Dramatic swings in sentiment have caused indicators to flip-flop from bearish slanting to bullishly alignedIn the December 2019 edition of The Option Advisor, published on November 22, 2019, we at Schaeffer's highlighted option indicators that were flashy warning signs for the broad market.Inserted below is the concluding paragraph of that article:As always, we must consider these indicators in...Read More
Ulta has closed all of its stores until further notice Cosmetics retailer Ulta Beauty Inc (NASDAQ:ULTA) is in the spotlight today after announcing the temporary closure of all its stores until further notice. The company said that its employees will continue to receive benefits, and will be paid until mid-April. Ulta added that it will continue to operate online and plans on giving its distributio...Read More
Johnson & Johnson hopes to have 1 billion doses available by early 2021Johnson & Johnson (NYSE:JNJ) is the top Dow stock this morning, up 5.5% at $129.86, after the company announced that its experimental vaccine for the coronavirus will be ready for human testing by September, while the drug's availability for widespread emergency use will be ready in early 2021. Additionally, the drugmaker said...Read More
The company reported a third-quarter earnings beatCal-Maine Foods Inc (NASDAQ:CALM) is up 0.5% this morning to trade at $42.61, after reporting a third quarter earnings beat. The fishing and farming company announced profits of 28 cents per share, higher than Wall Street's estimated 18 cents per share. Cal-Maine Foods' also reported revenue that came in above estimates. The company stated that the...Read More
Last week's wild surge isn't over yet, it would seem Futures on the Dow Jones Industrial Average (DJI) are looking at a triple-digit open this morning, right on the heels of one of Wall Street's wildest trading weeks ever. Nasdaq-100 Index (NDX) and S&P 500 Index (SPX) futures are also higher before the bell. More volatility on Wall Street could be in the cards this week, with investors looki...Read More
MONTR??AL, March 30, 2020 /PRNewswire/ - Siyata Mobile Inc. (TSX-V:SIM / OTCQX:SYATF), based in Montr?(C)al, Canada, focused on push-to-talk over cellular communications, today announced that Arlen Hansen, Investor Relations, will present live at VirtualInvestorConferences.com on April 2nd.DATE: Thursday, April 2ndTIME: 11:30 AM ETLINK: https://tinyurl.com/April2TechVICThis will be a liv...Read More
Here are five Fastmarkets stories you might have missed on Friday March 27 that are worth another look.European flat steel producers have reduced output, and some of them have stopped operating certain equipment, in their attempts to balance supply and demand after multiple automotive producers suspended their operations because of the Covid-19 pandemic.The Zambian government will remove the 5% im...Read More
Here are five Fastmarkets stories you might have missed on Friday March 27 that are worth another look.European flat steel producers have reduced output, and some of them have stopped operating certain equipment, in their attempts to balance supply and demand after multiple automotive producers suspended their operations because of the Covid-19 pandemic.The Zambian government will remove the 5% im...Read More
Here are five Fastmarkets stories you might have missed on Friday March 27 that are worth another look.European flat steel producers have reduced output, and some of them have stopped operating certain equipment, in their attempts to balance supply and demand after multiple automotive producers suspended their operations because of the Covid-19 pandemic.The Zambian government will remove the 5% im...Read More
There were 63,159 new confirmed cases of the virus yesterday, taking the global tally to 634,835 people, according to the World Health Organisation.The number of deaths increased by 3,464 to 29,957.The oil price has tumbled towards US$20 per barrel while gold is worth about US$1,630 an ounce on the spot market."In China, workers are returning to factories just to be told about delayed or cancelled...Read More
Here are five Fastmarkets stories you might have missed on Friday March 27 that are worth another look.European flat steel producers have reduced output, and some of them have stopped operating certain equipment, in their attempts to balance supply and demand after multiple automotive producers suspended their operations because of the Covid-19 pandemic.The Zambian government will remove the 5% im...Read More
Here are five Fastmarkets stories you might have missed on Friday March 27 that are worth another look.European flat steel producers have reduced output, and some of them have stopped operating certain equipment, in their attempts to balance supply and demand after multiple automotive producers suspended their operations because of the Covid-19 pandemic.The Zambian government will remove the 5% im...Read More
Here are five Fastmarkets stories you might have missed on Friday March 27 that are worth another look.European flat steel producers have reduced output, and some of them have stopped operating certain equipment, in their attempts to balance supply and demand after multiple automotive producers suspended their operations because of the Covid-19 pandemic.The Zambian government will remove the 5% im...Read More
The world suddenly finds itself tipped into the gravest crisis since the 2nd World War, and with respect to the global economy it is actually far worse, because the financial system was teetering on the verge of collapse even before the coronavirus epidemic surfaced as a result of the exponential growth of debt and derivatives - so the virus epidemic and the reaction to it has simply acted as a...Read More
Here are five Fastmarkets stories you might have missed on Friday March 27 that are worth another look.European flat steel producers have reduced output, and some of them have stopped operating certain equipment, in their attempts to balance supply and demand after multiple automotive producers suspended their operations because of the Covid-19 pandemic.The Zambian government will remove the 5% im...Read More
To Watch Update #59, CLICK HEREThe world has been fighting covid-19 long enough that we are beginning to arrive at some constructive conclusions. Part of the intense infectiousness of this virus is due to its long asymptomatic phase, where hosts feel fine but are shedding contagious particles. Increased testing is now showing that the majority of folks testing positive don't realize they're sick....Read More
Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership and its subsidiaries. Read More
"Currency wars, trade wars, Greatest Depression, World War 3."Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbe...Read More
Rick reflects on the lessons learned during his career in the oil and gas industry.Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of...Read More
An invigorating discussion of current circumstances with Mervyn King, former governor of the Bank of England and author of Radical Uncertainty.James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author , most recently, of The Forgotten Depression: 1921: The Crash That Cured Itself. Gran...Read More