Subscribers to Schaeffer's Weekly Options Trader service recently scored a 225% profit with United States Steel Corporation (NYSE:X) weekly 2/23 34.50-strike calls. We're going to take a look back to see why we were initially bullish on X when we recommended the call, and how the options trade unfolded. We entered our bullish X position on Feb. 13, just after the shares notched a close back above...Read More

U.S. stocks are pacing for a third straight day of losses after President Donald Trump said his administration will begin instituting tariffs on steel and aluminum imports next week. As for some of today's most notable movers, healthcare stocks Tenax Therapeutics Inc (NASDAQ:TENX) and Mylan N.V. (NASDAQ:MYL) are trading sharply higher, while regulatory concerns are weighing on blockchain name Over...Read More

Next week is all about jobs. The ADP's private-sector payrolls report will get the ball rolling on Wednesday, followed by weekly jobless claims on Thursday, and the highly anticipated nonfarm payrolls report on Friday, which could have Fed rate-hike implications. And speaking of the Fed, New York Fed President William Dudley is among the central bankers slated for speeches. Meanwhile, retail earni...Read More

There are a group of bankers based in three cities, not Wall St., but Toronto, Vancouver, and Denver that you probably never heard of. Surprisingly they are gold stocks. They are royalty & streaming companies, otherwise known as the Three Kings (Franco-Nevada, Royal Gold, and Wheaton Precious Metals) are the non-media grabbing bankers in the mining sector. They collect their revenue from some of t...Read More

Options traders are blasting Advanced Micro Devices, Inc. (NASDAQ:AMD), as the chip stock sells off with the broader equities market. At last check, AMD shares were down 1.4% to trade at $11.94, and 363,931 puts are on the tape -- seven times what's typically seen at this point in the day, and volume pacing in the 100th annual percentile.Most of the action has centered at the weekly 3/23 11-strike...Read More

Tom Burnet, executive chairman at accesso Technology Group PLC (LON:ACSO), discusses with Proactive's Andrew Scott their first healthcare partnership with the Henry Ford Health System (HFHS).The long-term agreement will enable HFHS, a six-hospital system, to use TE2, accesso's digital experience and personalisation platform, to digitise and personalise patients' interaction with the healthcare pro...Read More

Great Bear Resources (TSXV:GBR, OTC:GTBDF) today announced that crews are being mobilized for the Phase 2 drill program at its Dixie Lake gold project, located in the Red Lake district of Ontario.Read full newsRead More

Andy Carroll, technical director at Mosman Oil And Gas Ltd (LON:MSMN), tells Proactive they're exercising their right to buy into the Arkoma oil project in Oklahoma.Through a series of deals and amendments the company ends up with a 27% stake in the project.In the field, the project partners will now work to generate production and cash flow while longer term plans will be considered for the proje...Read More

Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitco...Read More

Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitco...Read More

(Kitco News)- Gold's luster is starting to tarnish for the University of Texas, as its endowment fund said that it is reviewing its gold holdings, worth about $1 billion, according to Bloomberg News.The Bloomberg article quoted Britt Harris, the new chief executive officer at Utimco, saying, "We're in no rush to sell, but it may not be a long-term strategic hold."The comments were made d...Read More

Shares of retail concern Urban Outfitters, Inc (NASDAQ:URBN) notched an annual high of $38.06 on Tuesday, but have since pulled back to test their rising 40-day moving average ahead of earnings next week. If past is precedent, it could be time to bet on URBN's next leg higher, as previous retreats to this trendline have had bullish implications for the stock.According to Schaeffer's Senior Quant...Read More

Ray Gibbs, chief executive of Haydale Graphene Industries PLC (LON:HAYD), tells Proactive he's expecting revenues over the next twelve months to rise following a period of investment and expansion.Revenues in the six months to the end of December 2017 rose by two-thirds to ?2.49mln with commercial/non-grant income 85% higher at ?2.04mln.Gibbs says they've been investing heavily in its Taiwanese...Read More

Short sellers seem to have made a major mistake by picking on Planet Fitness Inc. (NYSE:PLNT). The stock earlier this week touched a record high of $38.32 after the company once again blew away analysts' estimates in the earnings booth, posting a top- and bottom-line beat, with same-store sales growth increasing year-over-year. And just for good measure, the fitness chain issued a 2018 outlook tha...Read More

Richard Gray, chief executive of Scotgold Resources Limited (LON:SGZ) tells Proactive they've received planning approval for the first commercial gold mine in Scotland's history.Gray says the Loch Lomond and the Trossachs National Park Authority unanimously approved their application for the development of the Cononish Goldmine at a Special Board Meeting held on Tuesday, subject to the conclusion...Read More

(Kitco News) - Kitco aficionados, it isnow time to have your say in where you think gold prices are heading in theshort-term.Will gold prices go higher, lower or remain unchanged nextweek? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12PM EDT) along with the results fromour market professional survey.Readers can also se...Read More

(Kitco News) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12 PM EDT) along with the results from our market professional survey.Readers can al...Read More

Gary J. Goldberg was appointed President and Chief Executive Officer and joined the Board of Directors of Newmont Mining Corporation on 1 March 2013.DENVER, March 1, 2018 - Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) announced that its President and Chief Executive Officer, Gary J. Goldberg, received the Charles F. Rand Memorial Gold Medal for his leadership and contributions t...Read More

   •  Bullish USD sentiment continues to exert downward pressure.   •  Traders shrug off risk-off mood/weaker US bond yields.   •  Powell’s second testimony eyed for fresh impetus. Gold extended its steady decline through the mid-European session and is currently placed at fresh three-week lows, around $1310 area. The US Dollar has...Read More

The Dow Jones Industrial Average (DJI) has traded in a 300-point range on both sides of breakeven today, but was last seen trading in positive territory -- on track to snap its recent losing streak. Wall Street is reacting to a fresh round of economic data, which includes a modest rise in the personal consumption expenditures (PCE) index -- a key measure of inflation the Fed follows -- while the...Read More