Put buying has easily surpassed call buying in recent weekseBay Inc (NASDAQ:EBAY) is trading up 1% today at $39.20, even though Deutsche Bank this morning downgraded its rating on the e-commerce name to "hold' from "buy," while trimming its price target to $42 from $46. The brokerage note said eBay needs to differentiate its business if it wants to be able to challenge competitors like Amazon.com...Read More
Building on recent work on the topic, this article examines rolling returns of Gold, Stocks, and Bonds from the early 1970s to the current period.Over shorter horizons, Gold can outperform stocks 30%-40% of the time, but as that horizon expands to decades, Gold almost always underperforms both stocks and bonds.Gold is likely best deployed tactically in risk-off environments for stocks. Given its l...Read More
Update on markets lists eight leading countries, including US, China and UK, as vulnerableRead full newsRead More
There's a lot of pessimism surrounding HPE sharesThe shares of Hewlett Packard Enterprise Co (NYSE:HPE) are up 3.3% to trade at $15.85 this morning, after BofA-Merrill Lynch issued a rare double upgrade on the tech firm. The brokerage firm upped its rating to "buy" from "underperform," and set a price objective of $19 from $13. The brokerage firm waxed optimistic about the company's free cash flow...Read More
The FDA just approved the drug stock's topical Amzeeq treatment Shares of the dermatological concern Foamix Pharmaceuticals Ltd (NASDAQ:FOMX) are looking to start the week higher, after the firm said it received approval from the Food and Drug Administration (FDA) for its topical acne treatment Amzeeq -- a reformulated version of the antibiotic minocycline, which has limited use due to some aver...Read More
Risk sentiment in the market has improved remarkably in a short span of time.Productive US-China trade talks, strong corporate earnings, and a UK-EU Brexit deal have brought back investor risk appetite.Gold is firmly bullish, with its technical charts flashing strong Buy signals.An attractive buy entry point into gold would be now, when the market has turned risk-on and when complacency might just...Read More
A number of major companies are scheduled to report earnings this weekDow Jones Industrial Average (DJI) futures are trading above fair value this morning, as Wall Street prepares for a huge week on the earnings front. While the schedule is somewhat light today, traders also have trade talks between the U.S. and China to monitor, with White House economic advisor Larry Kudlow telling Fox Business...Read More
"Hummingbird Resources (#HUM) up 5.5pc on strong Q3 update-30,484 ozs of gold poured, (27,466 ozs in Q22019)-$849/oz AISC, ($998/oz AISC in Q22019)-Cash of $16m at period end ($8m at end of Q22019)-110-125,000 ozs prod guidance for 2019 maintainedhttps://t.co/3m7iybNpAh"Read full newsRead More
"Ariana Resources (#AAU) reveals prelim prod results for Kiziltepe mine in Turkey for q ended 30 Sept-Gold prod was 6,933oz, exceeding average annualised quarterly guidance by 11pc.-Total ore processed was 55,174ts at average grade of 4.47 g/t gold.https://t.co/HbyOsnaLE8"Read full newsRead More
"Keras Resources (#KRS) up nearly 20pc after receiving notification of a decree from a meeting of the Council of Ministers of the Republic of Togo held on 18 October 2019, permitting large scale mining at the Nayega manganese projecthttps://t.co/81Y5OVs5xJ"Read full newsRead More
"Cora Gold (#CORA) completes metallurgical testwork for Sanankoro gold discovery in Mali to a level suitable for inclusion in a scoping studyIn whole ore leach tests, all the lithological groups reported recoveries ranging from 92.4pc to 96.7pc.https://t.co/VzWeF8Ulmo"Read full newsRead More
"Horizonte Minerals (#HZM) completes $25m royalty transaction with Orion Mine Finance and subsequent drawdown of funds.Orion has provided $25m for a 2.25pc royalty on Araguaia ferronickel project, Brazil.Funding to advance pre-construction work streamshttps://t.co/VBav4uRdny"Read full newsRead More
"Cobra Resources (#COBR) signs agreement for Hagstrom Drilling to prpvide RC drilling services at its Wudinna Gold Project in W. AustraliaDeal will reduce cash cost of drilling, and will also reduce cost risk of proposed exp prog,' says firmhttps://t.co/DXSzWtoqOG"Read full newsRead More
"ValueTheMarkets will host @ArmadaleCapital in a shareholder update webinar on Friday 25 October at 12pm (BST).To join visit https://t.co/VEqd7P3eYQ or phone 44 (20) 7048 4146 and provide participant pin 947223 followed by the # key.#ACP @ValueTheMarkets"Read full newsRead More
The sentiment backdrop favors an SPX breakout, even as the index trades near the top of its range"...the SPX enters options expiration week just below another layer of historical resistance: the round 3,000 millennium mark, which is just below the SPX's 20% year-to-date (YTD) gain at 3,008. Bonds, as represented by the iShares 20+ Year Treasury Bond ETF (TLT - 140.44), experienced a sharp retreat...Read More
Here is what's new today on INK Ultra Money.Gold vs. Bitcoin: What Can Save You? - Real Vision (Free video)Positioning for gloom and boom with ATCO - INK Research (Subscriber video, free audio)Should every portfolio have a little exposure to bitcoin? - Real Vision (Subscriber video)Continue reading for links and summaries of each episode.1. Gold vs. Bitcoin: What Can Save You? - Real VisionA spot...Read More
"$JJCTF - JJCTF: Weakness Out Of Sync With The Refined Copper Market Deficit. Get more info on Seeking Alpha: https://t.co/WYZGP8RAkS #business #economy #investing"Read full newsRead More
"$PLD - Prologis: Rent Growth Overshadowed By High Valuation. Follow this and any other stock on Seeking Alpha! https://t.co/ABQCm1pW3N #business #investing #stocks"Read full newsRead More
"$GM - GM's Bolt Experience Is Shaping Its New Electric Vehicle Strategy. Get more updates here: https://t.co/pXi6NhRFJ5 #stocks #economy #business"Read full newsRead More
"$GOOS - Canada Goose: Be Prepared For An Earnings Swing Trade Opportunity. Follow this and any other stock on Seeking Alpha! https://t.co/UuxFnC7o1w #investing #markets #stocks"Read full newsRead More