Recent News

2 Energy Stocks With Cheap Pre-Earnings Options

April 18, 2018 / www.schaeffersresearch.com

The oil names will both report earnings in the next few weeksWe're heading into the heart of earnings season, which could create several potentially profitable trading opportunities. Among those getting ready to unveil their quarterly results are oil-and-gas names NRG Energy Inc (NYSE:NRG) and Suncor Energy Inc. (NYSE:SU). Both energy stocks have exceeded options traders' volatility expectations o...Read More

Investors in Japan discount political risk as Abe troubles mount

April 18, 2018 / www.kitco.com

TOKYO (Reuters) - From a rising Nikkei stock market to falling measures of volatility, there is little in Japan’s financial markets to suggest that this may be a nation on the verge of a political upheaval.Public support for Prime Minister Shinzo Abe, the architect of the Abenomics brand of reforms that has helped weaken the yen, raised economic growth levels and lifted corporate profits, is...Read More

Silver Short Squeeze in Progress

April 18, 2018 / www.kitco.com

A few weeksago, I alerted you to the bullish situation being created in the silver marketsince the global equity panic ended on February 9th. A few hoursago, the silver price began to take off like a scalded cat without anyrecognizable catalyst, other than the reasons I spoke of in this article. Based on the extremebearishness of the speculator positions in the latest silver Commitment ofTraders r...Read More

Stock Indexes Wobble as VIX, Oil Rise

April 18, 2018 / www.schaeffersresearch.com

IBM's giant earnings pullback has been a dark cloud over the marketThough oil prices are charting a definitive path higher -- May-dated crude futures were last seen up 2.1% at $67.90 per barrel on an unexpected weekly decline in domestic inventories, and hit a three-year peak earlier -- the Dow Jones Industrial Average (DJI) is failing to make a big move in either direction today, as IBM stock con...Read More

SL HIT / LOSS Copper Tips – Copper SELL Call 60e given at price 447.40 Triggered SL at price 450. Total 2.6 Points SL hit in Copper call

April 18, 2018 / mcx.freetips.tips

Copper Tips – Copper SELL Call 60e given at price 447.40 Triggered SL at price 450. Total 2.6 Points SL hit in Copper call60e : Copper Intraday - SELL Copper at CMP 447.40 for Target 445 - 444 with SL Above price 450AFTER POST CONTENT Read More

Turkey's Erdogan Declares Early Elections On June 24

April 18, 2018 / www.kitco.com

ANKARA (Reuters) - President Tayyip Erdogan said on Wednesday Turkey’s presidential and parliamentary elections will be brought forward to June 24, more than a year earlier than planned, saying the country urgently needed to make the switch to an executive presidency.Erdogan said he made the decision after speaking to the head of the nationalist MHP party, Devlet Bahceli, who a day earlier h...Read More

Equity Momentum Gone; Time To Look At Gold - Strategist

April 18, 2018 / www.kitco.com

(Kitco News) - With last year’s equity momentum gone, the best strategy in the marketplace, which is largely ignoring the Federal Reserve’s monetary tightening, is to buy gold, according to one strategist.“2017 has left the building,” chief investment strategist at 3EDGE Asset Management LP Fritz Folts told Bloomberg earlier this week. “We will definitely have more vo...Read More

Equity Momentum Gone; Time To Look At Gold - Strategist

April 18, 2018 / www.kitco.com

(Kitco News) - With last year’s equity momentum gone, the best strategy in the marketplace, which is largely ignoring the Federal Reserve’s monetary tightening, is to buy gold, according to one strategist.“2017 has left the building,” chief investment strategist at 3EDGE Asset Management LP Fritz Folts told Bloomberg earlier this week. “We will definitely have more vo...Read More

SQM: lithium mining needs at least $10B investment over 10 years

April 18, 2018 / www.mining.com

* Demand to grow by 600-800kt of lithium carbonate equivalent* Automakers have 'legitimate concern' over supply* SQM to boost annual lithium carbonate capacity to 100kt in 2019 (Updates throughout)By Tom DalySHANGHAI, April 18 (Reuters) - The global lithium industry will need $10 billion-$12 billion of investment over the next decade to meet surging demand amid the electric vehicle boom, an execut...Read More

POSITIONAL HOLD / CARRY Tips for Aluminium – SELL Aluminium at CMP 160.75 Add if Price 161.85 With SL above 162.90 For Target 156.50 – 155

April 18, 2018 / mcx.freetips.tips

Tips for Aluminium – SELL Aluminium at CMP 160.75 Add if Price 161.85 With SL above 162.90 For Target 156.50 – 155AFTER POST CONTENT Read More

