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Options Bulls Blast Pandora Stock Ahead of Earnings

February 20, 2018 / www.schaeffersresearch.com

This week's earnings calendar will feature Pandora Media Inc (NYSE:P), with the streaming music service slated to unveil its quarterly results after the market closes tomorrow, Feb. 21. Options traders have been blasting P stock in recent sessions, and even though the shares have a dismal history of post-earnings price action, most of the speculation has been of the bullish variety.Drilling down o...Read More

Gold slumped on stronger US Dollar amid higher US Treasury yields

February 20, 2018 / www.fxstreet.com

Gold under pressure on broad recovery in USD. All eyes may be now on US Treasury auctions for USD trajectory. Gold is now trading around $1343, in pre-New York session, slumped by almost 1% on a broader recovery in the US dollar amid higher US bond yields ahead of a deluge of US Treasury auctions later in the day. The US Dollar was boosted on Tuesday by higher US bond yields as US Treasury is s...Read More

BHP takes top spot in brand value ranking

February 20, 2018 / www.mining.com

Brand Finance, a business valuation consultancy based in the UK, released its annual ranking of the most valuable mining, iron, and steel brands which highlighted the rebranding efforts of Australian mining company BHP. Its brand value increased by 29% to a hefty $5.1 billion in 2018. Other companies did not fare as well - Glencore, Vale, and Thyssenkrup took a significant hit to its brand value t...Read More

Gold Price Should Be At $1,500 By Year End - Incrementum AG

February 20, 2018 / www.kitco.com

(Kitco News)- Gold investors are taking profits Tuesday, as the U.S.dollar found some traction, bouncing off fresh three year lows, but one fundmanager says that gold will be the asset to own in 2018 as the risk ofstagflation in the U.S. economy rise.In a recent interview with Kitco News, Ronald-PeterStoeferle, fund manager at Incrementum AG and author of the annual In Gold WeTrust report, said he...Read More

Gold Price Should Be At $1,500 By Year End - Incrementum AG

February 20, 2018 / www.kitco.com

(Kitco News) - Gold investors are taking profits Tuesday, as the U.S. dollar found some traction, bouncing off fresh three year lows, but one fund manager says that gold will be the asset to own in 2018 as the risk of stagflation in the U.S. economy rise.In a recent interview with Kitco News, Ronald-Peter Stoeferle, fund manager at Incrementum AG and author of the annual In Gold We Trust report, s...Read More

Gold Hit Hard By Heavy Profit Taking, But No Chart Damage

February 20, 2018 / www.kitco.com

(Kitco News) - Gold pricesended the U.S. day session sharply down and near the daily low Tuesday.Heavy profit-taking pressure from recent gains and a solid daily rally in theU.S. dollar index hit the gold and silver markets today. Higher worldgovernment bond yields also worked against the precious metals market bullstoday. April Comex gold futures were last down $24.30 an ounce at $1,331.90.March...Read More

Gold Hit Hard By Heavy Profit Taking, But No Chart Damage

February 20, 2018 / www.kitco.com

(Kitco News) - Gold prices ended the U.S. day session sharply down and near the daily low Tuesday. Heavy profit-taking pressure from recent gains and a solid daily rally in the U.S. dollar index hit the gold and silver markets today. Higher world government bond yields also worked against the precious metals market bulls today. April Comex gold futures were last down $24.30 an ounce at $1,331.90....Read More

2 Movie Stocks Soaring Today

February 20, 2018 / www.schaeffersresearch.com

The shares of India-based movie company Eros International (NYSE:EROS) are higher today, thanks to a new high-profile investor just ahead of earnings. Meanwhile, shares of American movie theater titan IMAX Corp (NYSE:IMAX) are rallying thanks to a huge box-office debut for "Black Panther" and a big weekend in China. What's more, both EROS and IMAX stocks could enjoy a short squeeze.Ample Fuel for...Read More

Options Traders Eye Another Huge Earnings Move From Advance Auto Parts Stock

February 20, 2018 / www.schaeffersresearch.com

After making huge post-earnings moves in the past two quarters, volatility expectations are surging on Advance Auto Parts, Inc. (NYSE:AAP) ahead of the company's earnings release tomorrow morning. Specifically, AAP jumped 16.3% in the session after earnings last quarter, though this followed a one-day post-earnings slide of 20.3% back in August. Implied volatility (IV) data suggests the options ma...Read More

Asia Morning Call-Global Markets

February 20, 2018 / www.kitco.com

Feb 21 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 5,940.90 -0.70 NZX 50**8,098.27 -16.98DJIA25,072.43-146.95 NIKKEI**21,925.1 -224.11Nasdaq7,278.81739.35 FTSE**7,246.77 -0.89S&P 500 2,729.22 -3.00 Hang Seng** 30,873.63-241.80SPI 200 Fut 5,883.00 -22.00STI** 3,476.53 -11.35SSEC**3,199.48 14.52 KOSPI** 2,415.12 -27.70--------------------------------------------------...Read More

