Recent News

Read This Before Buying New S&P SmallCap 600 Stocks

October 17, 2019 / www.schaeffersresearch.com

GLUU was just the latest stock to pop on news of joining the SP600The shares of Glu Mobile (GLUU) got a boost earlier this week, on news the stock is joining the S&P SmallCap 600 Index (SP600). However, GLUU isn't the first stock to rally on its addition to the index -- we've seen similar pops for stocks like Fresh Del Monte Produce(FDP), Jagged Peak Energy(JAG), and Vector Group(VGR), to name a f...Read More

Yield Growth (@yieldgrowth) (#CSE: $BOSS | #OTCQB: $BOSQF) Signs LOI w/ Apothecary Botanicals to Manufacture and Di...

October 17, 2019 / twitter.com

"Yield Growth (@yieldgrowth) (#CSE: $BOSS | #OTCQB: $BOSQF) Signs LOI w/ Apothecary Botanicals to Manufacture and Distribute New Line of #Cannabis-Infused #Topicals, Jack n Jane, in Canada [https://t.co/Fw4Z4iDFgO]#investing #stocks #stockmarket #trading #investors #cannabisnews"Read full newsRead More

Comerica Bears Cash Out as Stock Slides Again

October 17, 2019 / www.schaeffersresearch.com

J.P. Morgan Securities downgraded CMA stock overnightAnalyst notes continue to roll in on Comerica Incorporated (NYSE:CMA), after the regional lender reported third-quarter earnings yesterday morning. Despite the firm's profit beat, the bulk of the brokerage attention has been bearish, with J.P. Morgan Securities downgrading the stock to "underweight" from "neutral," and cutting its price target b...Read More

Bullish Options Trader Moves In on Wayfair Stock

October 17, 2019 / www.schaeffersresearch.com

Wayfair has been rallying from the $100 levelWayfair Inc (NYSE:W) is extending a recent bounce from the $100 level, rising 6.2% today to trade at $114.63. In response, options volume is accelerated, and calls are outpacing puts on an overall basis. It looks as though one trader initiated a bull call spread at the May 115 and 150 calls, which they partially funded by selling the May 95 put. Since t...Read More

Gold's Rational Price

October 17, 2019 / seekingalpha.com

The dollar rate by itself does not determine the gold price.However, the dynamics of the dollar is generally inversely related to the dynamics of gold price.Fundamentally, the current price of gold is quite justified now.Only if the US real rate enters the zone of negative values, there will be a further rise in the price of gold. By and large, the price of gold is influenced by three main factors...Read More

Software Sector Swoon Sets Up Buy Signal for COUP Stock

October 17, 2019 / www.schaeffersresearch.com

Puts have picked up on Coupa, potentially putting some bears in a precarious positionSoftware stocks got hit hard on Wednesday, and the sector-wide pullback has some names flashing what historically have been solid buy signals. For instance, Coupa Software Inc (NASDAQ:COUP) lost 9.3% yesterday, its worst day since last December. COUP shares were last seen down another 2.9% today at $136.18, actual...Read More

Cronos Stock Soars as Cannabis 2.0 Kicks Off

October 17, 2019 / www.schaeffersresearch.com

HEPA and SYRS stocks are moving on drug newsThe U.S. stock market is modestly higher, as Wall Street awaits updates on a potential Brexit deal. Several individual stocks are making big moves, though, including biopharmaceutical names Hepion Pharmaceuticals Inc (NASDAQ:HEPA) and Syros Pharmaceuticals Inc (NASDAQ:SYRS), as well as cannabis concern Cronos Group Inc (NASDAQ:CRON). Here's a quick round...Read More

Beauce Gold Fields Completes 30km2 Sampling and Geological Mapping the St-Simon-les-Mines Placer Gold District...

October 17, 2019 / twitter.com

"Beauce Gold Fields Completes 30km2 Sampling and Geological Mapping the St-Simon-les-Mines Placer Gold District https://t.co/faGneRR03p #ResourceNews #Gold $BGF"Read full newsRead More

One Trader Expects Big Wins for Snap Stock After Earnings

October 17, 2019 / www.schaeffersresearch.com

SNAP has soared 150% in 2019Snapchat parent Snap Inc (NYSE:SNAP) is moving higher this afternoon, last seen up 1% at $13.80. SNAP has had a noteworthy year on the charts, now up 150% in 2019, and just off a double top near the $18 level. In recent weeks, the stock has pulled back -- and its 14-day Relative Strength Index (RSI) is bordering on "oversold" territory -- but has benefited from a doubl...Read More

