U.S. stocks are holding modest gains this afternoon, with the Dow and S&P 500 Index eyeing record closes. Among the names making big moves are agriculture technology specialist Yield10 Bioscience Inc (NASDAQ:YTEN), gene therapy stock Spark Therapeutics Inc (NASDAQ:ONCE), and biotech Syros Pharmaceuticals Inc (NASDAQ:SYRS). Here's a quick look at what's moving shares of YTEN, ONCE, and SYRS. Monsa...Read More
Bitcoin futures began trading on the Cboe Global Markets exchange under the code XBT -- bringing more attention to the surging cryptocurrency. At last check, the January contract was trading near $17,970, after climbing as high as $18,850 earlier. The March contract, meanwhile, reached as high as $19,330, before scaling back to its present perch at $18,390. The volume has helped lift the value of...Read More
Bitcoin futures have made quite a splash, with surging demand for the cryptocurrency halting trading and temporarily shutteringCBOE's website earlier. In fact, two fund firms have reportedly already asked regulators for permission to launch an ETF on the digital currency. While Cboe Global Markets Inc (NASDAQ:CBOE) and other Bitcoin-related stocks are in focus today, one equity will likely capture...Read More
The 20 stocks listed in the table below have attracted the highest total options volume during the past 10 trading days. Stocks highlighted in yellow are new entries to the list. Data is courtesy of Schaeffer's Senior Quantitative Analyst Rocky White. Two names to note are biotech stocks Valeant Pharmaceuticals International, Inc. (NYSE:VRX) and Teva Pharmaceutical Industries Ltd (NYSE:TEVA). Be...Read More
U.S. stocks are modestly higher at midday, though the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are off their session peaks. Still, the DJIA and SPX are aiming for another record close. The reported attempted suicide bombing at Times Square in New York City took some of the wind out of the bulls' sails, but a strong day for drug and tech stocks is lifti...Read More
Drug stocks are in focus this morning, including sector partners Celgene Corporation (NASDAQ:CELG) and bluebird bio Inc (NASDAQ:BLUE). The pair reported positive data on their co-developed CAR-T drug -- designed to treat patients with advanced multiple myeloma -- with 94% of patients responding to the treatment, and over half remaining in complete remission. "This is unheard of, something that we...Read More
Solar stocks are gearing up for a strong close to 2017. This morning, shares of alternative energy names, First Solar, Inc. (NASDAQ:FSLR) and SunPower Corporation (NASDAQ:SPWR) are surging after being upgraded to "outperform" from "neutral" at Baird. Below, we will take a closer look at these bullish brokerage notes, and see how the stocks are performing. First Solar Stock is Baird's 'Top Sector...Read More
Software company Adobe Systems Incorporated (NASDAQ:ADBE) is set to report earnings after the close on Thursday, and bullish expectations are building ahead of the event. Just this morning, for example, RBC raised its price target to $179 from $177, helping ADBE stock pick up 0.4% to trade at $174.27. Most analysts are already very bullish, with 19 of 23 handing out "strong buy" ratings, and opti...Read More
Bitcoin futures began trading on the Cboe Global Markets Inc (NASDAQ:CBOE) last night under the symbol XBT. The contracts attracted such heavy volume that trading had to temporarily be halted, while CBOE's website underwent delays and outages. Shares of CBOE are trading higher this morning, as are Square Inc (NYSE:SQ) and Overstock.com Inc (NASDAQ:OSTK) -- two stocks with exposure to the cryptocur...Read More
Dow Jones Industrial Average (DJIA) futures are trading above fair value this morning, as stocks try to build off Friday's strong session. In focus today are newly released bitcoin futures, which soared in their debut, resulting in a temporary halt in trading. Investors are also monitoring headlines of an explosion near Times Square in New York City. Looking ahead, the Labor Department's Job Openi...Read More
"If fed funds futures traders are correct, and if past is prologue, bulls should welcome the FOMC standing pat this week... [there's] a propensity for stocks to rally in the short term following FOMC decisions to hold rates steady, with a bias toward broad-market weakness in the immediate days and weeks following a rate hike." -- Monday Morning Outlook, October 30, 2017"For now, the short-te...Read More
It's rarely discussed, yet it's one of the greatest financial burdens the cannabis industry faces.And no, I'm not talking about the federal prohibition on cannabis.Truth is, prohibition has less than five years left before it's repealed.Thanks to the simple fact that legal cannabis is bolstering local economies while delivering hundreds of millions of dollars in tax revenue, cannabis will soon be...Read More
Pretium Resources (TSE:PVG) was the only one of our gold stocks in positive territory over the past two monthsThis Content is Exclusive to Our MembersLogin belowRegisterLost your password?The Ubika Gold 20 Index fell 10% since our last report dated October 10, 2017, underperforming its benchmarks, the Gold Spot price and the Global Gold Index which returned, -3.1% and -8.2%, respectively. Notable...Read More
Keith says conditions in the general economy are getting more problematic, and metals prices will have to move higher to revert to the mean...Keith Neumeyer interviewed on by Dave Janda on Operation FreedomKeith Neumeyer, CEO of First Majestic Silver, which operates six silver mines in Mexico, interviewed by Dave Janda.The interview begins with an update on First Majestic, and then shifts into mar...Read More
As the 2018 American Silver Eagle coin goes on pre-sale, the US Mint ceases production on the 2017 American Silver Eagle coin which recorded the lowest mintage in nine years....This has been a very slow year for American Silver Eagle sales. The 2017 Silver Eagle was minted 20,000,000 times less than the 2016 Silver Eagle and 30,000,000 less times than the 2015 Silver Eagle...Recall from just a co...Read More
OverviewPolarX is an advanced ASX-listed mineral exploration company. The recently formed PolarX brings together a suite of exciting copper and copper-gold assets in Alaska. High grade existing resources and numerous large, unexplored advanced targets, within a 35km mineralised belt, are now under PolarX's control and direction.Exploration Highlights - Upside PotentialThe ~2,000m core drilli...Read More
SASKATCHEWAN - Vancouver-based NexGen Energy has reported assay results from 21 recent holes at its Arrow deposit, part of the Rook I property in the Athabasca Basin. Results for 28 holes at Arrow and 31 from South Arrow are pending.NexGen's Arrow is the largest undeveloped uranium resource in the Athabasca Basin. (Image: NexGen Energy)A3 infill drilling returned the best assay to date from the Ar...Read More
Shares of Garibaldi Resources Corp. [GGI-TSXV, GGIFF-OTC] retreated Monday December 11 as investors continued to assess drilling results from its 100%-owned E&L Project at the Nickel Mountain property near Eskay Creek in the Golden Triangle region of northwest British Columbia.On December 8, 2017, the company said Discovery Hole EL-17-14 returned a 40.4-metre mineralized zone, featuring a mass...Read More
I wouldn’t invite the Amazon Echo or the Google Home into my home.These smart speakers listen to everything that happens around them. Ostensibly this is to make shopping, playing music, and finding information easy. But the internet of things presents way too many risks to our privacy.Internet-connected technologies are already used to incriminate their owners in court. And that is the main...Read More
I wouldn’t invite the Amazon Echo or the Google Home into my home.These smart speakers listen to everything that happens around them. Ostensibly this is to make shopping, playing music, and finding information easy. But the internet of things presents way too many risks to our privacy.Internet-connected technologies are already used to incriminate their owners in court. And that is the main...Read More