"Next Green Wave Begins Cannabis Production -- @NextGreenWave #Cannabinoid #momentumstocks #NextGreenWave #Cannabis #California #MedicalMarijuana #MakingWaves #WaveMakers #MarijuanaStocks #CSE #BNN #Potstocks #hemp #CBD --Read the News release here: https://t.co/RhOUUXBqBZ"Read full newsRead More
"Next Green Wave Begins Cannabis Production -- @NextGreenWave #Cannabinoid #momentumstocks #NextGreenWave #Cannabis #California #MedicalMarijuana #MakingWaves #WaveMakers #MarijuanaStocks #CSE #BNN #Potstocks #hemp #CBD --Read the News release here: https://t.co/RhOUUXBqBZ"Read full newsRead More
In his April 16th Discovery Watch broadcast, John Kaiser provides an overview of recent news flow out of the James Bay area of Northern Quebec. He kicks things off with the Monday news of BHP Billiton Canada's $5.8 million investment into Midland Exploration (MD). Why would BHP, the largest copper producer in the world, be interested in this tiny Canadian junior?James Bay, Quebec mining area (sou...Read More
The S&P and Nasdaq are poised for weekly lossesThe suffering healthcare sector is keeping the Dow Jones Industrial Average (DJI) in check again today, with investor anxiety ramped up over recent policy proposals fromlegislators. However, the Dow remains in the black at midday, with help from positive earnings reactions for Travelers (TRV) and American Express (AXP). On the other hand, the S&P 50...Read More
Chile's Cochilco state copper commission on Thursday held its estimate for the price of copper at $3.05 per pound, rising to $3.08 for 2020 on improving prospects for growth in China.The price, it said, would be underpinned by a 208,000 tonne deficit in the global market for 2019. The deficit is expected to drop slightly to 202,000 tonnes in 2020.Cochilco said production this year in Chile, the wo...Read More
Barrick Gold Corporation (NYSE: GOLD, TSX: ABX) announced today that it achieved preliminary Q1 production of 1.37 million ounces of gold and 106 million pounds of copper, both in line with its operating plans and guidance.After setting a production record at the its Kibali mine last year, Barrick says the operation is on track for another record performance in 2019. The Kibali gold mine is a join...Read More
Barrick Gold Corporation (NYSE: GOLD, TSX: ABX) announced today that it achieved preliminary Q1 production of 1.37 million ounces of gold and 106 million pounds of copper, both in line with its operating plans and guidance.After setting a production record at the its Kibali mine last year, Barrick says the operation is on track for another record performance in 2019. The Kibali gold mine is a join...Read More
The global coal markets have been on a tear lately. And America's miners are still tanking.Blame natural gas. St. Louis, Missouri-based miner Foresight Energy LP is having its worst month in three years as cheap gas continues to push the fuel out of the U.S. power mix. Alliance Resource Partners LP and Consol Energy Inc. are similarly down 10 percent since mid-March.All three miners depend heavily...Read More
On April 8th we sent out a short-squeeze alert to our Canadian Insider Research Club members about a US-focused cannabis stock listed in Canada. Since the report, the stock has gone on to set new all-time highs. Not surprisingly, the stock is flying again today on the back of the news that Canopy Growth (WEED) is doing a deal to enter the American market.This report is available in the Canadian I...Read More
Amazon and a handful of blue chips will reportEarnings season continues full speed ahead, with no fewer than 10 blue chips slated to report. Included in the list of Dow names reporting earnings next week are Coca-Cola (KO), Caterpillar (CAT), Procter & Gamble (PG), and Visa (V). Also on deck will be a handful of big-name retail, food, and social media giants, including Starbucks (SBUX), Facebook (...Read More
Today Volkswagen joined an open industry collaboration for the responsible sourcing of strategic minerals that will use blockchain technology to increase efficiency, sustainability and transparency in global mineral supply chains. Joining the collaboration will enable the Volkswagen Group to gain greater insight into the provenance of cobalt used in lithium-ion batteries for electric vehicles and...Read More
China Hongqiao Group, the world's biggest aluminium producer, will this year restart some of the smelting facilities it was forced to shut in 2017, two sources with knowledge of the matter said on Thursday.The move will allow the company to replace ageing production lines with newer technology, including a high-performing 600 kiloampere (kA) potline, and will keep its total capacity roughly the sa...Read More
The May 35 put was popular on SKX stock in recent weeksSkechers USA Inc (NYSE:SKX) stock is down 14.3% at $30.19, set to snap its four-day win streak.Today's drop is sparked by the shoemaker's first-quarter earnings of 71 cents per shares, which was less than analysts were expecting. The company's quarterly revenue of $1.28 billion also missed the mark, as did its current-quarter profit and revenu...Read More
CVS has shed 19% so far this year and is trading near six-year lowsShares of CVS Health Corp (NYSE:CVS) are moving lower in this morning's trading, last seen down 0.3% at $52.37. The drugstore chain received a price-target cut to $75 from $90 at Raymond James, and although Guggenheim initiated coverage with a "buy" rating, the firm lowered its price target by 25% to $63, with the latter noting it...Read More
Both retail stocks could soon slice up shortsFollowing Tiger Woods' historic Masters win last Sunday, Jefferies weighed in on golf retailers Callaway Golf Co (NYSE:ELY) and Acushnet Holdings Corp (NYSE:GOLF). The brokerage firm noted the growing golf trend is not just because of the return of 'Tiger-mania.' Said analyst Randal Konik, on-course golf participants grew in 2018 for the first time in...Read More
SBUX could enjoy more analyst-induced tailwindsAn analyst at Jefferies weighed in on what he refers to as the "third wave" of coffee shops, or those artisan local cafes, and their effect on Starbucks Corporation (NASDAQ:SBUX). The brokerage firm believes SBUX can effectively compete because of its scale and technology infrastructure, even if it's not as "hip" as these newer coffee shops. The analy...Read More
The Stoxx Europe 600 is still stuck in a tight range as the earnings season is getting into full swing. The first results have been generally ok so far, albeit with a low bar. Looking at sector performances, the mining sector is still the top this year and miners have been partying on soaring iron ore prices. But there's a shift in the newsflow this week, which could crash the party.Rio Tinto was...Read More
BMO just initiated coverage with an "outperform" rating BMO just initiated coverage of online review name Yelp Inc (NYSE:YELP) with an "outperform" rating and a $45 price target -- a roughly 26% premium to last night's close. The analyst said it sees "revenue growth accelerating" in the next two years, and that the stock's recent dip -- combined with heavy investor skepticism -- provides an "attra...Read More
In a vital south Indian state that starts voting on Thursday, small upstart political parties are luring voters concerned about jobs, economic growth and pollution, threatening to upend Prime Minister Narendra Modi's election strategy in this key region.In Tamil Nadu, a small breakaway group, called Amma Makkal Munnettra Kazagam, is attempting to make inroads in one district by promising to shutte...Read More
In a vital south Indian state that starts voting on Thursday, small upstart political parties are luring voters concerned about jobs, economic growth and pollution, threatening to upend Prime Minister Narendra Modi's election strategy in this key region.In Tamil Nadu, a small breakaway group, called Amma Makkal Munnettra Kazagam, is attempting to make inroads in one district by promising to shutte...Read More