Recent News

Renforth Successfully Completes Exploration on Three Wholly Owned Gold Properties in Malartic Quebec Mining Camp...

August 08, 2019 / twitter.com

"Renforth Successfully Completes Exploration on Three Wholly Owned Gold Properties in Malartic Quebec Mining Camp https://t.co/HIMCXQ8a4x @RenforthRes #ResourceNews #Gold $RFR"Read full newsRead More

Financial Stocks Flash Buy Signals During Market Pullback

August 08, 2019 / www.schaeffersresearch.com

The financial sector has been one of the biggest losers in recent weeks The recent market drawdown has been particularly painful for the financial sector, especially with the Fed lowering interest rates last week. However, this pullback could mark a buying opportunity for some names based on technical data. Two stocks that landed on recent studies done by Schaeffer's Senior Quantitative Analyst Ro...Read More

Global Energy Metals Provides Exploration Update and Initial Metallurgical Results on Its Battery Minerals Project...

August 08, 2019 / twitter.com

"Global Energy Metals Provides Exploration Update and Initial Metallurgical Results on Its Battery Minerals Project in Nevada -- #GEMC $GEMC @EnergyMetals $CCW #Nevada #Cobalt #Battery#Copper @Tesla @Panasonic #GotCobalt --Read the News Release here: https://t.co/ESLvAerjZn"Read full newsRead More

Siyata Mobile Receives $300,000 Software Contract

August 08, 2019 / kincommunications.com

Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that it has received a $300,000 contract to supply software to various enterprise customers through a leading cellular operator.Marc Seelenfreund, CEO of Siyata Mobile states, "Part of our strategy is to sell third party software applications in conjunction with our devices and we are pleased to an...Read More

White Gold Corp. Extends High-Grade Mineralization at Golden Saddle 205m from Previous Mineralization and also with...

August 08, 2019 / twitter.com

"White Gold Corp. Extends High-Grade Mineralization at Golden Saddle 205m from Previous Mineralization and also within the Conceptual Pit Boundary including 3.59 g/t Gold over 68.0m and Identifies Multiple C... https://t.co/h0howjUQE8 @WhiteGoldCorp #ResourceNews #Gold $WGO $WHGOF"Read full newsRead More

Dow Bounces Back as Bond Yield Fears Abate

August 08, 2019 / www.schaeffersresearch.com

A stabilizing yuan has calmed some investor fears over the currency warThe Dow Jones Industrial Average (DJI) has continued its early rally, up roughly 240 points at midday, as investor anxiety over the U.S.-China currency war wanes. This relief has bond yields on the rebound, after yesterday's dramatic plummet. Elsewhere, oil prices are also on the mend, with the front-month contract up 3.3% at...Read More

EPA clears path for proposed copper and gold mine near Alaska's Bristol Bay

August 08, 2019 / dlvr.it

The Environmental Protection Agency said it would withdraw its option to veto the proposed Pebble mine, which opponents say would endanger the Bristol Bay salmon fishery.Read full newsRead More

Match Call Buyers Bank Quick Profit After Post-Earnings Bull Gap

August 08, 2019 / www.schaeffersresearch.com

Match Group stock's post-earnings bull gap helped traders lock in a quick profitSubscribers to Schaeffer's Weekend Trader Alert service just scored a 100% profit with the Match Group Inc (NASDAQ:MTCH) December 70 call option recommendation. Below, we'll explain the factors that went into this options trade hitting its expected target, leaving speculators with a big win.We initially recommended t...Read More

Walmart, Weed Earnings, Inflation Data on Tap

August 08, 2019 / www.schaeffersresearch.com

A handful of retailers will report quarterly resultsWhile earnings season is winding down, a few big names will be on the docket this week, including blue chips Walmart (WMT) and Cisco Systems (CSCO). Several marijuana names will be stepping into the earnings confessional, too, including Tilray (TLRY) and Canopy Growth (CGC). The latest inflation data could make noise in light of the Fed's first r...Read More

Video Summary: The last stand for oil patch contrarians as Encana insiders take on the short sellers

August 08, 2019 / www.canadianinsider.com

Here is the video summary of the August 8th INK Morning report where we look at the competition between insiders and short sellers at Encana (ECA). Where would you place your bets right now?INK Research and Canadian Insider are both subscriber-supported. We do not accept payments from issuers or promoters for stock coverage.Script:Short positions in multi-basin oil & gas operator Encana have been...Read More

