As we noted yesterday, investors have been dumping silver at a rapid-fire rate lately, with some attributing the abandonment to the rise of bitcoin. Whatever the motive, the latest Commitment of Traders (CoT) data shows large speculators reduced their net long exposure on silver by nearly 28,000 contracts in the week ended Dec. 5 -- the biggest one-week decline ever recorded, per Schaeffer's Quant...Read More
Since its June bottom below $50, Target Corporation (NYSE:TGT) has mostly traded in a channel of higher highs and lows. More recently, TGT stock has outperformed the S&P 500 Index (SPX) by 11.5 percentage points during the past month, and today the shares are up 0.5% to trade at $62.97. Brokerage firm MKM Partners sees more upside ahead, too, even though the retailer last month gave an ugly holida...Read More
Athletic wear stocks are in focus this morning, including sector peers Under Armour Inc (NYSE:UAA) and Hibbett Sports, Inc. (NASDAQ:HIBB). Each sporting goods stock (as well as blue-chip Nike) received attention from Deutsche Bank ahead of the bell, with the analysts saying their confidence in athleisure is considerably higher heading into 2018. Below, we'll take a look at how UAA and HIBB stocks...Read More
This morning, biotech stock Valeant Pharmaceuticals International, Inc. (NYSE:VRX) was downgraded to "underweight" from "neutral" at J.P. Morgan Securities, although the brokerage firm issued a price-target hike to $12 from $10. Analysts cited Valeant's patent erosions and lofty earnings estimates over the next two fiscal years, as well as skepticism for specialty pharma in 2018 as reasons for the...Read More
Teva Pharmaceutical Industries Ltd (NYSE:TEVA) is cleaning house following a disastrous 2017. The Israel-based generic drugmaker said it will cut its global workforce by 25% -- resulting in roughly 14,000 lost jobs -- and suspend its dividend payment on ordinary shares in an effort to cut costs by roughly $3 billion by the end of 2019. In reaction, TEVA stock is up 19.3% in electronic trading, set...Read More
U.S. stocks are ready to rally this morning, with futures signaling asurge for the Dow Jones Industrial Average (DJIA) -- which would mark its fifth straight record close. The S&P 500 Index (SPX) and Nasdaq-100 (NDX) are pointing to a big open, too, and there's a ton of economic data to digest today. Specifically, weekly jobless claims came in lower than expected this past week, with 225,000 peopl...Read More
There's an obscure market indicator that's confirming the strength of the lithium-ion battery revolution...Forklifts.Take a look around you for one minute... I'll wait.Everything you've just laid your eyes on was touched by a forklift at one point in its life.Or at the least the parts that went into creating all of the consumer products around you were touched by a forklift at one point. In fact,...Read More
LONDON, 14 December 2017 - Leading Indian finance channel CNBC-TV18 today interviewed BullionVault director of research Adrian Ash.Speaking with CNBC-TV18's commodities specialist Manisha Gupta by phone from London, "If you look at the last 3 years now," says Adrian, "we had a Fed rate hike in December, starting with the long-delayed hike of 2015, and that marked a low in the gold price."The same...Read More
LONDON, 14 December 2017 - Market-development organization the World Gold Council today publishes an exclusive article from BullionVault looking at the phenomenal jump in German gold investing over the last five years.Part of a German focus in the WGC's latest quarterly Gold Investor magazine, the analysis from BullionVault's German markets manager Steffen Grosshauser compares the behaviour of Ger...Read More
What is a right? Do rights exist? They are intangible, yet philosophical constructs can be real.A right defines a state of being; it describes a condition. "Right of way," is how we describe who has first use of a road. People can certainly ignore the concept of a right of way. But that doesn’t void the concept. Right of way still serves as a tool to establish who is liable should a car acc...Read More
Today's Guest: Frank HolmesWebsites:Hive Blockchainhttp://hiveblockchain.comHIVE Blockchain Technologies Ltd. (HIVE.VMost of artwork that are included with these videos have been created by X22 Report and they are used as a representation of the subject matter. The representative artwork included with these videos shall not be construed as the actual events that are taking place.Intro Music: YouTu...Read More
What is a right? Do rights exist? They are intangible, yet philosophical constructs can be real.A right defines a state of being; it describes a condition. "Right of way," is how we describe who has first use of a road. People can certainly ignore the concept of a right of way. But that doesn’t void the concept. Right of way still serves as a tool to establish who is liable should a car acc...Read More
Leah Chase's New Orleans restaurant Dooky Chase changed the course of American history over gumbo and fried chicken. During the civil rights movement, it was a place where white and black people came together, where activists planned protests and where the police entered but did not disturb -- and it continues to operate in the same spirit today. In conversation with TEDWomen Curator Pat Mitchell,...Read More
Richard Gere's girlfriend Alejandra Silva continued to wear what looked to be an engagement ring on her wedding finger on Wednesday evening.The 34-year-old activist made no effort to hide the rock as she talked to the Spanish senate in Madrid about aiding the homeless.The Hollywood icon, 68, looked to be in great spirits as he accompanied the former pr guru.Though Richard's representatives have in...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.At the outset, 2018 seems to be a year full of opportunity for upstream companies.After three years of fighting to survive the price collapse, companies are ready to deliver and to continue rebuild in anticipation of a new era of lowe...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Oil and gas companies are set to enter 2018 in their best shape since oil prices collapsed. In its 2018 Upstream Outlook, released today, global natural resources consultancy Wood Mackenzie believes many will now focus on demonstratin...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Oil and gas companies are set to enter 2018 in their best shape since oil prices collapsed. In its 2018 Upstream Outlook, released today, global natural resources consultancy Wood Mackenzie believes many will now focus on demonstratin...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.At the outset, 2018 seems to be a year full of opportunity for upstream companies.After three years of fighting to survive the price collapse, companies are ready to deliver and to continue rebuild in anticipation of a new era of lowe...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Oil and gas companies are set to enter 2018 in their best shape since oil prices collapsed. In its 2018 Upstream Outlook, released today, global natural resources consultancy Wood Mackenzie believes many will now focus on demonstratin...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.At the outset, 2018 seems to be a year full of opportunity for upstream companies.After three years of fighting to survive the price collapse, companies are ready to deliver and to continue rebuild in anticipation of a new era of lowe...Read More