Sixty North Gold Trenches 203 gpt Silver, 1.0 gpt Gold over 0.45 m in VMS Zone

October 17, 2019 / bit.ly

Sixty North Gold Mining Ltd. is pleased to announce that it has received initial trench results from its fall trenching program on the Mon Gold PropertyRead full newsRead More

RT @zerohedge: US Industrial Production Shrinks YoY For First Time Since Trump Elected

October 17, 2019 / www.zerohedge.com

...likely depressed by an autoworkers' strike at GM, sluggish global demand, and the trade war.Read full newsRead More

Pancon Further Expands Its Jefferson Gold Project Surrounding the Former Brewer Gold Mine, Outlines Upcoming Explor...

October 17, 2019 / twitter.com

"Pancon Further Expands Its Jefferson Gold Project Surrounding the Former Brewer Gold Mine, Outlines Upcoming Exploration Program https://t.co/Uu3AjjyH9F @PanconResources #ResourceNews $PUC"Read full newsRead More

Bonterra Intersects High Grade Gold in New Zone at Moroy

October 17, 2019 / bit.ly

Bonterra Resources Inc. is pleased to announce the discovery of a new zone of gold mineralization at the Moroy Project.Read full newsRead More

Apple Options Traders Weigh Antitrust Concerns, Bull Note

October 17, 2019 / www.schaeffersresearch.com

The EU is raising antitrust concerns with the Apple Pay serviceFAANG stocks are in focus today, ranging from Netflix's blowout earnings to Amazon.com's (AMZN) Ford partnership. As far as Apple Inc. (NASDAQ:AAPL) is concerned, the Financial Times reported that European Union (EU) regulators are looking into the tech icon's Apple Pay service over antitrust issues. The report is helping offset a pr...Read More

#EXMceuticals ($EXM.C) VP North American Operations Julie Lemieux to talk (about) their licensing in Portugal (and...

October 17, 2019 / twitter.com

"#EXMceuticals ($EXM.C) VP North American Operations Julie Lemieuxto talk (about) their licensing in Portugal (and) what will happen to the company once that is approved #AfricaPartnership #Cannabis #CBD #LowCostAdvantage #MomentumStocks@DixieBrandshttps://t.co/LlAANErMRJ"Read full newsRead More

JBLU Stock Could Take Off After Earnings

October 17, 2019 / www.schaeffersresearch.com

A long-term bull signal just flashed for JetBlue ahead of next week's earnings report JetBlue Airways Corporation (NASDAQ:JBLU) just announced a partnership with Norwegian Air to expand its transatlantic network, potentially increasing traffic and average fares. Shares of the flight concern are inching higher today in response, extending their rebound off the early October low of $15.87. What's mo...Read More

Amazon Joins Long List of Dow Stocks on Earnings Schedule

October 17, 2019 / www.schaeffersresearch.com

McDonald's, Chipotle, and Microsoft are some of the other big names ready to reportEarnings season is set to continue in a big way, with a heavy dose of blue-chip stocks featured on the upcoming calendar. Even outside of Dow components there are plenty of high-profile names due to report, including Amazon.com (AMZN), Tesla (TSLA), and Twitter (TWTR). Below is a brief list of some key market events...Read More

Shake Shack Stock Pullback Locks in Big Win for Put Traders

October 17, 2019 / www.schaeffersresearch.com

An excessive amount of optimism was priced into Shake Shack stockSubscribers to Schaeffer's Players service just scored a nice profit on the Shake Shack Inc (NYSE:SHAK) October 100-strike put. Below, we'll explain why we expected a big downside move from SHAK shares, and how the winning trade unfolded in two partial closes.At the time of our initial recommendation on Wednesday, Sept. 25, SHAK wa...Read More

Stocks Steady Amid Brexit Deal, Netflix Earnings

October 17, 2019 / www.schaeffersresearch.com

The tentative Brexit deal with the EU still needs to go through U.K. parliament The Dow Jones Industrial Average (DJI) is cautiously higher today, as Wall Street digests the Brexit headlines across the pond. The blue-chip index was up triple digits at its session highs, after word of a potential Brexit deal with the European Union (EU) was reached. But the Dow has pared those gainsas the day w...Read More

Great Panther Provides Update on Tucano Gold Mine and Guidance

October 17, 2019 / dlvr.it

VANCOUVER, Oct. 15, 2019 (Canada NewsWire via COMTEX) -- This news release constitutes aRead full newsRead More

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