A number of companies have announced outstanding results from the Golden Triangle. Brixton Metals and GT Gold both had impressive results bringing more attention to thisRead full newsRead More
BofA-Merrill Lynch cut DOW to "underperform"U.S. stocks are higher with bond yields today, though the major indexes are still pacing for a third straight weekly loss. Among stocks making notable moves are chemical concern Dow Inc (NYSE:DOW)and biotechPlus Therapeutics Inc (NASDAQ:PSTV). Here's a quick look at what's moving the shares of DOW and PSTV.Dow Stock Shrugs Off DowngradeAfter earlier touc...Read More
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The stock market took a hit as a rare inverted yield curve spooked tradersIt was another volatile week on Wall Street, with the Dow Jones Industrial Average (DJI) exploring a more than 1,000-point trading range. Most of the action occurred to the downside -- creating a profitable environment for SPDR S&P 500 ETF (SPY) straddle traders -- after a rare yield curve inversion of the 2-year and 10-year...Read More
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Gold ended lower on Friday, distancing itself from the more-than six-year high it settled at a day earlier, but the metal's investment haven appeal contributed to a third weekly climb in a row. "Drivers for gold have included global growth in negative interest rate bonds, the decline in real interest rates in the U.S., [and] uncertainty regarding U.S./China trade policy and political unrest in Hon...Read More
Gold ended lower on Friday, distancing itself from the more-than six-year high it settled at a day earlier, but the metal's investment haven appeal contributed to a third weekly climb in a row. "Drivers for gold have included global growth in negative interest rate bonds, the decline in real interest rates in the U.S., [and] uncertainty regarding U.S./China trade policy and political unrest in Hon...Read More
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Gold has made an incredible move in recent weeks, but it wasn't an easy journey getting to this point for traders and investors.GLD is a good example of how to understand and trade a consolidation market.There is no shortage of fundamental data supporting the gold market.Gold is due for a pause, but higher prices are the likely path in the long term.While many traders seek instant gratificatio...Read More
"IKN: The Cobalt 27 KBLT.v change of control awardshttps://t.co/6dKTEEmSQj"Read full newsRead More
"IKN: The Cobalt 27 KBLT.v change of control awardshttps://t.co/6dKTEEmSQj"Read full newsRead More
Goldman Sachs upgraded KTOS to "buy" and hiked its price target to $26Drone maker Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS) is eyeing its best day in months following a bull note from Goldman Sachs. The analyst upgraded the stock to "buy" from "hold," and hiked its price target to $26 from $24 -- a roughly 44% premium to last night's close. Goldman said it had confidence in the 2020...Read More
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"Flowr Corp (@FlowrCanada) (#TSXV: $FLWR | #OTC: $FLWPF) Earns $11.01-million in Q2 2019; Conference Call & Webcast Today at 5:30pm ET [https://t.co/o7nET9N6GM]#investing #stocks #stockmarket #trading #investors #cannabisnews #capitalmarkets #cannabis #business #potstocks"Read full newsRead More
Gold mining stocks are subject to weakening internal momentum.A stronger U.S. dollar is also putting pressure on the mining stocks.Intermediate outlook for gold and gold stocks is still bullish, though.Although the price of gold has stubbornly pushed higher in the face of a strong dollar, gold mining stocks are finally showing signs of weakness after a huge summer rally. Profit taking was clearly...Read More
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The "Chinese Netflix" is higher on stimulus hopesIQIYI Inc (NASDAQ:IQ) -- often called the Chinese Netflix -- will report earnings after the close on Monday, Aug. 19. Ahead of the event, J.P. Morgan Securities launched coverage of the stock with an "underweight" rating and $14 price target, representing a record low for IQ shares and an 18% discount to their current price. Nevertheless, IQ stock i...Read More
Those against the Sperrin Mountains mine say they will continue to oppose the project.Read full newsRead More
A short squeeze could also power the shares higherWhen we last checked in on InVitae Corp (NYSE:NVTA), the genetic testing concern was fresh off a lofty bull note from Citron Research. Since nabbing an earnings-induced record high of $28.75 on Aug. 7, the shares have pulled back sharply, down 6.3% month-to-date. However, this Citron favorite -- which has more than doubled in 2019 -- is now flashi...Read More
The Nasdaq is higher too, after NVDA's big earnings win The Dow Jones Industrial Average (DJI) is keeping the positive momentum going at midday, looking to end a wild trading week with a daily win. Anxiety is easing over bond yields, and traders are cheering President Donald Trump's comments that the U.S. and China are "having very productive talks" by phone ahead of an expected September meeting...Read More