Options volume is triple the average intraday paceThe shares of eBay Inc (NASDAQ:EBAY) are trading up 1.9% at $35.80, after the company said it is selling StubHub to ticket reseller Viagogo for $4.05 billion in cash. The pop has sparked a rush of activity in EBAY's options pits, with volume running at three times the average intraday pace -- and a number of speculators targeting even more upside t...Read More
Put traders are pouncing on XRT as the holiday season approachesRetail earnings have been a point of focus in recent weeks, so we were taking a look at the sector's primary exchange-traded fund (ETF), SPDR S&P Retail ETF (XRT). As far as options data is concerned, traders have started to take a more put-skewed approach with more earnings due out this week from the sector, and of course the holiday...Read More
"@GrantMBeasley Big asset and prime location in the US. Backed by chemical giant and ALB competitor LANXESS. Exciting technology innovation. Smart guys behind that one. Will start the big pilot plant soon. Attractive valuation, takeover play."Read full newsRead More
"#CanadaCobaltWorks is pouring silver bar's just from the scraps left behind on the property.Currently drilling!#StayTuned!$CCW #Canadacobaltworks #Tesla #Cobalt #Batterymetals #Cobaltmine #tsxv #SmallCaps #StocksToWatch #FutureMetal #MomentumStocks https://t.co/WCD2nQzg3q"Read full newsRead More
Livent's subsidiary FMC - Minera del Altiplano pitched into a trust fund that allowed for the building of a 600.3-kilowatt solar farm in the Andes.Read full newsRead More
The company is slated to report earnings tonightCybersecurity name Palo Alto Networks Inc (NYSE:PANW) is up 1.2% at $249.87 this afternoon. Options traders look to be gearing up for the company's fiscal first-quarter earnings, which is slated for after the close today. On the charts, PANW has resumed its climb higher, with help from the 100-day moving average a few weeks back. Longer term, the e...Read More
"Ariana Resources (#AAU) rises 20pc after announcing a major non-binding MoU for a joint venture on its Salinbas project with a major Turkish construction and engineering company.https://t.co/uWyzJ6PdAF@ArianaResources"Read full newsRead More
Nov 22, 2019 (Baystreet.ca via COMTEX) -- Wall Street loves nothing better than a solid discount gold story… Especially at a time when gold prices...Read full newsRead More
Vancouver, British Columbia--(Newsfile Corp. - November 21, 2019) - Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) (theRead full newsRead More
Tesla CEO Elon Musk said in a tweet this weekend that 200,000 pre-orders for its Cybertruck have already been placed The shares of Tesla Inc (NASDAQ:TSLA) have turned themselves around since Friday's disastrous unveiling of its new electric pick-up truck, the Cybertruck. In fact, the stock is up 2.3% at $340.72 at last check. Options are running slightly hotter than usual today. So far 103,000...Read More
M&A headlines are in focus today, tooStocks are soaring today, with the technology sector leading the way higher on reports Beijing is seeking greater protection for intellectual property rights -- a key hurdle in U.S.-China trade negotiations. Wall Street is also sifting through an onslaught of M&A headlines, including news Charles Schwab (SCHW) will buy fellow broker TD Ameritrade (ATMD), and Fr...Read More
The movie notched $127 million in box office sales for its opening weekend The shares of Walt Disney Co (NYSE:DIS) are inching higher this morning, up 0.5% at $149.10 at last check, after "Frozen II'" collected $127 million in U.S. box office sales during its opening weekend -- making it the third biggestopening ever for an animated movie. The film's box office sales fell in line with analysts' ex...Read More
Our options-based "hedging ratio" lines up pretty well with S&P price extremesThe following is a reprint of the market commentary from the December 2019 edition of The Option Advisor, published on November 22. For more information, or to subscribe to The Option Advisor -- featuring 10 new option trades each month -- visit our online store.Not to be outdone by the stock market's run to new records,...Read More
The rate of call buying on Netflix is at multi-month highsNetflix Inc (NASDAQ:NFLX) is trading down 0.7% this morning at $308.37, following a downgrade to "underperform" from "market perform" at Wells Fargo, which also dropped its price target to $265 from $308. The brokerage firm believes the streaming company won't be profitable per subscriber until 2022, and is concern that it's still losing $2...Read More
NVDA has had a wicked climb up the charts in recent monthsChip stock Nvidia Corporation (NASDAQ:NVDA) is up 4.4% at $220.25 this morning, fresh off a 13-month high of $220.34, thanks to a raving bull note out of Morgan Stanley. The brokerage firm handed out an upgrade to "overweight" from "equal weight," and hiked its price target to $259 from $217 -- a nearly 23% premium to Friday's close of $21...Read More
"Kodal Minerals (#KOD) reveals that the Environmental and Social Impact Assessment application for its Bougouni Lithium Project in southern Mali has been approved.https://t.co/ElyJFh21yj"Read full newsRead More
"Cluff Natural Resources (#CLNR) submits multiple applications for additional licences in the UK Oil & Gas Authority's latest offshore licensing round.https://t.co/IXmeHEKrSB"Read full newsRead More
"KEFI Minerals (#KEFI) launches the Tulu Kapi Gold Project with its Ethiopian private and public sector partners at the Second International Ethiopian Mining Conference and Exhibition, currently being held in Addis Ababa. https://t.co/nlRlZX2ZKL"Read full newsRead More
Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") has entered into a negotiated arrangement, whereby it has terminated its option to purchase a 223-acre tract of land in Independence county, Arkansas. As part of the termination arrangement, the parties also agreed to release Select Sands America Corp. from its obligations under a promissory note originally securin...Read More
U.S. national security advisor Robert O'Brien predicted a trade agreement will be reached by the end of 2019Stock futures are signaling another rally today, following Friday's last minute turnaround. Dow futures are roughly 81 points above fair value after comments on Saturday from U.S. national security advisor Robert O'Brien suggested a "phase one" trade deal between the U.S. and China could be...Read More