Recent News

Stocks, Oil See Catastrophic Losses

March 09, 2020 / www.schaeffersresearch.com

It was oil's worst single-session drop since 1991The Dow cratered today by more than 2,000 points, as Wall Street continues to slog through one of the worst stock market crashes in history. The blue-chip index just turned in its worst day since October 2008 as plummeting oil prices and coronavirus concerns form a perfect storm of investor panic. The S&P 500 and Nasdaq also were walloped and turned...Read More

GrubHub Stock Brushes Off Bull Note

March 09, 2020 / www.schaeffersresearch.com

Grubhub was raised to "perform" from "underperform"Food delivery service GrubHub Inc (NYSE:GRUB) is down 7.1% to trade at $48.21 today. As food delivery stocks are appealing amidst a global pandemic, GRUB was upgraded to "perform" from "underperform" by Oppenheimer today. However, while it might have lessened the blow, it doesn't seem to be enough to push the equity out of the surrounding broad-ma...Read More

FB Stock Struggles After Privacy Breach Allegation

March 09, 2020 / www.schaeffersresearch.com

The Australian privacy regulator just accused Facebook of sharing the personal detailsover 300,000 users without their knowledge Twitter isn't the only social media name in focus today, with investors turning their attention toward Facebook, Inc. (NASDAQ:FB) following reports that the Australian privacy regulator just sued the tech giant over allegations that it shared personal details of over 300...Read More

Costco Halts Free Samples Amid COVID-19 Outbreak

March 09, 2020 / www.schaeffersresearch.com

Costco is taking extra precautions with its free samples to protect customers from the coronavirus outbreak. The coronavirus outbreak is confirmed to have spread to at least 25 states, and as a result customers of Costco Wholesale Corporation (NYSE:COST) will have to say good-bye to free samples for the time being. Costco, last seen trading down 2.4% at $303.78, made the decision after competitor...Read More

Nardoo Well Exploration Update

March 09, 2020 / bit.ly

eMetals Limited has completed a comprehensive project review of historical exploration activities on the Nardoo Well tenement.Read full newsRead More

One Oil Stock Bucking the Broad Market Crash

March 09, 2020 / www.schaeffersresearch.com

XOM, CVX, and COG options volume is ramped up todayIf the coronavirus outbreak was the match, then OPEC-fueled price war is the kerosene soaked rag that sparked today's stock market crash. As oil prices plummet and send the world economies into disarray, energy stocks Exxon Mobil Corporation (NYSE:XOM), Chevron Corporation (NYSE:CVX), and Cabot Oil & Gas Corporation (NYSE:COG) are in focus. Opti...Read More

@killerwild @EquityClock I'm not willing to trade this environment in Oil. If you have that ability your way ahead...

March 09, 2020 / twitter.com

"@killerwild @EquityClock I'm not willing to trade this environment in Oil. If you have that ability your way ahead of 90-95% of the traders out there and my hat is off to you.With that said,a bounce at 27-28 Crude is very likely to occur, but remember.There areodds in markets,but no absolutes."Read full newsRead More

Steep Selloff Continues Despite Stock Market Circuit Breaker

March 09, 2020 / www.schaeffersresearch.com

Oil is continuing its deep dive this afternoonAfter trading was halted for 15 minutes this morning to prevent a further plunge, the Dow Jones Industrial Average (DJI), the S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are all down between 6% and 7% at midday, with the Dow falling over 2,000 points at its worst. Saudi Arabia cutting official crude selling prices for April and its subsequent pri...Read More

2 Cruise Stocks Getting Slammed on U.S. COVID-19 Warnings

March 09, 2020 / www.schaeffersresearch.com

U.S. health officials are warning Americans to avoid cruise ships as the coronavirus outbreak worsens It's no secret the cruise line sector has taken a hit in recent weeks, with a slew of reports trickling in regarding coronavirus-related quarantines and cancellations. Two stocks hit particularly hard are Carnival Corp (NYSE:CCL) and Royal Caribbean Cruises Ltd (NYSE:RCL), and this weekend's warni...Read More

Amazon Stock Falls Despite New Business Ventures

March 09, 2020 / www.schaeffersresearch.com

Amazon was hit again by a COVID-19 fear waveAmazon Inc. (NASDAQ:AMZN) is down 7.1% to trade at $1,767.03, despite a positive premarket outlook this morning. The premarket rise came after news that AMZN will announce a new business line selling the technology behind its automated checkout to other retailers. Amazon's cashier-less venture, Amazon Go, is estimated by Loup Ventures to grow to $50 bill...Read More

