Searchlight Resources Inc. ("Searchlight" or the "Company") (TSXV:SCLT) is pleased to announce that it has entered into an option agreement (theRead full newsRead More
The shares are testing resistance at their 320-day trendlineMorgan Stanley (NYSE:MS) has edged higher in recent weeks, boosted by a positive earnings reactions and dividend excitement following the Fed's annual stress tests. This modest bounce now has the bank shares trading near a trendline that's had bearish implications in the past, which could put them on track to resume their longer-term down...Read More
Last week was a good week for gold.As of last week's close, GLD's five-year cumulative return of 6.4% has edged out the 4.1% gain earned by GDX.GDX has the capacity to make a 32% jump in the months ahead.A mining stock ETF with the best potential. No doubt about it. Last week was a good week for gold. Well, gold stocks really. The VanEck Vectors Junior Gold Miners ETF (NYSEARCA:GDXJ) was u...Read More
Gold futures settled sharply lower Thursday, reversing a morning climb, after the European Central Bank's decision to signal its plan to ease monetary policy disappointed investors by not including immediate action or details of its likly efforts. The ECB said it stood ready to cut interest rates and deliver "highly accommodative" monetary policy, including additional asset purchases, in its effo...Read More
Paysign's recent plummet put it right back in line with a historically bullish signal The shares of Paysign Inc (NASDAQ:PAYS) have yet to recover from Monday's bear gap, sparked by a downgrade from BTIG.Today, the stock is down 3.7% at $13.26, looking to snap its seven-week win streak with a 24.4% weekly loss so far -- its biggest since 2016. It looks grim for PAYS right now, but there might be a...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to provide an update on the ongoing drilling program on the Hurricane zone at the Larocque East property. Highlights include assay results from drill hole LE19-16A and the intersection of uranium mineralization in drill hole LE19-18C1. The Hurricane zone is located on the Company's 100% owned Larocque East property (the...Read More
Golden Predator Mining Corp. (TSXV:GPY, OTCQX:NTGSF) (the "Company") is pleased to announce that it has completed its previously announced private placement and issued 11,600,000 charity flow-through Class A common shares at a price of $0.45 per share, 7,000,000 traditional flow-through Class A common shares at a price of $0.38 per share, and 4,500,000 non-flow-through Class A common shares at a...Read More
Microchip Technology notched an impressive bull gap WednesdaySubscribers to Schaeffer's Expiration Week Countdown options recommendation service just tripled their investmenton the Microchip Technology Inc. (NASDAQ:MCHP) weekly 7/26 90-strike call trade. Below, we'll explain the factors that went into this short-term options trade hitting its expected target, leaving speculators with a big win.We...Read More
Oil prices are rallying, thoughThe Dow Jones Industrial Average (DJI) is headed for back-to-back losses amid a post-earnings slide for Dow (DOW) stock. Boeing (BA) headwinds are also pressuring the blue-chip index, with the stock getting hit with a round of price-target cuts following yesterday's bruising earnings reaction. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also trading lo...Read More
It's going to be a busy week for traders Wall Street is ready to barrel into August with jam-packed economic and earnings calendars. In addition to an onslaught of jobs data -- culminating in the Friday release of July's nonfarm payrolls report -- traders will be watching Wednesday's policy announcement from the Fed, with the market currently pricing in a quarter-point rate cut.Meanwhile, Apple (A...Read More
ALGN and XLNX shares are trading in the red this morningCorporate earnings keep pouring in, and two names making notable moves lower after quarterly reports are teeth straightening expert Align Technology, Inc. (NASDAQ:ALGN) and programmable chip producer Xilinx, Inc. (NASDAQ:XLNX). Here's the data you need to know for the shares of ALGN and XLNX this morning. Align Technology was hit with at lea...Read More
The blue chip announced earnings and revenue that came in ahead of estimates Industrial technology concern 3M Co (NYSE:MMM) is eyeing its fourth consecutive win today, brought on by impressive second-quarter earnings and revenue. Specifically, 3M announced adjusted quarterly profit of $2.20 per share, beating analysts' consensus $2.05 estimate, and revenue that topped expectations at $8.17 billion...Read More
Southwest Airlines stock has managed to move higher this yearEarnings season continues this morning as traders digest a quarterly beat out of Southwest Airlines Co (NYSE:LUV). Specifically, Southwest managed a slight profit despite the global grounding of the Boeing 737 Max planes, while also dishing out a better-than-expected quarterly earnings. Softening the Boeing blow was the company's strong...Read More
Each asset class performs better than others only for a duration.It is timely to denominate all our financial assets in gold instead of currencies.Many reasons behind gold's ascent since last August are strengthening.Miners enjoy improved profitability because of rising gold prices.Hypothesis: Data processing can transform the complex data set to a format in charts that are easier to view and unde...Read More
Under Armour stock is up 55% this yearThe shares of Under Armour Inc (NYSE:UAA) are up 0.5% to trade at $27.51 today, after Telsey Advisory Group upped its price target on the athletic apparel name to $25 from $22. Now, Under Armour stock is heading toward its third straight win. The shares have carved out a channel of higher highs and lows all year, with recent pullbacks finding support at their...Read More
3M and Facebook both announced impressive quarterly earningsDow Jones Industrial Average (DJI) futures are clinging to slim gains, following yesterday's wild trading -- which included a loss for the Dow and record highs for the Nasdaq and S&P. On the earnings front, Dow component 3M (MMM) unveiled earnings and revenue that topped analysts' estimates, while FAANG name Facebook (FB) also announced w...Read More
The brokerage firm targeted 20% upside for the video game stockBofA-Merrill Lynch upgraded Activision Blizzard, Inc. (NASDAQ:ATVI) stock to "buy" from "neutral," and boosted its price target to $56 from $54 -- a nearly 20% premium to last night's close at $46.86. The brokerage firm said ATVI stock is on the "verge of inflection," and noted its bullish outlook is for the "longer-duration investor."...Read More
With five months to go and the markets still hanging around record highs, ETF experts are naming their top picks to help investors position themselves going into year-end.Read full newsRead More
Is Highland Gold Mining Limited (LON:HGM) a good dividend stock? How can we tell? Dividend paying companies with...Read full newsRead More
Gold is threatening to break out out of its lateral trading range again.A rally while the dollar is strong is not ideal for gold's long-term health.Evidence shows that increased fear is the driving force behind gold.For the second time this year we're seeing a market condition in which the gold price is being driven almost exclusively by fear. And while this condition can be quite profitable f...Read More