U.S. stocks are lower this afternoon, pulling back from yesterday's record closing highs. The Dow Jones Industrial Average (DJIA), Nasdaq Composite (IXIC), and S&P 500 Index (SPX) are all in the red at midday, with Goldman Sachs (GS) leading the blue-chip losers, and FAANG stock Apple (AAPL) pacing a tech decline. The market is still awaiting the highly anticipated tax vote from Congress, with t...Read More
Nomura initiated coverage on Sucampo Pharmaceuticals, Inc. (NASDAQ:SCMP) with a "buy" rating and a $43 price target -- representing expected upside of 150% to the stock's current perch at $17.10, up 2.1% so far today. The brokerage firm said the current valuation doesn't price in SCMP's Niemann-Pick disease type C1 (NPC1) treatment -- an extremely rare metabolic disorder -- and other products in t...Read More
It's been a good second half of the year for automakers Ford Motor Company (NYSE:F) and General Motors Company (NYSE:GM). Respectively, the stocks sport year-to-date gains of 4.4% and 22%, with the latter hitting a record peak of $46.76 in late October. Brokerage firm RBC expects this trend to continue, weighing in bullishly on both F and GM this morning. RBC Bumps Up Ford Stock Price TargetFord s...Read More
As markets await news on the tax reform vote, two stocks have already ascended to fresh record highs this morning: streaming content provider Roku Inc (NASDAQ:ROKU) and online automotive stock Cars.com Inc (NYSE:CARS) are both moving after hedge funds reported stakes. Below, we will take a closer look at ROKU and CARS stocks.ROKU Stock Could Have Room to RunMorgan Stanley reported a 5.1% passi...Read More
The Dow Jones Industrial Average (DJIA) on Monday notched its 70th record high in 2017, tying 1995 for the most in one year. And with a couple weeks left before we flip the calendar -- not to mention the index taking off in early trading today, ahead of an expected vote on tax reform -- there's a good chance this year will go down in history for the blue-chip index. Further, the Dow and the S&P 50...Read More
Unless you've been hiding under a rock, you've likely been bombarded by bitcoin-related headlines over the past couple of weeks. Not only are various talking heads already suggesting a "bitcoin bubble" in the wake of last week's highly anticipated bitcoin futures launch, but several media outlets have attributed the recently dulled appetite for gold and other commodities to the soaring popularity...Read More
Pharmacy benefits provider Express Scripts Holding Company (NASDAQ:ESRX) has found new life since its mid-October bottom, rallying roughly 28% since to close at its highest point since March on Friday. In the process, the shares pushed through the $64 level, which is three times the 2009 low, and have broken out north of a trendline connecting lower highs since mid-2015. On the fundamental front,...Read More
Superstore stock Wal-Mart Stores, Inc. (NYSE:WMT) is moving higher this morning, after Citigroup upgraded the shares to "buy" from "neutral," and raised its price target to $117 from $106. In a note to clients, Citi saidit was "a big mistake" to stay on the WMT sidelines in 2017, but thinks there's more upside to come in 2018, particularly with rivals like Costco (COST) and Home Depot (HD) tradi...Read More
Instinet downgraded Apple Inc. (NASDAQ:AAPL) to "neutral" from "buy" and lowered its price target to $175 from $185 -- a slight discount to last night's close at $176.42 -- citing expectations for limited upside to iPhone X sales. The brokerage firm also cut its full-year earnings per share estimates for both 2018 and 2019. In reaction, AAPL stock is 0.8% lower in pre-market trading.An Apple downg...Read More
U.S. stock futures are signaling another rally, putting the Dow Jones Industrial Average (DJIA) and S&P 500 Index (SPX) on pace for another record-breaking session. The upbeat approach comes as Congress is expected to begin voting on tax reform as early as today, with the new tax bill now widely expected to pass. Meanwhile, traders are digesting November housing starts, which topped expectations,...Read More
It was 2004 when we had our first holiday party.It was me, the owner of Angel Publishing, his wife, and a former coworker.We dined on a huge plate of sushi and talked about all the great things that were in store for the coming year.Fast-forward to 2017, when last Friday I gathered with 50 coworkers as we celebrated the holidays in a private suite at Camden Yards.The company that's been bringing y...Read More
by David RansonThis report reviews some important reasons why investment managers and their regulators should not rely on standard deviation when they assess the riskiness of investment products.There are many ways in which standard deviation may produce an irrelevant or misleading impression of the risk assumed when an asset is purchased. Volatility is one element of risk, but often only a subsid...Read More
Jeffrey Christian says there will be less silver sold in 2018 than in 2017, and prices will be flat on the year. Here's why...There are a number of fundamental factors that could contribute to a rush into gold and silver in 2018.In no particular order:Geo-political risk including trade war/tensions with China or Russia and shooting war/sanctions with North Korea or IranRising price for oilWeakenin...Read More
SRSrocco has some startling new statistics with regards to silver production that U.S. silver investors might want to make a note of... by Steve St Angelo of SRSrocco ReportThe rate at which global silver production increased over the past century is quite astonishing. When Columbus arrived in America (1492), the world was only producing 7 million oz of silver a year. Today, the world's large...Read More
Weekly Reports |Dec 19 2017The uranium market went quiet last week following a period of volatility, as utilities look towards 2018.- Kazatomprom cuts reverberate- Impact unknown- Market winds down for 2017By Greg Peel"Given the challenging market conditions, and in light of continued oversupply in the uranium market, we have taken the strategic decision to reduce production in order to better ali...Read More
Weekly Reports |Dec 19 2017The uranium market went quiet last week following a period of volatility, as utilities look towards 2018.- Kazatomprom cuts reverberate- Impact unknown- Market winds down for 2017By Greg Peel"Given the challenging market conditions, and in light of continued oversupply in the uranium market, we have taken the strategic decision to reduce production in order to better ali...Read More
In December 2017, Sandstorm purchased a NSR royalty on the producing Hound?(C) gold mine in Burkina Faso. In this video, Sandstorm executives discuss the transaction highlights which include: immediate cash flow, a strong operator in Endeavour Mining and significant exploration upside on the property.Read More
Ce balado du Monde d'URBANIA offre deux histoires de richesses pas ordinaires; celle d'Andr?(C) Gaumond, un g?(C)ologue qui a fait fortune gr??ce au gisement d'or ??l?(C)onore ? la Baie James, et celle de Micheline Desbiens, une m??re monoparentale qui a invent?(C) la p??te ? modeler Tutti Frutti.Intervenants :Andr?(C) Gaumond, Micheline Desbiens Abonnez-vous ? notre cha?(R)ne - https://goo.gl/...Read More
From politically correct lies to government enforced silencing, and even insane public opinion, free speech is under attack.But sometimes, there is some good news coming out of the courts. Taking a case to the American court system is a bit like flipping a coin. Still, it is encouraging to see pro-free-speech rulings being handed down.The Right to Free TweetsDo Trump’s tweets make you feel s...Read More
From politically correct lies to government enforced silencing, and even insane public opinion, free speech is under attack.But sometimes, there is some good news coming out of the courts. Taking a case to the American court system is a bit like flipping a coin. Still, it is encouraging to see pro-free-speech rulings being handed down.The Right to Free TweetsDo Trump’s tweets make you feel s...Read More