Home Depot stock has been a long-term outperformer Shares of home improvement name Home Depot Inc (NYSE:HD) have been climbing the charts this year. Currently, the stock is testing support at its +10% year-over-year mark and $250 billion market cap. With a 14-day Relative Strength Index (RSI) reading of 50, another layer of support is now being added, making it the perfect time to jump onto HD's u...Read More
Most analysts have remained bullish on VMWVMware, Inc. (NYSE:VMW) is trading up 2.4% at $155.56, thanks to bullish analyst attention. Wells Fargo this morning upgraded its opinion on the software name to "outperform" and boosted its price target by $40 to $180. This price level served as a ceiling for the shares from June through early August, and represents 20% upside to last night's close of $15...Read More
Checking in on the equity ETF in the midst of a historically rare moving average streakThe following is a reprint of the market commentary from the October 2019 edition of The Option Advisor, published on September 27. For more information, or to subscribe to The Option Advisor -- featuring 10 new option trades each month -- visit our online store.Regular followers of our analysis will be aware of...Read More
Geron's blood cancer drug, imetelstat, was just granted fast track status by the FDAGeron Corporation (NASDAQ:GERN) stock is soaring this morning, following an announcement that the Food and Drug Administration (FDA) granted fast track status to the biotech's experimental therapy, imetelstat, used to treat patients with myelofibrosis (MF) -- a type of blood cancer. The firm plans to meet with the...Read More
Most analysts remain upbeat toward CLF stockB. Riley FBR cut its Cleveland-Cliffs Inc (NYSE:CLF) price target to $13 from $16, with the analyst in coverage citing an "evolving macro and price environment" for the mining company, pointing specifically to a sharp decline in Atlantic pellet premium. Nevertheless, the firm maintained its "buy" rating on CLF, with the analyst saying the stock is attrac...Read More
ADT is poised to conquer a key trendline todayOne of the better stocks on the New York Stock Exchange (NYSE) this morning is ADT Inc (NYSE:ADT), up 3.8% to trade at $6.51. This is after the home security specialist said it's selling its Canadian operations to telecom operator Telus Corp for $527.55 million. The deal is expected to be closed in the fourth quarter. Today's breakout has ADT stock o...Read More
Investors will be monitoring a number of economic reports todayU.S. stock market futures are trading above fair value this morning, pointing toward a strong start to the fourth quarter for the Dow Jones Industrial Average (DJI). Today's session features a number of economic reports, including the Institute for Supply Management's (ISM) manufacturing index, as well as several Fed speeches. Still, m...Read More
"REPORT: Global Energy Metals- Establishing a strong cobalt and copper position at the Millennium Project in Queensland, Australia Alongside CEO Mitchell Smith, we look at GEMC's plans and why project funding is essential for EVshttps://t.co/OVVWwLBpFc$GEMC @EnergyMetals"Read full newsRead More
"#MOD & #MTR sail through next step of #Sandfire sale, with shareholders granting necessary approvals.Process now moves to courts for next steps of approvalhttps://t.co/AnEAje3vta"Read full newsRead More
"#AAU to host a shareholder conference call today at 1300Questions must be submitted by 0900 arianaresources@yellowjerseypr.com?? oe?? >>??~??? ??? ??? >>?? (R)??~??? ??? 1/4 ?? >>?? (R)?? ? ?? "?? ??? ??? ???~EUR??~EUR+44 (0) 20 3003 2666?? ??? ? ?? ??? 1/4 ?? ??? ? ?? (TM)?? ??? ??? ?0808 109 0700?? ??? (R)??~EUR??~EUR??~,,?? 1/4 ?? ??? ?Arianahttps://t.co/EYqaUwMpPN"Read full newsRead More
Here is what's new today on INK Ultra Money. Exisiting Canadian Insider Club members can upgrade for the special rate of $99.99 per year (plus tax) via the account settings tab after logging in.1. Ominous Clouds Forming in Chinese Data - Real Vision (Ultra subscriber content)China's recent economic numbers are the second worst in its history! Leland Miller, CEO of China Beige Book, argues this us...Read More
"$STM - STMicroelectronics N.V.: A Better Portfolio Wealth Builder Now Than Facebook, Inc.. Continue reading: https://t.co/MxgObIIQZV #economy #business #trading"Read full newsRead More
"$RAVE - RAVE Restaurant Group, Inc.'s (RAVE) Bob Bafundo on Q4 2019 Results - Earnings Call Transcript. Read more and get updates on any stock! https://t.co/wbimucy3jD #stockmarket #investing #finance"Read full newsRead More
The three-month zinc price on the London Metal Exchange was higher at the close of trading on Monday September 30, climbing up by some 2.5% amid moderately high turnover, while lead futures were similarly stronger over the afternoon. Zinc's outright price closed at $2,376 per tonne on Monday afternoon, its highest closing price since August 1, while volumes traded were at their highest since Septe...Read More
The benchmark alumina price in the Pacific region has fallen to a fresh two-year low and below $290 per tonne for the first time since May 25, 2017. Fastmarkets' daily alumina index, fob Australia fell to $289.13 per tonne on Monday September 30, from $290.40 per tonne on Friday September 27. The index is down 27% from the start of the 2019 and by 42% year on year from $500 per tonne on Septe...Read More
Treatment charges (TCs) for lead concentrates rose to three-year highs late in September when smelters in China trimmed output ahead of national holidays and a negative arbitrage ratio remained in place for imports, while zinc TCs have also narrowed.The loss on bringing refined lead into China - which traded around a range of 700-2,000 yuan ($98-281) per tonne over September - and a slump in deman...Read More
Here are five Fastmarkets MB stories you might have missed on Monday September 30 that are worth another look.The European Commission has made a number of changes to its existing regime of safeguard measures concerning 26 steel product categories, it said on Thursday September 26. At the same time, the appointment of a European chief trade enforcement officer was welcomed by the steel and alu...Read More
Refining charges for imported blister copper went down in China in September because of unusually tight availability in the spot market, with only minimal volumes coming from Zambian producer Konkola Copper Mines (KCM) and local producers limiting their primary smelting activities due to record-low treatment charges for copper concentrates.The refining charges (RCs) for the intermediate product of...Read More
Manganese ore producers reduced their offer prices to attract business in the week ended Friday September 27 after buyers either delayed or cut their bids prior to China's week-long National Day holiday (October 1-7). Low demand softens seaborne and port manganese ore markets Weak buying interest weighs on alloy in China Alloy sellers in India lower offer prices Alloy prices in...Read More
Key data from the pricing sessions in London and Shanghai for the week ended Friday September 27. Europe Key drivers European prices for grade-4-4-1 and grade-5-5-3 silicon were unchanged amid low spot liquidity and little business concluded within the range. During the week, small volumes of grade-5-5-3 silicon exchanged hands at the top end of the published range at around ?,?1,500 (...Read More