The bond bubble will be the critical one, Greenspan saysNotes that the U.S. is working toward higher interest rates"The bond market bubble will eventually be the critical issue," Greenspan tells Bloomberg Television.The man who made the term “irrational exuberance” famous says investors are at it again.“There are two bubbles: We have a stock market bubble, and we have a bond m...Read More
10-year yield climbs above 2.78% as fear of contagion mountsApple headlines afterhours tech earnings with AmazonBMO Capital Markets Grows Cautious on Apple U.S. stocks and Treasuries fell in tandem Thursday ahead of a slew of technology earnings, as the threat of higher rates from the Federal Reserve continued to rattle equity markets coming off their best month since March 2016.The Nasdaq 100 Ind...Read More
The bond bubble will be the critical one, Greenspan saysNotes that the U.S. is working toward higher interest rates"The bond market bubble will eventually be the critical issue," Greenspan tells Bloomberg Television.The man who made the term “irrational exuberance” famous says investors are at it again.“There are two bubbles: We have a stock market bubble, and we have a bond m...Read More
Concerted global economic growth could hit 4% and top commodities consumer China is set to expand at a 6.6% clip this year according to the IMF and others.Factories around the world are buzzing - the global JP Morgan manufacturing PMI entered the year at its highest since February 2011.The LME index of base metals has climbed to the highest since 2014. Given its widespread use copper is considered...Read More
The latest news and price moves to start the Asian day on Friday February 2.The latest news and price moves to start the Asian day on Friday February 2.Lead prices on the London Metal Exchange were 1.7% higher at the close on Thursday February 1, with the metal continuing its fine performance since the turn of 2018. Read more here in our live futures report.Here are how LME prices looked at Thursd...Read More
Aaron Gentzler: Thanks for making time today with your busy schedule. How's it going down south?Ray Blanco: Doing great down here in Florida. Nice and warm.Aaron Gentzler: Excellent. Always great to hear. Let's get right to it. Today, I want to talk artificial intelligence (AI). Can you give a big picture overview?Ray Blanco: Sure, traditionally the way we've dealt with computers is, you pro...Read More
Short sellers are having a tough time.The market's record-setting run has repeatedly mauled the bears. Investors continue to pile into stocks as they approach nosebleed territory. Few vulnerable plays are offering major paydays for the shorts - until this week.Short sellers just booked $294 million in a single day on a rare triumph against the health care sector. Traders booked their gains on the...Read More
Every investor loves when one of their stocks is bought out for a big, juicy premium.I certainly do.Takeovers are one of the fastest ways to bank BIG gains in less than 24 hours.That's why I am digging into the biotech sector right now. This sector has a serious case of takeover fever.So today, I'm playing doctor to diagnose the two big causes of this takeover fever. And then I'll tell you how to...Read More
Hao Zhang, assistant professor of computer science at Colorado School of Mines, was recently interviewed by the Associated Press about his research to develop a robot to explore abandoned mines.The story, which included video footage of a prototype robot at the Edgar Experimental Mine in Idaho Springs, was picked up by multiple national, regional and local publications, including The Washington Po...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange lost 20.64 points to 843.71 Thursday. Praveen Varshney's third capital pool shell, AAJ Capital 1 Corp. (AAJ: $0.10), has listed with a $250,000 initial public offering at 10 cents. Its IPO agent was Canaccord G...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellSteven Fishoff, the last defendant in a serial insider trading case involving two Canadian listings, could be headed for a guilty plea. Prosecutors have disclosed that they are in negotiations with Mr. Fishoff and that they are attempting to finalize...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Wednesday was a positive 88-83-120. The TSX Venture Exchange gained six points to 864 while polished diamond prices were flat. Ken MacNeill and George Read's Shore Gold Inc. (SGF) edged one cent...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold gained $6.90 to $1,345.00 on Wednesday. The TSX Venture Exchange rose 6.02 points to 864.35 while the TSX Gold Index rose 1.02 points to 194.49. Endeavour Mining Corp. (EDV), which fell $3.30 Tuesday, regained 91 cen...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterWest Texas Intermediate crude for March delivery gained 23 cents to $64.73 on the New York Merc, while Brent for March gained three cents to $69.05 (all figures in this para U.S.). Western Canadian Select traded at a discount of $27.70...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:The TSX Venture Exchange added 6.02 points to 864.35 Wednesday. Brad Docherty and Eli Abergel's second shell graduate, Good Life Networks Inc. (GOOD), began trading today, opening at 30 cents and closing at 41.5 cents on 2.72 million shares. The company raised $9.2-...Read More
The latest news and price moves to start the Asian day on Friday February 2.The latest news and price moves to start the Asian day on Friday February 2.Lead prices on the London Metal Exchange were 1.7% higher at the close on Thursday February 1, with the metal continuing its fine performance since the turn of 2018. Read more here in our live futures report.Here are how LME prices looked at Thursd...Read More
ASX: DEGwww.degreymining.com.au Mr. Simon Lill reports:Mt Hawthorn, WA / February 2, 2018 / JMN Wire / De Grey Mining Limited (ASX: DEG) ("De Grey", "Company") is pleased to report on drilling programs at the Toweranna and Blue Moon prospects within the Pilbara Gold Project, located approximately 100km from Port Hedland, Western Australia. The Company is undertaking continued exploration for addit...Read More
Small modular reactors (SMRs) could provide valuable energy resilience for US federal sites as a secure, reliable, and flexible source of primary and backup power, a new report funded by the US Department of Energy (DOE) has found.Small Modular Reactors: Adding resilience at federal facilities was co-authored by Seth Kirshenberg and Hilary Jackler of law firm Kutak Rock with Brian Oakley and Wil G...Read More
Exelon Generation announced today that it has decided to retire its Oyster Creek nuclear power plant in New Jersey this October. The company had agreed with the state to shut the single-reactor plant by the end of 2019.Oyster Creek (Image: Exelon)In January 2010, the New Jersey Department of Environmental Protection (NJDEP) revised rules on water use such that once-through cooling is no longer all...Read More
Lead and tin were the only base metals on the London Metal Exchange to close the week in positive territory, while the rest of the complex came under pressure from a strengthening dollar.The three-month lead price continued to trade around a fresh six and a half year high and was at $2,680 per tonne at the 5pm close. "Data on the ground also supports the bullish LME lead market, which was often un...Read More