A free tool can help traders bank big this earnings season.We are in middle of Earnings season, which means the time to bank some big wins is now.Tech stocks (AAPL, FB and BIDU) just released Earnings few days ago, and you need to position yourself now in order to make maximum profit from it.One company can help any investor do just that.They've developed a tool that predicts volatility based on...Read More
Gold prices are holding steady above the 50-day and 100-day moving averages as well as critical support sitting at $1218. This support level is based upon the .618% Fibonacci retracement level from a large data beginning in December 2016 when gold prices bottomed at $1124 per oz., up to the multi-year high that occurred $1369 per oz.Today’s uptick in Gold took it to a 2-week high and current...Read More
Mr. Quinton Hennigh reportsNOVO FILES UPDATED BEATONS CREEK TECHNICAL REPORT Novo Resources Corp.has filed a technical report prepared pursuant to National Instrument 43-101 (Standards of Disclosure for Mineral Projects) related to its Oct. 10, 2018, news release announcing the updated resource estimate for its Beatons Creek gold project, Western Australia. The independent technical report, entitl...Read More
David LawderWASHINGTON (Reuters) - Twelve U.S. Republican Senators on Wednesday urged President Donald Trump to submit the deal to update the North American Free Trade Agreement to Congress for passage by year-end, before Democrats assume control of the House of Representatives.“We are concerned that if the administration waits until next year to send to Congress a draft implementing bill, p...Read More
Gabriela Baczynska, Elizabeth PiperBRUSSELS/LONDON (Reuters) - Prime Minister Theresa May said she would be returning to Brussels on Saturday to hammer out an outline of Britain’s future ties with the European Union after her meeting with the head of the bloc’s executive on Wednesday failed to bridge the gaps.May met European Commission head Jean-Claude Juncker for about an hour and a...Read More
TORONTO (Reuters) - Canada posted a budget surplus of C$1.21 billion in the first six months of the 2018-19 fiscal year compared with a C$6.18 billion deficit in the same period a year earlier, the finance ministry said on Wednesday.Revenues jumped by 8.8 percent in the April-September period, helped by a greater intake from taxes and employment insurance premiums. Program expenses were up 2.8 per...Read More
The SPDR Gold ETF (GLD) has seen a surge in assets over the last month, even though gold has been a poor performer among investment asset classes this year.Volatility in stocks, a weakening U.S. dollar and any consistent signs of inflation picking up in the US economy could send gold prices back above $1,300. Mike Schnitzel, special to CNBC.com Published 8 Hours AgoUpdated7 Hours AgoCNB...Read More
The SPDR Gold ETF (GLD) has seen a surge in assets over the last month, even though gold has been a poor performer among investment asset classes this year.Volatility in stocks, a weakening U.S. dollar and any consistent signs of inflation picking up in the US economy could send gold prices back above $1,300. Mike Schnitzel, special to CNBC.com Published 8 Hours AgoUpdated7 Hours AgoCNB...Read More
(Kitco News) - Next year will be a turnaround year for silver, with prices expected to rally to $17 per ounce by the end of 2019 on higher investor demand and an unexpected end to the U.S. monetary policy tightening, according to Capital Economics.“Looking ahead, we think that 2019 will mark a turnaround for the silver price,” Capital Economics senior commodities economist Ross Strach...Read More
The DJI was up more than 200 points at its session highThe Dow was up more than 200 points at its session high, but erased its lead to turn lower in last-minute trading. On the other hand, the S&P 500 ended higher after a sharp two-day sell-off, and a rebound in tech and a few FAANG stocks helped the Nasdaq outperform its peers. Energy stocks were mostly higher as oil prices bounced, and the batte...Read More
NEW YORK (Reuters) - World stock markets climbed on Wednesday, with earnings and gains in tech stocks lifting shares on Wall Street, and oil rebounded from a steep sell-off as U.S. government data pointed to strong demand.The recovery in U.S. tech and other momentum stocks boosted the benchmark S&P 500 stock index after it fell 3.5 percent over the previous two sessions. Shares of Amazon.com I...Read More
LONDON (Reuters) - Leaving the European Union without a transition deal would cost Britain tens of billions of pounds, and failure to support Prime Minister Theresa May’s preferred plan could jeopardized Brexit altogether, finance minister Philip Hammond said on Wednesday.“A smooth exit from the European Union, doing this in an orderly fashion, is worth tens of billions of pounds to ou...Read More
Getty ImagesScott Teel carries a "for sale" sign out of a garage in Moore, Okla. The numbers: Existing-home sales ran at a seasonally adjusted annual rate of 5.22 million in October, the National Association of Realtors said Wednesday. That was up 1.4% for the month, marking the first monthly increase in six months. What happened: Sales of previously owned homes finally perked up, beating the M...Read More
NEW YORK (Reuters) - A new normal is taking root in U.S. stock markets, and the word that best sums it up starts with a “V”.For the second time this year, volatility has returned with a vengeance, and traders in the equity options market are betting ongoing market gyrations are not about to let up any time soon.This year’s regular bouts of volatility mark a sharp departure from 2...Read More
PARIS (Reuters) - Emmanuel Macron’s popularity took a further hit in recent weeks, according to a poll on Sunday, as fuel tax protests rumbled on across France in the latest sign of discontent with the president’s economic reforms.Only 25 percent of those questioned in an Ifop poll between Nov. 9 and 17 said they were satisfied with Macron, down from 29 percent in October, according to...Read More
WASHINGTON (Reuters) - The United States is setting up “observation posts” along parts of the border between Turkey and Syria to help keep the focus on defeating Islamic State militants in Syria, Defense Secretary Jim Mattis said on Wednesday.The observation posts would not require additional U.S. troops being sent to Syria, Mattis told reporters. The Pentagon says it has about 2,000 t...Read More
NEW YORK (Reuters) - The dollar fell on Wednesday as risk appetite improved, bolstered by higher stocks and a stronger euro on hopes for a resolution of Italy’s budget.Wall Street shares recovered after a steep two-day sell-off, led by a rebound in Apple Inc (AAPL.O) and other major technology stocks. For two days, U.S. equity losses had bolstered safe-haven currencies such as the dollar, Ja...Read More
The brokerage firm initiated coverage with a "buy" ratingCanaccord Genuity initiated coverage on Dolphin Entertainment Inc (NASDAQ:DLPN) with a "buy" rating and $3 price target -- representing expected upside of nearly 119% to last night's close. The brokerage firm said the Florida-based public relations company is poised to take a "small piece of a big pie" in content marketing as streaming heavy...Read More
Consumer sentiment for November fell more than anticipated in the final reading of the month."Although the data recorded a decline of 2.8 Index points following the election, the drop was related more to income than political party," Richard Curtin, chief economist for The University of Michigan's survey, said in a statement.Michael Sheetz| @thesheetztweetzPublished 10 Hours AgoUpdated5 Hours AgoC...Read More
Both homebuilding stocks are runing into a bearish trendlineThe housing sector recently has been brutalized by weak economic data. As a result, it has put pressure on homebuilding names Toll Brothers Inc (NYSE:TOL) and Lennar Corporation (NYSE:LEN), both pulling back amid the broader market sell-off. And while the two stocks are trading higher today, the selling could be far from over, if history...Read More