPX Nickel's CEO Martin Turenne, providing an overview of the company's Decar #nickel project and our plans for an updated PEA in Q3/Q4 2020Thanks to @CruxInvestorhttps://t.co/sLgo5kAw3q"Read full newsRead More
AAPL puts are a popular options choiceApple Inc. (NASDAQ:AAPL) iPhone sales are recovering in China after the tech giant shipped roughly 2.5 million iPhones in the country last month. This is up from the 500,000 iPhones shipped during February, the height of China's coronavirus lockdown. As a result, Chinese online retailers are offering hefty discounts on all iPhone 11 models, sending the equity...Read More
The biotech sector has performed admirably during the COVID-19 outbreakThe broad market finally got a rare dose of coronavirus-related optimism last week week, with reports that the global pandemic could soon be reaching a slowdown. Lost in the shuffle of headlines about hospitalizations, intensive care admissions, and new infection cases was news that U.S. President Donald Trump spoke with pharma...Read More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Mining operations in the Philippines' Surigao del Norte province were first suspended on April 1.Read full newsRead More
Here is what's new today on INK Ultra Money. Canadian Insider Ultra Club members have access to both premium and free content all the time. 1. Giustra buying at Thunderbird Entertainment Group - INK Research (subscribers)More often than not, Frank Giustra shows up on our screens in the mining sector. In today's INK report, however, he reappears in the entertainment industry as an insider who is...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") at the request of IIROC, has provided further details on the announcement that it has received an increase in revenue-generating work orders due to COVID-19 supply chain distress.The Company's commercial Artificial Intelligence (AI) and Machine Learning (ML) technology delivers accurate and automated product inf...Read More
Johnson & Johnson is the top Dow stock today after a post-earnings surgeThe Dow Jones Industrial Average (DJI) has pared yesterday's losses and is up nearly 400 points at midday. Today's rise is powered by earnings results from blue-chips, as well as investor optimism surrounding the coronavirus outlook, despite the number of cases continuing to rise globally. The S&P 500 (SPX) and Nasdaq Com...Read More
Citron called for GSX Techedu's stock to be halted and investigated A bearish note from short seller Citron Research has the shares of Chinese educational specialist GSX Techedu Inc (NYSE:GSX) down 4.3% at $30.06, after hitting a three-month low of $28.29 earlier this morning. Citron said in a tweet that it believes 70% of the firm's revenue is fabricated, and called for the stock to be halted and...Read More
British American Tobacco is being investigated for potential sanction breachesThe shares of British American Tobacco PLC (NYSE:BTI) are down 2% at $36.65 after The Times reported that the company is being probed by the U.S. Department of Justice (DOJ) and the Office of Foreign Assets Control (OFAC) for a suspected breach of sanctions. The firm declined to specify whether the case was a criminal i...Read More
Johnson & Johnson reported a Q1 earnings and revenue beatJohnson & Johnson (NYSE:JNJ) is up 3.4% to trade at $144.46 this morning, after the blue-chip reported adjusted first-quarter earnings of $2.30 per share on $20.7 billion in revenue, higher than Wall Street's estimated $2.00 per share on $19.5 billion. However, the major pharmaceutical name also cut its full-year forecast in light of the cor...Read More
The Wall Street Journal parent expects its ad revenue to take a hit in direct response to the coronavirus pandemic Media concern News Corp (NASDAQ:NWSA) announced last night that its advertising revenue would plummet as a direct result of the coronavirus pandemic. The Wall Street Journal parent did add that there has been a rise in digital subscribers as COVID-19 moves more of everyone's day-to-da...Read More
Johnson & Johnson and J.P. Morgan Chase both reported earnings this morningDow Jones Industrial Average (DJI) futures are trading comfortably higher this morning, propped up by upbeat results from blue-chips Johnson & Johnson (JNJ) and J.P. Morgan Chase (JPM), the former of which reported first-quarter profit and sales that topped estimates. Futures on the Nasdaq-100 Index (NDX) and S&P 500 Ind...Read More
Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") announced today a business update in response to the Global Covid-19 Pandemic (the "Covid-19 Pandemic"). On March 11, 2020, the World Health Organization declared a global pandemic. In order to combat the spread of COVID-19 governments worldwide have enacted emergency measures including travel bans, legally enforce...Read More