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Gold expecting Sideways to Bullish Price Action (Elliott Wave Analysis)

October 24, 2018 / www.fxstreet.com

4H: Wave 4 is either complete or is still continuing as an Expanded Flat. Strategy: In either case from short term perspective we should be to looking for longs. Buying near the low of previous Wave 4 with SL at Wave .i/.a high would be ideal if the market permits the same. The author or any person directly or indirectly associated with 50eyes.com does not hold any liability for any pro...Read More

Potential explosives sent to White House, Hillary Clinton, Obama

October 24, 2018 / www.kitco.com

Makini Brice, Gabriella BorterWASHINGTON/NEW YORK (Reuters) - Federal authorities are investigating suspicious packages sent to the White House, former U.S. President Barack Obama and former Democratic presidential candidate Hillary Clinton, the U.S. Secret Service and a person familiar with the matter said on Wednesday.A suspicious package addressed to the White House was intercepted at an off-si...Read More

Citron's Tesla U-turn dealt short sellers a $1.11 billion loss

October 24, 2018 / www.kitco.com

NEW YORK (Reuters) - The sharp surge in Tesla Inc's share price on Tuesday slammed short sellers of the stock with $1.11 billion in losses for the day on paper, pushing their performance for the year into the red, according to financial analytics firm S3 Partners.Tesla shares jumped 13 percent on Tuesday after long-time critic and short-seller Citron Research said it had a change of heart and is n...Read More

These Stocks Could Chug Higher Into November

October 24, 2018 / www.schaeffersresearch.com

History suggests the railroad stocks' pullback is a buying opportunityThe shares of Norfolk Southern Corp. (NYSE:NSC) are higher in early trading, as traders applaud the company's quarterly earnings report. What's more, the stock's rally could have legs, if recent history is any indicator. In addition, fellow railroad stock Union Pacific Corporation (NYSE:UNP) could be flashing buy before the comp...Read More

Citrix Systems Options Pricing in a Bigger-Than-Usual Earnings Reaction

October 24, 2018 / www.schaeffersresearch.com

CTXS shares are testing support north of the century markShares of Citrix Systems, Inc (NASDAQ:CTXS) are hovering near breakeven at $102.20 today, as traders gear up for the company's third-quarter earnings, which are set for release after the market closes tonight. Below we will take a look at how CTXS has been faring on the charts, and at what the options market has priced in for the stock's po...Read More

UK PM May to address her lawmakers after attacks over Brexit

October 24, 2018 / www.kitco.com

LONDON (Reuters) - British Prime Minister Theresa May will address Conservative Party lawmakers at a private meeting in parliament on Wednesday after anger at her Brexit negotiating strategy prompted some of them to discuss replacing her.May asked to address her divided party’s powerful “1922 Committee” where she can expect questions from lawmakers, some of whom have discussed fo...Read More

Goldman Sachs Says Buy the Dip on This Boeing Rival

October 24, 2018 / www.schaeffersresearch.com

The brokerage firm said the stock's recent pullback creates an attractive valuationGoldman Sachs upgraded Lockheed Martin Corporation (NYSE:LMT) to "buy" from "neutral," and added the Boeing (BA) rival to its "conviction list," saying a "recent pullback in shares makes valuation more attractive." The brokerage firm also raised its price target by $3 to $394. Nevertheless, the shares are down 0.6%...Read More

Boeing lifts Dow, but chipmakers pose headwind

October 24, 2018 / www.kitco.com

(Reuters) - The Dow Jones Industrial Average rose on Wednesday after Boeing raised its profit forecast, easing worries of slowing corporate profits, but a dim outlook from other China-reliant companies, including chipmakers, pressured the S&P 500 and Nasdaq.Shares of Boeing (BA.N), the single largest U.S. exporter to China, rose 3.5 percent after the planemaker topped analysts’ forecast...Read More

Americans' anger may help Democrats in Nov. 6 vote: Reuters/Ipsos poll

October 24, 2018 / www.kitco.com

NEW YORK (Reuters) - Ben Chico, 67, a Republican in California, says his annoyance with Democrats morphed into full-blown outrage when he heard they might try to impeach President Donald Trump after the Nov. 6 elections.Eden Stramer, 23, a North Dakota Democrat, says the possibility of abortions becoming illegal again leaves her fuming.And Pattie Blair, 74, a Democratic voter in Phoenix, says ange...Read More

U.S. new home sales drop to near two-year low in September

October 24, 2018 / www.kitco.com

WASHINGTON, Oct 24 (Reuters) - Sales of new U.S. single-family homes fell to a near two-year low in September and data for the prior three months was revised lower, the latest indications that rising mortgage rates and higher prices were undercutting the housing market.The Commerce Department said on Wednesday new home sales dropped 5.5 percent to a seasonally adjusted annual rate of 553,000 units...Read More

