Etsy options are attractively priced at the moment, tooOnline retailer Etsy Inc (NASDAQ:ETSY) has struggled recapture its technical tenacity from earlier in the year. Fortunately, there's a reliable signal sounding that indicates a another breakout could be imminent, if history is any guide.More specifically, Etsy stock is now within 2% of its 160-day moving average. Since its inception, there h...Read More
The S&P and Nasdaq are up modestly at middayIt's a choppy trading session on Wall Street today, as Wall Street gets blitzed with trade buzz before this weekend's meeting between U.S. President Donald Trump and Chinese leader Xi Jinping at the G-20 summit. Most recently, top White House economic advisor Larry Kudlow said no preconditions have been arranged for the meeting, and the U.S. could implem...Read More
The company announced a asset and corporate update and gave a update of its flagship asset, Hod Maden.Sandstorm's shares appreciated a 48% Since the buyback was announced, outperforming both gold price and gold miners.The updated guidance for Hod Maden has been somewhat disappointing, as I will explain below.I will give my opinion about the relevant asset updates.Sandstorm Gold (SAND) publishe...Read More
These stocks tend to wilt in the summer monthsThe stock market has been red-hot in June, with the S&P 500 Index (SPX) fresh off a recent record high. Turning our attention to July, however, several equities could begin to wilt, if history is any guide. Among the worst stocks to own in July is cloud concern Akamai Technologies, Inc. (NASDAQ:AKAM), while packaged food titan Campbell Soup Company (NY...Read More
"What a great few days we had at #MJSelect 2019!Thank you to our sponsors #DMT @MarketNr @Wheaton_PM , @StrategiaWw our supporting partners @Team_Proudfoot #3PPB and to all the mining companies who presented over the 2 days.#MJS #mininginvestment"Read full newsRead More
U.S.-China trade drama will likely be a focal point tooThe first week of July -- although holiday-shortened -- brings plenty of action for investors.There will be the all-important Friday release of the June nonfarm payrolls report, on top of inflation data and remarks from Fed presidents to prepare for the upcoming July Fed meeting at the end of the month. Investors that diligently follow the ear...Read More
Intel is the middle of a rough patch on the chartsIt's been a rough few months for Dow component Intel Corporation (NASDAQ:INTC), suffering two bear gaps since the April peak of $59.59. INTC stock was last seen trading slightly lower at $48.12, after Wedbush weighed in with an "underperform" rating and $37.50 price target, obviously expecting further downside ahead for the equity. The majority of...Read More
CAG puts are flying off the shelves this morningShares of packaged food concern Conagra Brands Inc (NYSE:CAG) are slipping in early trading, down 9.1% at $26.30, on a disappointing fiscal fourth-quarter earnings report. The firm cited "isolated manufacturing-related challenges," as well as poor performances from its Hunt's and Chef Boyardee brands. As such, CAG stock is pacing for its worst day si...Read More
This is overshadowing a dreary earnings report and round of bear notesRite Aid Corporation (NYSE:RAD) stock is 5.6% higher this morning at $7.51, as news of a fresh FAANG partnership offsets a round of post-earnings bearish brokerage attention. Specifically, the drugstore inked a deal with Amazon.com (AMZN) that will allow for U.S. customers to choose Rite Aid as an Amazon pick-up option. The wel...Read More
The fitness chain is 61% higher year-over-yearShares of Planet Fitness Inc (NYSE:PLNT) are moving higher this morning, last seen up 1.2% at $72.49, after the stock received a fresh bull note out of Raymond James. The brokerage firm initiated coverage with an "outperform" rating and $80 price target, a nearly 12% premium to last night's close of $71.65. The firm credited its optimistic outlook tow...Read More
There's tremendous pessimism priced into ANF at the momentOne retailer is going all-in on the CBD buzz. Earlier today, Abercrombie & Fitch Co. (NYSE:ANF) expanded its partnership with Green Growth Brands to sell cannabidiol (CBD) products products in over 160 Abercrombie stores. Green Growth and Abercrombie initially inked a 10-store deal back in May.Despite the news, Abercrombie & Fitch stock i...Read More
"Victoria Gold Announces That Orion Has Agreed to Increase Its Ownership Interest Through a Purchase of Outstanding Shares https://t.co/WnXfJAT6Qj"Read full newsRead More
Gold crossed above AUD$2,000 for the first time ever last Friday. In Canada, its price is within striking distance of its 2011 record high of nearly CAN$1,880.Smaller mining companies have historically appreciated much faster than larger industry players when the price of gold has taken off. Westhaven Ventures has grown 326% in the last 12 months.Wallbridge Mining and Wesdome Gold Mines are both u...Read More
U.S.-China trade relations will remain in focus todayStock futures are mixed, as fresh trade headlines hit ahead of tomorrow's G-20 summit. Specifically, the Wall Street Journal reported Chinese President Xi Jinping will give U.S. President Donald Trump terms needed for a trade deal, which could include lifting the ban on Huawei. Meanwhile, Dow Jones Industrial Average (DJI) futures are being wei...Read More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM") is pleased to announce that Salil Munjal, Paul Antoniadis, Jim Zadra and Michael Thomson were re-elected as directors of the Company at the annual general and special meeting of shareholders of the Company (the "Meeting") held on June 27, 2019. Two other matters put forward to shareholders at the Meeting w...Read More
This gold mining ETF hits a new 52-week high. Are more gains in store for this ETF?Read full newsRead More
"Victoria Gold Announces That Orion Has Agreed to Increase Its Ownership Interest Through a Purchase of Outstanding Shares https://t.co/jGug9aISrc"Read full newsRead More
(Adds budget details, outside comments)By Orhan CoskunANKARA, June 27 (Reuters) - Turkey's government is revivingplans to transfer the central bank's 46 billion lira ($8billion) in legal reserves to its deteriorating budget to shoreit up and is also considering adjusting some tax measures as itbattles recession, sources said.A Treasury official and three other sources familiar withthe plans confir...Read More
So what is driving the BELLUS Health (BLU) share price up? Here is our take via a video summay of the June 26th INK Research morning report. INK Research and Canadian Insider are both subscriber-supported. We do not accept payments from issuers or promoters for stock coverage.Your browser does not support the audio element. DownloadRead More
As widely anticipated, the Fed did not change its target rate today (July 19). Instead, the Fed set the stage for cuts possibly later this year. Overall, the market's response was a choppy climb to a modestly higher close. A more enthusiastic move by the market may have occurred if the Fed cut rates. Gold's reaction was more favorable, finishing the day higher by over 1%. Generally, the lower in...Read More