Recent News

Call Buying Nears Extreme Levels on Lululemon

December 03, 2019 / www.schaeffersresearch.com

Peak open interest on LULU is in the weekly 12/6 seriesLululemon Athletica Inc. (NASDAQ:LULU) has had a great 2019, soaring 85.5% and hitting an all-time high of $229.65 last week before closing yesterday at $225.53. More bullish analyst attention is coming through on the outperforming retailer, and this matches the sentiment seen in the options pits, where traders have seemingly been betting on m...Read More

BOLD Stock Doubles on Astellas Buyout

December 03, 2019 / www.schaeffersresearch.com

The offer means Astellas is buying Audentes for around $60 per shareGene therapy concern Audentes Therapeutics Inc (NASDAQ:BOLD) has more than doubled this morning, surging 104.9% to trade at $58.63, on news that Japan-based drugmaker Astellas Pharma is set to buy the company in a $3 billion cash deal. BMO and Wedbush both lifted their price targets to the per-share buyout price of $60 in response...Read More

Lyft Stock Drives Lower on Analyst Price-Target Cut

December 03, 2019 / www.schaeffersresearch.com

LYFT has struggled since its March IPORide-hailing service Lyft Inc (NASDAQ:LYFT) is down 1.6% this morning at $46.63, sinking lower on the back of a late-night bear note from Piper Jaffray. Analyst Alexander Potter cut his price target by $19 to $60, though the adjustment still sits 26.6% above Monday night's close at $47.39. Potter also stated that LYFT has a "more believable path to profitabili...Read More

Select Sands America Announces Transload Operations in George West, Texas Serving the Eagle Ford Basin.

December 03, 2019 / kincommunications.com

Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") is pleased to announce that the Company will start transload operations in George West, TX in Live Oak County in January of 2020. As a supplier of high quality Northern White Sands, the proximity of its mine in Arkansas gives the Company a distance advantage when compared to sources in the upper mid-west. Selec...Read More

Dow Futures Drubbed by Trump Trade Rhetoric

December 03, 2019 / www.schaeffersresearch.com

The White House is also wrestling with France on tariffsAfter the market kicked off December on a sour note, Dow futures are now staring at an over 200-point drop, pivoting away from earlier gains after President Donald Trump'sremarks at a London news conference. Speaking ahead of a NATO meeting, Trump's noted he "like[s] the idea of waiting until after the [2020] election for the China deal,"cast...Read More

RT @JReade_WGC: Important news, long anticipated, from India about the #gold jewellery market.

December 03, 2019 / twitter.com

"Govt makes gold hallmarking mandatory from Jan 15, gives jewellers 1 year to comply with the new norm. @Manisha3005 with #CommodityCorner https://t.co/hbOS2Cs1tC"Read full newsRead More

The Missing Ingredient for a VIX Melt-Up?

December 03, 2019 / www.schaeffersresearch.com

Context is everything when it comes to the fear index, so watch this sentiment indicator carefullyThe notion of the Cboe Volatility Index (VIX) being "high" or "low" is, as you're likely aware, entirely a matter of context. During calendar years 2010 through 2016, the average daily VIX reading was 17.92 -- not sky-high by any means, but still a figure that would have seemed downright panicky durin...Read More

Tuesday on INK Ultra Money: Will software multiples have a soft landing? Plus, the rise of digital assets, an insider view

December 03, 2019 / www.canadianinsider.com

Here is what's new today on INK Ultra Money. All Canadian Insider users have access to free videos and audio, while Canadian Insider Club Ultra members have access to premium videos from Real Vision and INK Research.1. Are software multiples set for a soft landing? - INK Research (free audio and Ultra member video)Bond yields rose on Monday despite poor US economic data. If bond yields have bot...Read More

Utilities: At Current Prices Be Patient, Look For Further Pullbacks, And Stick With Utility ETFs. Keep reading:...

December 03, 2019 / twitter.com

"Utilities: At Current Prices Be Patient, Look For Further Pullbacks, And Stick With Utility ETFs. Keep reading: https://t.co/Z6JZ1XAWco #stockmarket #finance #economy"Read full newsRead More

$XOUT - XOUT: Skeptical About Alpha Generation Potential. Read more and sign up for updates:...

