NV Gold Corporation is pleased to announce a non-brokered private placement of units of the NV Gold for gross proceeds of up to CDN$750,000.Read full newsRead More
Emgold Mining announces it has signed a Property Acquisition Agreement and will sell its Stewart and Rozan Properties to Ximen Mining Corporation.Read full newsRead More
Brixton Metals Corporation has commenced a 1,000m drill program at its wholly-owned Langis Mine property in the Cobalt Camp, Ontario, Canada.Read full newsRead More
3 names seeing heavy options trading todayThree names seeing unusual options activity today are Gilead Sciences, Inc. (NASDAQ:GILD), Oracle Corporation (NYSE:ORCL), and TJX Companies Inc (NYSE:TJX). Below we'll break down why options traders are targeting GILD, ORCL, and TJX in today's trading. GILD stock is trading up 2.9% today at $72.16, as traders monitor the coronavirus outbreak, with Gilead...Read More
Deep-South Resources Inc. announces that it has appointed Mr. Paul Smith to its Board of Directors and has appointed Ms. Chantelle Collins as CFO.Read full newsRead More
Bulls should be watching MDT closelyCoronavirus, or COVID-19, continues to be the talk of the Street. We've had a few brief respites from the outbreak concerns, but for the most part the "major" market moves have revolved around the latest headlines around the virus. The fears really heated up when tech bellwether Apple (AAPL) said its revenue for the quarter could be softer than expected, and thi...Read More
The Dow has added roughly 350 points by middayThe Dow Jones Industrial Average (DJI) is deep into triple-digit territory at midday in a effort to recoup the two-day slide that devastated the blue chip index. Meanwhile, strong gains in the finance and healthcare sectors are giving the S&P 500 Index (SPX) a boost, with the former getting a lift from a bounce-back in the 10-year Treasury yield. The...Read More
DIS is trading at its lowest point since AprilThe shares of Walt Disney Co (NYSE:DIS) are sitting out the Dow's furious rally from this week's steep drop. DIS is the worst Dow stock today, down 1.4% to trade at $126.44, after it was announced CEO Bob Iger will be stepping down. Although he will remain company chairman, Bob Chapek, prior head of Disney Parks, will succeed Iger. Cowen and Company ca...Read More
Based on INK Research sentiment indicator changes, this morning we downgraded the US market to overvalued. While a bounce could take place should coronavirus disease (COVID-19) worries subside, we believe it would be a mistake to aggressively add to certain positions that worked in the past. There is one big name that we believe investors should avoid right now based on our signals.The name and o...Read More
The pizza maker's earnings and revenue topped forecasts, thoughA big earnings loser today is Papa John's International Inc. (NASDAQ: PZZA). The pizza giant reported adjusted quarterly earnings of 37 cents per share, which is 4 cents a share above estimates and 22 cents higher than the same quarter last year. Continuing to exceed expectations, the company's revenue came in at $417.41 million, shoot...Read More
ETFC has added 7% in 2020Just one week off the buyout that led to its best day since 2009, E-Trade Financial Corp (NASDAQ:ETFC) is trading modestly higher, up 0.6% at $48.81, despite receiving a downgrade to "market perform" from "outperform" at Raymond James. Yesterday ETFC marked its third-straight loss on the charts, but remains well above its recently supportive 120-day moving average. Year-t...Read More
WEN shared earnings that were in-line with estimatesShares of Wendy's Co (NASDAQ:WEN) are down 2.3% this morning, last seen at $22.42. The fast-food chain forecast a weaker-than-expected full-year outlook, but revealed fourth-quarter earnings that were in-line with estimates. Meanwhile, Wendy's also reported bigger-than-expected capital costs on for the year, as they roll out a new breakfast menu...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. Activist Short-Selling: Uncovering Fraud and the Future - Real VisionCarson Block, CIO of Muddy Waters Capital - an activist short-selling fund, joins Real Vision again to discuss activis...Read More
Lowe's posted Q4 earnings that beat analysts' expectations, but same-store sales and revenue that missed the mark Lowe's Companies, Inc. (NYSE:LOW) took its turn in the earnings confessional this morning, and the results are a mixed bag. The home improvement retailer posted fourth-quarter adjusted earnings of 94 cents per share, which beat analysts' estimates, but announced $16 billion in revenue...Read More
U.S. stock indexes will try to gain again todayDow Jones Industrial Average (DJI) futures are pointing to a positive open for stocks this morning after the historic two-day coronavirus-inspired sell-off. However, traders will likely remain on edge throughout the session, given how quickly equities gave up early morning gains on Tuesday. What's more, President Donald Trump has said he will be holdi...Read More
Copper's performance is often seen as an indicator for stocksStocks continue to pull back with uncertainty surrounding the coronavirus. A pullback may not be a big surprise to those who subscribe to the Dr. Copper theory. Copper is a popular metal in a variety of areas of the economy. Investopedia says "... from homes and factories to electronics and power generation and transmission - demand for...Read More
Here are five Fastmarkets stories you might have missed on Tuesday February 25 that are worth another look.European steel producers, represented by regional steel association Eurofer, hope to achieve a further toughening of the region's existing safeguard measures on steel product imports, market sources told Fastmarkets on February 25.The US Midwest aluminium premium reversed a more than nine-mon...Read More
The three-month zinc price on the London Metal Exchange was lower at the close of trading on Tuesday February 25, with the price edging down by 0.3% in a broadly positive trading afternoon, while lead futures topped the base-metals complex.Zinc's outright price on the LME closed at $2,030 per tonne in the afternoon, failing to close in positive territory despite strong turnover throughout the day....Read More
The three-month nickel price on the London Metal Exchange outperformed its peers across morning trading on Tuesday February 25, with all base metals trading in positive territory, while complex-wide selling pressure that emerged on Monday afternoon continued to ease.Nickel's outright price on the LME was recently seen at $12,640 per tonne on Tuesday morning, up from Monday's closing price on $12,4...Read More
Jack ChanPosted Feb 25, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on BUY signal. Short-term signals can last for days and weeks and are more suitable for traders.Speculation on gold is at a new high, but what more important is, a new speculative bottom is now established. That will hel...Read More