Roku Bulls Strike as Stock Roars to Record High

August 08, 2019 / www.schaeffersresearch.com

Roku short sellers are getting burned after the company's beat and raiseThe big earnings winner today is Roku Inc (NASDAQ:ROKU), up 19.5% to trade at $120.62, earlier nabbing a record high of $123.16. The streaming service reported an adjusted second-quarter loss of 8 cents per share on revenue of $250.1 million, slimmer than the expected 22-cent per-share loss and $224.4 million revenue estimate...Read More

Downgrade Keeps Pressure on Caterpillar Stock

August 08, 2019 / www.schaeffersresearch.com

Some options traders have seemingly been betting on a bounce in CAT sharesCaterpillar Inc. (NYSE:CAT) shares have been under pressure during the recent market pullback, and a Goldman Sachs downgrade has the Dow stock in focus again today. The brokerage firm cut its rating to "neutral" from "buy" and lowered its price target to $130 from $156, citing headwinds from production cuts in North America...Read More

Kraft Heinz Options Traders Active During Sell-Off

August 08, 2019 / www.schaeffersresearch.com

Around 30,000 KHC options crossed in the first 20 minutes of trading todayKraft Heinz Co (NASDAQ:KHC) stock is down 12.9% to trade at $26.89 -- fresh off a record low of $26.05 -- after the food company said it would delay its 10-Q second-quarter filing amid a Securities and Exchange Commission (SEC) investigation. Kraft also disclosed write-downs totaling $1.2 billion in its preliminary first-hal...Read More

CRON Stock Pops After Pot Revenue Triples

August 08, 2019 / www.schaeffersresearch.com

Cronos reported a surprise profit for its second quarter Canada-basedCronos Group Inc (NASDAQ:CRON) joined this week's earnings parade, posting a surprise second-quarter profit and revenue that beat expectations. What's more, the company said cannabis sales tripled during the last quarter, thanks to last year's legalization of recreational marijuana use in Canada, and it expects the U.S. market to...Read More

Short report: Bearish setup signals dominate, despite some bullish exceptions

August 08, 2019 / www.canadianinsider.com

Bearish signals continue to dominate our short report, with eight names having bearish setups in the top ten most-shorted list. Although our signals still point to a potential short squeeze in oil patch names Paramount Resources (POU) and Bonterra Energy (BNE), the oil price is not cooperating. As such, the shorts appear to have the wind at their backs as we head into the home stretch this summer...Read More

Chesapeake Energy Stock Attempts Rebound Despite Bear Note

August 08, 2019 / www.schaeffersresearch.com

CHK has struggled on the charts long termOklahoma-based Chesapeake Energy Corporation (NYSE:CHK) is moving higher this morning, despite receiving a bear note from Raymond James. The firm downgraded to "market perform" from "outperform," and UBS just came with with its price-target cut to $1 from $1.60 -- though the stock seems unaffected, last seen 1.4% higher right before the open, a move that w...Read More

Stock Futures Signal Strong Start on China Headlines

August 08, 2019 / www.schaeffersresearch.com

Oil prices and the 10-year Treasury yield are bouncing back Dow Jones Industrial Average (DJI) futures are comfortably above fair value this morning, with the blue-chip index stabilizing after yesterday's volatile trading day. The upside comes after the People's Bank of China (PBoC) set the yuan's reference point higher than analysts were expecting, though still at its weakest point since 2008, an...Read More

EPA clears path for proposed copper and gold mine near Alaska's Bristol Bay

August 08, 2019 / dlvr.it

The Environmental Protection Agency said it would withdraw its option to veto the proposed Pebble mine, which opponents say would endanger the Bristol Bay salmon fishery.Read full newsRead More

Gold's 'Staying Power' Attracts Investors to VanEck Mining ETF

August 08, 2019 / dlvr.it

(Bloomberg) -- The largest exchange-traded fund that tracks gold miners attracted the most speculators in the latest sign of growing interest in the precious metal.VanEck Vectors Gold Miners ETF's call and put options open interest, a tally of outstanding contracts, is hovering near an all-time highRead full newsRead More

Gold 's Rally Has This Popular ETF Shining

August 08, 2019 / www.marketwatch.com

Gold and the related exchange-traded funds are breaking out and miners are going along for the ride. With the yellow metal residing at multi-year highs, investors are pouring gold miners exchange-traded funds, good news for some of the leveraged funds in the group. Of course, the Direxion Daily Junior Gold Miners Index Bull 3X Shares JNUG, -5.11% is getting in on the act. JNUG, which tries to deli...Read More

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