The Fed is now extending its duration of its repo operations, which in December were supposed to conclude in January 2020, to "at least" April 2020.Continue...Read More
Sarah Carpenter, a grandmother and school choice activist who had traveled six hours from Memphis to attend the event, confronted Warren backstage in a filmed exchange that went viral:Carpenter: "I read that your children went to private schools."Warren: "No, my children went to public schools."The clip went viral because Warren wasn't telling the truth. Corey DeAngelis, the director of school cho...Read More
Jordan Roy-Byrne shares his updated targets and levels to watch for gold and gold stocks. With the shares still lagging, a correction in terms of price or time could be all that the sector needs. Jordan also discusses what he looks for in terms of juniors and the works that they need to be doing to attract investors.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Te...Read More
Sentiment is strengthening in the resource sector, but according to Mercenary Geologist Mickey Fulp that doesn't mean market participants should change their strategy. "No matter what kind of market you have, you still do the same things," he said at the recent Vancouver Resource Investment Conference. "You become more cautious in bear markets, but by the same token, the bear markets present the b...Read More
If Trump stays in office for two full terms, AOC's America may be a very difficult trap to escape.Continue...Read More
As the U.S. awaits comments from the Federal Reserve at its meeting Wednesday, Danielle DiMartino Booth gives you an insight on what to expect from the Fed in 2020.Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic new...Read More
"I would never consider diversity in matters of art. Only quality. It seems to me that to do otherwise would be wrong," the writer tweeted.Continue...Read More
Barely a week into global response to the outbreak, the number of confirmed cases has already passed the number of SARS cases reported during the entire monthslong ordeal.Continue...Read More
Freeport-McMoRan's shares are on the cusp of a bear market as the world's largest copper producer warned about plunging copper prices on concerns coronavirus has severely impacted China's economy, reported Reuters. Continue...Read More
Fund manager Adrian Day writes about junior exploration companies in his portfolio that he is recommending for purchase. Evrim Resources Corp. (EVM:TSX.V, Toronto, 0.315) is coming closer to generating long-term revenue. The Ermitano project it discovered and sold to First Majestic keeping a royalty is on track for a Q1 2021 production start-up. The property is adjacent to First Majestic's Santa...Read More
According to the company, the findings indicate potential for further extension of the mineralization there. Contact Gold Corp. (C:TSX.V) announced in a news release assays from two holes drilled as part of its initial program at its Green Springs project in Nevada that expanded the known zones of gold mineralization.Hole GS19-07 hit and extended high-grade oxide gold mineralization where the nor...Read More
The results will help guide the company's future exploration there. Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTCMKTS; 0NB:FSE) reported in a news release that Geophysique TMC has commenced a magnetometer survey at its McKenzie East project in Quebec.The survey should be completed in one week with its results available by the end of February, the company stated. According to the company, the wor...Read More
Hollow steel sections prices in Europe were unchanged this week, despite increasing feedstock costs and quickly expiring import quotas, market sources told Fastmarkets on Wednesday January 29.Fastmarkets' weekly price assessment for steel sections (medium), domestic, delivered Northern Europe, was ?,?620-640 ($683-705) per tonne on Wednesday, unchanged week on week.Earlier in the month, mills and...Read More
AAPL and BA were two big earnings winners todayThe Dow scraped together another win today, propped up by post-earnings surges from blue chips Apple (AAPL) and Boeing (BA). The blue-chip index was up more than 220 points at its session highs, but pared away most of its gains in the final hour. Elsewhere, the Federal Open Market Committee (FOMC) wrapped up its January meeting by keeping the benchma...Read More
Booking stock looks like a great pick for bulls next monthThe month of January is coming to an end, and its no secret that the start to 2020 has already been a wild ride for stocks. Looking ahead to February, the shortest month of the year still comes with its own notable winners and losers, and below, we will take a look at the former, guiding you toward 25 S&P 500 Index (SPX) stocks that have hi...Read More
Cree is expected to report earnings after the close tonight Semiconductor concern Cree, Inc. (NASDAQ:CREE) is part of the sector-wide slide happening today, after several chip stocks posted disappointing quarterly reports. At last check, CREE was down 0.9% to trade at $51.85, after running into a recent ceiling at the 200-day moving average earlier today. This comes just ahead of its own quarterly...Read More
MGM is typically one of the worst performers in FebruaryCasino stocks have taken a hit recently, as the coronavirus outbreak disrupts Macau's gambling operations. While MGM Resorts International (NYSE:MGM) is up 1.9% to trade at $31.56 today, things won't get easier for the casino stock in February. That's because MGM showed up on a list of the worst S&P 500 stocks to own in February over the pa...Read More
Apple and Boeing are continuing to prop up the Dow midday, as the former snaps up a brand-new highThe Dow Jones Industrial Average (DJI) is holding steady on its morning gains, with a more than 100-point pop at the midway mark, as blue chips Apple (AAPL) and Boeing (BA) continue to prop up the index, with the iPhone manufacturer hitting an all-time high. Meanwhile, the S&P 500 Index (SPX) and th...Read More
AMD was overdue for bull notes anywayChip name Advanced Micro Devices, Inc. (NASDAQ:AMD) took its turn in the earnings confessional this morning, and the results were all over the place. The company reported adjusted fourth-quarter earnings of 32 cents per share on $2.13 billion in revenue, both of which topped analyst estimates. However, AMD's revenue forecast for the first quarter came in well...Read More
Amazon stock recently pulled back to its 50-day trendlineFAANG name Amazon.com, Inc. (NASDAQ:AMZN) is up 0.6% this morning at $1,863.38 after receiving a double dose of price-target hikes out of BMO and Deutsche Bank. The brokerage firms raised to $2,150 and $2,275, respectively, the latter of which represents a nearly 23% upside to last night's close of $1,853.25. This bullish sentiment is the no...Read More