CHINA-MINING/ZIJIN (UPDATE 3):UPDATE 3-China's Zijin Mining to buy Canada's Continental Gold for $1 bln amid security riskRead full newsRead More
"@PhilConnolly1 While it's good to see, one must keep in mind that it's like going to the track & betting some of your $$ on a long shot in the race. I've seen these before &Read full newsRead More
Uber stock just ran up to a historically bearish trendline It's been a pretty dismal first year as a publicly traded company from Uber Technologies Inc (NYSE:UBER). The stock has been on a choppy path downward ever since it hit a record high of $47.08 in June. In the past few months, the stock's 60-day moving average, and a disappointing third-quarter earnings report in early November, had UBER bo...Read More
Tech shares are pacing the market sell-offStocks are getting hammered again today, with the Dow Jones Industrial Average (DJI) dropping more than 400 points, to put it on pace for its worst day since early October. The selling comes after President Donald Trump suggested a trade deal with China may not happen until after the 2020 presidential election, while his tariff threats toward France are ap...Read More
Schaeffer's Senior V.P. of Research sat down for a long conversation on optionsSchaeffer's Senior V.P. of Research Todd Salamone just joined Ed Modla from the Options Clearing Corporation (OCC) on the Wide World of Options podcast. The main point of discussion was buying long call options, and the differences between buying options versus selling options.In their more than 40-minute talk, Todd bre...Read More
"Power Metal Resources (#POW) rises by a quarter after signing agreement providing an opportunity to acquire a right to earn in to a 60pc interest in the gold-prospective Alamo project in Arizona.https://t.co/ispTUnJGse"Read full newsRead More
"KEFI Minerals (#KEFI) reports 'further encouraging assay results' from the drilling programme at its Hawiah Exploration Licence in Saudi Arabia.https://t.co/jKGGHim2B8"Read full newsRead More
"Arc Minerals (#ARCM) acquires a further 5% interest in Zaco Limited (Read full newsRead More
PLUG puts are a hot commodity todayPenny stock Plug Power Inc (NASDAQ:PLUG) is taking a hit today, down 12.2% to trade at $3.29. This comes in the wake of a public stock offering of 40 million shares, with the intention to use the proceeds to offset capital expenditures. With the stock landing on the short-sale restricted list this morning, options trading has ramped up.In just the first hour of...Read More
Peak open interest on LULU is in the weekly 12/6 seriesLululemon Athletica Inc. (NASDAQ:LULU) has had a great 2019, soaring 85.5% and hitting an all-time high of $229.65 last week before closing yesterday at $225.53. More bullish analyst attention is coming through on the outperforming retailer, and this matches the sentiment seen in the options pits, where traders have seemingly been betting on m...Read More
The offer means Astellas is buying Audentes for around $60 per shareGene therapy concern Audentes Therapeutics Inc (NASDAQ:BOLD) has more than doubled this morning, surging 104.9% to trade at $58.63, on news that Japan-based drugmaker Astellas Pharma is set to buy the company in a $3 billion cash deal. BMO and Wedbush both lifted their price targets to the per-share buyout price of $60 in response...Read More
LYFT has struggled since its March IPORide-hailing service Lyft Inc (NASDAQ:LYFT) is down 1.6% this morning at $46.63, sinking lower on the back of a late-night bear note from Piper Jaffray. Analyst Alexander Potter cut his price target by $19 to $60, though the adjustment still sits 26.6% above Monday night's close at $47.39. Potter also stated that LYFT has a "more believable path to profitabili...Read More
Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") is pleased to announce that the Company will start transload operations in George West, TX in Live Oak County in January of 2020. As a supplier of high quality Northern White Sands, the proximity of its mine in Arkansas gives the Company a distance advantage when compared to sources in the upper mid-west. Selec...Read More
The White House is also wrestling with France on tariffsAfter the market kicked off December on a sour note, Dow futures are now staring at an over 200-point drop, pivoting away from earlier gains after President Donald Trump'sremarks at a London news conference. Speaking ahead of a NATO meeting, Trump's noted he "like[s] the idea of waiting until after the [2020] election for the China deal,"cast...Read More
"Govt makes gold hallmarking mandatory from Jan 15, gives jewellers 1 year to comply with the new norm. @Manisha3005 with #CommodityCorner https://t.co/hbOS2Cs1tC"Read full newsRead More
Context is everything when it comes to the fear index, so watch this sentiment indicator carefullyThe notion of the Cboe Volatility Index (VIX) being "high" or "low" is, as you're likely aware, entirely a matter of context. During calendar years 2010 through 2016, the average daily VIX reading was 17.92 -- not sky-high by any means, but still a figure that would have seemed downright panicky durin...Read More
Here is what's new today on INK Ultra Money. All Canadian Insider users have access to free videos and audio, while Canadian Insider Club Ultra members have access to premium videos from Real Vision and INK Research.1. Are software multiples set for a soft landing? - INK Research (free audio and Ultra member video)Bond yields rose on Monday despite poor US economic data. If bond yields have bot...Read More
"Utilities: At Current Prices Be Patient, Look For Further Pullbacks, And Stick With Utility ETFs. Keep reading: https://t.co/Z6JZ1XAWco #stockmarket #finance #economy"Read full newsRead More
"$XOUT - XOUT: Skeptical About Alpha Generation Potential. Read more and sign up for updates: https://t.co/JjJK7fVh10 #economy #business #stockmarket"Read full newsRead More
"$M - Macy's: Property Monetization Could Boost Shareholder Value. Read more and get updates on any stock! https://t.co/RJDj6Lg0bm #stockmarket #finance #business"Read full newsRead More