JPM finished the day as the worst Dow stockIt was a roller-coaster ride on Wall Street, with the major market indexes erasing earlier leads to close lower. The largest contributor to the Dow's reversal was a negative earnings reaction for JPMorgan Chase (JPM), which swung to the bottom of the blue chips after starting the session in positive territory. Rumors of new U.S. tariff proposals on Chines...Read More
WASHINGTON (Reuters) - U.S. House Speaker Paul Ryan endorsed Republican House Majority Leader Kevin McCarthy to be his successor, NBC News reported on Friday.“We all think that Kevin is the right person,” Ryan said in an interview airing on Sunday on “Meet the Press.”Ryan said on Wednesday that he would not seek re-election in November, dealing a blow to fellow Republicans...Read More
WASHINGTON (Reuters) - The U.S. Federal Reserve on Friday proposed revising bank regulatory capital rules to ease the impact of new international accounting standards for credit losses.In June 2016, the Financial Accounting Standards Board issued a new accounting standard for credit losses which is effective for some firms as early as January 2019 and is expected to dent firms' balance sheets.The...Read More
Aluminium Trading call – Aluminium SELL Call 5ab given at price 155.25 Achieved 1st Target 154. CMP 153.70. TOTAL Profit made 1.55 x 2 lot = 3.10 Points5ab : Aluminium Carry Call - SELL Aluminium at CMP 155.25 for Target 154 - 153 with SL Above price 156.80 in 2 lotsAFTER POST CONTENT Read More
Ontario is investing in local businesses in the Greater Sudbury Region that will help strengthen the region's agri-food processing industry.Glenn Thibeault, MPP for Sudbury, made the announcement on behalf of Michael Gravelle, Minister of Northern Development and Mines, today in Sudbury at Crosscut Distillery Ltd. With support from the province's Northern Ontario Heritage Fund Corporation (NOHFC),...Read More
(Kitco News)- It's Friday the 13th but no badluck in store here for gold which surged midweek as the market factored inpotential U.S. military action in Syria.When I tweeted earlier this week asking readers and viewers how everyonewas feeling about the gold rally - bestselling author and gold advocate JimRickards came back with a poignant remark, “careful what you wish for, ittells us, somet...Read More
(Kitco News) - It's Friday the 13th but no bad luck in store here for gold which surged midweek as the market factored in potential U.S. military action in Syria. When I tweeted earlier this week asking readers and viewers how everyone was feeling about the gold rally - bestselling author and gold advocate Jim Rickards came back with a poignant remark, “careful what you wish for, it...Read More
Big moves for Dropbox and Alaska Air stocks have drawn in options tradersIt's been a roller-coaster ride on Wall Street today, with the Dow exploring a more than 300-point range on both sides of breakeven, but last seen trading down around 80 points. Among specific stocks making big moves today are regional airline Alaska Air Group, Inc. (NYSE:ALK), cloud firm Dropbox Inc. (NASDAQ:DBX), and skinca...Read More
Gold futures finished higher Friday, giving up early declines, as U.S. tensions with Russia and China fed the precious metal's investment appeal, sending prices up for a second straight week. "Safe haven demand picks up with situation in Syria coming to decision point today and into the weekend for the Trump administration," said Jeff Wright, chief investment officer at Wolfpack Capital. "The true...Read More
Gold futures finished higher Friday, giving up early declines, as U.S. tensions with Russia and China fed the precious metal's investment appeal, sending prices up for a second straight week. "Safe haven demand picks up with situation in Syria coming to decision point today and into the weekend for the Trump administration," said Jeff Wright, chief investment officer at Wolfpack Capital. "The true...Read More
Put options are hot on the offshore driller as option activity spikes to new highsOffshore driller Transocean Ltd. (NYSE:RIG) has attracted the attention of options traders today, as the stock gains 4.5% to trade at $11.60. In fact, RIG option volume has already surged to an annual high of 89,497 contracts, per Trade-Alert, with put volume of 51,843 contracts representing about seven times the int...Read More
ECR Minerals PLC (LON:ECR) CEO Craig Brown and geologist Dr Rodney Boucher tell Proactive Investors they've begun a drilling programme at the Bung Bong gold prospect at the Avoca tenement in Victoria.Dr Boucher says geochemical results and geological observations at Bung Bong have indicated several fault-related quartz and quartz spurs to test as potential high-volume targets for gold mineralisati...Read More
The drug stock has added 58% in 2018ImmunoGen, Inc. (NASDAQ:IMGN) is struggling today, down 2.3% to trade at $10.24. The biotech stock raced to a two-year high of $13.41 on March 26, but promptly pulled back in the past two weeks. If history is any guide, though, it could be time to bet on ImmunoGen's next leg higher.Specifically, the shares have pulled back within one standard deviation of their...Read More
Private UK postal delivery group Royal Mail PLC (LON: RMG) saw shares deliver a 2.21% drop on Friday as RBC Capital put out a note.The firm will need to raise its full year dividend well above market forecasts to support the current share price, the broker said.It downgraded the stock to 'underperform' from 'sector perform' yet raised its target price to 500p from 465p.The broker said the postal o...Read More
Today Zinc – Zinc Intraday BUY Call 59e given at price 203.70 Achieved 2nd Target 205.20. CMP 205.20. Total Profit of 1.5 x 2 lot = Rs 15000 / 3 Points59e : Today Zinc Cal - BUY Zinc at CMP 203.70 for TGT 204.5 - 205.20 with SL below price 202.40. RISK taker trade 2 lotsAFTER POST CONTENT Read More
LIMA (Reuters) - Mexican President Enrique Pena Nieto said on Friday that the door was open to the United States rejoining the Trans Pacific Partnership, after U.S. President Donald Trump ordered his economic advisors to look at rejoining the sweeping trade deal.Speaking on a business panel at the Summit of the Americas in Lima, Peru, Pena Nieto said Mexico was opposed to protectionism and urged t...Read More
Aluminium Carry Call – SELL Aluminium at CMP 155.25 for Target 154 – 153 with SL Above price 156.80 in 2 lotsAFTER POST CONTENT Read More
(Reuters) - A lawyer for adult film star Stormy Daniels argued in a court hearing on Friday that materials seized by federal investigators from U.S. President Donald Trump’s personal lawyer may concern his client, who claims the president slept with her.Daniels, whose legal name is Stephanie Clifford, has said she was paid $130,000 to keep quiet about a sexual encounter with the president.&l...Read More
Free Zinc Hold Carry Tips – Zinc BUY Carry Call 598 given at price 202.30 (202.75+201.80). Achieved Target 204.80 (5a0) Total profit of 2.5 x 2 lot = 5 Points598 : ZINC Call - BUY Zinc at CMP 202.75 Add more if price 201.80 for Target 204.60 with SL below price level 200.50 (MODIFIED) (CARRY CALL)AFTER POST CONTENT Read More
SeaWorld stock is on pace for a third straight positive quarterAfter a multi-year downtrend that saw the stock fall from around $40 to as low as $10.43 back in December, shares of SeaWorld Entertainment Inc (NYSE:SEAS) have actually shown signs of life. They're on pace for a third straight positive quarter, and are trading notably higher today amid news the company received a Wells notice from the...Read More