A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More
The stock is flashing a historically bullish signalThe shares of insurance issue Progressive Corp (NYSE:PGR) have been quietly creeping higher, notching an all-time high of $78.59 earlier today. What's more, PGR has seasonality on its side -- but not analysts -- and its near-term options are a bargain, even with earnings on the horizon. Below, we outline three reasons to like Progressive stock rig...Read More
"Frederick Private Equity Corporation Signs Agreement with African Metals Corporation to Fund & Accelerate Exploration on Peloton's Silver Bell - St. Lawrence Gold Project, Montana @pelotonminerals https://t.co/HvcP9Ktvw0"Read full newsRead More
Grayscale Investments, a subsidiary of Digital Currency Group, launched a provocative ad campaign on Wednesday, challenging investors' traditional beliefs around gold investing. Employing social-media hashtags like #DropGold, the campaign attempts to challenge the yellow metal's place in an investor's portfolio, championing bitcoin - the world's most famous cryptocurrency - as a superior alternati...Read More
Grayscale Investments, a subsidiary of Digital Currency Group, launched a provocative ad campaign on Wednesday, challenging investors' traditional beliefs around gold investing. Employing social-media hashtags like #DropGold, the campaign attempts to challenge the yellow metal's place in an investor's portfolio, championing bitcoin - the world's most famous cryptocurrency - as a superior alternati...Read More
A number of stocks are moving on FDA updates today, as wellStocks are mostly higher today thanks to strong corporate earnings and jobs data. Apple's (AAPL) big earnings beat is the main story, pushing the Dow Jones Industrial Average (DJI) to a solid lead at the halfway point. Meanwhile, ADP data revealed a sharp increase in private payrolls for April, a noteworthy update ahead of Friday's jobs re...Read More
Both Dow names sport attractively priced options, tooBlue-chip United Technologies Corporation (NYSE:UTX) is moving higher, earlier touching a fresh record high of $144.40. And with a historical bull signal now flashing, there's reason to believe UTX has even more room to run. Specifically, the stock's Schaeffer's Volatility Index (SVI) of 17% ranks in the 9th percentile of its annual range. Thi...Read More
St George Mining Ltd is in talks with a Chinese battery manufacturer that is interested in buying a stake in the Australian nickel producer, Executive Chairman John Prineas said on Wednesday.The interest from the Chinese company, which Prineas declined to identify, underscores the massive appetite for minerals used to make electric vehicle batteries. Nickel is a key ingredient used to make battery...Read More
One of the largest gold mining companies in the world has taken a shine to Chakana Copper (TSV: PERU) and its Soledad project in Peru. Gold Fields (NYSE: GFI) is spending C$8 million to buy 15.69 million Chakana shares at C$0.51 per share for a 16.14% stake in the junior.The proceeds will be used to advance exploration and development of the Soledad copper-gold-silver project, 260 km northwest of...Read More
One of the largest gold mining companies in the world has taken a shine to Chakana Copper (TSV: PERU) and its Soledad project in Peru. Gold Fields (NYSE: GFI) is spending C$8 million to buy 15.69 million Chakana shares at C$0.51 per share for a 16.14% stake in the junior.The proceeds will be used to advance exploration and development of the Soledad copper-gold-silver project, 260 km northwest of...Read More
One of the largest gold mining companies in the world has taken a shine to Chakana Copper (TSV: PERU) and its Soledad project in Peru. Gold Fields (NYSE: GFI) is spending C$8 million to buy 15.69 million Chakana shares at C$0.51 per share for a 16.14% stake in the junior.The proceeds will be used to advance exploration and development of the Soledad copper-gold-silver project, 260 km northwest of...Read More
AMD reported first-quarter profit and revenue beatsAdvanced Micro Devices, Inc. (NASDAQ:AMD) stock is higher this morning, after the chipmaker reported first-quarter adjusted earnings of 6 cents per share on $1.27 billion in revenue -- beating analysts estimates on strength in data center and server sales. Fresh off back-to-back monthly wins, AMD stock is up 2.7% to trade at $28.37.Bullish analyst...Read More
LL recently turned face in mid-MarchShares of flooring name Lumber Liquidators Holdings Inc (NYSE:LL) are up 5.2% at $13.91 this morning, after being handed no fewer than three bull notes right out of the gate. Loop Capital reiterated its "hold" rating on the stock, and lifted its price target to $11 from $10, citing modestly better-than expected results and potential long-term growth as its cata...Read More
The FDA declined to approve the drugmaker's new antibiotic The shares of Nabriva Therapeutics(NASDAQ:NBRV) are spiraling today, after the biopharmaceutical company's urinary tract infection (UTI) antibiotic drug, Contepo, was denied approval by the Food and Drug Administration (FDA). The FDA cited facility and manufacturing concerns for its decision. NRBV is down 16.6% at $2.49 today, set for its...Read More
We are analyzing the activity of HFT algorithms in the Fx market today and note that Gold (XAUUSD) has already reached and bounced at the light HFT buying pressure zone which is noted at 1279.86 and below. The Master MACD indicator shifted from bearish to neutral (red to gray) and the FxTR CCI turned bullish from previously bearish. The 1278.00 - 1280.00 area where Gold rebounded is also intraday...Read More
The S&P 500 eked out another record high close on Tuesday and capped its best fo...Read full newsRead More
Mexican President Andres Manuel Lopez Obrador pledged on Wednesday to recover the more than 60 remaining bodies of miners killed in a massive coal shaft explosion in 2006, a mission he described as a humanitarian promise made to victims' families.The announcement came on Mexico's Labor Day holiday, and Lopez Obrador said he did not expect the company that operated the mine to oppose him."This is a...Read More
BTG/USD technical are strongly positive in the short-term. It is only a matter of time before the price steps above $18.00 and correct to $20.00. BTG/USD is among the biggest single digit gainers on Wednesday. Intraday charts show a formidable 4% increase in value on the day. Moreover, Bitcoin Gold is trading above both the 50 Simple Moving Average (SMA) and the 100 SMA 2-hour. The reaction to t...Read More
Most analysts remain bullish on the drug stock, thoughNear the bottom of the Nasdaq morning sits Heron Therapeutics Inc (NASDAQ:HRTX), down 21% to trade at $17.44 this morning, and earlier fell to a new annual low of $16.20. The Food and Drug Administration (FDA) rejected the company's application for HTX-011, its postoperative non-opioid painkiller, requesting additional information from the com...Read More