Stocks finished in the red amid skepticism about a "phase one deal" Stocks finished a relatively quiet session lower today, after trading on both sides of breakeven amid waning optimism over Friday's partial trade deal between Beijing and Washington. Reports emerged that China wishes to continue trade talks before finalizing the "phase one" deal, which would require China to purchase up to $50 bil...Read More
"The S&P/TSX Venture Composite Index fell at the end of last week by 1.84 points to 540.76. Sonory Energy leads the pack of last week's top gainers on the TSXV with a gain of 125% but who are the other top gainers? https://t.co/fU2lrn6ZWE @sonoroenergy #TSXV #juniormining #stocks"Read full newsRead More
"Canada's S&P/TSX Composite Index ended last Friday (Oct. 11) on a little bit of a high, gaining 32.37 points to reach 16,455.05. Akita Drilling was last weeks top gainer but who were the other top performing stocks? https://t.co/GOfBsybVnB #TSX #akitadrilling #stocks #investing"Read full newsRead More
PBI, meanwhile, has swung higher this afternoonThe stock market is trading modestly lower this afternoon, as traders digest the latest U.S.-China trade news. Among individual names making notable moves are data analytics specialist Datadog Inc (NASDAQ:DDOG), e-commerce concern Pitney Bowes Inc. (NYSE:PBI), and teledentistry firm SmileDirectClub Inc (NASDAQ:SDC). Here's a quick roundup of what's mo...Read More
Gold futures rise Monday to post their first gain in three sessions, finding support as the so-called "phase one" of the U.S.-China trade deal reportedly hit...Read full newsRead More
Gold futures rise Monday to post their first gain in three sessions, finding support as the so-called "phase one" of the U.S.-China trade deal reportedly hit...Read full newsRead More
"#AMCAST has a Vision for the Future: Industry practices that produce less waste and use less of our earths surface to produce the same supply.#AMCAST will be exhibiting as a bronze partner at #FutureofMining Americas in Denver this month. #FOMAmericashttps://t.co/AwEsSSgUq6"Read full newsRead More
Looking for gold? Every good explorer knows there's no silver bullet in finding an ore deposit, but a University of South Australia researcher is hoping to change all that.Read full newsRead More
TUR is already pacing for its worst month in more than a yearTheiShares MSCI Turkey ETF (TUR) is in the red today, after President Donald Trump tweeted, "Big sanctions on Turkey coming!" The threat comes after a Turkish invasion of northern Syria, and following the president's orders to withdraw U.S. troops from the area. Against this backdrop, the exchange-traded fund (ETF) is already set for its...Read More
Needham expressed concern over competitive pricing and a drop in Chinese customers Laser manufacturers nLight Inc (NASDAQ:LASR) and IPG Photonics Corporation (NASDAQ:IPGP) are feeling the heat today after Needham expressed concerns about both companies. Below, we'll look at these bear note, and how they're affecting the two semiconductor names. Starting with LASR, the analyst slashed its price tar...Read More
VNET calls were popular coming into todayOne stock making a notable spike today is Chinese data services provider 21Vianet Group Inc (NASDAQ:VNET). The company inked an agreement with Alibaba (BABA) to deploy data center services, and the shares of VNET were last seen up 15% at $8.30. In response, there's unusual options trading on 21Vianet, and calls in particular are popular. Roughly 850 calls h...Read More
The 40-day moving average has acted as a short-term speed bump in the pastBlue chip UnitedHealth Group Inc (NYSE:UNH) is 0.4% higher on the charts this afternoon, with traders cautiously optimistic ahead of earnings. The healthcare name is slated to report third-quarter earnings before the open tomorrow, Oct. 15. Let's take a closer look at what the options market may be expecting for the equity'...Read More
The index has made big daily moves while essentially going nowhereIt's been a wild October so far for the stock market, as investors have reacted to Fed buzz and updates on U.S.-China trade negotiations. In fact, from Sept. 27 to last Friday, Oct. 11, the S&P 500 Index (SPX) moved at least 0.4% every single session, regardless of direction. That's the first 11-day streak of notable moves in more t...Read More
"We have a very good currency, it's stable. Why not use it for global transactions?" -Russian Economy Minister Maxim OreshkinRead full newsRead More
Both stocks made their public trading debuts in SeptemberCowen initiated coverage on Exagen Inc (NASDAQ:XGN) with an "outperform" rating and $17 price target, representing expected upside of 34.8% to Friday's close at $12.61. The brokerage firm said XGN stock is undervalued, and that the diagnostics company's autoimmune test for systemic lupus erythematosus, Avise CTD, works better than similar...Read More
Oil prices are sharply lower todayThe Dow Jones Industrial Average (DJI) is cautiously higher to start the new week, as the U.S.-China trade optimism from Friday is replaced with skepticism. A Bloomberg report indicated China is hesitant to sign off on an official "phase one" deal, and labeled the Friday developments as "substantial progress," instead of the "greatest and biggest trade deal ev...Read More
Consolidation looms but risks loom larger.Gold continues to beat expectations.Gold's top producers showcase impressive developments.Consolidation Looms but Risks Loom Larger Since June, the gold price has enjoyed a relentless advance of over $250 per ounce, to a six-year high of $1,557 on September 4, then spent the rest of September consolidating around the $1,500 level. The gold price found...Read More
KBW lifted its price target for Charles Schwab to $39.50 from $38Positive analyst attention today from KBW has the shares of investment firm Charles Schwab Corporation (NYSE:SCHW) slightly higher, set to extend a three-day win streak. Specifically, the broker lifted its price target to $39.50 from $38, just ahead of the company's third-quarter earnings report, due out before the open tomorrow, Oc...Read More
We study the impact of rising geopolitical tensions and slowing global growth on the demand for bullion-backed ETFs.Read full newsRead More
"Congratulations to Nickel Mines on wining Best Financing/Structured Deal!#NickelMines is an Australian public company emerging as a globally significant, low cost producer of nickel pig iron, a key ingredient in the production of stainless steel. #MJAwards"Read full newsRead More