Recent News

Red Pine Exploration Inc. Announces Closing of C$3,779,722 Private Placement Financing and Welcomes Alamos Gold as...

December 31, 2019 / twitter.com

"Red Pine Exploration Inc. Announces Closing of C$3,779,722 Private Placement Financing and Welcomes Alamos Gold as a Strategic Investor https://t.co/0vIemJcWZQ @RedPineExpl #ResourceNews #Gold $RPX"Read full newsRead More

3 Weed Stocks Lighting Up the Options Pits

December 31, 2019 / www.schaeffersresearch.com

Pot stocks are on fire todayWeed stocks are running red hot today, with the shares of Canopy Growth Corp (NYSE:CGC), Cronos Group Inc (NASDAQ:CRON), and Tilray Inc (NASDAQ:TLRY) all notably higher. While no specific catalyst has been identified, it's possible short sellers may be covering their massive positions on the three names. Whatever the reason, the price action has options traders in overd...Read More

Seahawk Ventures Inc. Completes First Tranche of Financing

December 31, 2019 / bit.ly

Seahawk Ventures announces that it has closed the first tranche of its non-brokered private placement announced in its press release of December 20.Read full newsRead More

Permits are being applied for and drilling companies are being contacted for quotations. #Colibri will provide guid...

December 31, 2019 / twitter.com

"Permits are being applied for and drilling companies are being contacted for quotations. #Colibri will provide guidance to the market as permits are received and when a drilling contract has been awarded$CBI #Gold #Sonora #ColibriResource #MomentumStockshttps://t.co/V4PV6hSb8F"Read full newsRead More

Dow Moves Lower on New Year's Eve

December 31, 2019 / www.schaeffersresearch.com

The Dow and S&P are pacing for a second straight day in the redStocks are struggling for upside today amid lackluster trading ahead of the New Year's holiday tomorrow. The Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) were all last seen nursing modest losses, as the former two indexes eye a second straight down day while it would be a third straight loss for...Read More

Stocks and players with the most insider buying in 2019

December 31, 2019 / www.canadianinsider.com

We end off the year by tallying up the companies and insiders who had the most net public-market buying in 2019. We are only looking at beneficial buying, so if an insider is buying on a control or direction basis that won't get counted as it is a trade for someone's benefit (or potential loss). The amounts are in millions of dollars, and the year-to-date (YTD) returns are as of December 29th. We...Read More

Beware This Pharma Stock Next Month

December 31, 2019 / www.schaeffersresearch.com

The stock has averaged the worst January loss on the S&P over the last 10 yearsThe U.S. stock market is set to wrap up the year with big monthly and annual gains, with the S&P 500 Index (SPX) pacing toward returns of 2.6% for December and 28.6% for 2019. Looking ahead to 2020, bulls may want to take a closer look at streaming giant Netflix (NFLX), which has been one of the best stocks to own in Ja...Read More

NVDA Gets Another Bull Note to End 2019

December 31, 2019 / www.schaeffersresearch.com

Analysts have cheered NVDA's recent run higherFew stocks have benefited from the trade tailwinds as much as chipmaker Nvidia Corporation (NASDAQ:NVDA), and the shares are in focus again today thanks to another bull note. This time it was Benchmark that weighed in, raising its price target to $275 from $240. This doesn't quite represent record-high territory for the shares, as they traded up to $29...Read More

good natured Products Inc. Announces First Tranche Closing of Convertible Debenture Financing

December 31, 2019 / kincommunications.com

Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM") and Integral Wealth Securities Ltd. (the "Agent") today announced the successful completion of the closing of a first tranche (the "First Tranche") of its brokered private placement offering (the "Offering") of convertible debenture units (the "Units") announced on October 10, 2019 for aggregate gross proc...Read More

Price-Target Cuts Galore For CLB After Forecast Cuts

December 31, 2019 / www.schaeffersresearch.com

Three brokerages have trimmed their price targets in responseOne of the worst stocks on the New York Stock Exchange (NYSE) today is Core Laboratories N.V. (NASDAQ:CLB). The oil name is down 20% to trade at $38.05, at last check, after the company trimmed its fourth-quarter estimates, its 2020 first-quarter forecast, and its quarterly dividend. At least four brokerages have issued price-target...Read More