Senator Menendez to vote against Pompeo as secretary of state

April 18, 2018 / www.kitco.com

WASHINGTON (Reuters) - U.S. Senator Robert Menendez, the top Democrat on the Foreign Relations Committee, said on Wednesday he would oppose President Donald Trump’s nomination of CIA Director Mike Pompeo as secretary of state, in a blow to the nomination.Menendez criticized the Trump administration, and Pompeo in particular, for lacking a strategic vision across the foreign policy spectrum.&...Read More

Whiskey Sour? China Importers Fret Over U.S. Trade Battle

April 18, 2018 / www.kitco.com

Brenda Goh, Andrew GalbraithSHANGHAI (Reuters) - When spirits dealer Daniel Taytslin brought his first pallet of American Ragtime Rye whiskey into Shanghai in early April, the 672 bottles faced a 5 percent import tariff at China’s customs.His next shipment from New York could be a lot more expensive as China prepares to slap a 25 percent additional tariff on hundreds of American products, in...Read More

U.S. Cryptocurrency Project Gets $133 Million Investment From Big Investors

April 18, 2018 / www.kitco.com

Gertrude Chavez-Dreyfuss, Anna IrreraNEW YORK (Reuters) - A start-up launched by three Princeton University graduates for a new cryptocurrency has raised $133 million from a slew of big investors in a private placement, Intangible Labs Chief Executive Officer and co-founder Nader Al-Naji said on Wednesday.Intangible Labs is the creator of basis, a digital currency that aims to maintain a stable pr...Read More

OPEC's New Price Hawk Saudi Arabia Seeks Oil As High As $100 - Sources

April 18, 2018 / www.kitco.com

Rania El Gamal, Alex LawlerDUBAI/LONDON (Reuters) - Top oil exporter Saudi Arabia would be happy to see crude rise to $80 or even $100 a barrel, three industry sources said, a sign Riyadh will seek no changes to an OPEC supply-cutting deal even though the agreement’s original target is within sight.The Organization of the Petroleum Exporting Countries, Russia and several other producers bega...Read More

Merkel Wants European Monetary Fund With National Oversight: Sources

April 18, 2018 / www.kitco.com

Andreas Rinke, Paul CarrelBERLIN (Reuters) - German Chancellor Angela Merkel backs the idea of a European Monetary Fund, provided national governments have sufficient oversight, sources close to her said before a visit by the French president.President Emmanuel Macron, who will meet Merkel in Berlin on Thursday, is pushing hard for bold euro zone reforms to defend the 19-member currency bloc again...Read More

S&P posts slight gains on industrials, IBM drags

April 18, 2018 / www.kitco.com

(Reuters) - The benchmark S&P 500 index posted slight gains on Friday, helped by gains from industrial and energy stocks, but IBM’s disappointing results and a sell-off in semiconductor stocks weighed on the Nasdaq and the Dow.IBM (IBM.N) fell 6.2 percent after the company reported quarterly profit margins that fell short of Wall Street expectations.Semiconductor stocks .SOX also took a...Read More

BHP to produce nickel sulphate next year, eyeing cobalt on battery boom

April 18, 2018 / www.mining.com

* Potential for cobalt at Western Australian operations* Could also take cobalt from third parties* May double nickel sulphate output to 200,000 TBy Tom DalySHANGHAI, April 18 (Reuters) - BHP Billiton is expanding its business as a supplier of battery minerals at its nickel refinery in Western Australia, planning to start producing nickel sulphate next year and looking at cobalt output as well, a...Read More

Gold Battling Headwinds But Prevailing

April 18, 2018 / seekingalpha.com

Gold's immediate trend still up despite equity market improvement.Safety bid remains intact due in part to lingering geopolitical fears.Flattening yield curve is another factor bolstering gold demand.While the fear which gripped investment markets last week has dissipated in recent days, gold continues to benefit from lingering fears and remains near a multi-week high. Its lateral consolidatio...Read More

IBM Earnings Reaction Sparks Heavy Options Trading

April 18, 2018 / www.schaeffersresearch.com

IBM's first-quarter gross profit margin came in below the consensus forecastIBM (NYSE:IBM) last night reported a first-quarter profit of $2.45 per share, excluding items, on $19.07 billion in revenue -- more than analysts were expecting. However, Big Blue said its adjusted gross margin dropped to 43.7% and it expects full-year adjusted earnings of at least $13.80, both below forecasts. As a result...Read More

LightwaveRF to go international with Apple smart devices says CEO Pearson

April 18, 2018 / www.proactiveinvestors.co.uk

Andrew Pearson, LightwaveRF's (LON:LWRF) chief executive, explains the strategic thinking behind the change in its sales and marketing arrangements, its relationship with Apple and the new demonstration facility at John Lewis in Westfield, White City. The market for smart home appliances is huge, he adds, with 18 million in the UK alone of which LightwaveRF has 40,000 customers. Voice control is r...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok