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
"IronRidge Resources (#IRR) reports multiple high-grade reverse circulation drilling intersections from third phase drilling at the Ewoyaa, Abonko and Kaampakrom projects within the Cape Coast Lithium Portfolio in Ghana, West Africahttps://t.co/Z5CBXHSMc8"Read full newsRead More
Answering Mining's Big QuestionsRead full newsRead More
That's a $14.6 million for Tesla's bank account just for preordersRead full newsRead More
Traders who bought the April 2013 breakout might be looking to take profitsAfter six consecutive weeks of gains in which the S&P 500 Index (SPX - 3,110.29) advanced 5.7% to a record high, the index finally gave up ground last week. But the 10-point pullback is hardly noticeable, as the SPX closed the week above both the round 3,100 century mark and its 10-day moving average. $SPX 3,130 area is rou...Read More
"$FET - Forum Energy Technologies: International Operations Can Provide The Relief. Read more: https://t.co/Dev77x8gcU #trading #finance #stocks"Read full newsRead More
"$PH - After A 20% Gain, Parker-Hannifin Is No Longer Attractive. Follow this and any other stock on Seeking Alpha! https://t.co/PrYkmxDhdI #markets #trading #investing"Read full newsRead More
"$DTLA.P - Waiting For Godot's Dividend Could Pay Off For Patient Investors In Brookfield DTLA Office Trust Preferreds. Get more updates here: https://t.co/pF6u63L8Tk #markets #stockmarket #business"Read full newsRead More
The premium for aluminium billet in the US and Italy continued to hit record lows, with poor fundamentals putting sustained downward pressure on the market.US premium hits another record low Aggressive market conditions in Italy persist Brazil billet market quiet Thailand premium steady US premium drops to all-time lowFastmarkets' aluminium 6063 extrusion billet premium, delivered Midwest US, fell...Read More
Here are five Fastmarkets MB stories you might have missed on Friday November 22 that are worth another look.Prices in Southeast Asia's steel billet market rose in the week to November 22 as Chinese buyers continued to snap up material in the spot market, sources told Fastmarkets.Japanese and Korean copper smelters are likely to follow the contract for 2020 treatment and refining charges (TC/RCs)...Read More
Here are five Fastmarkets MB stories you might have missed on Friday November 22 that are worth another look.Prices in Southeast Asia's steel billet market rose in the week to November 22 as Chinese buyers continued to snap up material in the spot market, sources told Fastmarkets.Japanese and Korean copper smelters are likely to follow the contract for 2020 treatment and refining charges (TC/RCs)...Read More
Steel billet prices in most markets around the world continued to experience gains in the week ended Friday November 22 because suppliers were unwilling to provide discounts to buyers while the arbitrage window between international and domestic Chinese prices remained open. Scrap prices in Turkey, the world's largest importer of the steelmaking raw material, have strengthened since plunging to a...Read More