"Grown Rogue Talks Growth Strategy in Exclusive Interview -- CFN Media -- @GrownRogue #GrownRogue #GRIN $GRIN #MomentumStocks #THC #Cannabis #Oregon #OregonCannabis #OregonCannabisGrowers #CannabisCultivation --Read the News Release here: https://t.co/0vfQSAReXD"Read full newsRead More
Stocks were gaining on Friday following a lower opening of the trading session and the morning sell-off. The S&P 500 index extended its downtrend before bouncing off and closing 0.4% higher. So was it an upward reversal or just correction within a downtrend?S&P 500: Negative Expectations AgainThe U.S. stock market indexes gained 0.1-0.4% on Friday, after bouncing off their new lows as inve...Read More
Source: Streetwise Reports 05/09/2019Ralph Aldis, portfolio manager at U.S. Global Investors, in this interview with Streetwise Reports, talks about movements in the gold market, why precious metals producers are doing better than explorers and developers, the funds that he manages and companies on his buy and sell list.Streetwise Reports: Ralph, gold has been trading within a relatively narro...Read More
Options traders have been targeting CYBR puts at a rapid clip latelyCyberArk Software Ltd (NASDAQ:CYBR) headlines the unofficial last week of earnings season, set to unveil its first-quarter results before the open tomorrow, May 14. Ahead of the event, CYBR stock has pulled back with the broader market -- down 3.8% to trade at $121.13 -- as the options market prices in a big swing for Tuesday's tr...Read More
Traders are hitting the bricks after China's retaliatory tariffsThe Dow Jones Industrial Average (DJI) is falling further at midday, flirting with a 600-point pullback on this morning's bombshell that China is raising tariffs on U.S. imports. Huge losses in the tech sector have the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) posting similar pullbacks, while Apple (AAPL) is the top Dow loser so...Read More
H.C. Wainwright initiated coverage with an $11 price target and a "buy" ratingH.C. Wainwright just initiated coverage on the drugmaker Rockwell Medical Inc (NASDAQ:RMTI). The brokerage firm started with a "buy" rating and an $11 price target, which is more than double the stock's current levels. The analyst called Rockwell, which specializes in end-stage renal disease treatments, an "emerging biop...Read More
Gold shows more improvement as trade war fears increase.But gold's leading supports, including silver, are still weak.XAU index is also very weak and hasn't confirmed gold's latest rally.The gold price has received a much-needed safety bid since last week, and this has sufficed to keep the metal's price above its recent four-month low. But as we'll discuss in today's report, more is ne...Read More
First Quantum Minerals (TSE: FM) is investigating the possibility of re-starting its idled Ravensthorpe nickel/cobalt operation in Australia, according to UK-based market research firm Roskill.The Vancouver-based company acquired the Ravensthorpe mine and processing plant from BHP in February 2010, with commercial production reached in December 2011. However, the mine was later placed under care a...Read More
First Quantum Minerals (TSE: FM) is investigating the possibility of re-starting its idled Ravensthorpe nickel/cobalt operation in Australia, according to UK-based market research firm Roskill.The Vancouver-based company acquired the Ravensthorpe mine and processing plant from BHP in February 2010, with commercial production reached in December 2011. However, the mine was later placed under care a...Read More
TEVA is pacing for its worst session since 2017Drugmaker Teva Pharmaceutical Industries Ltd (NYSE:TEVA) is tanking this morning, last seen down 12.7% at $12.53, after several U.S. states filed a price-fixing lawsuit against the company, accusing it of scheming to stifle generic drug competition. What's more, already today the security has touched a fresh annual low of $12.45, and is set for its...Read More
Poland's prime minister and other government officials will meet on Tuesday to discuss a threat by Australia's Prairie Mining to sue Warsaw over difficulties it faced in developing coal projects, three sources familiar with the situation said.Prairie Mining, which has been developing two mines in Poland, said in February that it had notified the Polish government about an investment dispute and th...Read More
Poland's energy market is being left to speculators after repeated interventions by the government have put off long-term investors, the head of market regulator URE told Reuters, describing the situation as a "tragedy".Maciej Bando, whose five-year term ends in June, said unpredictable decisions by the ruling Law and Justice (PiS) party aimed at protecting state-run businesses and a recent cap on...Read More
The newly public company just reported its first-quarter resultsThe Germany-based e-commerce concern Jumia Technologies AG (NYSELJMIA) released its first-quarter results this morning -- its first since going public in mid-April -- to disastrous results. The so-called "Amazon of Africa" company reported smaller-than-expected growth in revenue from last year, and a big quarterly loss. In response, J...Read More
Even the richest mine eventually runs out.That's what's happening in South Africa, where AngloGold Ashanti Ltd. announced plans Thursday to dispose of its last remaining pit in the country, just as voters were heading to the polls for the sixth general election since the end of apartheid.A transaction for the Mponeng mine southwest of the capital Johannesburg is unlikely to rock financial markets...Read More
Nova Scotia is in the middle of a gold rush," said Sean Kirby, Executive Director of MANS. "One gold mine opened in 2017, four are in the permitting process and there is a lot of exploration taking place. The Nova Scotia Gold Show will be an opportunity for investors and exploration companies to learn about the exciting opportunities in Nova Scotia."The Gold Show will take place October 17-19,...Read More
Most analysts are already bullish on the cannabis stockAlliance Global initiated coverage on Canopy Growth Corp (NYSE:CGC) with an upbeat "buy" rating, saying the Canada-based company can become the "global leader in cannabis," and called its buyout deal with Acreage Holdings a "critical game changer." This echoes the broader bias seen among the brokerage bunch, with eight of 11 analysts maintaini...Read More
The pullback puts Nvidia below a $100 billion market capThe semiconductor sector is often one of the hardest hit when trade tensions with China are on the rise, and we're seeing that today after the Asian nation announced shortly before U.S. markets opened that it was increasing tariffs. One name to watch during these moment, especially this week, is GPU giant Nvidia Corporation (NASDAQ:NVDA). I s...Read More
Markets Gold Oil Markets back in the red as tariffs increased European markets are mostly lower at the start of the week and the US is expected to open even deeper in the red after talks between the US and China broke down and tariffs were increased. The talks appeared to be going quite smoothly until a week ago when the cracks started to appear, since when markets have given up a chunk of...Read More
As the platinum industry heads for its annual gathering in London, the question is whether one of the worst-performing metals of the last few years can sustain its recent recovery.For now, the signs are that it may. Prices of the metal mostly used in autocatalysts are off to the best start to a year since 2016 as investors flock back to exchange-traded funds. The outlook in the physical market is...Read More
The world's second largest miner, Rio Tinto, (ASX, LON, NYSE:RIO) is a step closer to begin expanding its West Angelas iron ore mine in the Pilbara, Western Australia, as it has received the state's environmental watchdog's approval.The Environmental Protection Authority (EPA) said Monday it would recommend open-cut mining at the site to be expanded by 4,100 hectares to 26,700ha, taking it to with...Read More