Analysts are weighing in on biotech stock Juno Therapeutics (NASDAQ:JUNO), apparel retailer Tailored Brands Inc (NYSE:TLRD), and automotive supplier Lear Corporation (NYSE:LEA). Here's a quick roundup of today's bearish brokerage notes on shares of JUNO, TLRD, and LEA.JUNO Stock Cut to "Sell"BTIG downgraded Juno Therapeutics stock to "sell" from "neutral," sending JUNO shares down 4.8% to trade...Read More
Analysts are weighing in on semiconductor stock NVIDIA Corporation (NASDAQ:NVDA), auction site eBay Inc (NASDAQ:EBAY), and digital payments platform Paypal Holdings Inc (NASDAQ:PYPL). Here's a quick roundup of today's bullish brokerage notes on shares of NVDA, EBAY, and PYPL.Citigroup Says NVDA Stock Can Hit $300Citigroup raised its price target on Nvidia stock to $180 from $145, while adding t...Read More
Dow Jones Industrial Average (DJIA) futures are trading modestly below fair value ahead of a potentially volatile session for stocks. The caution comes with "Super Thursday" events already underway overseas, including a press conference from European Central Bank (ECB) President Mario Draghi and a general election in the U.K. Earlier, the ECB left its interest rate unchanged, but removed its ref...Read More
We continue to see articles and comments in the financial media proclaiming that stocks are not in a bubble.The people claiming this are either delusional or intentionally lying.Most people would argue that Warren Buffett knows a thing or two about investing. He's possibly the single most famous investor of all time and is widely thought to be one of the greatest, if not THE greatest investor in h...Read More
US Stock Markets just keep going higher and higher! How much higher will they go? I am FORECASTING another 25% higher for US Stocks! The bullish trend' from the breakout continues, as expected. Breadth has become strong, once again, including a new all-time high on the SPX Advance/Decline line to match the new all-time high for the SPX. My breath thrust index reissued another buy for the SPX on...Read More
There is something happening in the commodities complex that has been going on for a while, now that needs to be addressed tonight. A subtle change actually started earlier this year and has been gaining momentum especially in the energy sector. I know for a lot of you, with the weak US dollar, you are thinking, "how could commodities be declining," which goes against everything you have learned a...Read More
Gold prices could see strong intraday volatility - analyst* UK election, Ex-FBI director testimony, ECB meeting set for later in the day* Downside for gold is "limited" (especially in sterling)Gold held steady on Thursday as investors awaited cues on market direction amid a number of geopolitical events later in the day that could boost the safe-haven demand for the metal.Gold prices in UK sterlin...Read More
"The Moss Mine Gold/Silver Project in Arizona is Scheduled for Production in Q4, 2017"June 8, 2017, Vancouver, B.C. - Northern Vertex Mining Corp. (TSX.V:NEE, US-OTC: NHVCF) (the Company") is pleased to announce that the Company's wholly-owned subsidiary Golden Vertex Corp. has been advanced the second tranche, in the amount of US$5,000,000, under the senior secured credit facility with Sprott P...Read More
Dear Friend of GATA and Gold:Dave Kranzler of Investment Research Dynamics reports that a huge amount of "paper" gold was dumped on the gold futures exchange in New York today, apparently in connection with the congressional testimony of former FBI Director James Comey:http://investmentresearchdynamics.com/40-5-tonnes-of-paper-gold-dumped-in-4-minutes/Kranzler writes: "One/some/several 'entities...Read More
By: RambusThere is something happening in the commodities complex that has been going on for awhile now that needs to be addressed tonight. A subtle change actually started earlier this year and has been gaining momentum especially in the energy sector. I know for a lot of you, with the weak US dollar, you are thinking, "how could commodities be declining," which goes against everything you have...Read More
Gold Prices Steady On UK Election Risk; ECB and Geopolitical Riskby Reuters* Gold prices could see strong intraday volatility - analyst* UK election, Ex-FBI director testimony, ECB meeting set for later in the day* Downside for gold is "limited" (especially in sterling)Gold held steady on Thursday as investors awaited cues on market direction amid a number of geopolitical events later in the day...Read More
Gold Today -New York closed at $1,293.20 yesterday after closing at $1,293.80 Tuesday. London opened at $1,284.00 today. Overall the dollar was slightly stronger against global currencies, early today. Before London's opening: - The $: EUR was slightly stronger at $1.1232 after yesterday's $1.1254: EUR1.- The Dollar index was stronger at 96.89 after...Read More
UK elections, European central bank meeting and US economic data releases will all affect metals and energies sector. Volatility will be very high. I am against buying gold unless it breaks and trades over $1303. I am against buying silver unless it breaks and trades over $17.81. Crude oil see a big sell off only if it trades below $45.50 and more so in US session. Currencies will affect bulli...Read More
Full Article: Gold Investing: Jobs Report TacticsBy: Stewart ThomsonGold tends to become a rather dull market as the summer approaches. Will this year be different?The summer doldrums are caused by seasonal softness in Eastern jewellery demand, but the next major Fed rate hike announcement and commentary is just two weeks away.Full Article: Gold Investing: Jobs Report TacticsBy: Stewart ThomsonD...Read More
Full Article: In gold we trustBy: Frank HolmesWith the U.S. dollar taking another hit last Friday on a weaker-than-expected jobs report, gold closed up 1.12 percent for the day. A Bloomberg gauge of 72 junior miners, however, has lost 15 percent since the end of January, and the rebalance of the VanEck Vectors Junior Gold Miner ETF (GDXJ), which I previously wrote about, is also having a depressi...Read More
The Dow Jones Industrial Average is trading at all-time highs. The NASDAQ and the S&P 500 are similar. This begs many questions.Are the high stock prices supported by fundaments or have they been levitated with "easy money?"Bubbles always collapse and prices crash. Stock indices are too high, but are they in historical bubble territory?What about gold, silver, real estate and bonds? Are they also...Read More
* Euro steady ahead of ECB policy meeting* Sterling trades near 2-week high before UK election* Dollar recovers from 7-week low vs yen SINGAPORE, June 8 (Reuters) - The euro held steady on Thursday ahead of the European Central Bank's policy announcement, while sterling was supported by expectations that Prime Minister Theresa May's party will win a majority in Britain's election.The common curre...Read More
(Removes extraneous word from second paragraph)* Q1 GDP revised to annualised +1.0 pct vs prelim +2.2 pct* Capex +0.6 pct q/q vs prelim +0.2 pct; inventory revised down* Private consumption +0.3 pct vs prelim +0.4 pct* Export-led growth needs to spread to domestic demand -analysts By Tetsushi KajimotoTOKYO, June 8 (Reuters) - Japan's economic growth in the January-March period was severely revis...Read More
European companies that specialize in storing precious metals are seeing a boom in demand, this according to a report by Bloomberg.Geopolitical uncertainty and accelerating inflation are contributing to the popularity of safe-haven assets, such as gold, which is driving the demand for high-security storage, with many firms looking to expand their capacity."Inflation is a key concern for many of ou...Read More
By Craig HemkeIn what should come as no surprise to anyone around here, The Banks are once again creating as much paper metal as necessary to stall an advance in price. Already twice this year we've seen this happen in Comex Digital Silver and now The Banks are working their alchemic magic in Comex Digital Gold, too.Frankly, I'm not even sure why I'm taking the time to write about this. You kno...Read More