BHGE may have cleared long-term technical resistance todayOilfield services provider Baker Hughes (NYSE:BHGE) is one of the best stocks on Wall Street today thanks to the company's second-quarter earnings beat. The shares have gained 4.8% today to trade at $25.68, and this has them pushing above a moving average on the charts that has caused issues for the stock in the past. For instance, the equ...Read More
The research firm issued a "strong sell" opinion on the surgical instrument makerSurgical instrument maker Penumbra Inc (NYSE:PEN) is among the worst stocks on the New York Stock Exchange (NYSE) today, due to a scathing note from Spruce Point Capital Management. The research firm issued a "strong sell" opinion on PEN shares, and predicted 40% to 55% downside risk for the "one-trick pony" amid a "w...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that it has received a purchase order from a distributor to equip various government vehicles in Australia with the CP250 in-vehicle cellular device as part of a Cellular Vehicle-to-Everything (C-V2X) pilot program.C-V2X is designed to connect vehicles to each other, roadside in...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") is pleased to announce the appointment of Darren Battersby as Chief Financial Officer, effective August 1st, 2019.Mr. Battersby joins Venzee bringing the required experience to take the company through its next phase of growth. Mr. Battersby has held key roles in a number of growing and developing companies in t...Read More
All three benchmarks are heading toward monthly winsAs July comes to a close, the Dow Jones Industrial Average (DJI) has traded on both sides of the aisle, but was last seen cautiously higher due to a post-earnings surge from Apple (AAPL). Meanwhile, the S&P 500 Index (SPX) also sits just above breakeven at midday, while the Nasdaq Composite (IXIC) is firmly in the black thanks to a tech sect...Read More
Humana reported a second-quarter earnings and revenue beat before the bell todayHeathcare concern Humana Inc (NYSE:HUM) hit a new five-month high of $301.86 earlier today, and is now trading up 4.3% at $296.67, pacing for its fourth straight win. This comes after the firm posted second-quarter earnings of $6.05 per share on $16.25 billion in revenue, both of which beat analysts estimates, and lift...Read More
The GPS concern reported earnings and revenue that exceeded analysts' estimates The shares of GPS concern Garmin Ltd. (NASDAQ:GRMN) are skyrocketing today, after the firm unveiled second-quarter earnings and revenue that beat analysts' estimates. The company cited growing demand for its wearable and fitness devices, and lifted its 2019 revenue forecast on growing expectations for its aviation, mar...Read More
Several analysts have chimed in today with a variety of opinionsThe semiconductor sector is in focus this morning, after Advanced Micro Devices, Inc. (NASDAQ:AMD) reported second-quarter earnings last night. While the chip name's earnings and revenue were in-line with expectations, its third-quarter guidance of $1.80 billion came in lower than the $1.95 billion expected due to lower demand for ch...Read More
Alternative energy stock ENPH has had a huge yearClean energy stock Enphase Energy Inc (NASDAQ:ENPH) is set for record highs, trading up 21.5% before the open thanks to a second-quarter earnings beat. This just extends a strong year for the shares, which sport a lead of almost 360% in 2019, closing Tuesday at $21.65. A few bull notes have come through this morning, and today's move could also be g...Read More
A round of analyst bull notes have poured in, tooLattice Semiconductor Corp (NASDAQ:LSCC) stock is up 12.3% in electronic trading, after the programmable logic device maker reported second-quarter adjusted earnings of 15 cents per share on $102.30 million in revenue. This was more than the consensus estimates of 11 cents per share in earnings and $99.72 million in revenue, and bullish analysts hav...Read More
The U.S. and China will reportedly resume trade talks in September Apple (AAPL) earnings are front and center this morning, boosting Dow Jones Industrial Average (DJI) futures, after the tech giant posted quarterly figures that topped expectations and issued strong revenue guidance. The Fed is in focus, too, with the central bank widely expected to cut interest rates later today. Elsewhere, priva...Read More
With today being the last trading day of July, it's a good time to consider seasonal trading ideas for August. Fortunately, traders don't have to veer into the unfamiliar in search of exchange traded funds with solid August track records. The SPDR Gold Shares GLD, +2.40%, the world's largest gold-backed exchange traded fund, is up 11.32% year to date and 1.34% this month, gains that could be exte...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
Debunking the popular notion that small-cap underperformance is ominousOver the past year, the Russell 2000 Index (RUT) -- a barometer of small-cap stocks -- is down over 7%, while the large-cap S&P 500 Index (SPX) is up over 6%. A popular notion is that when there is a divergence between small-cap and large-cap stocks, the direction of the small-caps predicts the future direction of the market in...Read More
* GRAPHIC-2019 asset returns: (Adds aluminium spreads, updates prices)By Eric OnstadLONDON, July 31 (Reuters) - Lead touched a two-week low onWednesday after inventories piled up and a major refineryassured consumers that a maintenance stoppage would not resultin shortages.Markets were on edge ahead of a second set of Chinesefactory data due on Thursday and an expected U.S. interest ratecut later...Read More
Sean Boyd, CEO of Agnico Eagle Mines, explains how gold mining has become much more complex over the 21 years he's been in charge at the company and how Agnico has grown to become Canada's biggest gold producer.Read full newsRead More
Sean Boyd, CEO of Agnico Eagle Mines, explains how gold mining has become much more complex over the 21 years he's been in charge at the company and how Agnico has grown to become Canada's biggest gold producer.Read full newsRead More
The earth has many unique ways of stripping base metals from its crust and concentrating them into deposits. Over the course of civilization, humans have uncovered seven main types: sediment-hosted copper-cobalt; magmatic nickel-copper-platinum group metal; volcanogenic massive sulphide; porphyry; mississippi valley type; sediment exhalative; and laterites.Sediment hosted copper-cobalt depositsThe...Read More