The Trump impeachment investigation is entering a new phase and a step closer to a vote on whether to impeach the president. The U.S. House Judiciary Committee will hold its first hearing next Wednesday - and it's invited Donald Trump along. Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New Yo...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
Brett Swarts is the Founder of Capital Gains Tax Solutions and host of the capital gains tax solutions podcast. Each year, he equips hundreds of business professionals with the Deferred Sales Trust tool to help their high net worth clients solve capital gains tax deferral limitations. His experience includes numerous Deferred Sales Trusts, Delaware Statutory Trusts, 1031 exchanges and $85,000,000...Read More
"Another thing to consider is that we found drugs that we just happened to be looking for in doing the drug interaction assay validation - how many others are in there too that we weren't looking for?"Continue...Read More
Turns out that many companies who seek to embrace equality by any means could actually be doing their shareholders a disservice. But hey, we thought equality of outcome was a Continue...Read More
China's domestic rebar prices dropped on Wednesday November 27 amid inactive trading. Eastern China (Shanghai): 4,050-4,080 yuan ($577-581) per tonne, down 30 yuan per tonneNorthern China (Beijing): 3,790-3,830 yuan per tonne, down 10 yuan per tonneCustomers in eastern China are waiting for rebar cargoes from northern mills to arrive over the coming couple of weeks, which...Read More
Money manager Adrian Day looks at three junior resource companies whose stocks are down significantly in the past few months, and attributes some of this to tax-loss selling. He also lists a handful of companies he believes are best buys right now. Vista Gold Corp. (VGZ:NYSE.MKT; VGZ:TSX, US$0.59) has published an updated prefeasibility study (PFS) on its Mt Todd project in the Northern Territor...Read More
Through recent results, the defense metals company also extends the mineralization there. Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTC; 35D:FSEQB) announced in a news release that further drill results from its Wicheeda rare earth elements (REEs) project near Prince George, Canada, continue to yield higher-grade zones of mineralization like those encountered previously. The company reported result...Read More
Bob Moriarty of 321gold provides an update on the company's recent exploration results. White GoldI called for a pop in the price of White Gold Corp. (WGO:TSX.V; WHGOF:OTCMKTS) when I wrote about them two weeks ago. We got it. The shares were $0.77 when I wrote and went as high at $0.99 in short order.I compared WGO to Great Bear and in my view stated that I thought White Gold was better. In a re...Read More
Stocks continued their recent strength into the Thanksgiving holidayIt was another up day for stocks, as the Dow, S&P 500, and Nasdaq all hit new highs yet again. While upside was somewhat limited in the pre-holiday trading, there was still plenty of data for traders to consider, including a solid update on third-quarter gross domestic product (GDP). Retailers also made big moves again, including...Read More
Implied volatility on MYL options is at historically low levelsMylan NV (NASDAQ:MYL) hit a five-month low of $16.79 on Nov. 8, but has since added 11.1% -- up 2.2% today at $18.71, thanks to an upgrade to "hold" from "sell" at CFRA. This rebound could be short-lived, though, with MYL now trading near a trendline that's had bearish implications in the past.Specifically, MYL is running into its 50-d...Read More
A Medicaid setback is weighing on Evolent Health stockStocks are hovering around record highs as the Thanksgiving holiday nears. Among the names making notable moves today are athleisure name Under Armour (NYSE:UAA), as well as biotech concerns Evolent Health Inc (NYSE:EVH), and cybersecurity name Onconova Therapeutics Inc (NASDAQ:ONTX). Here's a quick look at what's moving the shares of UAA, EVH,...Read More
The November jobs report is due out on FridayCyber Monday will kick off another busy stretch for retailers next week. Earnings from a number of big names -- including AutoZone (AZO), Five Below (FIVE), and RH (RH) -- will also be in focus. Wall Street will also be eyeing a number of economic reports ahead of the mid-December Fed meeting. While no rate cut is expected this time around, Wall Street...Read More
It's definitely not retail, based on historical dataRetail has been the main focus of Wall Street ahead of the holiday season, but it turns out the retail sector has not been a top performer in December during the past 10 years. Instead, the media sector, represented by the PowerShares Dynamic Media Portfolio ETF (PBS) has done well in the month, according to data from Schaeffer's Senior Quantitat...Read More
Jordan Roy-Byrne CMT, MFTAThe precious metals sector remains in a correction. The miners have shown some positive signs but are not ready to move yet because the metals likely have more correction ahead.Technical support levels can provide us with low risk buy opportunities but combine that with sentiment data and we increase our odds of success.One reason why the sector is stuck in a correction...Read More
By: Ira EpsteinGold could see another wave to the downside if the low of yesterday does not hold:Read More
The range trade in gold and silver which has been there in November will be broken in December. Volatility will rise. A new trend should be formed in December. I expect the US dollar Index to crash. Brexit, US jobs numbers and actual signing of the US-China trade deal should be market mover or market shaker in December. Gold managed to trade over $1448 and needs to trade over $1448 to try and ri...Read More
Amazon is one of the worst S&P stocks for December With the unofficial start to the holiday shopping season kicking off during Black Friday, investors might be interested to see which stocks tend to do the best, and which are notorious underperformers next month. One name that could come as a surprise is Amazon.com, Inc. (NASDAQ:AMZN). In fact, the e-commerce giant is the only FAANG name to show u...Read More
The precious metals sector remains in a correction. The miners have shown some positive signs but are not ready to move yet because the metals likely have more correction ahead. Technical support levels can provide us with low risk buy opportunities but combine that with sentiment data and we increase our odds of success. One reason why the sector is stuck in a correction is because the net specul...Read More
There's a lot of pessimism around THC to be unwound The shares of Tenet Healthcare Corp (NYSE:THC) are up 2% to trade at $32.56 today, just a chip-shot off Monday's annual high of $32.89. There's reason to believe more highs are on the horizon, with the healthcare stock flashing a bullish signal for the final month of 2019. More specifically, THC's Monday high comes amidhistorically low implied...Read More