CGC and DDS options volume has ramped up todayStocks are trending lower today, as Wall Street weighs blue-chip earnings amid growing U.S.-China trade uncertainty. Among three names making notable moves today are cannabis concern Canopy Growth Corp (NYSE:CGC), coal stock Contura Energy Inc (NYSE:CTRA), and retailer Dillard's, Inc. (NYSE:DDS). Here's a quick look at what's moving the shares of CGC,...Read More
Options players are targeting December puts today While Slack Technologies Inc (NYSE:WORK) doesn't report its third-quarter earnings for another two weeks on Dec. 4, it looks as if the options pits are already gearing up for even more downside for the struggling stock, which is now off roughly 50% since going public back in late June. While WORK's 10-day call/put volume ratio at the the Internati...Read More
"Defense Metals (@DefenseMetals) (#TSXV: $DEFN | #OTCQB: $DFMTF) Drills 3.12% Total #RareEarth (#REE) Oxide Over 105 Metres [https://t.co/R1TuxnIg5L]#investing #stocks #stockmarket #trading #investors #capitalmarkets #business #miningstocks #mining #resources #miningrocks"Read full newsRead More
"Osino (@OsinoResources) (#TSXV: $OSI) Releases Assays for First Part of In-Fill Drilling at Twin Hills, Namibia[https://t.co/PVnX5ljlbY]#investing #stocks #stockmarket #trading #investors #capitalmarkets #business #miningstocks #mining #resources #miningrocks #miningstox #gold"Read full newsRead More
"Yield Growth (@yieldgrowth) (#CSE: $BOSS | #OTCQB: $BOSQF) Sends 1st Shipment of Products to Europe; Adds Bulgaria, Romania and Serbia to Distribution [https://t.co/iyyw7QCh1p]#investing #stocks #stockmarket #trading #investors #capitalmarkets #plantbased #business #CBD"Read full newsRead More
Golden Predator Mining Corp. today announced that is has retained Kappes, Cassiday & Associates to complete a fast-track Feasibility Study.Read full newsRead More
"Aftermath Silver (#TSXV: $AAG | #OTCQB: $FLMZF) Closes $3.3M Financing, Incl. $2.98M Investment by Eric Sprott [https://t.co/1ADz2X25kR]#investing #stocks #stockmarket #trading #investors #capitalmarkets #business #miningstocks #mining #resources #silver #moneymoves #miningstox"Read full newsRead More
Maxim also set a $190 price target on AAPL stockMaxim downgraded Apple Inc. (NASDAQ:AAPL) stock to "sell" from "hold," and established a $190 price target on the tech shares -- a 28% discount to last night's close. The brokerage firm also forecast a 5% year-over-year drop in iPhone revenue and a 2% annual decline in total operating profits, and labeled expectations the tech giant could transform t...Read More
Lumentum Holdings stock just sounded a bearish signalShares of Huawei supplier Lumentum Holdings Inc (NASDAQ:LITE) hit a 14-month peak of $68.25 earlier, and were last seen trading near $68.23. The stock has been climbing higher over the long term, but history suggests it might be time to position for a LITE pullback. According to data from Schaeffer's Senior Quantitative Analyst Rocky White, the...Read More
Macy's, Target, and Lowe's will also unveil quarterly results next weekWe're coming up on the last full week of trading in November, and with the holiday shopping season right around the corner, retail earnings will start to roll in quickly. Among some of the more notable names stepping up to the plate are Home Depot (HD), Macy's (M), and Target (TGT). The Fed will also be on Wall Street's radar f...Read More
Gold Fields Ltd. said the turnaround of South Deep opens the way for the company to do a deal at its last South African mine.Read full newsRead More
"Greatland Gold (#GGP) announces positive final drill results and new geophysical targets from Black Hills.Findings confirm the presence of high-grade gold mineralisation at the Saddle Reefs prospect, including 1m @ 10.96g/t gold from 35mhttps://t.co/vRMuKZxQbV"Read full newsRead More
NVDA options are attractively priced at the moment, tooEarnings season isn't over yet. After the close tonight, semiconductor concern Nvidia Corporation (NASDAQ:NVDA) will step into the earnings confessional for its third-quarter report. Ahead of the event, NVDA is down 0.3% to trade at $208.01 today, up 40% in the past three months, with its ascending 10-day moving average providing support sinc...Read More
Trump chimed in on Walmart earningsThe Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) are trading lower today, retreating from Wednesday's record-high closes. Growing concerns surrounding U.S.-China trade negotiations, as well as a negative earnings reaction for Cisco Systems (CSCO) stock, is creating headwinds, though losses are modest on Walmart's (WMT) post-earnings pop -- with the...Read More
A bear signal flashing for Macy's stock points to more downside ahead of Black FridayDepartment store name Macy's Inc (NYSE:M) is gearing up for a wild next couple of weeks, with the Nov. 29 Black Friday event just around the corner, and its third-quarter earnings report due out before the open on Thursday, Nov. 21 next week. Today, the stock is getting a halo lift from Walmart's (WMT) strong earn...Read More
13 brokerages have cut their price targets todayAt the bottom of the Dow this morning sits Cisco Systems, Inc. (NASDAQ:CSCO), down 6.2% to trade at $45.44. While the software name's adjusted first-quarter earnings per share of 84 cents on $13.16 billion in revenue topped forecasts, Cisco issued a weaker-than-expected current quarter guidance. The report also cautioned of a slowdown in technology s...Read More
"Avesoro Resources (#ASO) says financial performance was impacted by previously announced operational issues in Q3 2019.However, major shareholder has reconfirmed commitment to the business.https://t.co/XaZRtCvQ53"Read full newsRead More
"Jangada Mines (#JAN) receives CAD$1m more in cash from ValOre Metals relating to the latter's purchase of its Pedra Branca project in Brazil.https://t.co/LkHuIneAnS"Read full newsRead More
"Oriole Resources (#ORR) announces that its board will move to remuneration by share options rather than a salary for a limited term to allow more cash conservation.https://t.co/1Eb8az2Xt6"Read full newsRead More
Ford's $10 level will be worth watching for options traders in the coming weeks Yesterday we took a look at some data on the Automobiles and Parts sector, noting that almost all of the names in the group are trading above the 80-day moving average. What we didn't mention, though, was that the one name that isn't atop its 80-day trendline is Ford Motor Company (NYSE:F), which has actually seen con...Read More