Two airline stocks arehigher this morning, after analysts issued some lofty price-target hikes. Southwest Airlines Co (NYSE:LUV) receivedprice-target hikes to $74 from both Raymond James and Barclays. Not to be left out, United Continental Holdings Inc (NYSE: UAL) also received a price-target hike to $74from Cowen and Company, after the airline reported well-received December traffic metrics....Read More

Following suit with the record-breaking performance by stocks, many of our subscription trading services finished strong in 2017. In particular, though, our credit spread-focused Wealthbuilder program actually wrapped up the year with a perfect record, as every single trade recommended during the 12-month stretch expired a winner. To find out more about this remarkable 100% win rate, we spoke with...Read More

SEOUL (Reuters) - U.S. President Donald Trump told his South Korean counterpart Moon Jae-in he is open to talking with North Korea, the South's presidential office said on Wednesday after they had spoken by telephone.A day after North and South Korea held their first talks in more than two years, Trump said there would be no military action while talks are ongoing, the Blue House said in a stateme...Read More

Gold stocks having EV/EBITDA equivalent to global peer average of 9.4X or higher.Gold stocks having stable fundamentals and a strong position despite lower gold prices and forex.Sound market valuation due to substantial organic growth opportunities in project pipeline. Source: The Balance Investment Thesis Enterprise Value to Earnings before Interest Depreciation and Amortization ((EV/EBITDA)): Th...Read More

(Reuters) - Chicago Federal Reserve Bank President Charles Evans on Wednesday said that in late 2017 when the rest of his Fed colleagues decided to raise interest rates for a third time, he wanted to wait until mid-2018 for another rate hike.“I’d feel a lot more confident if I saw those transitory reductions in the inflation rate go away,” he said, explaining his dissent in his f...Read More

SEOUL (Reuters) - South Korean President Moon Jae-in credited U.S. President Donald Trump on Wednesday for helping to spark the first inter-Korean talks in more than two years, and warned that Pyongyang would face stronger sanctions if provocations continued.The talks were held on Tuesday on the South Korean side of the demilitarized zone, which has divided the two Koreas since 1953, after a prolo...Read More

Klondike Gold Corp. has been halted at 6:25 a.m. PT on Jan. 10, 2018, at the company's request, pending news.© 2018 Canjex Publishing Ltd. All rights reserved.Read More

Klondike Gold Corp. has been halted at 6:25 a.m. PT on Jan. 10, 2018, at the company's request, pending news.© 2018 Canjex Publishing Ltd. All rights reserved.Read More

The calendar year 2017 was a remarkable one for the CBOE Volatility Index (VIX) in more than one regard. VIX registered an all-time low of 8.56, and rose only as high as 17.28 -- its lowest annual high of the past 20 years. It also marked the fourth consecutive year where VIX declined, which last occurred during the stretch from January 2003 to December 2006.The average daily VIX reading last year...Read More

WASHINGTON (Reuters) - The Federal Reserve Bank of Minneapolis on Wednesday called for U.S. regulators to raise capital requirements for the largest U.S. banks, saying they are still ‘too big to fail’ despite a slew of reforms introduced following the 2008 financial crisis.The academic study estimates there is still a 67 percent chance of a tax-payer funded bail out over the next 100 y...Read More

The U.S. stock rally may have finally hit a wall, with futures trading below fair value this morning. The bond market is in focus today, with 10-year Treasury yields climbing north of the key 2.5% level after Bloomberg reported China may slow or stop the purchase of U.S. bonds. While the Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq-100 Index (NDX) appear ready to retreat aft...Read More

LONDON (Reuters) - Crude oil prices hit new multi-year highs on Wednesday as OPEC-led production cuts and healthy demand helped to balance the market, but analysts warned of possible overheating.A broad, global market rally, including stocks, has also been fuelling investment into crude oil futures. [MKTS/GLOB]U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $63.60 a barrel, up 64 cen...Read More

Getty ImagesThe cost of goods imported into the U.S. rose 3% in 2017, up sharply from the year before. The numbers: The cost of goods imported into the U.S. rose slightly in December and finished the year with a 3% increase - the biggest gain in six years. Although that's much higher than the 1.9% gain in 2016, it still reflects a generally low level of inflation. In December, import prices edged...Read More

LONDON, Jan 10 (Reuters) - Officials reviewing China's foreign-exchange holdings have recommended slowing or halting purchases of U.S. Treasuries, Bloomberg News reported on Wednesday, citing people familiar with the matter.China has the world's biggest currency reserves and is the biggest foreign holder of U.S. government debt.According to the Bloomberg report, the sources said the market for U.S...Read More

Klondex Mines Ltd.(TSX: KDX; NYSE American: KLDX) says it is scaling backoperations at its True North mine in Manitoba, with plans to eventually haltmining. After study, Klondex says it will limit underground mining to areasalready developed, and once these are depleted, underground mining will besuspended. Officials say the decision was largely based on the site’s inabilityto achieve p...Read More

Gold regains bid tone in Europe. Equities drop in early trade. Gold is mildly bid in Europe, possibly due to moderate losses in the European equities. As of writing, the metal (XAU/USD) is trading at $1314/Oz levels; up 0.23 percent on the day. Prices hit a one-week low of $1308.22 in Asia, tracking the rise in the US 10-year treasury yield to 2.57 percent (highest level since March). The recove...Read More

Bears thought they had control of the gold markets onTuesday, taking the precious metal down over $10 before a late-day rally cutthose losses in half. In overnight trading, the bears were once again incontrol until 1:30 a.m. EST. Out of nowhere, the bulls showed up and goldrallied $18 from the lows, putting in a new three-month high. Once again, the bears got run over by the bulls on heavyvolume....Read More

JOHANNESBURG, Jan 10 (Reuters) - The class action brought by thousands of mineworkers who contracted lung diseases while working for South African gold miners has been postponed because the parties are close to a settlement, lawyers for the companies said on Wednesday.A High Court in 2016 set the stage for protracted proceedings on cases dating back decades in the largest class action suit yet in...Read More

(Kitco News) - Gold prices are solidly higher and hit a 3.5-month high in early U.S. trading Wednesday.Safe-haven demand is in play for the gold and silver markets at mid-week, amida sharp sell-off in world government bond markets. A lower U.S. dollar index onthis day is also providing a boost to the precious metals. February Comex gold was last down $9.30 an ounce at $1,323.10. March Comex silver...Read More

LONDON (Reuters) - The U.S. dollar slumped on Wednesday after a report that China was ready to slow or halt its U.S. treasury purchases, with the greenback posting its biggest single-day drop against the Japanese yen in nearly eight months.Officials reviewing China’s foreign-exchange holdings have recommended slowing or halting purchases of U.S. Treasuries, Bloomberg News reported, citing pe...Read More