Following this week's onslaught of economic data -- and hints of a potential December rate hike from the Fed -- next week's docket looks relatively bare, with Friday's consumer sentiment data one of just a few reports on the list. However, there's plenty of action on the corporate earnings front to hold Wall Street's attention. Semiconductor stocks will continue to be in focus, with a handful of h...Read More
Bank stocks Morgan Stanley (NYSE:MS) and Credit Suisse Group AG (NYSE:CS) are in the spotlight this week, after the Fed hinted at a December rate hike in its latest policy statement. Additionally, President Trump is expected to tap Fed Governor Jerome Powell to replace Fed Chair Janet Yellen in this afternoon's Rose Garden ceremony. What's more, both stocks recently pulled back to key trendline...Read More
Stocks are mostly lower at the halfway point, with the release of the House's tax code proposal resulting in whipsaw price action. Specifically, the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (COMP) all fell sharply following the unveiling of the Republican tax plan, but have since pared some of those losses. The plan calls for a permanent corporate tax rate of...Read More
Shares of Chinese online retailer JD.com Inc (NASDAQ:JD) have surged on the charts this year, tacking on roughly 50%. Since touching an all-time high of $48.99 on Aug. 8, the e-commerce stock has gradually pulled back to its current perch at $38.26. Nevertheless, this retreat could signal a buying opportunity, as JD stock nears a key trendline with historically bullish implications.JD stock...Read More
Subscribers to Schaeffer's Weekly Options Countdown service just tripled their money in two short days on our Cree, Inc. (NASDAQ:CREE) weekly 11/3 31.50-strike call recommendation. Here's a closer look at what put CREE stock on our bullish radar, and how the options trade we recommended on Sunday, Oct. 29, unfolded.Despite reporting relatively lackluster third-quarter earnings in mid-October, CREE...Read More
U.S. stocks are trading mixed this morning, as traders await the unveiling of the House Republican tax bill and President Trump's Fed Chair pick. Among the stocks making moves this morning are athletic device company Fitbit Inc (NYSE:FIT), drug concern Teva Pharmaceutical Industries Ltd (NYSE:TEVA), and Chinese e-commerce company Alibaba Group Holding Ltd (NYSE:BABA). Here's a closer look at wha...Read More
With the global shift towards sustainable living and environmentally friendly solutions, good natured Products Inc. (TSXV:GDNP) is poised for growth, writes Vasudha Sharma at Small Cap Power.Below is an excerpt and a link to the full article, which highlights the reason behind the recent rebrand, turning dirty plastic to green and the huge opportunity in a billion dollar market for good natured P...Read More
Analysts are weighing in on electric carmaker Tesla Inc (NASDA:TSLA), cybersecurity stock FireEye Inc (NASDAQ:FEYE), and camera company GoPro Inc (NASDAQ:GPRO). Here's a quick roundup of today's bearish brokerage notes on TSLA, FEYE, and GPRO.Tesla Posts Biggest-Ever Quarterly LossTesla stock is down 6.1% to trade at $301.22 -- territory the shares haven't visited since April -- after the elect...Read More
Analysts are weighing in on Instagram owner Facebook Inc (NASDAQ:FB), drug stock Neurocrine Biosciences, Inc. (NASDAQ:NBIX), and burger chain Shake Shack Inc (NYSE:SHAK). Here's a quick roundup of today's bullish brokerage notes on shares of FB, NBIX, and SHAK.Facebook Stock Cools After Zuckerberg Warns on ProfitFacebook stock is edging lower before the open, despite the company's record-breakin...Read More
Dow Jones Industrial Average (DJIA) futures are cautiously higher this morning, with central banks and the latest round of earnings in focus. In addition, the unveiling of the House Republican tax bill will be sure to pique traders' interest.President Trump is expected to formally announce a decision on Fed Chair, where it is widely suggested Fed Governor Jerome Powell will be the choice. Meanwhi...Read More
Cenovus Energy Inc's third-quarter adjusted profit beat Wall Street estimates on Thursday, as it benefited from the purchase of ConocoPhillips' Canadian oil-sands assets that more than doubled production.The Canadian oil and gas producer's total production jumped to 590,851 barrels of oil equivalent per day from 273,405 boed a year earlier.Cenovus paid $13.3-billion in March to buy ConocoPhillips'...Read More
French chef Daniel Boulud challenges amateur cook Jessica to keep up with him as they progress through Boulud's Tunisian brik pastry recipe in 15 minutes with their backs to each other. Without the benefit of visual aids, Jessica attempts to keep up with chef Boulud's hurried audio instructions (and accent). An updated version of Daniel Boulud's book "Letters to a Young Chef" came out on October 3...Read More
Yesterday we caught wind of yet another interesting government pick by President Trump.It won't be official until later today, but it looks like Jerome Powell will be named the next chairman of the Federal Reserve (assuming, of course, that he is confirmed by the Senate).Powell is currently acting as governor of the Fed, working under Janet Yellen.And before you start cheering at the idea of Yelle...Read More
All throughout history, people have associated volcanoes with Hell.Or at least they've associated volcanoes with what we'd call "Hell" today - a fiery place of punishment and torment in afterlife.In the 16th century, when the Spanish conquered modern-day Nicaragua, they first encountered the Masaya caldera. They looked inside the fiery pit and, staring down into the burning abyss, they nicknamed i...Read More
Nexus Embassy Conference 2017 at the Aspen Meadows Resort, home of the Aspen Institute. Doug Casey, the chairman of the Casey Institute talks about Bitcoin as an Investment.Doug Casey is best known as a speculator, economic commentator, and author of seven books. His first book, "The International Man", sold tens of thousands of copies around the world, and was the largest selling book in the hist...Read More
Subscribe to Cambridge House for updates!Panelists: Frank Giustra, Frank Holmes, Marin KatusaFrom the 2017 Vancouver Resource Investment ConferenceDoug Casey and Marin Katusa will be at the 2017 Silver & Gold Summit in San Francisco November 20th & 21st! See them live, register today at cambridgehouse.comJoin us at an upcoming event! http://www.cambridgehouse.comStay Connected!http://www.cambridge...Read More
Major miners have cut back on exploration dramatically in the last few years, but according to Brent Cook of Exploration Insights, this year they've started moving back into that arena once again. And more importantly, they're starting to fund juniors. ________________________________________________________________Investing News Network (INN)Find out more about investing by INN @http://investingn...Read More
At first glance, it might seem like some justice has finally been delivered.The Department of Justice has settled a class-action lawsuit brought by Tea Party groups from across the country. The government has admitted that what happened was a violation of rights.Back before the 2012 election, the IRS started scrutinizing certain non-profit applications more closely. Political organizations seeking...Read More
At first glance, it might seem like some justice has finally been delivered.The Department of Justice has settled a class-action lawsuit brought by Tea Party groups from across the country. The government has admitted that what happened was a violation of rights.Back before the 2012 election, the IRS started scrutinizing certain non-profit applications more closely. Political organizations seeking...Read More
Gryphon deposit plan map. (Image: Denison Mines)SASKATCHEWAN - Toronto-based Denison Mines, operator of the Wheeler River uranium project in the Athabasca Basin, says recent drilling has extended the new high grade unconformity-hosted mineralization up-dip and about 250 metres along strike to the northeast of the Gryphon deposit.Preliminary radiometric equivalent grades (eU3O8) from drill hole WR-...Read More