December 03, 2019 / twitter.com

"$XOUT - XOUT: Skeptical About Alpha Generation Potential. Read more and sign up for updates: https://t.co/JjJK7fVh10 #economy #business #stockmarket"Read full newsRead More

$M - Macy's: Property Monetization Could Boost Shareholder Value. Read more and get updates on any stock!...

December 03, 2019 / twitter.com

"$M - Macy's: Property Monetization Could Boost Shareholder Value. Read more and get updates on any stock! https://t.co/RJDj6Lg0bm #stockmarket #finance #business"Read full newsRead More

My 20 Highest Rated Dividend Stocks: No. 8 Through No. 5. Read more and sign up for updates:...

December 03, 2019 / twitter.com

"My 20 Highest Rated Dividend Stocks: No. 8 Through No. 5. Read more and sign up for updates: https://t.co/R8wKuJV1wR #stocks #trading #finance"Read full newsRead More

IN CASE YOU MISSED IT: 5 key stories from December 2

December 03, 2019 / www.metalbulletin.com

Here are five Fastmarkets MB stories you might have missed on Monday December 2 that are worth another look.United States President Donald Trump has imposed new tariffs on steel and aluminium imports from Brazil and Argentina, he said on social media platform Twitter on December 2.A major Japanese steel mill plans to raise its hot-rolled coil offers to Asian buyers by $50 per tonne on a cfr b...Read More

Spot copper concentrate TC/RCs rise; market locks in annual contracts

December 03, 2019 / www.metalbulletin.com

Spot copper concentrate treatment and refining charges (TC/RCs) increased at the end of November, with the market busy discussing annual contracts and deals.The Fastmarkets copper concentrates TC/RC index basis cif Asia Pacific ports was $53.5 per tonne/5.35 cents per lb on November 29, up from $52.2/5.22 cents on November 22.Although some miners and smelters are yet to conclude annual contra...Read More

This past week in gold

December 03, 2019 / www.321gold.com

Jack ChanPosted Dec 2, 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 resum...Read More

LIVE FUTURES REPORT 2/12: LME base metals prices buoyed by weaker dollar

December 03, 2019 / www.metalbulletin.com

Base metals' three-month prices on the London Metal Exchange were buoyed by a weaker US dollar index, despite negative macro sentiment brought on by weaker-than-expected US data at the close on Monday December 2.The US dollar index traded down 0.46% at 97.42 this afternoon, exacerbating already negative macro sentiment from poor data in the region.The United States purchasing managers index (PMI)...Read More

IN CASE YOU MISSED IT: 5 key stories from December 2

December 03, 2019 / www.metalbulletin.com

Here are five Fastmarkets MB stories you might have missed on Monday December 2 that are worth another look.United States President Donald Trump has imposed new tariffs on steel and aluminium imports from Brazil and Argentina, he said on social media platform Twitter on December 2.A major Japanese steel mill plans to raise its hot-rolled coil offers to Asian buyers by $50 per tonne on a cfr b...Read More

Spot copper concentrate TC/RCs rise; market locks in annual contracts

December 03, 2019 / www.metalbulletin.com

Spot copper concentrate treatment and refining charges (TC/RCs) increased at the end of November, with the market busy discussing annual contracts and deals.The Fastmarkets copper concentrates TC/RC index basis cif Asia Pacific ports was $53.5 per tonne/5.35 cents per lb on November 29, up from $52.2/5.22 cents on November 22.Although some miners and smelters are yet to conclude annual contra...Read More

IN CASE YOU MISSED IT: 5 key stories from December 2

December 03, 2019 / www.metalbulletin.com

Here are five Fastmarkets MB stories you might have missed on Monday December 2 that are worth another look.United States President Donald Trump has imposed new tariffs on steel and aluminium imports from Brazil and Argentina, he said on social media platform Twitter on December 2.A major Japanese steel mill plans to raise its hot-rolled coil offers to Asian buyers by $50 per tonne on a cfr b...Read More

Conclusions from Fastmarkets' consultation on daily cobalt pricing

December 03, 2019 / www.metalbulletin.com

From Monday February 3, 2020, Fastmarkets will publish its price assessments for standard and alloy-grade cobalt, in-whs Rotterdam, on a daily basis.Here, Fastmarkets summarizes the feedback received as part of an extensive market consultation and details how that feedback informed the conclusion to increase the publication frequency of its benchmark price assessments.Purely in number, responses s...Read More

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