By: Carolyn BorodenGold has potential upside to 1709.41 in the futures (GC) as long as two support areas hold. There's initial support at the recent low near 1626, and a wide cluster of support at symmetry projections between 1614.80 and 1621.30.As long as price holds above one of these two zones, we can begin to look at buy triggers. If price breaks beneath there, we'll back off until furth...Read More
Gold should start another wave of rise. Silver will now behave like a precious metals and not an industrial metal. Even USA is preparing for corona virus outbreak. Lack of demand from global tourism industry should result in crude oil prices sliding. Next week will be a big week for bulls and bears of gold. If economic data releases wins then gold prices will correct more. If corona virus wins t...Read More
Silver Spruce Resources Inc. announced that the Board of Directors has appointed Ronald J. Goguen as its President, CEO and Director.Read full newsRead More
Canada's New Gold Inc said on Tuesday it has agreed to sell a 46% free cash...Read full newsRead More
The Dow entered correction territory earlier todayThe Dow plunged to its sixth straight catastrophic loss today, closing 1,190 points lower -- it's worst single-session point drop in history -- amid mounting fears over the global spread of the coronavirus. Today's fall into correction territory followed President Donald Trump's national address yesterday that failed to calm investor worries over t...Read More
Noble announced that it has received final approval from the TSX Venture Exchange for its plan of arrangement with Canada Nickel Company Inc.Read full newsRead More
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Management of Sirios Resources Inc. (TSXV:SOI) is pleased to report on the planned and ongoing work on its four gold properties.Read full newsRead More
"Yield Growth (@yieldgrowth) (#CSE: $BOSS | #OTCQB: $BOSQF) to Enter Booming Market with Immunity-Boosting #Mushroom Products [https://t.co/Skq1ByXUse]#investing #stocks #stockmarket #trading #investors #capitalmarkets #plantbased #business #shrooms #mushrooms #shroomstocks"Read full newsRead More
The latest company news releases.Read full newsRead More
Gold futures gave up earlier gains on Thursday to finish lower for a third consecutive session, as U.S. bond yields traded above the day's lows. The rise in bond yields helped offset support for the metal even as worries about the spread of the COVID-19 epidemic outside of China continued to spark selling in global equity markets. Gold prices are "always sensitive to the outlook for interest rates...Read More
Gold futures gave up earlier gains on Thursday to finish lower for a third consecutive session, as U.S. bond yields traded above the day's lows. The rise in bond yields helped offset support for the metal even as worries about the spread of the COVID-19 epidemic outside of China continued to spark selling in global equity markets. Gold prices are "always sensitive to the outlook for interest rates...Read More
The FDA pushed back Zogenix's application approval by three monthsPharmaceutical name Zogenix, Inc. (NASDAQ:ZGNX) is sinking lower this afternoon, suffering a notable 6.5% setback after the Food and Drug Administration (FDA) delayed the company's seizure drug application. The new target date for its Dravet syndrome drug, Fintepla, has now been pushed to June 25.Now trading just below $24, ZGNX ea...Read More
The Dow is down over 650 points midday The Dow Jones Industrial Average (DJI) has sold-off into correction territory, down over 650 points midday, dragged lower in part by Disney (DIS) which is reeling from CEO Bob Iger's resignation announcement yesterday. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also deep in the red at the midway mark. Meanwhile the 10-year Treasury yield just...Read More
Several retail names, including Target, will close out a wild earnings season Earnings season is winding down, though a few notable companies are still slated to post their quarterly reports next week, including retailers Target (TGT), Nordstrom (JWN) and Urban Outfitters (URBN). Several marijuana names will also be in the spotlight, including Cronos Group (CRON) and Tilray (TLRY). Meanwhile,jobs...Read More
Here is what's new today on INK Ultra Money. Canadian Insider Club Ultra members have access to both premium and free content. If you are asked to sign in, select Canadian insider as your subscription website.1.Will low rates inoculate Atrium Mortgage from virus worries?Atrium Mortgage Investment (AI) recently reported record results. But that has not made the stock immune to coronavirus fears. L...Read More
An exodus of short sellers could fuel more tailwindsEtsy Inc (NASDAQ:ETSY) announced its fourth quarter profits and the professional creatives have been in the money. Though the reported profits of 25 cents per share are 7 cents lower than the same quarter last year, Etsy out-shotWall Street's mean of expected profits of 16 cents per share. The reported revenue of $270.00 million beat out the esti...Read More
KDP shared earnings that were in-line with estimatesShares of Keurig Dr Pepper Inc (NYSE:KDP) are down 3.34% this morning, last seen at $27.84. The soft drink giant reported strong fourth quarter and full-year results, with earnings that ran in-line analysts' estimates. Meanwhile, KDP expects net sales growth in 2020, as they prepare for a long-term partnership with Nestle USA that will allow the...Read More
MSFT remains up 48% in the last 12 monthsAs the Dow continues its historic sell-off, one of the prime culprits this morning is Microsoft Corporation (NASDAQ:MSFT), down 3.3%to trade at $164.64 this morning. The tech icon warned it expects its Windows units to miss their third quarter guidance due to the coronavirus outbreak. Today's drop has Microsoft stock breaching its 50-day moving average for...Read More
Analysts are taking a step back from HAS this morningToymaker Hasbro, Inc. (NASDAQ:HAS) is down 2.8% this morning, just off a fresh annual low of $80.22, after receiving multiple price-target cuts from covering analysts. J.P. Morgan Securities was the first to weigh in, slashing its price to $94 from $113. SunTrust Robinson and Monness Crespi Hardt followed shortly thereafter, lowering their pric...Read More