I can't see how yesterday's announcement isn't a blockbuster event.Continue...Read More
The Investing News Network caught up with Frank Holmes, CEO and chief investment officer of US Global Investors (NASDAQ:GROW), at this year's International Metal Writers Conference to get more insight on the future of the junior resource sector, the gold market and his favorite stocks.Speaking about gold, Holmes explained, "investors have to recognize that gold has a seasonal pattern to it. There...Read More
A bull market is incubating in the precious metals section, and technical analyst Clive Maund has charted trends that investors should be watching. We "went walkabout" over the past several years, largely deserting the precious metals sector for other greener pastures, because it has been performing so poorly, apart from a dramatic flurry during the first half of last year. However, the latest c...Read More
Price DataSymbolDatePriceChange52 Wk RangeVolumeOTCMKTS:SVBL06/05/2017USD0.0749-0.00020.2100 - 0.0600230,350TSE:SVB06/05/2017CAD0.10000.00000.2800 - 0.090024,074Alert me when stock is updatedQuick LinksLogin to accessDescriptionSilver Bull Resources Inc are a silver focused junior, late stage development company with one mine in development in Mexico and one exploration property. They have approxi...Read More
Price DataSymbolDatePriceChange52 Wk RangeVolumeOTCMKTS:TSRMF06/05/2017USD0.51400.00100.6700 - 0.390011,510TSE:TML06/05/2017CAD0.69000.00000.9000 - 0.4800264,838Alert me when stock is updatedQuick LinksLogin to accessDescriptionTreasury Metals Inc are a gold focused junior, late stage development company with one mine in development in Canada andexploration properties. They have approximately 1.45...Read More
Coming off Friday's record-setting session, the Dow Jones Industrial Average (DJIA) traded in a tight 56-point range today. The low volatility was seen on the S&P 500 Index (SPX) and Nasdaq Composite (COMP), too, though the latter managed to eke out a new all-time peak in early trading. Nevertheless, all three major market indexes closed in the red, as Apple stock was hit with a rare downgrade ah...Read More
Biotech stocks Puma Biotechnology Inc (NASDAQ:PBYI) and TG Therapeutics Inc (NASDAQ:TGTX) have had big years, both sporting 2017 gains of more than 180%. Like sector peer Loxo Oncology Inc (NASDAQ:LOXO), PBYI and TGTX are making waves again today, too, following this weekend's American Society of Clinical Oncology (ASCO) annual event. Plus, both stocks are testing key technical levels. PBYI...Read More
It's a mixed trading session on Wall Street today, though the Nasdaq Composite (COMP) hit a record high earlier. Among names making big moves are healthcare stocks Mallinckrodt PLC (NYSE:MNK), Bristol-Myers Squibb Co (NYSE:BMY), and bluebird bio Inc (NASDAQ:BLUE). Here's a quick look at what's moving shares of MNK, BMY, and BLUE.MNK Stock Sinks After Latest Citron Research SwipeMNK stock is tradin...Read More
The shares of Navistar International Corp (NYSE:NAV) are among the best of the New York Stock Exchange today, up 12.3% at $28.92. Bolstering NAV stock was some upbeat analyst attention, with Baird upgrading the shares to "outperform" from "neutral," and lifting its price target by $1 to $33. Further, the analyst thinks Navistar stock could hit $50 a share -- nearly twice its current price -- in th...Read More
It's hard to imagine a more clearly phrased clarion call for contrarian traders than the one made by an April 20 Bloomberg headline: "Goldman Says Ignore the Technical, Savor the Fundamental on Oil." But a closer read of the Goldman Sachs research note in question unearths a suggestion that traders might also want to go ahead and overlook the fundamentals, given the firm's view that gasoline deman...Read More
The 20 stocks listed in the table below have attracted the highest weekly options volume during the past 10 trading days. Stocks highlighted are new to the list since the last time the study was run, and data is courtesy of Schaeffer's Senior Quantitative Analyst Rocky White. Two names of notable interest are FANG stock Amazon.com, Inc. (NASDAQ:AMZN) and financial firm Bank of America Corp (NYSE...Read More
U.S. stocks are trading in a tight range today, with the Dow Jones Industrial Average (DJIA) sitting just a few points from last week's record high. The S&P 500 Index (SPX) and Nasdaq Composite (COMP) have also failed to make a meaningful move in either direction, though the latter index managed to hit another record high. The uncertainty comes as investors focus on a number of geopolitical d...Read More
U.S. stocks are trading mixed this morning, as traders have a lot of headlines to digest. Among specific names on the move today are nutrition company Herbalife Ltd. (NYSE:HLF), software stock Gigamon Inc (NYSE:GIMO), and music streaming platform Pandora Media Inc (NYSE:P). Here's a quick look at what's moving shares of HLF, GIMO, and P. Sales Warning Eats Into HLFThe company's warning that second...Read More
Analysts are weighing in on internet auction site eBay Inc (NASDAQ:EBAY), biotech stock Loxo Oncology Inc (NASDAQ:LOXO), and retailer Gap Inc (NYSE:GPS). Here's a quick roundup of today's bullish brokerage notes on shares of EBAY, LOXO, and GPS.EBAY Stock Hits Record High After Bull NoteeBay stock is up 1.3% to trade at $35.79, earlier hitting a record high of $36.02, after Credit Suisse initia...Read More
Analysts are weighing in on tech giant Apple Inc. (NASDAQ:AAPL), drug stock Perrigo Company plc Ordinary Shares (NYSE:PRGO), and Snapchat parent Snap Inc (NYSE:SNAP). Here's a quick roundup of today's bearish brokerage notes on shares of AAPL, PRGO, and SNAP.AAPL Stock Downgraded Ahead of WWDCApple stock is down 0.8% in electronic trading, following an AAPL downgrade to "sector weight" from "o...Read More
Since 2008 the financial media has been proclaiming that the US was in a "recovery." This argument was used to justify the insane monetary policy of the Federal Reserve, which maintained ZIRP for seven years and spent over $3 trillion in QE.Well, it turns out there was no recovery to speak of when it comes to jobs.According to a report posted on Friday, an incredible 93% of ALL jobs created since...Read More
Dow Jones Industrial Average (DJIA) futures are trading below fair value, with the blue-chip index taking a breather following Friday's record high. While the pre-market downside is modest, there's plenty of news for stocks to price in -- including this weekend's terrorist attack in London, an upwardly revised reading on first-quarter productivity, and Apple's Worldwide Developers Conference (WW...Read More
"The pattern we've noticed in recent months is resistance coming into play in the weeks immediately following a Fed rate hike (mid-December 2016 and mid-March this year)... On Feb. 1 the Fed met but did not raise rates, and the SPX rallied soon after."On Thursday, the SPX moved above 2,400 and established a new all-time high. This follows the lows in the previous week near the 2,350 half-century m...Read More
StrengthsThe best performing precious metal for the week was palladium, up 6.17 percent. Consumer demand is rising for gasoline- versus diesel-engine powered vehicles, yet automobile sales have started to relax in recent months. According to Bloomberg, gold bulls outnumber gold bears this week as Trump probes are boosting safe-haven demand for the yellow metal. In fact, gold advanced to the high...Read More
I was shocked by Friday's announcement by the CFTC of an order and simultaneous settlement of manipulation charges in COMEX gold and silver futures. I first saw it in a Zerohedge article and subsequent articles on Bloomberg and in the Wall Street Journal, but all those accounts were somewhat off target compared to the CFTC announcement itself. This was one of those rare cases where the source anno...Read More