This Thursday, Oct. 19, will mark the 30th anniversary of Black Monday -- when the stock market notoriously crashed in 1987. This week, we'll be publishing a handful of features in observance of the event, kicking off today with stats on stock market performance before Black Monday, the hypothetical CBOE Volatility Index (VIX) reaction, and how the S&P 500 Index (SPX) has performed after its last...Read More
The Dow is modestly higher today, and just topped the 23,000 level for the first time ever. Among specific stocks on the move are educational product name Pearson plc (NYSE:PSO), solar power firm TerraForm Power Inc (NASDAQ:TERP), and water technology expert Badger Meter, Inc. (NYSE:BMI). Here's a quick look at what is moving shares of PSO, TERP, and BMI.Pearson Stock Surging After Upbeat Profit F...Read More
The Dow Jones Industrial Average (DJIA)is trading modestly higher this afternoon, with the index hitting a fresh all-time high during intraday trading. A handful of blue-chip earnings reports lifted the Dow above 23,000 for the first time ever, with UnitedHealth Group (UNH) and Johnson & Johnson (JNJ) stocks soaring to new highs. At last check, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC)...Read More
It was major headline news in September when JPMorgan Chase (JPM) CEO Jamie Dimon described bitcoin (BTC=) as "a fraud," with the cryptocurrency tumbling over 900 points (roughly 22% of its value) over the course of the following two trading days. In scathing commentary delivered at an investing conference, Dimon called bitcoin "stupid," and added, "It's worse than tulip bulbs... Someone is going...Read More
Earnings season is kicking into high gear. In addition to a number of Dow names and tech firms stepping up to the earnings plate, travel company United Continental Holdings Inc (NYSE:UAL) is slated to unveil its quarterly results after tomorrow's close. Here's a closer look at how UAL stock has been performing ahead of earnings, and how options traders are positioning themselves.Since hitting a re...Read More
U.S. stocks are trading mixed this morning, with the Dow elbowing higher after some positive blue-chip earnings reports. Among the stocks making moves this morning are pharmaceutical company Johnson & Johnson (NYSE:JNJ), banking concern Morgan Stanley (NYSE:MS), and GPS navigation company Garmin Ltd. (NASDAQ:GRMN). Here's a closer look at what's moving shares of JNJ, MS, and GRMN.Johnson & Johnson...Read More
Analysts are weighing instreaming entertainment service Netflix, Inc. (NASDAQ:NFLX), Dow stock UnitedHealth Group Inc (NYSE:UNH), and biotech Biogen Inc (NASDAQ:BIIB). Here's a quick roundup of today's bullish brokerage notes on shares of NFLX, UNH, and BIIB.Netflix Earnings Impress AnalystsNetflix stock is down 0.1% to trade at $202.59, reversing pre-market gains, despite the company's better-t...Read More
Shares of retailer Dollar Tree, Inc. (NASDAQ:DLTR) have been on a tear in recent months. Despite a downgrade on Oct. 13, the stock managed to hit a 52-week high, bringing its year-to-date lead to nearly 19%. The shares just broke north of a trendline connecting lower highs since this time last year, and could be headed to higher highs. A round of bullish analyst attention could help DLTR stock ris...Read More
Analysts are weighing in on fast-food chain Sonic Corporation (NASDAQ:SONC), organic foods specialist United Natural Foods, Inc. (NASDAQ:UNFI), and mining stock Freeport-McMoRan Inc (NYSE:FCX). Here's a quick roundup of today's bearish brokerage notes on shares of SONC, UNFI, and FCX.Sonic Earnings Draw Mixed Reactions from AnalystsSonic shares are up 0.8% to trade at $25.01, despite the company's...Read More
Dow Jones Industrial Average (DJIA) futures arehigher this morning, as markets digest a busy day of earnings reports. Dow stocks Goldman Sachs (GS), Johnson & Johnson (JNJ), and UnitedHealth (UNH) are all headed higher after earnings beats, and should help the Dow extend its quest for record highs.Netflix (NFLX) is also in the earnings spotlight, after reporting higher-than-expected subscriber gr...Read More
Introducing, Quadron Cannatech Corporation (CSE:QCC) "THE BOSS". It's the next generation in CO2 Extraction, combining simplicity, innovation, and quality to produce one of the most innovative extraction systems to date.The "BOSS" CO2 Extraction System combines proprietary max flow technology with advanced thermodynamics, automated features and an exclusive plug and play design.The BOSS has a ve...Read More
The yellows and reds are piled high in the backyard.Pretty soon, the trees will look like brown skeletons swaying in the breeze, the wood stove will be fired up, and friends and neighbors will warn of a winter that's "supposed to be really bad this year."We hear it every year.How the squirrels have been busier than ever stocking up for the winter. How one of a thousand weather forecasts is calling...Read More
Clive lays out the case that short term prospects for gold & silver are lower. Way lower. Here's what he is looking at along with his price targets...By Clive Maund via Streetwise ReportsLike gold, silver gapped out of its downtrend last week, but volume was lacking on this move, which, given the now bullish outlook for the dollar, may turn out to be a "pop" that will be followed by renewed declin...Read More
Below looks at the Silver/Gold ratio over the past 30-years. Metals bulls (both Gold & Silver) want to see the ratio moving higher, to send a quality bullish message to both.The ratio has spent the majority of the past 30-years inside of rising channel (1). When the ratio hit the top of the long-term rising channel back in 2011, the ratio put in a large bearish reversal pattern at (A). This is whe...Read More
Once you accept that you are not sovereign, it is just a matter of maneuvering for governments to do whatever they want.They don’t play by any rules. But they force you to follow them. Some governments do this by blunt force. Other governments do it by controlling the media narrative. Still, others twist the law to fit their purposes and appear legitimate. Most use a combination of tactics t...Read More
David Garofalo, President & CEO, Goldcorphttp://goldcorp.comRick Rule discusses the highlights from David Garofalo's keynote speech at the 2017 Sprott Vancouver Natural Resource Symposium.Rick also tackles attendee-submitted questions.Interview Highlights[5:30] Gold companies as leverage instruments[7:30] What happened to gold companies during the last decade?[9:17] Did companies rush to produce u...Read More
Once you accept that you are not sovereign, it is just a matter of maneuvering for governments to do whatever they want.They don’t play by any rules. But they force you to follow them. Some governments do this by blunt force. Other governments do it by controlling the media narrative. Still, others twist the law to fit their purposes and appear legitimate. Most use a combination of tactics t...Read More
Rasim Ozan'??n Ivan Bebek ??nerisine Abd? 1/4 lkerim Durmaz ????ld??rd??: "??erefsiz"Read More
Returns will improve with lower costs and tighter focusOil and gas companies are trying to balance playing a short game and a long game. The dominant strategic theme is strict capital discipline; higher risk investment is off the agenda.But at the same time, there's a need to sow some seeds for future growth. The Majors have stepped up acquisition of new frontier exploration acreage in 2017 - it's...Read More
Returns will improve with lower costs and tighter focusOil and gas companies are trying to balance playing a short game and a long game. The dominant strategic theme is strict capital discipline; higher risk investment is off the agenda.But at the same time, there's a need to sow some seeds for future growth. The Majors have stepped up acquisition of new frontier exploration acreage in 2017 - it's...Read More