BLK shares are technically overbought before earnings Investment management concern BlackRock, Inc. (NYSE:BLK) hit a fresh 52-week high of $525 earlier, setting up the shares for an eighth straight weekly win. The stock was most recently seen at $516.71, as traders prepare for the company's earnings release, scheduled for before the open tomorrow, Jan. 15. BLK's 14-day Relative Strength Index (RSI...Read More

Bank earnings continue to take the spotlightThe Dow Jones Industrial Average (DJI) has explored both sides of breakeven, before eventually climbing higher midday, as Wall Street's attention remains glued to a spate of earnings reports out of the finance sector, including JPMorgan Chase (JPM) and Wells Fargo (WFC). Meanwhile, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) have erased thi...Read More

"Kavango Resources - searching for Rare Earth Elements as sector approaches critical transition periodWe look at #KAV 's re-focused efforts at Ditau as the REE space begins to lessen its dependency on China in the face of rising electric vehicle demand.https://t.co/qs9miPQJw7"Read full newsRead More

Call buying has been hot on ZUMZZumiez Inc. (NASDAQ:ZUMZ) is one winner today on Wall Street, up 3.3% at $34.14, thanks to the company's holiday sales update. The strong numbers prompted the retailer to increase its guidance for the quarter, likely increasing the chances it announces another earnings win when it reports in March. Specifically, ZUMZ shares have gained more than 11% after each of th...Read More

Goldman Sachs hiked its price target on NFLX to $450 from $400Streaming service Netflix Inc (NASDAQ:NFLX) is inching lower this morning, now down 0.6% to trade at $336.94, despite a price-target hike to $450 from $400 at Goldman Sachs. The revised price represents a healthy 32.8% upside to Monday night's close of $338.92, and the brokerage firm said it expects fourth-quarter results that are "well...Read More

"Hummingbird Resources (#HUM) announces that it has achieved its 2019 full-year production guidance of 110-125,000 ozs, having produced 115,649 ozs in the year.https://t.co/xynrFPfhR8"Read full newsRead More

"Chesterfield Resources (#CHF) up 6% as it reveals that it has begun a percussion drilling programme at its Troodos West prospect in Cyprushttps://t.co/3eNT2zec4l"Read full newsRead More

"Emmerson (#EML) reveals that it has finalised the Feasibility Study components for the connection to road networks at its Khemisset potash projecthttps://t.co/foucQlagxw"Read full newsRead More

Most analysts are bullish on Take-Two, thoughThe shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) are down 1.5% to trade at $126.41 today, after a downgrade from Stephens. The brokerage firm cut its rating on the video game company to "equal-weight" from "overweight," while trimming its price target to $110 from $145. Interestingly, the analyst in coverage is still bullish on video gam...Read More

Wells Fargo's profits for its fourth quarter dropped 55% from last yearThe shares of Wells Fargo & Co (NYSE:WFC) are struggling today. The bank concern stepped into the earnings confessional with adjusted fourth-quarter earnings of 93 cents per share, lower than the $1.12 estimates and down 55% year-over-year due to mounting legal costs and a lower interest rate environment. The firm also posted r...Read More

JPMorgan's results impressed investorsU.S. stock futures are trading near fair value this morning, signaling a flat start to the day for equities as earnings season gets underway with reports from the big banks. Most notably, Dow Jones Industrial Average (DJI) component JPMorgan Chase (JPM) is set to gain thanks to record annual profits, while sector peer Wells Fargo (WFC) is moving in the other d...Read More

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), is pleased to announce the appointment of Mr. Jamie Kitson as VP Sales Canada for Siyata Mobile. Mr. Kitson has a successful track record in exceeding targets, with proven results in both the private and public sectors within the telecommunications space, including senior roles with Bell Mobility, Ro...Read More

"Here Come The Banks: Strong Q4 Profit Growth Forecast For JPMorgan, Citigroup. Keep reading: https://t.co/eims71BpuR #stocks #finance #markets"Read full newsRead More

"$TMO - Thermo Fisher Scientific, Inc. (TMO) Presents at 38th Annual J.P. Morgan Healthcare Conference (Transcript). Keep reading: https://t.co/sKjZRtXjhK #stockmarket #investing #economy"Read full newsRead More

"$ALB - Albemarle: Bright Future Despite Near-Term Headwinds. Get more info on Seeking Alpha: https://t.co/GnBD4tSDcH #investing #economy #stockmarket"Read full newsRead More

Radomiro Tomic copper mine in Chile. (Image courtesy of Codelco via Flickr) On Monday in New York, copper for delivery in March closed the day near $2.8640 a pound ($6,314 a tonne), an 8-month high and up 3% from 2019's closing level. The US Treasury on Monday lifted China's designation as a currency manipulator, paving the way for the signing on Wednesday of a phase-one trade deal with China. Ch...Read More

The three-month copper price on the London Metal Exchange was higher at the close of trading on Monday January 13, settling at a nine-month high against moderate volumes traded, while aluminium futures stagnated despite tumbling exchange stocks.Copper's underlying price on the LME closed at $6,290 per tonne on Monday afternoon, its highest settlement price since April 2019, while its daily trading...Read More

The three-month nickel price on the London Metal Exchange improved during morning trading on Monday January 13, with upward momentum supported by a fresh cancelation of some 4,434 tonnes, while continued outflows did little to move a steady aluminium price. Nickel's outright price on the LME was recently seen up by 0.5% at $14,295 per tonne, while trading volumes topped the complex over the mornin...Read More

China's new policy to rename certain copper scrap, brass scrap and aluminium scrap as "recyclable raw materials" will take effect in July 2020, according to an official document seen by Fastmarkets. The criterion for eligibility has been approved by bureaus including the State Administration for Market Regulation and will be publicly announced in the next 20 days. Well informed sources told Fastma...Read More

Here are five Fastmarkets MB stories you might have missed on Monday January 13 that are worth another look.Sentiment in the global long steel market has become more positive "especially after the announcement that a trade deal between the [United States] and China will be signed," the International Rebar Producers & Exporters Association (Irepas) said last week.International auditing and advisory...Read More