Gold futures posted their first climb in four sessions on Wednesday, buoyed by a weaker dollar in the wake of midterm elections that will leave the U.S. with a divided Congress. "I view the results as supportive of a lower dollar and higher gold prices because the only thing that comes out of a gridlocked Congress is higher spending," Brien Lundin, editor of Gold Newsletter, told MarketWatch. "T...Read More
PLNT shares are making a double-digit percentage move Planet Fitness Inc (NYSE:PLNT) is trading up 17.1% at $55.63 after the company's third-quarter earnings and revenue beat, on top of a better-than-expected full-year outlook. Revenue for the period jumped 40% year-over-year, and the impressive results have earned the stock a round of bullish analyst attention. For example, at least three price-t...Read More
How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More
Cowen is expecting a strong holiday season for TGTTarget Corporation (NYSE:TGT) is up 0.9% today $86.32, following an upgrade to "outperform" from "market perform" at Cowen, which also boosted its price target to $100 from $90. The brokerage firm likes Target's new digital strategy, and is bullish on the company's potential holiday sales. Taking a broader view, most other analysts remain skeptical...Read More
(Kitco News) - Gold and silver prices are slightly higher, but well down from earlier daily highs, in early-afternoon U.S. trading Wednesday. The metals were lifted by a drop in the U.S. dollar index today. December gold futures were last up $2.40 an ounce at $1,228.70. December Comex silver was last up $0.08 at $14.58 an ounce.Tuesday’s U.S. mid-term elections turned out as many had expecte...Read More
Could this be 9 times more valuable than Google, Facebook, and Amazon combined?It's a gadget you could conceal in the palm of your hand. A gadget that could easily pass through airport security. A gadget that could be mass produced quickly.And a gadget that holds the technology set to blow the lid off a breakthrough $15 trillion tech revolution...Of course, this gadget could stand to make a lot of...Read More
OTTAWA (Reuters) - Canada has no particular concerns over the fate of a new continental trade deal after U.S. elections that gave Democrats control of the House of Representatives, a senior official said on Wednesday.Some U.S. commentators are already predicting the U.S.-Mexico-Canada (USMCA) pact - agreed in late September - could face problems when the new House convenes in January, given skepti...Read More
WASHINGTON (Reuters) - “Expand the battlefield.”The Democrats’ mantra for seizing control of the U.S. House of Representatives took shape within weeks of President Donald Trump’s stunning 2016 White House victory.Democratic strategists wanted to go beyond the traditional strategy of flipping Republican seats in swing districts. Now, they would also compete in more conservat...Read More
(Reuters) - U.S. stocks rose strongly on Wednesday as investors piled into technology and healthcare sectors after midterm elections led to a divided Congress as expected and fueled bets that tighter regulations would be harder to push through.Democrats won control of the House of Representatives on Tuesday, while President Donald Trump’s Republicans expanded their majority in the Senate, po...Read More
(Reuters) - Grocery delivery startup Instacart said on Wednesday it is launching a new service, Instacart Pickup, across the United States, which allows customers to order groceries and choose either delivery or store pickup options.The nation-wide rollout of the pickup service, which follows a pilot project, will be offered through nearly 200 stores spread over several states, which include Atlan...Read More
CarMax stock has historically done well during the holiday seasonKeeping specialty retail stocks in focus ahead of the holiday season, today we will switch gears from the 25 worst retailers to eye before Black Friday, to the top 25 retailers to own, if history is any indicator. Specifically, used vehicle retailer CarMax, Inc (NYSE:KMX) has historically been a smart choice for bulls during the sho...Read More
Utah and Missouri approved medical marijuana measures, tooPot stocks are surging today, after Michigan on Tuesday voted to legalize recreational marijuana -- becoming the 10th U.S. state to do so -- while voters in Utah and Missouri approved measures giving access to medical marijuana in both states. Among those trading higher today are GW Pharmaceuticals PLC (NASDAQ:GWPH), New Age Beverages Corp...Read More
WASHINGTON (Reuters) - Citibank (C.N) will pay more than $38 million to the U.S. Securities and Exchange Commission (SEC) for abuse in handling American Depositary Receipts (ADRS), the regulator said in a statement on Wednesday.The SEC found that Citibank falsely provided U.S. securities that represent foreign shares, or ADRs, to brokers in thousands of premature transactions. Those brokers and cu...Read More
CARACAS (Reuters) - Venezuela’s consumer prices rose 833,997 percent in the twelve months through October, according to a report by the opposition-controlled Congress published on Wednesday, the latest sign that policy changes in August failed to halt rampant hyperinflation.Monthly inflation decelerated to 148 percent from 233 percent in September, the data showed, but left the OPEC nation o...Read More
Resource and expansion drilling at the Kutcho copper-zinc project in B.C. has extended mineralization down dip of its Main deposit, reports Kutcho Copper Corp. (TSXV: KC; US-OTC: KCCFF).Mineralization was extended 50 metres down dip from previous drilling and beyond the project's existing resource model in drill hole KC18-280, which returned a 5.4 metre intercept from 193 metres down hole grading...Read More
WASHINGTON (Reuters) - President Donald Trump on Wednesday portrayed the midterm election results as “an incredible day” for his Republicans despite a Democratic takeover of the U.S. House of Representatives that will lead to greater restraints on his administration.At a White House news conference, Trump argued that Republicans beat historical odds in Tuesday’s elections, saying...Read More
WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday said he hopes he can work with Congress to get enough money to build his long-promised border wall but that he would not necessarily force a government shutdown over the issue.“We need the money to build the wall, the whole wall, not pieces of it,” Trump told reporters at a news conference at the White House following Tues...Read More
Mr. Paul Reynolds reportsTRIUMPH GOLD REPORTS RESULTS FROM DRILLING OF THE NUCLEUS AU-AG-CU DEPOSIT, FREEGOLD MOUNTAIN PROPERTY, YUKON TERRITORYTriumph Gold Corp.has releasedthe results from 4,159 metres of diamond drilling, in 21 holes, conducted in the Nucleus gold-silver-copper deposit area. Highlights of the 2018 Nucleus drill program include: Four high-grade gold intersections:19.8 grams per...Read More
WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday praised Interior Secretary Ryan Zinke, who has come under scrutiny for his use of a security detail, chartered flights and a real estate deal, but seemed to leave open the possibility of replacing him.“We’re looking at that, and I do want to study whatever is being said. I think he’s doing an excellent job but we wil...Read More
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