COLM has toppled two key trendlines this weekOutdoor apparel maker Columbia Sportswear Company (NASDAQ:COLM) got a dose of good news this morning, after it was announced the stock would join the S&P MidCap 400. Columbia will replace Uniti Group (UNIT), effective next Monday, Dec. 23. In response, COLM is up 5.6% to trade at $100.03 today. For the past three months, Columbia stock has faced stiff...Read More
Call trading has remained red hot on TWTRTwitter Inc (NYSE:TWTR) stock is up 1% at $31.01, even after Citigroup cut its price target to $36 from $45. The social media name is instead getting a boost from broader-market tailwinds, which should be good news for a number of TWTR options traders. More specifically, calls have been very popular on Twitter, something we noted earlier this month, as well...Read More
"Thor Mining (#THR) becomes aware of a public document that reports on findings of IP surveys that suggest targets for Kapunda style mineralisation extend up to 4.5km south of the known resource at its part-owned Kapunda project.https://t.co/qsrxznC1Nr"Read full newsRead More
"Rockfire Resources (#ROCK) high-grade gold has been intersected in the final two drill holes to test beneath the gold resource at the Company's 100%-owned Plateau Gold Deposit in Queensland, Australia.Follows strong run for firm at the project.https://t.co/honuaGsZlm"Read full newsRead More
"Cora Gold (#CORA) down 5% as it announces that the results of its initial scoping study for its Sanankoro gold project in Southern Mali are expected in early January 2020.https://t.co/kjSs8fYY18"Read full newsRead More
The House is expected to vote for two articles of impeachment today against the PresidentA day after the S&P 500 Index (SPX) hit fresh record highs, stocks look set for a slow start this morning. Dow Jones Industrial Average (DJI) futures are flat ahead of the opening bell, as China trade deal tailwinds from last week could be starting to wear off, while weak overseas trading and disappointing F...Read More
One aspect of contrarian trading looks at outperforming stocks surrounded by negative sentiment You might be familiar with our contrarian philosophy of trading. In short, as contrarians, we look for stocks that have had bullish stock price action and despite that, investors continue to have doubts and negative feelings about the stock. The idea is that the large number of doubters represents a lot...Read More
(Updates with closing prices) By Peter Hobson LONDON, Dec 18 (Reuters) - Copper prices dipped from theprevious session's 7-month high on Wednesday as data showingrecord Chinese production of the metal helped persuade investorsto pause for breath after a rapid rally.Benchmark copper on the London Metal Exchange (LME)did not trade in closing rings, but was bid down 0.5% at $6,172a tonne after touchi...Read More
"$KHC - Kraft Heinz Company Could Potentially Spin Off Kraft As A Separate Company. Read more and sign up for updates: https://t.co/36CpWU2iXN #trading #business #markets"Read full newsRead More
"$CTAS - Cintas Corporation (CTAS) Q2 2020 Results - Earnings Call Transcript. Continue reading: https://t.co/m9KeuSoq9y #trading #stocks #markets"Read full newsRead More
"Equinox Gold and Leagold Mining plan to merge in the new year, creating what Equinox Chairman Ross Beaty describes as "one of the world's largest gold companies operating entirely in the Americas." https://t.co/QnK9QBe69P #merger #gold #mining #investing"Read full newsRead More
"$PKO - PKO: Despite Expensive Price, Shares Keep Pushing Higher. Read more and get updates on any stock! https://t.co/2kSF3ZDdWc #stockmarket #trading #investing"Read full newsRead More
"We're pleased to have HotChili on board for #MJSSydney2020#HotChili is one of the top ASX listed copper developers with advanced Chilean coastal range portfolio and resource base of 1.5Mt copper and 1Moz gold already established at its #Productoraproject https://t.co/Crsj6xrUsC"Read full newsRead More
"$BLK - BlackRock: A Review Of One Of My Favorite Dividend Stocks. Read more and sign up for updates: https://t.co/t62aR7UNwy #markets #business #economy"Read full newsRead More
"$PGTI - PGT Innovations To Diversify With NewSouth Window Solutions Acquisition. Sign up for updates on Seeking Alpha! https://t.co/pH9TgpG0Tu #economy #investing #stockmarket"Read full newsRead More
"$RNKLF - RNC Minerals: Gold Production Soars In November. Subscribe to Seeking Alpha for more: https://t.co/OQdAcRXouH #trading #investing #stocks"Read full newsRead More
All segments of the metals industry - especially aluminium and steel producers that supply the aerospace sector - are likely to be affected by Boeing's decision to suspend production of its grounded 737-Max airplanes in January 2020, an industry expert told Fastmarkets.Metals suppliers who provide materials to airplane parts manufacturers on shorter lead times - within three to six months - will b...Read More
A summary of base metals premiums from across the globe for the week to Tuesday December 17.Please click...Read More
The nickel price closed down more than 1.6% on the London Metal Exchange on Tuesday December 17, seemingly succumbing to inventory pressure.The three-month price ended at $13,960 per tonne after stocks in LME-listed warehouses rose by another 6,090 tonnes.The contango in the benchmark cash/three-month spread widened to $61 per tonne this afternoon from $41.25 per tonne earlier today and $57 per to...Read More
Here are five Fastmarkets MB stories you might have missed on Tuesday December 17 that are worth another look.Import prices for steel slab in Southeast Asia and East Asia were stable during the past week, as suppliers' attempts to achieve higher prices failed despite the recovery in downstream hot-rolled coil prices.Market observers do not expect planned interruptions to power supply in South Afri...Read More