TWTR Stock Drops on Debunked Trump Video, $1 Billion Deal

March 09, 2020 / www.schaeffersresearch.com

Twitter stocks dipped after it flagged one of Trump's retweetsShares of Twitter Inc (NYSE:TWTR) are down 6.2%, last seen at $31.40. Twitter made headlines last week on rumors CEO, Jack Dorsey was being pressured to leave due to his divided attention between Twitter and Square (SQ). Now, the social media giant is back in the news after applying its new "manipulated media" label for the first time...Read More

Monday on INK Ultra Money: Coronavirus and crude

March 09, 2020 / www.canadianinsider.com

Here is what's new today on INK Ultra Money. Canadian Insider Ultra Club members have access to both premium and free content. If you are asked to sign in, select Canadian Insider as your subscription website. If you are not a Canadian Insider Club Ultra member, get full access to Real Vision and INK Research premium videos by joining us.1. Coronavirus, Crude, Energy Equities, and IMO 2020 - Real...Read More

Stock Futures Crash on Oil Price War, Outbreak Anxieties

March 09, 2020 / www.schaeffersresearch.com

News that OPEC's Friday talks with Russia collapsed is sparking a massive price war, sending old futures plummetingStocks are dramatically selling off in pre-market trading, with all three indexes looking to open with losses of 4.5% or more. Dow Jones Industrial Average (DJI) futures are erasing last weeks modest win, off over 1,200 points. For the last few weeks this selloff has been tied to anx...Read More

A2Z Technologies Awarded Four-Year Contract with Israel Police

March 09, 2020 / kincommunications.com

Vancouver, BC - A2Z Technologies Canada Corp. ("A2Z" or the "Company") (TSXV: AZ) announced today that it has received a notice from the Israel Police notifying them that they have won a new four-year contract.Bentsur Joseph, Chairman and CEO of A2Z stated, "We won a similar contract four years ago, which recently completed. The Israel Police awarded A2Z a new four-year term contract and expanded...Read More

Siyata Mobile Launches Uniden (R) UV350 In-Vehicle Cellular IoT Device with Verizon

March 09, 2020 / kincommunications.com

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce it has launched the Company's flagship Push-to-Talk LTE Uniden UV350 in-vehicle cellular IoT device with Verizon.The UV350 provides its enterprise customers with the first-ever dedicated in-vehicle Push-to-Talk ("PTT") cellular solution built for the specific requirements of com...Read More

INK Canadian Insider Index slips, but should investors listen to copper?

March 09, 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 heavily oversold INK Canadian Insider Index had an early bounce to 1137.69 before retreating alongside world markets on Friday. The Index came to rest at 1086.68 for a 9.24 point or a 0.8% decline.MACD moved up 4.5 points to -10.8. RSI rose 9.7 points to 28.Support is at 10...Read More

How suspect gold reached brands like Apple and Tiffany

March 09, 2020 / dlvr.it

In the Peruvian highlands, a refinery said it had found a sustainable source of artisanal gold. Prosecutors suspect its main supplier was a front for dirty money. What went wrong?Read full newsRead More

Indigenous title lawsuits don't conform to provincial boundaries, Supreme Court rules

March 09, 2020 / www.northernminer.com

A recent Supreme Court of Canada decision has confirmed the right of Indigenous communities to sue companies for aboriginal title claims that span provinces without needing to file multiple lawsuits.The ruling on Feb. 21 is the latest development in a years-long attempt by two Quebec Innu groups to sue Rio Tinto (NYSE: RTP; LSE: RIO) and its subsidiary, the Iron Ore Company of Canada (IOC), for a...Read More

IN CASE YOU MISSED IT: 5 key stories from March 6

March 09, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Friday March 6 that are worth another look.Most flat steel import prices in South America have remained unchanged in the week ended March 6, in a market lull before the start of negotiations for May shipments, although sellers were indicating that more expensive offers would be presented in the weeks ahead.The International Copper Study Gr...Read More

IN CASE YOU MISSED IT: 5 key stories from March 6

March 09, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Friday March 6 that are worth another look.Most flat steel import prices in South America have remained unchanged in the week ended March 6, in a market lull before the start of negotiations for May shipments, although sellers were indicating that more expensive offers would be presented in the weeks ahead.The International Copper Study Gr...Read More

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