Recent News

'Secondary Targets' Looking First Rate for Canadian Gold Explorer

June 06, 2017 / www.theaureport.com

With primary targets still not accessible due to weather, secondary targets are the focus, and analysts Ryan Walker of Echelon Wealth Partners and Adam Melnyk of PI Financial weigh in on the latest results. In a June 5 press release, Victoria Gold Corp. (VIT:TSX.V) announced assays for its Eagle West zone, a secondary target, directly adjacent to its primary Eagle Gold Deposit. The highlighted E...Read More

Commissioning Complete at Mexican Mine

June 06, 2017 / www.theaureport.com

With the commissioning phase of the processing plant complete, full production at this Mexican mine has resumed. Great Panther Mexico Project MapGreat Panther Silver Limited (GPR:TSX; GPL:NYSE.MKT) announced on June 1 that it has completed the commissioning of the processing plant of the Topia mine in Durango, and that the facility is operating at planned capacity.The company also noted that it...Read More

Jaguar Mining Inc

June 06, 2017 / www.goldstockdata.com

Price DataSymbolDatePriceChange52 Wk RangeVolumeOTCMKTS:JAGGF06/06/2017USD0.31100.02000.6500 - 0.270023,895TSE:JAG06/06/2017CAD0.42000.02500.8500 - 0.3500101,096Alert me when stock is updatedQuick LinksLogin to accessDescriptionJaguar Mining Inc are a gold focused mid-tier producer with two producing mines in Brazil, two mines in development in Brazil and two exploration properties. Currently they...Read More

Dow Jones Industrial Average Dips; Oil Swings Higher

June 06, 2017 / www.schaeffersresearch.com

The Dow Jones Industrial Average (DJIA) spent the entire session in negative territory, as traders took a risk-off approach ahead of several potentially volatile events later this week. Ongoing turmoil in the Middle East also weighed on investor sentiment, though oil prices managed to erase earlier losses on expectations for a drop in domestic supplies. The S&P 500 Index (SPX) and Nasdaq Composit...Read More

M, PCAR, AMD Stocks On the Move Today

June 06, 2017 / www.schaeffersresearch.com

The stock market is still trading in negative territory, even as oil prices swing higher. Among specific stocks making big moves are retailer Macy's Inc (NYSE:M), heavy machinery maker PACCAR Inc (NASDAQ:PCAR), and Apple supplier Advanced Micro Devices, Inc. (NASDAQ:AMD). Here's a quick look at what's moving shares of M, PCAR, and AMD.M Stock Sinks to New Low After Gross Margin WarningMacy's stock...Read More

2 Penny Stocks for Your Trading Portfolio

June 06, 2017 / www.schaeffersresearch.com

A couple of "penny stocks" created a blip on our trading radar this week. Specifically, LCD panel provider AU Optronics Corp (ADR) (NYSE:AUO) and video infrastructure concern Harmonic Inc (NASDAQ:HLIT) sent up potential "buy" signals on the charts. Below, we'll take a look at AUO stock and HLIT stock, both of which could benefit from a short squeeze.AUO Stock Attempting to Fill Bear GapThe shares...Read More

USO Options Bears Grow Bold as Oil Prices Sink

June 06, 2017 / www.schaeffersresearch.com

Energy shares have been spiraling alongside crude oil prices, with Schaeffer's Senior V.P. of Research Todd Salamone suggesting investors avoid the "vulnerable" group in recent Monday Morning Outlook commentaries. The sector's struggles are highlighted in the recent price action of the United States Oil Fund (USO), whose shares have plunged more than 8% since being swiftly rejected by their 80-day...Read More

Dow Jones Industrial Average Struggles; Traders Seek Safety in Gold

June 06, 2017 / www.schaeffersresearch.com

The Dow Jones Industrial Average (DJIA) is off its early morning lows, but stocks are still struggling for upside as traders exercise caution ahead of some major market events. In the meantime, investors are digesting this morning's Job Openings and Labor Turnover Survey (JOLTS), which showed job openings in the U.S. increased to an all-time high of six million in April, while hiring decreased....Read More

Bearish Traders Could Hold the Key for More Delta Air Lines Stock Gains

June 06, 2017 / www.schaeffersresearch.com

Travel stock Delta Air Lines, Inc. (NYSE:DAL) is in a strong technical position, and looks poised to go higher. The shares are up nearly 21% year-over-year, and just last week made a decisive move above their year-to-date breakeven point and the $50.76 level -- half their all-time peak. After taking a sharp bounce of its 200-day moving average in April, DAL is now staring down its 52-week high, an...Read More

Call Traders Jump on Valeant Stock After Bloomberg Report

June 06, 2017 / www.schaeffersresearch.com

Valeant Pharmaceuticals Intl Inc (NYSE:VRX) shares are trading 2% higher today at $12.59, after Bloomberg reported the company is in talks to sell Bausch & Lomb's eye-surgery business. Options traders have been quick to respond, with buy-to-open activity possibly taking place at the weekly 6/9 13-strike call, and the June 14 call. If long positions are being initiated here, traders are betting...Read More

