In the latest update to the Rick's Picks home page, I've revised an interest rate forecast for the 30-year bond to better sit down for this 0.73%. This is an implied recession/depression away from the current 1.60%, so you may want to jot the new number down. I got a wake-up call on this from my friend Doug Behnfield, whose name will be familiar to anyone who has followed Rick's Picks for...Read More
By: Ira EpsteinFed hasn't done anything like this since 2008. The 50 basis point cut was 100% priced in this month by the market. So the Fed used some of its bullets and now..Read More
Reduction in interest rate differential (after the Federal reserve interest rate cut of 0.50%) has resulted in US dollar index falling and gold/silver prices rising. Copper and crude oil are firm on hopes that negative economic impact will be short lived. All monetary measures will be useless in the very short term by central banks if the corona virus infects more and more people worldwide. Last...Read More
In the latest update to the Rick's Picks home page, I've revised an interest rate forecast for the 30-year bond to better sit down for this 0.73%. This is an implied recession/depression away from the current 1.60%, so you may want to jot the new number down. I got a wake-up call on this from my friend Doug Behnfield, whose name will be familiar to anyone who has followed Rick's Picks for...Read More
By: Ira EpsteinFed hasn't done anything like this since 2008. The 50 basis point cut was 100% priced in this month by the market. So the Fed used some of its bullets and now..Read More
Reduction in interest rate differential (after the Federal reserve interest rate cut of 0.50%) has resulted in US dollar index falling and gold/silver prices rising. Copper and crude oil are firm on hopes that negative economic impact will be short lived. All monetary measures will be useless in the very short term by central banks if the corona virus infects more and more people worldwide. Last...Read More
Toronto, Ontario--(Newsfile Corp. - March 2, 2020) - Pancontinental Resources Corporation (TSXV: PUC) (Read full newsRead More
All three indexes bounced back with wins of 3.5% or moreThe Dow roared back to life today for an 1,173-point win that erased yesterday's sell-off. The blue-chip index took its cues from the political arena today, after former Vice President Joe Biden surged ahead of Senator Bernie Sanders in the wake of a resoundingly successful Super Tuesday. Wall Street also got a late-afternoon boost after Cong...Read More
Forum Energy Metals (TSX.VFMC) has launched an exploration project funded by Orano Canada at its major uranium opportunity in Saskatchewan, Canada. Eight t...Read full newsRead More
Kroger is expected to reveal its fourth-quarter report before the open tomorrowWith fourth-quarter earnings due out before the open tomorrow, March 4, the shares of grocery store chain Kroger Co (NYSE:KR) are climbing higher, up up 3.4% at $30.33 at last check. This is due in part to Morgan Stanley's price target hike by $1 to $28 -- a slight discount to current levels. Today's pop places KR right...Read More
"#MomentumPR ... will assist in increasing public awareness by managing the Company's corporate communications ... activities and facilitating dialogue with the Company's shareholders, finance professionals, analysts and media contacts#MomentumStockshttps://t.co/nYeew0MIKv"Read full newsRead More
Upbeat jobs and manufacturing data are powering Wall Street today tooThe Dow Jones Industrial Average (DJI) is in the midst of a substantial rally today, thanks to political tailwinds created by former Vice President Joe Biden. His slew of Super Tuesday primary victories last night puts him ahead ofSenator Bernie Sanders in the delegate count, and healthcare stocks like UnitedHealth (UNH) are boom...Read More
MKM Partners is dismissing concerns over Cronos' delayed earnings report Cronos Group Inc (NASDAQ:CRON) is pushing off yesterday's two-year low of $5.14, up 3.2% at $5.49, after MKM Partners lifted its rating to "buy" from "neutral." The analysts' upgrade comes one day after the weed specialist said it would delay its fourth-quarter earnings report, garnering a downgrade from Stifel. MKM, however,...Read More
Wells Fargo upgraded Chipotle to "overweight" from "equal weight"The shares of Chipotle Mexican Grill Inc. (NASDAQ:CMG) are up 4.02% to trade at $765.70 this morning after Wells Fargo upgraded the restaurant concern to "overweight" from "equal weight," and lifted its price target to $1,000 from $868. The analyst cited the expansion of its Chipotlane stores, and went on to say the security's recent...Read More
UNH has almost caught up to its year-to-date breakeven point nowLeading the Dow's charge today is UnitedHealth Group Inc (NYSE:UNH), last seen up 10.2% to trade at $287.90. This in direct response to former Vice President Joe Biden's resounding victory yesterday in the Super Tuesday primaries. Biden has now picked up 453 delegates and political momentum to pass prior favorite Senator Bernie Sande...Read More
World Platinum Investment Council says that surplus will rise to 119,000 ounces in 2020.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. 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.Click here to join us and use coupon code LION20 for 50% of...Read More
The retailer posted fourth-quarter revenue that missed the mark Discount retailer Dollar Tree, Inc. (NASDAQ:DLTR) opened at a two-year low of $79.93 this morning, and was last seen down 1.3% at $80.76, after a mostly disappointing fourth-quarter earnings report. The company posted profits of $1.79, which exceeded analysts' estimates, but announced $6.32 billion in revenue, which missed analyst es...Read More
Former Vice President Joe Biden grabbed several big wins in last night's primariesDow Jones Industrial Average (DJI) futures are signaling an over 600 point surge going into today's trading, as Wall Street unpacks former Vice President Joe Biden's big wins on Super Tuesday, pulling ahead of Senator Bernie Sanders in the delegate count for the Democratic Primaries. This has the healthcare sector --...Read More
Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna") a royalty company for the U.S. licensed cannabis industry is pleased to announce that its portfolio company Cultivation Technologies, Inc. ("CTI") conducting business as Coachella Manufacturing, an award-winning cannabis extractor and manufacturer, has commenced production at its new facility in Palm De...Read More