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Conagra Options Premiums Explode After Downgrade

November 14, 2018 / www.schaeffersresearch.com

Bernstein pegged "troubling" trends at Pinnacle FoodsBernstein downgraded Conagra Brands Inc (NYSE:CAG) to "underperform" from "market perform," saying growth in frozen entrees "seems to be running out of steam." The brokerage firm also cited "troubling" trends at Pinnacle Foods, which Conagra bought earlier this year. In reaction, CAG stock is down 6.8% at $32.72 -- earlier hitting a new annual l...Read More

JPMorgan Chase Trader Pleads Guilty to Gold Manipulation, Turns State's Evidence / Commodities / Market Manipulation

November 14, 2018 / www.marketoracle.co.uk

Goldand silver investors got a rare bit of good news on the enforcement front lastweek.Atrader from JPMorgan Chase pled guilty to rigging the preciousmetals futures markets.JohnEdmonds admitted to cheating the bank’s clients and plenty of other peoplenaive enough to expect fair treatment on the COMEX and other exchanges. Whilethis is by no means the first time a banker has been caught cheati...Read More

SNAP Stock Can't Shake Slump After Subpoenas

November 14, 2018 / www.schaeffersresearch.com

Snapchat's parent company is struggling after DOJ and SEC subpoenasSnap Inc (NYSE:SNAP) continues to struggle after its Oct. 26 all-time low of $5.77, and is headed for another day of losses. The stock is down 1.9% to trade at $6.58 at last check, with SNAP pacing for another close beneath resistance at its 20-day moving average. This comes after the Snapchat parent announced, late Tuesday, that...Read More

Downgraded Apple Drags Dow Into the Red

November 14, 2018 / www.schaeffersresearch.com

Oil, on the other hand, is headed for its first win in more than two weeksThe Dow Jones Industrial Average (DJI) was up more than 200 points earlier after this morning's latest inflation update. However, the blue-chip index has since swung into the red at midday, pressured by sharp losses for Apple (AAPL) following a fresh downgrade for the FAANG stock. The S&P 500 Index (SPX) and Nasdaq Composite...Read More

Critical Warning from Rogue Economist

November 14, 2018 / www.schaeffersresearch.com

Evidence of a looming financial crisis may be growing, according to Harry Dent.The man who warned of the 2001 tech crash, the 2008 subprime financial disaster and China's recent stock market decline - years before they happened - has issued a new earth-shattering statement:"The Dow is set to embark on a catastrophic plunge...all the way down to 6,000."Harry Dent recently explained: "Nations are...Read More

Kohl's Stock Could Catch a Lift Next Week

November 14, 2018 / www.schaeffersresearch.com

The stock tends to outperform the week of Black FridayKohl's Corporation (NYSE:KSS) stock is slightly lower today. However, the retail stock could rally to new heights in the short term, if recent history is any indicator. Specifically, KSS has been one of the best stocks to own during Thanksgiving week, looking back 10 years, and next week's earnings release could be the catalyst to send the equi...Read More

Become a Master of Moving Averages

November 14, 2018 / www.schaeffersresearch.com

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

MJP aluminium stocks down 1% in October vs September, Marubeni says

November 15, 2018 / www.metalbulletin.com

Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama slipped 1% month on month in October, according to the latest data from major Japanese trading house Marubeni Corp. The data, which was published on Wednesday November 14, also shows that total aluminium stocks at the three ports came to 317,300 tonnes at the end of last month.  On a y...Read More

Options Basics for Any Trader

November 14, 2018 / www.schaeffersresearch.com

This free e-book offers options basics for any trader.It's essential for every trader to occasionally take a step back, and consider their long-term trading goals.Some traders aretrying to fund a child's college education, augment their own retirement, or leave the daily 9-to-5 grind once and for all, while others are seeking a way to smooth out crazy market volatility and whipsaw swings in their...Read More

EUROPE HRC: Domestic prices slide in south on weak demand

November 15, 2018 / www.metalbulletin.com

Domestic prices for hot-rolled coil (HRC) are down over the past week in Southern Europe, sources told Fastmarkets on Wednesday November 14.The decrease was the result of slow trading and competitive import offers from Turkey, market participants said.Southern EuropeFastmarkets' domestic price assessment for HRC in Southern Europe was ?,?480-525 ($540-591) per tonne ex-works on November 14, down f...Read More

Analysts Slash Expectations on Kellogg Stock

November 14, 2018 / www.schaeffersresearch.com

Kellogg updated investors on its turnaround plans yesterdayCereal maker Kellogg Company (NYSE:K) is moving lower in early trading, as analysts react to the company's underwhelming plans for aturnaround, which were announced yesterday at its investor conference. Among the specifics, Kellogg is selling its Keebler bakery brands and cookie business, and said it'll continue to be active in M&A. In re...Read More

