Ariana Resources (LSE:AAU) was trading at 2.32p on Monday after announcing that due diligence work has kicked off for a major joint venture (JV) over its T...Read full newsRead More
We are taking a look at three stocks with extremely active options The 20 stocks listed in the table below have attracted the highest weekly options volume during the past 10 trading days. Data is courtesy of Schaeffer's Senior Quantitative Analyst Rocky White. Stocks highlighted in yellow are new to the list, including controversial airliner Boeing Co (NYSE:BA), which saw its price target cut to...Read More
The VIX is moving higher todayThe Dow Jones Industrial Average (DJI) is modestly lower today, as traders take a wait-and-see approach ahead of this week's Fed meeting. Headlines around a U.S.-China trade deal are also in focus, with the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) last seen lingering near breakeven as well. Despite the tepid price action, a sharp move higher in the Cboe Volatil...Read More
A FDX put option could triple in the coming monthAs the holiday season hits full swing, shipping giant FedEx Corporation (NYSE:FDX) always comes into greater focus. It's looking like it could be a tough holiday season for FDX, with the stock running up to a trendline that has historically bearish implications. More specifically, FedEx stock has rallied right up to resistance at its 160-day moving...Read More
Exxon Mobil and Schlumberger just ran into historically bearish trendlinesTwo oil stocks that have been fighting to stay atop their year-to-date breakeven levels lately are blue chip Exxon Mobil Corporation (NYSE:XOM) and Schlumberger Limited (NYSE:SLB), which are up 1.7% and 2.1% for the year, respectively. These marginal gains could be short lived, however, since bearish technical signals are fl...Read More
MRK is fresh off a 19-year high from FridayDrugmaker and blue chip Merck & Co, Inc. (NYSE:MRK) made a splash on the M&A front this morning, after acquiring Massachusetts-based cancer drug developer ArQule (ARQL) for $2.7 billion cash, or $20 per share. The deal implies a premium of 107% based on ARQL's Friday close of $9.66. Analysts have been quick to comment, with Cantor Fitzgerald calling it...Read More
"After announcing plans for a JV in Turkey last month, Ariana Resources (#AAU) has revealed thatits proposed partner has commissioned an independent review of the Kiziltepe, Tavsan, and Salinbas projects.https://t.co/IXXkBekw2e"Read full newsRead More
Short interest on Activision Blizzard is at a 3-year highVideo game stock Activision Blizzard, Inc. (NASDAQ:ATVI) has managed to post a roughly 19% year-to-date gain, despite spending most of the year moving sideways, with most of the gains coming from a late-August rise. Since then, the shares have been mostly trading around the $55 area, while an earnings pullback a month ago found strong suppor...Read More
TJX has added more than 30% in 2019Shares of TJX Companies Inc (NYSE:TJX) are up 0.4% at $60.07 this morning, buzzing off a fresh price-target hike out of Cowen and Company to $71 from $64. Analyst John Kernan said the TJ Maxx parent's "impressive" new store format shows better enhancements to the consumer experience, including lighting, flooring, and shelving, with 400 stores to debut in the co...Read More
Sangamo announced promising results for its phase 1/2 study in its gene-editing treatment ST-400The shares of Sangamo Therapeutics Inc (NASDAQ:SGMO) are eyeing a three-month high of $12.25 today, up 5.1% at last check, after the firmshared promising results for its gene-editingtherapy ST-400. Specifically, the first three of the six patients tested in trials showed signs of prompt hematopoietic re...Read More
The Fed will kick off its two-day meeting tomorrowAfter markets made a frenzied push higher on Friday, stock futures appear unable to carry over the momentum into the new week. Dow Jones Industrial Average (DJI),S&P 500 Index (SPX), and Nasdaq-100 Index (NDX) futures are all signaling negative opens, as focus shifts back to the U.S.-China trade talks ahead of the Dec. 15 deadline for the Trump a...Read More
U.S.-China trade headlines sparked a surge in Wall Street's "fear gauge" last week"...this VIX floor in the 12 region poses upside volatility risk, which equity market bulls should continue to take into account. A potential bullish scenario is the VIX continuing to work higher amid little to no damage in the equity market, giving it room to work its way lower back to 12 amid a breakout from a rang...Read More
"$ED - Consolidated Edison: Earnings Growth Outshined By The Dividend. Read more and sign up for updates: https://t.co/7q8UkjenCr #markets #business #stocks"Read full newsRead More
"$BF.A $BF.B - Brown-Forman: Keeps Performing But Continues To Be Overvalued. Get more info on Seeking Alpha: https://t.co/j0d5B2ZtjJ #stocks #stockmarket #business"Read full newsRead More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), a developer and provider of cellular communications solutions for enterprise workers and first responders, today announced that it will be presenting at the 12th annual LD Micro Main Event on Wednesday, December 11 at 9:40 AM PST / 12:40 PM EST and meeting with institutions and high net worth invest...Read More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), a North American leader in plant-based food packaging & products, today announced that Paul Antoniadis, Executive Chair & CEO, will participate in the 14th Annual Best of the Uncovereds Conference on Thursday, December 12, 2019. The conference is being held at the Hilton Hotel, San Francisco Financial Dis...Read More
"$CRWD - Crowdstrike: Exceptional Growth, But At A Price. Read more and get updates on any stock! https://t.co/wngwsgIbOp #investing #business #stocks"Read full newsRead More
"$PLAN - Anaplan: Great Company But Valuation Remains A Tad High. Read more and sign up for updates: https://t.co/iwjcyFY9Sb #finance #stockmarket #stocks"Read full newsRead More
"$IPPLF - IPL Is Too Cheap For Its Juicy 8%+ Yield And Return On Investment Outlook. Read more and get updates on any stock! https://t.co/WQqHhPbQ0l #markets #stocks #investing"Read full newsRead More
Prices in the major global markets for steel billet continued to rise during the week ended Friday December 6, but buying was slower than the previous week because most mills were fully booked.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey, was $278.98 per tonne on December 6 compared with $266.08 per tonne on November 29."Suppliers have already s...Read More