Technical analyst Clive Maund charts the markets and discusses what he believes is ahead for stocks, the dollar and commodities. Notwithstanding the Fed's seemingly limitless ability to create money to throw at the stock market, which has caused it to rally in recent weeks in the face of a dead economy and apocalyptic jobs data and earnings, etc., all the charts we are going to look at here point...Read More

Sector expert Michael Ballanger reflects on how Rodney Dangerfield's famous one-liner applies to today's gold market. Rodney Dangerfield Wikimedia CommonsIn March 1967, for most of the adult population in North America, the most popular comedians were almost all television series personalities, such as Carol Burnett, Buddy Ebsen and Dick Van Dyke. These stars were the softcore comics enjoyed by...Read More

Pretium Resources' flagship mine continues to generate free cash flow. Pretium's Brucejack MinePretium Resources Inc. (PVG:TSX; PVG:NYSE) announced in a news release its Q1/20 results.With operations unaffected by COVID-19, according to the company, Pretium produced 82,888 ounces of gold at its Brucejack mine at an all-in sustaining cost (AISC) of $996 per ounce of gold sold. The number of tons m...Read More

Lion One Metals plans to have three rigs at work there during the dry season. In a news release, Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX) announced that three diamond drill rigs are being mobilized for the planned 2020 dry season exploration program at its Tuvatu gold project on Fiji. The aim of the upcoming drill program is to further confirm presence of a large-scale alkaline gold system w...Read More

Megastar Development agrees to extend the due date of the final payment until year-end 2020. In a news release, Megastar Development Corp. (MDV:TSX.V; MSTXF:OTC; M5QN:FSE) announced it amended its 2017 agreement that affords DeepRock Minerals the option to purchase a 50% interest in Megastar's Ralleau zinc-copper-silver property in Quebec's Abitibi Greenstone Belt.The companies made two changes t...Read More

Newrange Gold is preparing to restart operations as soon as COVID-19 restrictions are eased. In a news release, Newrange Gold Corp. (NRG:TSX.V; NRGOF:OTC) provided an update on operations at its Pamlico project in Nevada and its North Birch Project in Ontario, both of which continue to be affected by COVID-19 mandates.With the prospect of those restrictions being lessened in the near future, the...Read More

Big gains for the tech sector helped Wall Street pare steep lossesThe Dow pared a 250-point deficit at its session lows to finish marginally higher in the final minutes of trading. The S&P 500 and Nasdaq also clawed their way into the black, brushing off anxieties over newly bubbling tensions between the U.S. and China, as well as a dismal day for the airline sector. Big tech appears to have saved...Read More

Options bears are targeting AAL and DAL as the air line sector sells off The airline sector is reeling today, and dragging the broader market down with it, following Warren Buffet-owned Berkshire Hathaway's (BRK.A) decision to drop all of its airline sector holdings. This includes Delta Air Lines, Inc. (NYSE:DAL) and American Airlines Group Inc (NASDAQ:AAL). The news has sparked wild trading in th...Read More

AAPL sports attractively priced options to bootThe 20 stocks listed in the table below have attracted the highest weekly options volume during the past 10 trading days, with data courtesy of Schaeffer's Senior Quantitative Analyst Rocky White. Stocks highlighted in yellow are new to the list. One name that sticks out in particular is FAANG name Apple Inc (AAPL). Below, we'll take a closer look at...Read More

UBER was turned away at its 80-day moving averageThe shares of Uber Technologies Inc (NYSE:UBER) were last seen down 4% trading at $27.25, after it was announced Friday that a U.S. judge ordered the ride sharing behemoth to face a lawsuit claiming its "illegal predatory pricing" and other anti-competitive practices hindered competition. And today, the ride-sharing app's Eats program exited eight...Read More

Plus, Inovio's 40-day moving average has had bullish implications in the past As summer inches closer, the classic mantra "sell in May and go away" is always worth revisiting. But instead of focusing on the stocks that struggle, we took a look at the best sectors to own during the summer months, as well as one stock in particular that is flashing a historically bullish signal. More specifically,...Read More

The Dow is down around 200 points middayAs heavy-weight Walt Disney (DIS) and U.S.-China tensions permeate throughout the broader market, the Dow Jones Industrial Average (DJI) is down around 200 points midday. A steep selloff in the airline sector is also dragging stocks, with the S&P 500 Index (SPX) just below breakeven in today's session. On the flip side, the Nasdaq Composite (IXIC) is inch...Read More

Constellation Brands upped their stake in Canopy Growth to 38.6% thisThe shares of pot producer Canopy Growth Corp (NYSE:CGC) are climbing higher this morning, up 4.9% to trade at $15.97 after beverage name Constellation Brands (STZ) exercised warrants to buy shares of CGC, raising its stake to 38.6%. Jefferies chimed in, saying that the move was "financially sensible," but warning that it's still...Read More

BRKA sold its entire stakes in four major U.S. airlinesBerkshire Hathaway Inc. (NYSE:BRK.A) sent airline stocks tumbling after CEO Warren Buffet announced that the conglomerate sold its entire stakes in the four largest U.S. airlines -- Delta Air Lines (DAL), American Airlines (AAL), Southwest Airlines (LUV), and United Airlines (UAL). The company also reported a first-quarter earnings and revenue...Read More

INTC has found a short-term floor at the $57 levelIntel Corporation (NASDAQ:INTC) is making headlines this morning, after TechCrunch reported over the weekend that the chip company is reportedly in advanced talk to acquire Israeli public transit app developer Moovit for $1 billion. Moovit, whose free mobile navigation app provides transit data to more than 750 million users in 100 countries, prev...Read More

The U.S. and China are in dispute over the coronavirus originsDow Jones Industrial Average (DJI) futures are poised to open the week with a triple-digit move below fair value. Futures on the Nasdaq-100 Index (NDX) and S&P 500 Index (SPX) are also bracing for sharp losses, as investors eye a crumbling airline sector, grounded after Warren Buffett's Berkshire Hathaway dumped all of its airline s...Read More

Gold will remain firm on restarting US China trade tensions. Pre USA presidential drama has started. Trump has started blaming china for corona virus. Trump has restarted the trade war. The trade war is a political drama by Trump to divert mass attention from late reaction to CVOID crisis. There will be more such politically motivated things by Trump. Gold will remain firm till November. There c...Read More

10 years ago every “analyst” and his brother was hyping the future price of gold and I kept track of their guesses in an article entitled “Gold Going To $2500, $5000, $10000, Even More? These 148 “Analysts Think/Thought So“. None of their forecasts “panned” out (pun intended) but some are back at it again suggesting that we are going to see gold going as h...Read More

April marks a second month of truly extraordinary developmentsin markets – from negatively priced crude oil futures to a record spike inunemployment claims to a lockdown-defying rally in stocks. The financial media is touting the S&P 500’s surge of morethan 13% in April – the biggest one-month gain for the index since 1974. While stock market investors have made up a big chu...Read More

Negative oil prices isanother corona consequences that no one saw coming. A 30% drop in world oil demand due to the corona lockdown's resulting in demand falling to 70m barrels per day, whilst the producers are pumping out over 90mbd meant that storage faculties had become saturated, thus nowhere to transport new supply to. What actually triggered the collapse was the expiry of May NYMEX oil futur...Read More