SAN FRANCISCO (Reuters) - The economic boost from U.S. President Donald Trump’s $1.5 trillion tax cut will probably fall well short of most analysts’ “overly optimistic” expectations, two economists wrote Monday in the San Francisco Federal Reserve Bank’s latest Economic Letter.Instead of the boost to GDP growth this year of about 1.3 percentage points estimated by th...Read More

A number of insurance stocks are making big movesThe Dow is rallying for a second straight session. Three stocks makingnoteworthy moves are health insurer Anthem Inc (NYSE:ANTM), pharma name Dova Pharmaceuticals Inc (NASDAQ:DOVA), and workplace services provider Staffing 360 Solutions Inc (NASDAQ:STAF). Below, we will take a closer look at howshares of ANTM, DOVA, and STAF are trading. ANTM Rises...Read More

Chilean Metals Inc. has closed as of today subscriptions and funds totaling $1,636,390 dollars.Read full newsRead More

It’s been an exciting couple of weeks for New Concept Energy, Inc. (NYSEAMERICAN:GBR). GBR stock had almost continuously traded under the $2/share mark dating back to late 2016. Trading volume was light, and it looked like New Concept was doomed to remain a penny stock for the indefinite future.However, all that changed starting June 28th. On that day, GBR stock doubled for no appa...Read More

(Kitco News)- Geopolitical uncertainty iscausing gold prices to spike in the United Kingdom as investors react to twohigh-profile resignations Monday.Spot gold, priced in Britishpounds, has spiked higher and is holding on to gains as uncertainty ripplesthrough the country following the resignation of Brexit Minister David Davisand British Foreign Minister Boris Johnson. Spot gold against the pound...Read More

(Kitco News) - Geopolitical uncertainty is causing gold prices to spike in the United Kingdom as investors react to two high-profile resignations Monday.Spot gold, priced in British pounds, has spiked higher and is holding on to gains as uncertainty ripples through the country following the resignation of Brexit Minister David Davis and British Foreign Minister Boris Johnson. Spot gold against the...Read More

The brokerage firm raised its price target on the FAANG stock to $450The shares of Netflix, Inc. (NASDAQ:NFLX) are trading higher today, thanks to a bullish brokerage note. The FAANG stock was last seen up 1.3% at $413.35 -- on track for its third straight win -- and options traders are targeting even more upside by week's end.Earlier, Barclays boosted its price target on the stock to $450 from $3...Read More

Shares of the Snapchat parent are approaching a key level on the chartsWhile fellow social media stock Twitter (TWTR) is swimming in red ink today, the shares of Snapchat parent Snap Inc (NYSE:SNAP) are higher this afternoon, after TechCrunch said the firm is "building a visual product search feature that delivers users" to Amazon.com (AMZN) listings. Reports of the FAANG partnership have also sen...Read More

By David Hodari LONDON--Copper prices climbed Monday, recouping some of their losses as investors second-guessed some of the industrial metal's heavy geopolitics-driven losses of recent weeks. The price of copper was up 0.96% at $6,369 a metric ton in midmorning trading. Gold prices also climbed, rising 0.78% to $1,264.76 a troy ounce, with the U.S. dollar relinquishing some of its recent gains...Read More

Canyon Copper Corp. (TSXV:CNC) The Company announces that it plans to change its name to "Searchlight Resources Inc." and the trading symbol will change (formerly "CNC") to better reflect the Company's focus on gold, cobalt and base metal projects located in Saskatchewan, Ontario and Nevada. Read full newsRead More

NEW YORK (Reuters) - Oil prices were mixed on Monday, with U.S. crude lower on news about the timeline for the end of a major Canadian production outage, while global benchmark Brent gained on looming sanctions on Iran and falling production in Libya.U.S. light crude futures were down 33 cents to $73.46 by 12:17 p.m. EDT (1617 GMT). Brent was up 74 cents at $77.85.An updated timeline on the restar...Read More

LONDON (Reuters) - Sterling slid on Monday after the resignation of the British foreign minister heaped pressure on Prime Minister Theresa May, but its losses were expected to be contained unless a full-blown leadership challenge materialized.Boris Johnson followed Brexit minister David Davis in resigning in opposition to May's hard-fought blueprint for how Britain is to structure its relationship...Read More

(Kitco News)- Gold and silver prices are modestly higher in early-afternoon U.S. trading Monday.Mild support comes from some bargain hunting in the cash market and shortcovering in the futures market, following recent losses that drove the twoprecious metals prices to multi-month lows last week. The metals were well downfrom their daily highs as the U.S. dollar index recovered early losses to trad...Read More

(Kitco News) - Gold and silver prices are modestly higher in early-afternoon U.S. trading Monday. Mild support comes from some bargain hunting in the cash market and short covering in the futures market, following recent losses that drove the two precious metals prices to multi-month lows last week. The metals were well down from their daily highs as the U.S. dollar index recovered early losses to...Read More

Mr. Nav Dhaliwal of Bonterra reports BONTERRA SIGNS DEFINITIVE AGREEMENT WITH BEAUFIELD RESOURCES INC.Further to its news release of May 23, 2018, Bonterra Resources Inc. has now completed and entered into an option agreement with Beaufield Resources Inc., whereby Beaufield has granted the company an option to acquire a 70-per-cent interest in 81 strategic mineral claims totalling 3,590 hectares,...Read More

Mr. Nav Dhaliwal of Bonterra reports BONTERRA SIGNS DEFINITIVE AGREEMENT WITH BEAUFIELD RESOURCES INC.Further to its news release of May 23, 2018, Bonterra Resources Inc. has now completed and entered into an option agreement with Beaufield Resources Inc., whereby Beaufield has granted the company an option to acquire a 70-per-cent interest in 81 strategic mineral claims totalling 3,590 hectares,...Read More

(Kitco News)- Expectedexponential demand for electric vehicles (EV) is breathing new life into awell-established polymetallic project in Canada’s Yukon Territory.Nickel CreekPlatinum (TSX: NCP), formerly known as Wellgreen Platinum is well positioned to takeadvantage of growing need for battery-grade nickel sulfide, according to thecompany executives.It has beennearly two years since new man...Read More

(Kitco News) - Expected exponential demand for electric vehicles (EV) is breathing new life into a well-established polymetallic project in Canada’s Yukon Territory.Nickel Creek Platinum (TSX: NCP), formerly known as Wellgreen Platinum is well positioned to take advantage of growing need for battery-grade nickel sulfide, according to the company executives.It has been nearly two years since...Read More

Put options are flying off the shelves at 21 times the usual paceThe shares of online pet pharmacy PetMed Express Inc (NASDAQ:PETS) are getting rocked today, due to an analyst downgrade. The equity was last seen 8.3% lower to trade at $39.09. As such, PETS stock is on the short-sale restricted (SSR) list, and option bears are coming out of the woodwork.Craig-Hallum downgraded Petmed stock to "sell...Read More

Short-term LULU options are cheap at the momentShares of Lululemon Athletica inc. (NASDAQ:LULU) topped out at a record high of $130.49 earlier, after Cowen and Company raised its price target on the retail stock to $137 from $120. While LULU has since swung 1.5% lower to trade at $126.64, the equity could be ripe for a bullish options trade, if history is any guide.In fact, LULU stock recently pop...Read More