NDX Indicator Puts Splunk, Hasbro in Focus

December 31, 2019 / www.schaeffersresearch.com

Looking at stocks that have been added and removed from the NDXThe Nasdaq-100 Index (NDX) is made up of the largest non-financial companies. They recently carried out their annual rebalancing, adding six companies and removing six. The tables below show the six additions and removals, along with their 2019 returns and analyst buy percentages, according to Zacks. It turns out this is a good indicat...Read More

Visa Heads Into the New Year Near a Major Market Cap

December 31, 2019 / www.schaeffersresearch.com

The credit card concern has been one of the best Dow stocks in 2019It's been an outstanding year for Apple (AAPL), which entered 2019 nursing the proverbial wounds of a bruising sell-off in the fourth quarter of 2018 that sent the tech giant's market cap back below the trillion-dollar level. The stock has spent the past 12 months sprinting higher, and is not only set to end the calendar year boast...Read More

Stock Futures Quiet on Last Trading Day of Decade

December 31, 2019 / www.schaeffersresearch.com

All three benchmarks are wrapping up a year of big gainsIn the wake of the market pullback yesterday, Dow Jones Industrial Average (DJI) futures are drifting below fair value on the last trading day of the year and decade. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) have also slipped into the red, taking a final breather on a banner year of gains across the board. In geopolitica...Read More

TORC Stock Pops on Morgan Stanley Stake

December 31, 2019 / www.schaeffersresearch.com

Morgan Stanley just took an 8.8% passive stake in resTORbioPharmaceutical concern resTORbio Inc. (NASDAQ:TORC) is eyeing its biggest one-day percentage gain in over a month this morning, following news that Morgan Stanley took an 8.8% passive stake in the company. The stock is up 10.5% ahead of the bell in response, set to break out above recent consolation near the $1.25 area. Prior to a mid-Nov...Read More

Across-The-Board Gains Last Week For The Major Asset Classes. Read more and sign up for updates:...

December 31, 2019 / twitter.com

"Across-The-Board Gains Last Week For The Major Asset Classes. Read more and sign up for updates: https://t.co/2CafH3ipYd #stocks #finance #economy"Read full newsRead More

LIVE FUTURES REPORT 30/12: LME base metals lack fresh direction; nickel price ignores rising stocks

December 31, 2019 / www.metalbulletin.com

The benchmark three-month nickel price on the London Metal Exchange was the standout of the base metals complex, continuing to edge higher at the close on Monday December 30 and ignoring rising stock levels. The nickel price closed at $14,315 per tonne, up $105 from Friday's close. It traded in a $200 range throughout the day, earlier hitting a high of $14,365 per tonne. Despite being the only bas...Read More

Copper scrap discount narrows for China after consumers return with Q1 2020 quotas

December 31, 2019 / www.metalbulletin.com

The discount for copper scrap imported into China has narrowed in December because Chinese consumers returned to the spot market to fill quotas granted for the first quarter of 2020. Fastmarkets assessed the copper scrap No2 copper (birch/cliff) imported into China 94-96%, LME/Comex discount, cif China at 35-40 cents per lb on Monday December 30. That compared with 38-40 cents per lb a month...Read More

Lead concentrate TCs pare gains in December; zinc conc terms rise

December 31, 2019 / www.metalbulletin.com

The spot lead concentrate treatment charge (TC) dropped in December in the first downward movement for six months.Lead concentrate TCs had tripled over the past half-year as an arbitrage that enticed Chinese buying for years finally closed. Fastmarkets assessed lead spot concentrate TC, high silver, cif China at $150-170 per tonne on December 27, down from $170-185 per tonne in November but u...Read More

This past week in gold

December 31, 2019 / www.321gold.com

Jack ChanPosted Dec 30, 2019Gold 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.Gold sector as represented by $HUI is on a short-term BUY signal.Short-term signals can last for weeks and are more suitable for traders.Speculation remains high despite the recent pullback.Speculation is at a reasonable level to resu...Read More

Lead concentrate TCs pare gains in December; zinc conc terms rise

December 31, 2019 / www.metalbulletin.com

The spot lead concentrate treatment charge (TC) dropped in December in the first downward movement for six months.Lead concentrate TCs had tripled over the past half-year as an arbitrage that enticed Chinese buying for years finally closed. Fastmarkets assessed lead spot concentrate TC, high silver, cif China at $150-170 per tonne on December 27, down from $170-185 per tonne in November but u...Read More

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