VGR has been making a beeline higher in recent monthsThe shares of Vector Group Ltd (NYSE:VGR) bottomed at nearly 10-year low of $8.62 in late May, but have since been making a beeline higher, up 59% to trade at $13.69. The sharp surge -- sparked in part by reaction to VGR being added to the S&P SmallCap 600 Index (SP600) -- has the tobacco stock trading above the 200-day and 320-day moving averag...Read More

This analyst predicts a major market moving event happening as soon as August 13.After nearly 27-years studying the stock market as a hedge fund manager, broker, and analyst, onesenior analyst thought he was prepared for everything Mr. Market threw his way.But last December he got word of a huge market event that's now less than 60 days away.He sent an urgent note to over 75,000 people who, over...Read More

The two-day Fed meeting kicks off on TuesdayAfter weeks of anticipation, the Federal Open Market Committee (FOMC) will meet again and decide what to do with interest rates. With the market largely expecting a cut in interest rates, investors will also be clued in for the post-meeting remarks from Fed Chair Jerome Powell on Wednesday. In addition to the Fed meeting, next week features quadruple wit...Read More

Call traders have been betting on a FCX breakoutFreeport-McMoRan Inc (NYSE:FCX) has been trying to recover from last month's 52-week low of $8.59, and today the shares are on the rise again. Helping their cause is rising copper prices, along with upbeat attention from Wall Street analysts. Specifically, Jefferies in a note this morning said the mining sector could see a recovery in demand soon, es...Read More

Loop Capital issued a post-earnings downgrade on AVGOBroadcom Inc (NASDAQ:AVGO) stock is moving lower this morning, down 4.6% at $286.62, at last check, as the company's fiscal third-quarter revenue miss offsets an adjusted earnings per share beat. Additionally, amid ongoing U.S.-China trade uncertainty and an overall slowdown in the chip sector, Broadcom CEO Hock Tan said, "There is not much clar...Read More

LUV is heading toward its highest close since MarchThe shares of Southwest Airlines Co (NYSE:LUV) are up 2.2% to trade at $56.17, after Macquarie upgraded the airliner to "outperform" from "neutral." The analyst in coverage touted the company's new revenue management system, which could boost efficiency once the grounding of its Boeing 737 Max fleet ends. Should today's price action hold, Southw...Read More

Ontario's government is working for the people of Nipissing by investing in infrastructure critical to local economic development, retaining existing jobs and creating new employment opportunities.Today, Vic Fedeli, MPP for Nipissing, announced an investment of more than $2.4 million for the Jack Garland Airport to repair and extend its cross-wind runway and approach light system. "Our government...Read More

Wedbush boosted its rating on the Amazon rival to "outperform"Wedbush upgraded Etsy Inc (NASDAQ:ETSY) stock to "outperform" from "neutral," and raised its price target to $66 from $64 -- a 20% premium to last night's close. The brokerage firm waxed optimistic on the online marketplace's pre-holiday season launches of Etsy ads and free shipping could improve gross merchandise sales (GMS) and margin...Read More

Hong Kong and Brexit still black swan risks.Asset class rotation from equities to commodities led by precious metals.Gold and silver in bull markets.Stocks and bonds near peak valuations.The black swan risks of a hard Brexit and a Tiananmen Square type treatment of Hong Kong protesters by the Chinese Communist Party decreased last week resulting in a stock market rally and a pullback in safe haven...Read More

The World Gold Council (WGC) on Thursday published a set of guidelines for gold ...Read full newsRead More

LONDON, Sept. 12, 2019 /CNW/ -- The World Gold Council, the market development organisation for the gold industry, has today announced the launch of its Res...Read full newsRead More

Gold is known as a hedge against inflation; but the world is more worried about deflation at the moment.The World Gold Council says Central Banks bought 374 metric tonnes of gold in 1H 2019. This is supposedly to get away from dependence on the USD.The USD has still been rising. It has been in a strong uptrend since early in 2018. This argues against gold gaining value quickly.Gold is a safe haven...Read More

Castle Creek Pharmaceutical agreed to acquire Fibrocell Science for $63.3 million The shares of Fibrocell Science Inc (NASDAQ:FCSC) are booming on a buyout deal from Castle Creek Pharmaceutical. The privately held company has agreed to acquire Fibrocell Science for about $63.3 million. In response, the penny stock has tacked on 60.1% to trade at $2.93, eyeing its highest close in over a year. On...Read More

Beijing said it would exempt pork and soybeans from additional tariffs Dow Jones Industrial Average (DJI) futures are signaling a higher start, building on the momentum that sent the blue-chip index to its longest winning streak in 16 months yesterday. Upbeat trade headlines continue to drive the positive price action, with China's Commerce Ministry saying earlier it will add pork and soybeans to...Read More

Our Senior Market Strategist Matthew Timpane gives 3 tips for tradersSchaeffer's Senior Market Strategist Matthew Timpane recently sat down with Christopher M. Uhl, CMA, from the How to Trade Stocks and Options podcast. The two discussed some of our favorite topics here at Schaeffer's, and some of the most important things we believe options traders should be considering when looking for potential...Read More

"Damien Gaboury, economic geologist and professor at Universit?(C) du Qu?(C)bec ? Chicoutimi (UQAC): "Orogenic gold deposits account for an estimated 75 percent of the gold extracted by humans ...Read full newsRead More

The 2020 election could see some major changes in the American economic system.The U.S. 2020 election will be one unlike America has ever seen, predicts oneanalyst.With both sides growing increasingly divided, it's impossible to know which way the sentiment will shift, and what will happen as a result.But one Stansberry analyst has concerns about what the future holds, and how a radicalized presid...Read More

* ECB says work to accelerate on bankless digital cash * France, Germany say Libra poses risk to EU states'sovereignty * EU has no specific regulation for virtual currencies * In EU's legal limbo, Malta developing its own rules (Adds comment by Libra Association, paragraphs 8-9)By Francesco GuarascioHELSINKI, Sept 13 (Reuters) - France and Germany said onFriday that Facebook Inc's Libra currency p...Read More

The three-month nickel price on the London Metal Exchange was lower at the close of trading on Thursday September 12, while considerable tightness in the metal's forward spreads prompted market questions of prospective deliveries into LME warehouses to ease trading conditions.Despite moderately low volumes at just over 6,000 lots exchanged by the close, nickel's benchmark cash/three-month spread s...Read More

The proposal by Hong Kong Exchanges & Clearing Ltd (HKEX) to buy the London Stock Exchange Group (LSEG) has raised a number of questions among metals market participants, most of whom are skeptical that the deal will go through during a time of political upheaval.HKEX's ?29.6-billion ($36.5-billion) proposal to acquire the LSEG was announced on Wednesday September 11, and comes seven years a...Read More