Yet Another Analyst Cuts Apple's iPhone Estimates

November 14, 2018 / www.schaeffersresearch.com

AAPL is lower after Guggenheim downgraded the FAANG stockThe shares of Apple Inc. (NASDAQ:AAPL) initially ticked higher out of the gate on broad-market tailwinds, but was last seen down 0.4% to trade at $191.45. The FAANG stock was downgraded to "neutral" from "buy" at Guggenheim, which also removed its $245 price target on the equity. This is the second brokerage firm in as many days to predict...Read More

Gold Seeker Closing Report: Gold and Silver Jump 1%

November 14, 2018 / news.goldseek.com

 CloseGain/LossGold $1211.90+$10.20Silver$14.15+$0.16XAU63.53+2.74%HUI143.45+3.61%GDM522.86+1.78%JSE Gold1080.74-2.00USD96.92-0.27Euro113.20+0.31Yen88.15+0.29Oil$56.25+$0.5610-Year3.122%-0.018T-Bond138.96875+0.375Dow25080.50-0.81%Nasdaq7136.39-0.90%S&P2701.58-0.76%  The Metals: Gold traded mostly higher in Asia before it dropped back to $1197.80 in London, but it then shot...Read More

EUROPE WIRE ROD: Market starts to rise as import quota becomes a factor

November 15, 2018 / www.metalbulletin.com

European prices for mesh-quality wire rod rose across the Northern and Southern parts of the continent on Wednesday November 14, with the volume available in the EU's import quota continuing to go down.Fastmarkets' weekly domestic price assessments for mesh-quality wire rod in both Southern and Northern Europe narrowed upward to ?,?540-560 ($608-630) per tonne delivered on Wednesday, from ?,?535-5...Read More

Gold Seeker Closing Report: Gold and Silver Jump 1%

November 14, 2018 / news.goldseek.com

 CloseGain/LossGold $1211.90+$10.20Silver$14.15+$0.16XAU63.53+2.74%HUI143.45+3.61%GDM522.86+1.78%JSE Gold1080.74-2.00USD96.92-0.27Euro113.20+0.31Yen88.15+0.29Oil$56.25+$0.5610-Year3.122%-0.018T-Bond138.96875+0.375Dow25080.50-0.81%Nasdaq7136.39-0.90%S&P2701.58-0.76%  The Metals: Gold traded mostly higher in Asia before it dropped back to $1197.80 in London, but it then shot...Read More

2 Retail Stocks Red-Hot After Earnings

November 14, 2018 / www.schaeffersresearch.com

Both retailers raised their full-year forecasts ahead of the holiday seasonMacy's Inc (NYSE:M) reported stronger-than-expected adjusted third-quarter earnings of 27 cents per share on in-line revenue of $5.4 billion. Macy's also said same-store sales grew at a faster-than-anticipated 3.3%, and the department store chain boosted its full-year profit forecast ahead of the holiday season.In reaction,...Read More

Gold jumps above $1210 amid Brexit developments

November 14, 2018 / www.fxstreet.com

Yellow metal soars and gains almost 1% in a few minutes.  Lowe US yields favored gold as UK Cabinet meeting brings no certainty.  Gold has risen $10 during the last 60 minutes on the back of Brexit headlines. Uncertainty about the future of UK PM May pushed the Pound to the downside and added support for gold.  The metal moved all day in a small range around $1200 and recently bro...Read More

Ira Epstein's Metals Video 11 14 2018

November 14, 2018 / news.goldseek.com

By Ira EpsteinGold responds to crude oil being lost by day's end. Is there another leg down in oil coming?https://www.iraepstein.com/ Read More

Another Gold Spec Short Squeeze Pending

November 14, 2018 / news.goldseek.com

By Craig HemkeIt may not be enough to reverse the momentum or flip the downtrend, but another Spec short squeeze is coming. Of that, you can be certain. And how do we know this? Because the COMEX is a rigged casino! The market-making Banks have monopolistic control of the proceedings, and this grants them almost unlimited power to rig results in their favor. To the point, Speculators (primarily...Read More

Golden Arrow Chairman's Update

November 14, 2018 / news.goldseek.com

Vancouver, BC / Newswire / November 14, 2018 / Golden Arrow Resources Corporation (TSX-V: GRG, FSE: G6A, OTCQB: GARWF), "Golden Arrow" or the "Company".I would like to update our investors, that Golden Arrow is currently on track to deliver exceptional growth in value for our shareholders. Despite the current softness in the mining markets, our Company has been busy executing on a strategy that...Read More

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