"EXMceuticals obtains its research and development license for its TecLab facilities in Portugal --$EXM.C @EXMceuticals #exmceuticals #cbd #cannabinoid #cannabis #cse #health #MedicalMarijuana #farm #europe #portugal--Read the News Release here: https://t.co/05XayPjneM"Read full newsRead More
"Sirona Biochem Hires Shanghai-based Chemistry Engineer to Select Local Manufacturer for Skin-Lightening Compound TFC-1067 -- #SironaBiochem $SBM $SBM.CA $SBM.V @SironaBiochem #health #Skinlightener --Read the News Release here: https://t.co/zfGBFOW7D3"Read full newsRead More
The stock is retreating ahead of earnings, as the firm's CEO is leaving for NikeAhead of earnings -- slated for release after the close tonight -- the shares of ServiceNow Inc (NYSE:NOW) are swimming in red ink today, after the company said CEO John Donahoe is stepping down to head up Nike (NKE). Donahoe will be replaced by former SAP (SAP) CEO Bill McDermott. While analysts and NOW shareholders a...Read More
Gold is up big since we turned bullish on it about a year ago.With an impending move to either Quad 2 or Quad 3 (two economic regimes in which inflation is accelerating), the best of the returns in Gold might be behind.Hedgeye CEO Keith McCullough and Senior Macro analyst Darius Dale explain why it doesn't mean you should "sell it all" or go short gold. As our subscribers know, Gold is up big sinc...Read More
The Dow is weighing quarterly reports from Boeing and CaterpillarThe Dow Jones Industrial Average (DJI) is higher at midday, as Wall Street unpacks another day of corporate earnings. The blue-chip index is shaking off a sub-optimal earnings reaction from Caterpillar (CAT)thanks toBoeing (BA), which is higher on a revenue beat and another timely 737 MAX update. The S&P 500 Index (SPX) and Nasdaq...Read More
Credit Suisse lifted its price target on Alphabet to $1,700FAANG name Alphabet Inc (NASDAQ:GOOGL) is slightly higher today on a bull note from Credit Suisse. The analyst lifted its price target to $1,700 from $1,500, citing "the strong growth of search and YouTube" and applauded the company'sSmart Building product. Google is also generating buzz for claiming it's achieved a new milestone in quantu...Read More
Barrick is poised to restart gold mining in Tanzania after the company agreed to pay $300 million to the African country and share ownership and other benefits at its three local mines.Read full newsRead More
The options market was expecting a huge move from SkechersSkechers USA Inc (NYSE:SKX) shares are trading down 1.8% this morning at $37.32 after earnings, but it's not the direction of the stock's move that is most notable. Instead, what's interesting is that this 1.8% swing is far below the expected move priced in by options traders ahead of the quarterly event. Speculators were betting on a nearl...Read More
REZI is overdue for more bearish analyst attention, tooThe shares of Resideo Technologies Inc (NYSE:REZI) are in the New York Stock Exchange's cellar this morning, down 40% to trade at $9.16, and earlier touching a record low of $8.61. The electric components company -- a residential technology spin-off of Honeywell (HON) -- cut its fiscal year revenue growth yesterday, while also announcing that...Read More
Some readers have commented that the Gold ETF has outperformed the S&P 500 over its existence.That analysis erroneously takes into account only the price change of the two instruments, and does not take into account the dividend yield of the stock index.Gold can be thought of as a negative yielding asset that is bid up in times of stress. Gold prices have correlated highly with the stock of ne...Read More
Caterpillar posted earnings and revenue below analyst estimatesThe shares of Caterpillar Inc. (NYSE:CAT) are trying to gain this morning despite a disappointing third-quarter earnings report. The company missed on earnings and revenue, and CAT slashed its full-year profit guidance, due in part to weak demand in Asia. What's more, the company told investors in the earnings call that customers are "...Read More
"Massive protests:IN THE LAST WEEKBoliviaLebanonChileSpain/CataloniaHong KongBritain IN THE LAST MONTHIraqAlgeriaEgyptHaitiFranceTHIS YEARSudanRussiaUgandaIndonesiaUkrainePeruZimbabweColombiaVenezuelaEthiopiaBrazilEcuadorSerbiaBosniaGlobal (Climate)"Read full newsRead More
Futures for the major indexes are mixed before the openDow Jones Industrial Average (DJI) futures are trading near fair value this morning, as Wall Street eyes another mixed open for stocks. Traders are focusing on earnings reactions from trade-sensitive Dow stocks Boeing (BA) and Caterpillar (CAT), with the former pacing for a higher start to the day, while the latter is lower ahead of the bell....Read More
(Updates with closing prices, recasts)By Peter HobsonLONDON, Oct 23 (Reuters) - Copper prices rose on Wednesdayas a wave of protests in top producer Chile began to disruptsupplies, but gains were limited by lingering fears over thehealth of the global economy and the outlook for demand.Benchmark copper on the London Metal Exchange endedup 1.1% at $5,881 a tonne after reaching $5,885, the highestsi...Read More
(Updates with closing prices, recasts) By Peter Hobson LONDON, Oct 23 (Reuters) - Copper prices rose on Wednesdayas a wave of protests in top producer Chile began to disruptsupplies, but gains were limited by lingering fears over thehealth of the global economy and the outlook for demand. Benchmark copper on the London Metal Exchange endedup 1.1% at $5,881 a tonne after reaching $5,885, the highes...Read More
The best and worst times to trade stocks, bonds, gold, and other assetsThe Federal Open Market Committee (FOMC) will meet next week and is expected to lower interest rates next Wednesday, Oct. 30, just as it's done the last two meetings. Going back to 2015, Fed weeks have tended to be bearish for the stock market. The table below shows the S&P 500 Index (SPX) has averaged a loss during these weeks...Read More
"$HA - Hawaiian Holdings, Inc. (HA) CEO Peter Ingram on Q3 2019 Results - Earnings Call Transcript. Continue reading: https://t.co/RtSxp0MKts #finance #stockmarket #business"Read full newsRead More
"$CSGP - CoStar Group, Inc. (CSGP) CEO Andy Florance on Q3 2019 Results - Earnings Call Transcript. Sign up for updates on Seeking Alpha! https://t.co/9XDTMoX4Y5 #stocks #trading #investing"Read full newsRead More
"Downside Risk To Outweigh Upside Potential Amid Strong Production, Short-Term Cold, And Strongest Cold Focused On Central U.S.. Follow this and any other stock on Seeking Alpha! https://t.co/TWV5dgillZ #finance #trading #investing"Read full newsRead More
"$HAFC - Hanmi Financial's (HAFC) CEO Bonnie Lee on Q3 2019 Results - Earnings Call Transcript. Sign up for updates on Seeking Alpha! https://t.co/iZ3SYPEf90 #stocks #finance #trading"Read full newsRead More