Chipotle Mexican Grill, Inc. (NYSE:CMG) shares sank yesterday amid news one of its restaurants in Los Angeles is being investigated by public health officials following customer complaints of illness. Despite this, RBC this morning weighed in by raising its price target on CMG stock to $330 from $320 -- calling for a 10.5% increase from last night's close of $298.67, and a move back up to familiar...Read More
Shares of Finish Line Inc (NASDAQ:FINL) are up 8.6% to trade at $12.70, after the athletic apparel retailer reported a slimmer-than-expected adjusted third-quarter loss of 26 cents per share on $378.50 million in revenue -- also a beat. FINL also said same-store sales for the three-month period unexpectedly rose 0.8%.Today's pop has FINL shares positioned above their 180-day moving average. This t...Read More
Dow Jones Industrial Average (DJIA) futures are trading above fair value this morning, as stocks try to again build momentum following yesterday's tax bill passage. The attention could stay on Capitol Hill, however, as lawmakers are reportedly struggling to approve a spending bill to avert a government shutdown this weekend. Investors are also digesting economic data. Specifically, weekly jobless...Read More
Every year I put out a list of predictions for the next year. The goal here is to find solid and profitable trends that you can make money on, rather than predict fantastical black swan events that may or may not happen.For your comedic pleasure, here are last year's predictions with comments. Let's see if I was a champ or a chump.Last year I wrote:1. Rates: range bound between 1.60% and 3%.The 1...Read More
Ted Butler says "It aligns perfectly with everything I think I know about silver, the US Government, COMEX and JPMorgan..."by Ted Butler via Silver SeekHere's a thought that I fully acknowledge didn't originate with me, but from a close associate, even though it incorporates many of my findings. If it does come to fruition, I will gladly reveal my associate's identity to give him his proper due; b...Read More
Governments hate anything that empowers individuals. This is because it makes governing harder. And this holds true regardless of whether you view government as overall good, or generally evil.Say the U.S. government has the best intentions for making the drinking age 21. Surely some 18-year-olds could handle drinking, and surely many 25-year-olds cannot. But the government would have to expend ma...Read More
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Published on: Dec 21, 2017 | by finfeedWith the year almost at an end, assay results are still trickling through for workaholic juniors like Pursuit Minerals (ASX:PUR).PUR is actively developing the Paperbark Project and the adjacent Bluebush Project in north-west Queensland with a view of building a zinc mining operation over the coming years. PUR was able to obtain last-minute exploration result...Read More
Toronto, Canada (December 21, 2017) -- Mega Uranium Ltd. (TSX: MGA) announces that it has restated certain 2016 comparative financial information (the "Comparative Statements") in the company's audited consolidated financial statements for the year ended September 30, 2017, which were filed today on SEDAR under Mega's profile (www.sedar.com). The restatement relates to the accounting of Mega's e...Read More
Governments hate anything that empowers individuals. This is because it makes governing harder. And this holds true regardless of whether you view government as overall good, or generally evil.Say the U.S. government has the best intentions for making the drinking age 21. Surely some 18-year-olds could handle drinking, and surely many 25-year-olds cannot. But the government would have to expend ma...Read More
Abhi Main Pohcha Mumbai Toh Wahan Maine Kar Daala Desi Karnama :) Batao Toh Phir Kaisa Laga Karnama.Subscribe To Be YouNick.https://www.youtube.com/user/beyounickPyaar Banaye Rakhna.Facebook: https://www.facebook.com/TheAmitBhadanaInstagram: https://www.instagram.com/theamitbhadanaTwitter: https://twitter.com/iAmitBhadanaYoutube: https://www.youtube.com/channel/UC_vc...Read More
The Dow Jones Industrial Average (DJIA) finished lower for the second straight session -- erasing a nearly triple-digit lead in early action. Both the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) joined the Dow in the red, as tech stocks such as Facebook (FB) extended their retreat from yesterday. While anticipation surrounding the Republican tax plan helped drive markets higher, the actu...Read More
Steel stocks have been rallying, boosted earlier this month after the U.S. announced plans to begin imposing tariffs on Chinese steel being exported out of Vietnam. While the VanEck Vectors Steel ETF (SLX) is up 14% from its Nov. 17 bottom, all nine names we track under our "steel iron" umbrella are trading north of their 80-day moving average -- the only other sector besides "gaming" to sport thi...Read More
Call volume hit a 52-week high yesterday on fast food issue Wendy's Company (NASDAQ:WEN), due to heavy buying at the January 2018 17-strike call. Looking back over the past 10 days, this option is home to the largest increase in open interest, with more than 12,000 contracts added. The next closest strike, the January 16 call, saw only 578 options added to open interest. Those buying the WEN Janua...Read More
There's been speculation that the recent bitcoin craze has dulled traders' appetite for commodities. After all, some people are taking out mortgages to buy the volatile cryptocurrency -- which began trading futures last week, and has generated some huge gains in a short time, especially compared to the typically safe, slow crawl of gold and silver. Whatever the motive, the recent cost of "crash pr...Read More
Stocks are searching for direction as traders await the latest on the tax bill, which appears to be headed to President Donald Trump's desk for a signature. Among the names making the biggest moves are mobile payments stock Net Element International Inc (NASDAQ:NETE), China-based financial services provider China Internet Nationwide Financial Services Inc (NASDAQ:CIFS), and tobacco giant Philip M...Read More
Yesterday, electric car company Tesla Inc (NASDAQ:TSLA) received its largest pre-order to date of electric semi trucks from United Parcel Service (UPS). UPS joins PepsiCo (PEP), Wal-Mart Stores (WMT), and J.B. Hunt(JBHT) on a growing list of companies that have placed orders for Tesla's truck since the mid-November unveiling. Today, we will take a closer look at TSLA stock and see how sentiment...Read More
U.S. stocks are trading mixed at midday, with the Dow Jones Industrial Average (DJIA) taking the lead. Another record closing high today would mark the 71st for the Dow in 2017, setting a new calendar-year record. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) were sticking close to breakeven, at last check, as traders continue to eye the Republican tax bill. The House is expected to re-vo...Read More
It looks all but certain that Congress is set to pass sweeping tax reform this week. According to J.P. Morgan Securities, the new tax rules will greatly benefit companies such as Verizon Communications Inc. (NYSE:VZ), AT&T Inc. (NYSE:T), and Comcast Corporation (NASDAQ:CMCSA). Of course, this comes right after the companies scored what was considered a win with the Federal Communications Commissio...Read More