GIII, ACOR, JASO Stocks In The News Today

June 06, 2017 / www.schaeffersresearch.com

U.S. stocks are sluggish today, amid escalating geopolitcal uncertainty. Among specific stocks on the move this morning are apparel manufacturer G-III Apparel Group, Ltd. (NASDAQ:GIII), biopharmaceutical name Acorda Therapeutics Inc (NASDAQ:ACOR), and solar company JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO). Here's a quick look at what's moving shares of GIII, ACOR, and JASO.Optimistic Quar...Read More

FIT, MT, TSCO Stocks Downgraded Today

June 06, 2017 / www.schaeffersresearch.com

Analysts are weighing in on wearable tech stock Fitbit Inc (NYSE:FIT), steel manufacturer ArcelorMittal SA (ADR) (NYSE:MT), and farming equipment maker Tractor Supply Company (NASDAQ:TSCO). Here's a quick roundup of today's bearish brokerage notes on shares of FIT, MT, and TSCO.Citi Maintains "Sell" Rating on FIT StockFitbit stock is down 0.9% at $5.37, after Citi reiterated a "sell" rating on t...Read More

The Subprime 2.0 Bubble is About to Burst

June 06, 2017 / gainspainscapital.com

As we've been outlining for weeks now, Subprime 2.0 is the subprime auto-loan industry. And just as the collapse in the subprime mortgage lending was what signaled the beginning of the housing crisis... trouble in the subprime auto-loan industry will be what signals that the next Debt Crisis is here.On that note... subprime auto-loan defaults are soaring, hitting 11.96%. The last time they were an...Read More

TSLA, MCHP, NFLX Stocks Upgraded Today

June 06, 2017 / www.schaeffersresearch.com

Analysts are weighing in on Elon Musk's Tesla Inc (NASDAQ:TSLA), semiconductor stock Microchip Technology Inc. (NASDAQ:MCHP), and streaming content provider Netflix, Inc. (NASDAQ:NFLX). Here's a quick roundup of today's bullish brokerage notes on shares of TSLA, MCHP, and NFLX.Pacific Crest Expects a 26% Rally For TSLA StockPacific Crest reiterated its "sector weight" rating and raised its pri...Read More

India GST News Powers Gold Higher

June 06, 2017 / www.gold-eagle.com

Gold is the world's ultimate asset, and another spectacular week is underway for investors. While May was mostly sideways (and lower for many gold stocks), it's starting to look like the month of June could be a serious "barnburner".This is the daily bars gold chart.Gold tends to stage a decent rally in the days following the release of the US jobs report. That's in play now, as I suggested it...Read More

In Gold We Trust

June 06, 2017 / www.gold-eagle.com

With the US dollar taking another hit last Friday on a weaker-than-expected jobs report, gold closed up 1.12 percent for the day. A Bloomberg gauge of 72 junior miners, however, has lost 15 percent since the end of January, and the rebalance of the VanEck Vectors Junior Gold Miner ETF (GDXJ), which I previously wrote about, is also having a depressing effect on many gold names.This was a major con...Read More

Curve Inversion And Chaos To Begin By December 2017

June 06, 2017 / www.gold-eagle.com

The bounce in Treasury yields witnessed after the election of Donald Trump is now decaying in the D.C. swamp. If the Fed continues to ignore this slow growth and deflationary signal from the bond market and continues along its current rate hiking path, the yield curve will invert by the end of this year and an equity market plunge and a recession is sure to follow. An inverted yield curve, which...Read More

The "Debt Jubilee" Nonsense

June 06, 2017 / www.gold-eagle.com

This post is a rehash of something I wrote at TSI last September in response to the article titled "The Gold Standard and Debt Jubilee". The article is a confused jumble of Marxist, biblical and capitalist ideas/assertions, but its gist is that we need both a debt jubilee and a gold standard. My views are that a gold standard is not a worthwhile objective and that a debt jubilee would be both an e...Read More

Dow Jones Industrial Average Futures Point to Another Cautious Day of Trading

June 06, 2017 / www.schaeffersresearch.com

Dow Jones Industrial Average (DJIA) futures are signaling a lower start, as caution sets in ahead of some market-moving events slated for later in the week. Oil futures remain in focus today, with the July-dated crude contract down 0.4% at $47.21 per barrel amid ongoing tensions in the Middle East. But as Wall Street's appetite for riskier assets cools, gold is poised to benefit from its safe-ha...Read More

Deposit Bail In Risk As Spanish Bank's Stock Crash

June 06, 2017 / www.gold-eagle.com

- Deposit bail in risk as stocks and bonds of Spanish bank - Banco Popular - crash- Banco Popular stock crashes most on record - down 63% this year to 34 euro cents- Spanish bank tells employees - "Don't panic"- Risk of Spanish banking crisis as Banco Popular credit curve inverts- Banco Popular needs to find at least ?,?4 billion more capital - analysts- Deposits over ?,?100,000 (euro) vulnera...Read More

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