US STOCKS-Walmart halts Dow's six-day rally; S&P edges higher

February 20, 2018 / www.kitco.com

* Walmart drops after holiday-qtr profit misses estimates* Amazon, tech stocks help S&P* VIX eases below 20 points* Dow off 0.34 pct, S&P up 0.10 pct, Nasdaq up 0.74 pct (Updates to early afternoon)By Sruthi ShankarFeb 20 (Reuters) - A steep fall in Walmart shares put the skids on the blue-chip Dow's six-day winning streak, but gains in Amazon and technology stocks propped up the S&P 5...Read More

Directa Plus secures two critical patents for Graphene Plus (G+)

February 20, 2018 / www.proactiveinvestors.co.uk

Giulio Cesareo, chief executive of Directa Plus Plc (LON:DCTA), discusses with Proactive their patent which has this week been awarded in Italy for a graphene-based solution that enhances the performance of tyres.Incorporating Directa's Graphene Plus (G+) both reduces resistance and increases grip, making it safer to turn while braking and in difficult weather.Directa Plus has also recently receiv...Read More

Get Some Gold As Volatility Is Here To Stay - State Street Global Advisors

February 20, 2018 / www.kitco.com

(Kitco News)- The days of holding on to equities and expectingdouble-digit returns are gone and one gold market analyst says that the recentcorrection in equities is a wakeup call that investors need to have a morediversified portfolio.In an interview with Kitco News, George Milling-Stanley,head of gold strategy for State Street Global Advisors, said that volatility iscreeping back into equity mar...Read More

Swedish cbank's Floden says January inflation "a bit disappointing"

February 20, 2018 / www.kitco.com

NEW YORK, Feb 20 (Reuters) - Swedish central bank Deputy Governor Martin Floden said on Tuesday inflation data for the month of January came in "a bit disappointingly". Data released earlier on Tuesday showed lower Swedish January inflation than expected, something that could nudge the Riksbank to delay its first key rate hike since 2011. The bank last week cut its inflation forecast for...Read More

Get Some Gold As Volatility Is Here To Stay - State Street Global Advisors

February 20, 2018 / www.kitco.com

(Kitco News) - The days of holding on to equities and expecting double-digit returns are gone and one gold market analyst says that the recent correction in equities is a wakeup call that investors need to have a more diversified portfolio.In an interview with Kitco News, George Milling-Stanley, head of gold strategy for State Street Global Advisors, said that volatility is creeping back into equi...Read More

EMERGING MARKETS-LatAm currencies weaken as dollar rebounds globally

February 20, 2018 / www.kitco.com

By Bruno FederowskiSAO PAULO, Feb 20 (Reuters) - Latin American currencies weakened on Tuesday as the U.S. dollar strengthened worldwide after hitting a three-year low last week.Currencies from Brazil , Mexico and Colombia weakened between 0.3 percent and 0.9 percent. The Chilean peso was barely changed as profit-taking partially offset the global upswing in the U.S. currency.Concerns that the Uni...Read More

UPDATE 2-$2 bln share issue takes shine off Duke Energy profit beat

February 20, 2018 / www.kitco.com

(Recasts with share issue, share fall)By Yashaswini SwamynathanFeb 20 (Reuters) - U.S. power provider Duke Energy Corp said on Tuesday it would issue $2 billion in new shares this year to deal with the financial impact of recent tax reforms that it also said would weigh on 2018 earnings growth.Shares of the biggest U.S. utility by generation capacity fell as much as 2.5 percent as the announcemen...Read More

Gold price drops most since December 2016

February 20, 2018 / www.mining.com

Volatility has not only returned to equity markets.Gold on Tuesday suffered its worst trading day since December 2016 according to MarketWatch. A week ago the price of gold gained the most since financial markets were shocked by Britain voting to leave the European Union in June 2016.The most active gold futures contract on the Comex market in New York dropped to a low of $1,330.60 an ounce in lun...Read More

UK regulator warns lawmakers over post-Brexit market rules

February 20, 2018 / www.kitco.com

* Incoming chair admits "error" on film scheme investment* Randell to see if FCA can act faster to stop rip-offs By Huw JonesLONDON, Feb 20 (Reuters) - Britain should not force its regulators into trade-offs between market stability and helping London remain a leading global financial centre after the country leaves the European Union, a top regulator said on Tuesday.Charles Randell, wh...Read More

Tlou Energy rallies on new reserves statement

February 20, 2018 / www.proactiveinvestors.co.uk

12:30 am: Tlou Energy Ltd rallies on new reserves statementTlou Energy Ltd (LON:TLOU) shares shot up 26% after unveiling a huge increase in reserves at the Lesedi and Mamba coal bed methane projects in Botswana.Proved and probable reserves (2P) jumped 944% to 40.8 billion cubic feet (BCF) 3.9 from BCF, while the less certain 3P category rose by 63% to 426.6BCF from 261.1BCF. Tony Gilby, Tlou's man...Read More

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