OLED earnings are due out tomorrow eveningApple (AAPL) supplier Universal Display Corporation (NASDAQ:OLED) is enjoying a modest 0.3% lift this afternoon, last seen at $178.31 as Wall Street gears up for the company's fourth-quarter report. Slated for after the close tomorrow, Feb. 20, below we will dive into what the options market is pricing in the for the stock's post-earnings moves, and see h...Read More
"Empower Clinics (@EmpowerClinics) (#CSE: $CBDT | #OTC: $EPWCF) Launches Improved Line of #CBD Products; Confirms 2020 #Hemp Handlers Licence for #Extraction Facility in Oregon [https://t.co/aYYauuOin8]#investing #stocks #stockmarket #trading #investors #capitalmarkets #cbdoil"Read full newsRead More
"Imagination Park (@IPtechAR) (#CSE: $IP | #OTC: $IPNFF) Sponsors Legendary Boxing & MMA Cutman Stitch Duran for Wilder vs Fury 2 ??~?[https://t.co/4jaRqZlLul]#investing #stocks #stockmarket #trading #investors #news #business #tech #technology #AR #augmentedreality #mobileAR"Read full newsRead More
BLUE has shed 40% over the past 12 monthsGene therapy developer bluebird bio Inc (NASDAQ:BLUE) is down 9% at $80.64 in afternoon trading, sinking after weak fourth-quarter results and news its blood disorder therapy drug Zynteglo application was pushed back to the second-half of the year. Analysts have been far from happy with the news, BMO Capital saying the delay could send approval up to mid-2...Read More
Tesla and Apple are back in the spotlight todayThe S&P 500 Index (SPX) and Nasdaq Composite Index (IXIC) both hit record highs by midday, propped up mostly by a recovering tech sector. Specifically, Apple (AAPL) made a rebound after yesterday's steep sell-off, while Tesla (TSLA) climbed even higher on a price-target hike from Piper Sandler. Meanwhile, Apple's rebound is boosting the Dow Jones...Read More
ROKU options can be had for a bargain at the momentStreaming name Roku Inc (NASDAQ:ROKU) had a rough go of it in the earnings confessional earlier this month, shedding 6.3% the day after the report. However, that pullback could have bullish implications if history is any guide, as data from Schaeffer's Senior Quantitative Analyst Rocky White suggests the stock may be flashing a buy signal as it n...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. India: Uncaging a tiger - Real VisionAndrei Stetsenko, partner at Farley Capital, joins Real Vision to discuss how India's positive demographic tailwinds could serve as a solution to the...Read More
Options traders preferred puts on LCLendingClub Corporation (NYSE:LC) is trading down 8.1% at $12.10, following the company's quarterly earnings release and news it's buying Radius Bank in a cash-and-stock deal valued at $185 million. LC shares have been trending lower over the past year, and the 200-day moving average has acted as stiff resistance over that time. Options traders seem to be in goo...Read More
"Salt Lake Potash (#SO4) bounces after signing binding term-sheet with Mitsui & Co. for the sale of premium water soluble Sulphate of Potash from its Lake Way Project in Wiluna, Western Australiahttps://t.co/LW3ebRxBfR"Read full newsRead More
A rebound in Apple shares could help the major indexes bounce back todayU.S. stock futures are trading above fair value this morning, as the Dow Jones Industrial Average (DJI) looks to snap its three-day losing streak. Traders so far are monitoring the release of the producer price index (PPI) for January, which increased more than expected for the month. Later on, investors will be met with the F...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to report assays from the first drill hole of the winter program at the Hurricane zone. Discovered in 2018, Hurricane is a zone of high-grade uranium mineralization on the Company's 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of Saskatchewan (Figure 1).Highlights:Drill hole LE20-30 in...Read More
Piper Sandler hiked its price target on Tesla all the way up to $928 from $729After a brief pullback last week, it seems like the shares of electric automaker Tesla Inc (NASDAQ:TSLA) are on their way back up the charts. In fact, the stock is already up 7% to trade at $918.31 in electronic trading this morning, after Piper Sandler hiked its price target all the way to $928 from $729, predicting the...Read More
Historical data points to an extended rallyAfter an incredible 2019 whereby equities shook off the holiday blues of the year prior and the S&P 500 Index (SPX) gained nearly 30%, you'd be inclined to think that a consolidation of price action would be in the cards, right? Well, as it turned out, a continuation of the rally predicated on super-low interest rates and a healthy fear of missing out hav...Read More
Virigin Galactic stock has been rising rapidlyWe've continued to keep a close eye on sentiment in the markets with stocks trading at all-time highs, and lately it's been hard to ignore the rise of a few "cult" stocks in recent months. Grabbing the most headlines -- and the attention of traders on a number of social media sites -- has been Tesla (TSLA), as the shares have rocketed up the charts to...Read More
The Kami open-pit iron ore mine is located to the south of Labrador City and Wabush in the province of Newfoundland and Labrador. Credit: Alderon Iron Ore Alderon Iron Ore (TSX: IRON) has entered into a letter of intent with China's Tunghsu Group pursuant to which Tunghsu will acquire a 26% to 38% interest in the Kami Mine Limited Partnership (Kami LP) for consideration of between $15 million to...Read More
Here are five Fastmarkets stories you might have missed on Tuesday February 18 that are worth another look.Export prices for Chinese cold-rolled coil and hot-dipped galvanized coil fell during the week to February 18 amid a slowdown in domestic trading while downstream sectors gradually return to work.Increasing aluminium inventories pressured China's aluminium price amid, generally, uninterrupted...Read More
A summary of base metals premiums from across the globe for the week to Tuesday February 18.Click on...Read More
London Metal Exchange three-month base metals prices, with the exception of lead, traded down at the close on Tuesday February 18, with any residual optimism capped by negative movements in global equities markets and restrictions in Chinese markets due to the novel coronavirus (2019-nCoV) outbreak.LME nickel futures were the worst hit, trading down 2.2% to close at $12,815 per tonne on the previo...Read More
Gold futures rose more than 1% above US$1,600 an ounce and gold was worth $1,600.60/oz on the spot market at the time of writing.Palladium surged to a new record and was trading earlier at $2,536/oz on the spot market.Base metals, bar lead, sank on the London Metal Exchange yesterday.The S&P500 closed lower, as did European and Australasian indices except the Shanghai Composite Index, which ma...Read More
Indonesia will reduce its nickel ore production by 52% year on year to 25 million wet metric tonnes (wmt) in 2020, according to the Indonesian Nickel Mining Association, while introducing four new domestic smelters to produce ferro-nickel and nickel pig iron (NPI) ahead of the domestic mineral ore export ban this year.Indonesian authorities expect four new smelters to come into production in 2020...Read More