The S&P is running back up toward the 20% year-to-date return levelLast Friday's losses were reversed today as investor optimism ramped up over earnings season and a potential U.S.-China trade deal. Specifically, Chinese Vice Premier Liu He announced over the weekend that both sides were making "substantial progress." As far as individual stocks go, Apple (AAPL) boosted the Dow after a glowing bul...Read More
"Jushi Holdings (@wearejushi) (#NEO: $JUSH.B) Appoints Two New Strategic Hires to Leadership Team [https://t.co/LXwWEm88Ih]#investing #stocks #stockmarket #trading #investors #cannabisnews #capitalmarkets #cannabis #business #potstocks"Read full newsRead More
The company reported another round of encouraging cancer drug dataWhile drug distributors like McKesson (MCK) and Cardinal Health (CAH) are swimming in red ink amid reports of eleventh-hour legal settlements over the opioid crisis, the shares of Seattle Genetics, Inc. (NASDAQ:SGEN) are near the top of the Nasdaq today. The biotech stock is pacing for its best day since July -- and just notched an...Read More
Looking at three of the worst stocks in today's tradingStocks are mostly gaining today on a positive round of trade headlines. However, three names struggling on the charts are aircraft equipment manufacturer Spirit AeroSystems Holdings, Inc. (NYSE:SPR), software firm Micro Focus International PLC (NYSE:MFGP), and medical device stock Smith & Nephew plc (NYSE:SNN). Here's a look at how SPR, MFGP...Read More
A dam collapsed at a gold mine in Russia's Krasnoyarsk region, leaving at least 15 people dead, the Ministry of Emergency Situations said on its website.Read full newsRead More
(Adds timings) By Elizabeth Piper, Kylie MacLellan and William James LONDON, Oct 21 (Reuters) - Prime Minister Boris Johnson willtry to drive the legislation needed to take Britain out of theEuropean Union through parliament in the next 10 days, or elsebreak his "do or die" pledge to leave on Oct. 31.On Monday, Johnson was forced to abandon his attempt to havea straight 'yes or no' vote...Read More
BAC options are attractively priced after earningsBank of America Corp (NYSE:BAC) is in focus today, after the financial stalwart fired the latest salvo in the brokerage wars. The company announced commission-free stock, exchange-traded fund (ETF), and options trading for loyalty program members. Bank of America joins Charles Schwab (SCHW) and TD Ameritrade (AMTD), among others, in its attempt to...Read More
(Adds timings)By Elizabeth Piper, Kylie MacLellan and William JamesLONDON, Oct 21 (Reuters) - Prime Minister Boris Johnson willtry to drive the legislation needed to take Britain out of theEuropean Union through parliament in the next 10 days, or elsebreak his "do or die" pledge to leave on Oct. 31.On Monday, Johnson was forced to abandon his attempt to havea straight 'yes or no' vote on...Read More
Deep-South announces that it has appointed Crane Ridge Investments (Pty) Ltd to review and analyze all the data and reports of the Haib Copper project.Read full newsRead More
GraniteShares Gold Trust (BAR) has delivered a flattish performance over the past week, despite a marked deprecation in the dollar, contrary to our expectations.We attribute the lack of upside in BAR to a speculative de-grossing, after the speculative community held for some months a significantly net long position in Comex gold.But the stability of gold ETF buying, despite the rebound in global...Read More
Pessimism is still surrounding the outperformerHasbro, Inc. (NASDAQ:HAS) stock is slightly in the red today at $120.78, and we are looking ahead to the toymaker's quarterly results, slated for before the bell tomorrow, Oct. 22. Below we will take a closer look at the equity's long-term performance on the charts, and see what the options market is pricing in for the stock's post-earnings move.Hasb...Read More
Sixty North Gold Mining Ltd. is pleased to announce that it has entered into an amending agreement with New Discovery Mines Ltd.Read full newsRead More
UPS has been fairly volatile overall in the past yearUnited Parcel Service Inc (NYSE:UPS) had a huge turn in the earnings confessional last quarter, jumping 8.7% the day after reporting. Traders paying attention to UPS again ahead of the company's earnings release before the open tomorrow, Oct. 22, but the options data doesn't suggest there's much optimism around the equity ahead of the event. At...Read More
Another down day for Boeing is keeping the Dow's gains in checkThe Dow Jones Industrial Average (DJI) has traded on both sides of breakeven to start the week, but was last seen modestly higher amid U.S.-China trade optimism. Despite another dismal day for scandal-laden Boeing(BA), the blue-chip index is up after Chinese Vice Premier Liu He reported "substantial progress" on trade talks over the...Read More
RBC upgraded the shares to "outperform"Pinterest Inc (NYSE:PINS) will report third-quarter earnings next Thursday, Oct. 31. Ahead of the event, PINS stock got a boost of confidence from RBC, which upgraded the equity to "outperform" from "sector perform." The analyst also hiked its price target on the shares to $35 from $30, representing expected upside of more than 38% from Friday's close of $25....Read More
A dam collapsed at a gold mine in Russia's Krasnoyarsk region, leaving at least 15 people dead, the Ministry of Emergency Situations said on its website.Read full newsRead More
A dam collapse at a gold mine in Russia's Krasnoyarsk region left at least 12 people dead, the Ministry of Emergency Situations said on its website.Read full newsRead More
Raymond James thinks AAPL could surge 20%A bull note from Raymond James had Apple Inc (NASDAQ:AAPL) trading at a brand-new all-time high of $240.28 today, and it was up 1.5% at $239.90 at last check. The analyst lifted its target price to a Street high of $280 from $250 -- a roughly 20% premium to Friday's close -- foreseeing "more stable near-term conditions"ahead of the company's iPhone 11 and S...Read More
Global central bank policy has become more supportive for gold.Falling bond yields and inflation rate outlook point to higher gold prices.Gold mining stock improvements are also starting to show up.Throughout the year, reports of gold's demise as a top-performing asset and safety vehicle have proven to be premature. Whenever gold suffers even the slightest of setbacks, the bears have attempted to...Read More
CMG has added 96% in 2019 alreadyFood chain Chipotle Mexican Grill, Inc. (NYSE:CMG) is starting the week off on the right foot, thanks to a fresh dose ofanalyst praise. Ahead of earnings, which are slated for release after the close tomorrow, Oct. 22, brokerage firm BTIG hiked its price target to $890 from $845. The analyst said margins and comparable-store sales could hit "historic levels" andex...Read More