Price DataSymbolDatePriceChange52 Wk RangeVolumeCVE:JAX06/08/2017CAD0.2850.0000.350 - 0.040632,457OTCMKTS:JXMNF06/08/2017USD0.21800.00000.2200 - 0.040015,387Alert me when stock is updatedQuick LinksLogin to accessDescriptionJaxon Minerals Inc are a junior, project generator looking for gold with two exploration properties in Canada. They have a market capitalisation of ~C$11.59M which hasn't chang...Read More
It was a wild ride on Wall Street today, with the Dow Jones Industrial Average (DJIA) rallying to a record high as stocks reacted to former FBI Director James Comey's public testimony in front of the Senate Intelligence Committee. The Dow went on to explore negative territory, before eventually eking out a win. It was a similar set-up on the Nasdaq Composite (COMP), which closed at an all-time p...Read More
Once the dust clears from today's testimony of fired FBI Director James Comey, as well as the snap election in the U.K., Wall Street will once again zero in on the Fed. The Federal Open Market Committee (FOMC) is expected to raise interest rates at its June meeting next week, and stock traders will no doubt nitpick Fed Chair Janet Yellen's post-meeting press conference for clues to the next rate h...Read More
The internet has changed the way investors consume stock market news. There is a surplus of investing information out there now, all jockeying for your attention. However, one thing that hasn't changed is the magazine cover story as a sentiment indicator. Today, we're going to discuss how a contrarian trader can profit off these cover stories.Why Cover Stories Are Lagging IndicatorsThis piece is n...Read More
The stock market is tradinghigher, as Wall Street digests former FBI Director James Comey's congressional testimony. There are a number of stocks making volatile moves, though, including high-end department store Nordstrom, Inc. (NYSE:JWN), cancer treatment specialist NewLink Genetics Corp (NASDAQ:NLNK), and hydrogen generation name Hydrogenics Corporation (USA) (NASDAQ:HYGS). Here's a quick look...Read More
Options trading has been brisk on Yahoo! Inc. (NASDAQ:YHOO) in recent weeks, per data from Schaeffer's Senior Quantitative Analyst Rocky White. In fact, YHOO stock has seen some of the highest options volume over the last 10 sessions, with 323,399 calls and 337,712 putstraded. Echoing this, call open interest is docked in the elevated 87th annual percentile, with 452,339 contracts open, while the...Read More
The Dow Jones Industrial Average (DJIA) has traded on both sides of breakeven today, with all eyes on thetestimony of fired FBI director James Comey. So far, Mr. Comey has stopped short of accusing President Donald Trump of obstructing justice, saying that's up to special counsel Robert Mueller to decide. However, Mr. Comey did confirm President Trump asked him to drop the investigation into form...Read More
All eyes will be on the Fed next week, as the Federal Open Market Committee's (FOMC) highly anticipated June meeting gets underway. While an interest rate hike is likely already priced into the stock market, traders will look to the Fed's forecast and comments from Fed Chair Janet Yellen for clues to the pace of future rate hikes. Kroger Co (NYSE:KR) will highlight the relatively quiet earnings...Read More
U.S. stocks are mixed this morning, as markets brace for a potentially volatile day of trading. Among specific names on the move today are Chinese internet issue Alibaba Group Holding Ltd (NYSE:BABA), drug stock Valeant Pharmaceuticals Intl Inc (NYSE:VRX), and retailer Urban Outfitters, Inc (NASDAQ:URBN). Here's a quick look at what's moving shares of BABA, VRX, and URBN. Upbeat Forecast Has BAB...Read More
The shares of gold and silver producer Coeur Mining Inc (NYSE:CDE) have been on a tear since their March lows, and if past is prologue, CDE stock could be headed even higher over the next month. Below, we'll take a look at Coeur Mining stock's recent performance on the charts, and discuss why near-term options buyers may want to take note of CDE shares.Since hitting an annual low of $7.30 on March...Read More
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