Triumph drills 18.39 m of 1.035 g/t AuEq at Freegold

October 24, 2018 / www.stockwatch.com

Mr. Paul Reynolds reportsTRIUMPH GOLD ANNOUNCES RESULTS FROM EXPLORATION DRILLING IN THE GRANGER AND GUDER ZONESTriumph Gold Corp. has released the results of exploration drilling in the Granger and Guder zones on its 100-per-cent-owned, road-accessible Freegold Mountain property in Yukon. The Granger and Guder zonesare located in the central portion of a six-kilometre-long multielement soil anoma...Read More

Triumph drills 18.39 m of 1.035 g/t AuEq at Freegold

October 24, 2018 / www.stockwatch.com

Mr. Paul Reynolds reportsTRIUMPH GOLD ANNOUNCES RESULTS FROM EXPLORATION DRILLING IN THE GRANGER AND GUDER ZONESTriumph Gold Corp. has released the results of exploration drilling in the Granger and Guder zones on its 100-per-cent-owned, road-accessible Freegold Mountain property in Yukon. The Granger and Guder zonesare located in the central portion of a six-kilometre-long multielement soil anoma...Read More

Corvus Gold acquires 15.2 sq km of land in Nevada

October 24, 2018 / www.stockwatch.com

Mr. Jeffrey Pontius reportsCORVUS GOLD EXPANDS ITS DISTRICT-WIDE LAND PACKAGE BY 15 SQ. KM, ADDING SEVERAL NEW TARGET AREAS, BULLFROG DISTRICT, NEVADA Corvus Gold Inc. has expanded its district-wide land package by approximately 14 per cent and now controls 100 per cent of 123.1 square kilometres in the Bullfrog mining district. The new 15.2-square-kilometre land package was staked as open ground...Read More

Corvus Gold acquires 15.2 sq km of land in Nevada

October 24, 2018 / www.stockwatch.com

Mr. Jeffrey Pontius reportsCORVUS GOLD EXPANDS ITS DISTRICT-WIDE LAND PACKAGE BY 15 SQ. KM, ADDING SEVERAL NEW TARGET AREAS, BULLFROG DISTRICT, NEVADA Corvus Gold Inc. has expanded its district-wide land package by approximately 14 per cent and now controls 100 per cent of 123.1 square kilometres in the Bullfrog mining district. The new 15.2-square-kilometre land package was staked as open ground...Read More

Quantifying drilling efficiencies - Why drilling metrics matter

October 24, 2018 / www.mining.com

How do you measure success?The mining sector continues to look for ways to improve efficiencies and lower costs and drilling companies are following suit. At the end of the day, the best drilling contractors know that it's all about providing maximum value to the customer.Drilling the meters is only one part of the equation and other metrics provide guidance to total value.To quantify drilling eff...Read More

Authorities Probing Suspicious Packages Sent to Hillary Clinton, Obama

October 24, 2018 / www.kitco.com

(Reuters) - Federal authorities were investigating suspicious packages sent to former U.S. President Barack Obama and former Democratic presidential candidate Hillary Clinton, the U.S. Secret Service said on Wednesday.The package to Clinton was found late Tuesday while another package addressed to Obama was found early Wednesday, both during routine mail screenings, the Secret Service said. Both O...Read More

Manufacturing, service PMIs bounce back in October despite cost complaints

October 24, 2018 / www.marketwatch.com

BloombergEmployees prepare fabric for clothing at the 9B Apparel manufacturing facility in Los Angeles. The numbers: The flash reading of IHS Markit's manufacturing purchasing managers index rose to a five-month high of 55.9 in October from 55.6, while the flash services PMI rose to a two-month high of 54.7 from 53.5 in September. Any reading above 50 indicates improving conditions. A flash readi...Read More

Worries on demand, profit outlook and trade dent global tech shares

October 24, 2018 / www.kitco.com

(Reuters) - Global tech stocks have lost about $1 trillion or 9 percent of market value this month, Refinitiv data showed, hurt by worries over slowing global demand, valuations and trade tensions between the United States and China.The losses were also exacerbated by a rise in U.S. yields, which shot up to a near 7-1/2 year high this month and prompted investors to leave risky sectors and move in...Read More

Gold Prices Off Their Lows As New Home Sales Miss Expectations

October 24, 2018 / www.kitco.com

(Kitco News)- Gold prices are off their lows but remain down on the day following further weaknessin the housing sector as fewer consumers bought new homes last month.Wednesday,the U.S. Commerce Department said that new home sales dropped 5.5% inSeptember, to a seasonally adjusted annualized rate of 553,000 homes, down fromAugust's downward revised rate of 585,000. According to consensus fore...Read More

Q&A with Randy Smallwood via @theassay

October 24, 2018 / www.theassay.com

Can you provide an introduction to Wheaton Precious Metals' core business and the history of the company? It takes capitalRead full newsRead More

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