Former Minnesota governor and host of "the World According to Jesse," Gov. Jesse Ventura joins Rick Sanchez to react to the recently concluded NATO summit in London, UK and weigh in on the true purpose of NATO and the power of the war lobby in Washington. Jesse Ventura, is an American politician, actor, author, Navy Seal, and former professional wrestler who served as the 38th Governor of Minnesot...Read More
"You know, Saudi Arabia - we moved more troops there. And they're paying us billions of dollars. Okay? You never heard of that before. You've never heard of that in your whole life," Continue...Read More
The price of ferrous scrap imported into India moved up again this week ahead of a seasonal slowdown for the European holiday season, sources told Fastmarkets on Friday December 6.Fastmarkets' steel scrap, shredded, index, import, cfr Nhava Sheva was $286.46 per tonne on Friday, up from $282.56 per tonne one week previous.One deal was heard for shredded material into India at $291 per tonne this w...Read More
A few weeks ago we noted the bullish setup for 2020. Macro developments, one way or another will tend to favor Gold. There isn't a Continue...Read More
Slab export prices from Brazil increased this past week, but most negotiations were paused due to the threat of tariffs by the United States against imports of Brazilian steel.Fastmarkets' weekly price assessment for steel slab exports, fob Brazil, was $370-395 per tonne fob on Friday December 6, up from $360-380 per tonne fob on November 29.The upper end of the range reflected recent offers...Read More
The gold-silver company continues to advance the asset. Megastar Development Corp. (MDV:TSX.V) announced in a news release that its preliminary exploration work revealed characteristics of an "significant epithermal system" at its Magdalena project in central Oaxaca, Mexico. Magdalena sits in the middle of the Oaxaca gold-silver polymetallic epithermal belt in the Sierra Madre del Sur. The compan...Read More
Regional geology, mineral showings, historical drill results and magnetic survey results are among the information obtained. Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTCMKTS; 0NB:FSE) completed compiling preliminary data on the McKenzie East project north of Val d'Or, Quebec, it announced in a news release. The company retrieved the information from various public sources like Mineral Titles-GE...Read More
CIS export billet gained $10 per tonne in the week to Friday December 6, with customers accepting deals at higher prices in response to rising scrap costs.Fastmarkets' daily steel billet index, export, fob Black Sea, CIS was $400 per tonne fob Black Sea on Friday, against $390 per tonne fob on the same day last week.Sales of CIS-origin billet were done to North Africa...Read More
Incubating and monetizing assets are among the company's strategic objectives. Nexus Gold Corp. (NXS:TSX.V; NXXGF:OTCQB) announced in a news release it entered an agreement to grant Kruger Gold the right to acquire a 75% stake in the Rakounga gold project in Burkina Faso. An exploration permit has been obtained for Rakounga, which spans 250 square kilometers, and Nexus has done some exploration w...Read More
China's domestic rebar prices continued dropping on Friday December 6 as mills maintained high levels of production over the week. Eastern China (Shanghai): 3,870-3,900 yuan ($549-554) per tonne, down 70 yuan per tonneNorthern China (Beijing): 3,630-3,670 yuan per tonne, down 40 yuan per tonneRebar output at major Chinese mills totaled 3.63 million tonnes over the week ended Thursday, up 70,0...Read More
The price of grade-304 stainless steel flat products in Europe fell significantly over the past week on substantially lower monthly alloy surcharges for December, sources told Fastmarkets on Friday December 6.Fastmarkets' weekly price assessment for stainless steel cold-rolled sheet, 2mm, grade-304, transaction domestic, delivered North Europe, was ?,?2,130-2,150 ($2,363-2,385) per tonne on Friday...Read More
The Dow ended the week on a high note, following a strong nonfarm payrolls reportThe Dow snagged a 337-point win today, following a strong U.S. jobs report. Data showed 266,000 jobs were added in November, exceeding economists' expectations. Several stocks boosted the blue-chip index, too, including Goldman Sachs (GS), which rallied 3.4% on a strong day for financials. More broadly, a booming ener...Read More
CHWY just ran into its 40-day moving average, which has spelled trouble for the stock in the past The shares of online pet supply retailer Chewy Inc (NYSE:CHWY) have been making several attempts to distance themselves from their late-November bottom near the $21 level. Just yesterday, the stock picked up a 6.3% gain on a mixed analyst note from Morgan Stanley, and continues to climb higher today -...Read More
SFIX earnings are due after Monday's closeOptions volume is running hot on Stitch Fix Inc (NASDAQ:SFIX), as the retailer prepares to report earnings after the stock market closes next Monday, Dec. 9. With a little under two hours left in today's trading, around 7,000 puts and 5,400 calls have changed hands on SFIX -- three times what's typically seen at this point, and volume pacing in the 92nd an...Read More
MGM has been holding near its 52-week peak from NovemberMGM Resorts International (NYSE:MGM) hit an annual high of $32.24 back on Nov. 27, and was last seen holding just below this milestone after finding support in recent sessions near the 20-day moving average, checking in at $32.12. On the day, MGM stock is up 0.6%, even after SunTrust Robinson began coverage on the casino owner with a "hold" r...Read More
The Dow made outsized moves in both directions this weekThe first week of December was a wild one on Wall Street, with the Dow making triple-digit moves on four separate occasions. Ahead of the Dec. 15 deadline for the U.S. add tariffs on more Chinese goods, investors reacted to a wide range of trade rhetoric from both sides. Stocks took a hit early in the week after President Donald Trump suggest...Read More
Oil is getting a boost on an OPEC agreementStocks continue to climb after this morning's impressive jobs report, with the Dow Jones Industrial Average (DJI) sporting a more than 300-point lead at the halfway point. Positive China buzz and rising oil prices are only adding to the bullish bias, after Organization of the Petroleum Exporting Countries (OPEC) members agreed on even deeper production c...Read More
Trade Desk stock has more than doubled in 2019Digital advertising firm Trade Desk Inc (NASDAQ:TTD) is moving higher this morning, following an upgrade to "buy" from "hold" at Needham. The brokerage firm said the company's top line should get a boost as demand for ads rise ahead of next year's U.S. presidential election. From a broader perspective, six of the 13 following analysts held a "buy" or...Read More
All other ATNX analysts are bullishAthenex Inc (NASDAQ:ATNX) yesterday touched its highest point since August, testing the site of a massive bear gap from that time, recently enjoying support from the 10-day moving average. Thursday's price action came as a result of news of a $60 million private stock offering with a group of institutional investors, and the shares are up another 1% today at $16....Read More
Cassava announced promising results for a mid-stage study of its lead Alzheimer's drug The shares of Cassava Sciences Inc (NASDAQ:SAVA) are having another blowout day of trading, already up 24.4% at $2.24, and earlier touched a fresh annual high of $2.31. Now pacing for their highest close in over a year, the stock's surge comes after the drugmaker's lead Alzheimer's treatment, PTI-125, showed eff...Read More