SAN FRANCISCO (Reuters) - As a stock rebound on Thursday put the S&P 500 on track for its strongest three-day performance since 2016, a look at the recent performance of most of the index’s components paints a different picture, illustrating signs of weakness in Wall Street’s health.Cooling fears that Trump is starting a trade war with China helped the S&P 500 rebound 0.8 perce...Read More

Gertrude Chavez-DreyfussNEW YORK (Reuters) - International Business Machines Corp has joined a private, non-profit organization called Sovrin Foundation that is seeking to build a global decentralized identity system based on blockchain technology.The blue-chip U.S. computing company will join the non-profit as a “founding steward,” dedicating hardware, security, and network capacity t...Read More

Positive mood on markets weigh on gold.  Stronger US dollar also pushed the yellow metal lower.  After a brief period of stabilization, gold prices resumed the decline. It printed a fresh low at $1,322.60/oz after the beginning of the US session. It was holding near the lows, under pressure.  Gold is back near last week lows. Yesterday’s rally that followed the announcement...Read More

Short put spreads are an effective cash-collecting strategy for options tradersA short put spread is a neutral-to-bullish options strategy that is usually initiated when the trader believes the underlying stock will hold above a firm layer of support. Also known as a "credit spread," it's a two-legged trade that serves as a lower-risk alternative to simply selling a lone put. However, the maximum...Read More

(Kitco News)- Goldinvestors do not need to fear higher real interest rates in the U.S. as otherfactors are supporting the market, according to one fund manager.Ina telephone interview with Kitco News, Axel Merk, chief investment officer andpresident of Merk Investments, said that he sees real rates moving modestlyhigher this year, but added that he also expects gold prices to climb as well.Someana...Read More

Zinc Intraday – BUY Zinc at CMP 210.80 for Target 211.70 – 212.60 with SL below price 209.80AFTER POST CONTENT Read More

Bullish options prices have imploded during FB's recent pullbackThe tech sector is helping to power the U.S. equities market to another day of big gains, and FAANG stocks -- Alphabet (GOOGL) notwithstanding -- are trading notably higher. Facebook, Inc. (NASDAQ:FB) and Amazon.com, Inc. (NASDAQ:AMZN) have been two of the higher-profile names in this group in recent weeks, and the shares are swinging...Read More

Policy Castle's CEO Edmund Dilger gives Proactive Investors an introduction and brief history as to how the insurance technology platform came about.''We're selling home insurance, we're focused on specialist home insurance and we're targeting specifically the customers who are using a broker  for their home insurance needs''''These are customers who are not using price comparison websites be...Read More

The US Labor Department's official jobs data for March has a tough act to follow.Last month's US non-farm payrolls report showed employers added a much bigger-than-expected 313,000 jobs in February.Economists had forecast payroll growth of 200,000.A strong labour market contributed the Federal Reserve's decision to raise interest rates last month by a quarter percentage point to a range of 1.5% to...Read More

Further to my post earlier today, our technical team has identified a possible solution which should be implemented tonight. In the meantime, archived versions of recent Canadian Insider Club Morning and Market reports are available in the Reports section of the website. Read More

Jonathan Spicer, Ann SaphirNEW YORK/SAN FRANCISCO (Reuters) - Janet Yellen cashed in with her first paid visit to Wall Street since stepping down as Federal Reserve chair, discussing rate hikes and U.S. President Donald Trump at events on Monday that included a dinner for 40 at a CEO’s Manhattan penthouse.Two people familiar with the events hosted by investment bank Jefferies, including the...Read More

MATIAS ROMERO, Mexico (Reuters) - Impoverished Central American migrants traveling in a “caravan” through Mexico that angered U.S. President Donald Trump said they would stick together for safety even though the group will ends its journey in Mexico City rather than the U.S. border.Since peaking at around 1,500 people, the caravan has dwindled under pressure from Trump and Mexican migr...Read More

A well-timed trade on food exporter ADM delivered quick, super-leveraged gainsSubscribers to Schaeffer's Weekly Options Countdown service just scored a 100% profit with the Archer Daniels Midland Co (NYSE:ADM) weekly 4/6 42.50-strike call. We're going to take a look back to see why we were initially bullish on ADM when we recommended the call, and how the options trade unfolded. At the time of ou...Read More

Shire Plc (LON:SHP) shares gained 123p or  3.4%, trading at 3,724, amid rising speculation that a big may be coming from Japan's Takeda Pharmaceutical.Market talk was boosted by comments from Takeda boss Christophe Weber, who reportedly told analysts that the acquisition of Shire could accelerate his company's transformation and the target's large size would not be an obstacle.3:45pm: Weather...Read More

The stock could be headed back toward record highs soon, if history repeatsAfter adding 154% in 2017, Square Inc (NYSE:SQ) stock has continued this torrid pace in 2018, adding 38% year-to-date to trade at $47.83. Toward the end of March, however,the software stock lost steam, and is pacing for a third straight weekly losses. If history is any guide, though, it could be time to bet on the payment p...Read More

NEW YORK (Reuters) - The U.S. economy is on track to grow at a 2.3 percent annualized rate in the first quarter following the latest data on vehicle sales and trade balance, the Atlanta Federal Reserve’s GDPNow forecast model showed on Thursday.The latest estimate on gross domestic product was slower than the 2.8 percent growth pace calculated on April 2, the Atlanta Fed said.Reporting by Ri...Read More

Gold soared yesterday likely based on the escalation of the trade conflict between the U.S. and China, but after several hours the rally was over. The tensions didn’t really subside, but the price of gold is already about $10 below the price at which it was trading when yesterday’s rally had started. Is gold trying to say something? No. It’s not saying – it’s screamin...Read More

WASHINGTON (Reuters) - President Donald Trump said on Thursday he has confidence in Scott Pruitt, the head of the Environmental Protection Agency, even as the White House investigates whether a condo rental by Pruitt was ethical.Trump, when asked on his way to a trip to West Virginia if he still has confidence in Pruitt, said, “I do.”Pruitt is facing a White House probe for renting a r...Read More

(Reuters) - Wall Street rose on Thursday afternoon as investors shrugged off fears of an escalating trade conflict between the United States and China and looked forward to the quarterly earnings season.Boeing (BA.N), among the worst hit stocks on Wednesday after China retaliated with $50 billion in tariffs on U.S. goods, rose 2.4 percent, pulling up the Dow.On Wednesday, the Dow dived more than 5...Read More

It would take short sellers more than six sessions to buy back their shorted sharesHeron Therapeutics Inc (NASDAQ:HRTX) just popped up in a study run by Schaeffer's Senior Quantitative Analyst Rocky White, that looks for stocks that are trading near 52-week highs, yet have low Schaeffer's Volatility Indexes (SVI). A closer look at the drugmaker revealed some notable trends. For instance, analysts...Read More