Australian rare earths miner Lynas Corp (ASX: LYC) plans a short-term production shut down in December at its Lynas Advanced Materials Plant (LAMP) in Malaysia, once its annual production quota is met ahead of time at the end of November, Roskill reported today.Reaching the annual production limit is due to the Lynas NEXT program, which increased neodymium and praseodymium (NdPr) production from 5...Read More
Getty ImagesAmericans are gearing up to spend this holiday season. Rising incomes and a strong jobs market have lifted consumer confidence to the highest level in almost two decades. The numbers: Americans in October matched their biggest increase in spending this year just as the holiday shopping season kicked off, offering the first clue that the economy might end 2018 with a flourish. Just as...Read More
"1933 (@1933Industries) (#CSE: $TGIF // #OTCQB: $TGIFF) - Q4 and Year-End Financial Results (record revenues of $12.6MM for the year)[https://t.co/x9rmJMsaXk]#POTstocks #investing #stocks #stockmarket #trading #investors #news #business #investments #cannabis #cannabisdaily"Read full newsRead More
Gold prices notched a modest gain on Thursday as a leading dollar index steadied and benchmark U.S. stock indexes saw a pullback a day after the Dow Jones Industrial Average scored its best performance in eight months. Gold for February deliveryGCG9, -0.21% which is the most-active contract, added 60 cents, or 0.05%, to settle at $1,230.40 an ounce. It settled 0.8% higher on Wednesday, then climbe...Read More
Across much of the Northeast, Midwest, and Plains, it has been one of the coldest and snowiest starts to the winter season on record. Read full newsRead More
Gold rallied as the dollar and yields both sold off yesterday on the back of the surprisingly less hawkish comments from the Federal Reserve Chairman. The metal has started today’s session slowly, as there hasn’t yet been a significant follow-through in the dollar’s selling. Clearly some speculators are holding fire until the G20 summit is out of the way. However, we think that t...Read More
"CROP Farm Signs California Processing and Retail Distribution Deals -- $CROP @CROP_CSE #Cannabis #California #CRXPF #CropCorp #CSE #BNN #MarijuanaStocks #Potstocks #hemp #CBD #smallcap #momentumstocks --Read the News Release here: https://t.co/8jJjw9KVBE"Read full newsRead More
Fed Chair Jerome Powell will speak in front of Congress The first week of a December -- a historically bullish month for stocks -- will be a busy one. There will be a Fed speaker every day except Friday, at which point the critical nonfarm payrolls report will take center stage. Of those speakers, Fed Chair Jerome Powell will garner the most attention, with the central banker addressing Congress....Read More
Gold & Silver Spot Gold first support at 1222/21 in the sideways trend is now holding again but below here targets 1216/15 & 1211/10. Look for a buying opportunity at 1208/06, with stops below 1203.Holding first support at 1220/22 targets 1228/29. Above 1230 look for 1232/33 & strong resistance at 1236/38. Shorts need stops above 1243. Silver again meets strong resistance at 1448/50 &a...Read More
The number of Americans filing applications for jobless benefits increased to a six-month high last week.The data could raise concerns that the labor market may be slowing.Initial claims for state unemployment benefits rose 10,000 to 234,000 for the week ended Nov. 24.It was the highest level of claims since the mid-May, the Labor Department said.Published 11 Hours AgoUpdated10 Hours AgoReuters sh...Read More
TJX put buying has picked up recentlyRetail stock TJX Companies Inc (NYSE:TJX) has pulled back dramatically in recent weeks, falling from around $56 to its current perch at $46.93, partly due to a negative earnings reaction last week. In fact, the stock is down more than 14% in November, pacing for its worst month in 10 years. However, brokerage firm Argus sees the pullback as a buying opportunity...Read More
"We need to reduce but would not want to reduce by much."Read full newsRead More
"Great Bear Reports Continuity of Gold from Surface to 365 m Depth in Dixie Limb Zone, Dixie Project, Red Lake District @GreatBearGBR https://t.co/ay7WsfSWro"Read full newsRead More
"Billions of Dollars are pouring into the coffers of the U.S.A. because of the Tariffs being charged to China, and there is a long way to go. If companies don't want to pay Tariffs, build in the U.S.A. Otherwise, lets just make our Country richer than ever before!"Read full newsRead More
• Powell’s overnight dovish comments helped stage a goodish recovery. • Declining US bond yields offset positive equities/a modest USD bounce. • The FOMC Nov. meeting minutes to provide a fresh directional impetus. Gold edged higher for the second consecutive session on Thursday and is currently placed at the top end of it...Read More
The retail stock has run into a bearish trendlineThe shares of Macy's Inc (NYSE:M) are just two weeks removed from a post-earnings bear gap. What's more, the retail stock, heading into the all-important holiday season, just flashed a bearish signal that could lead to more short-term struggles, if history is any guide.At last check, Macy's stock was down 2.5% to trade at $33.40. The shares arewit...Read More
White House advisor Peter Navarro could join Trump and XiThe Dow Jones Industrial Average (DJI) is down at midday, as stocks react to news White House advisor Peter Navarro will attend a dinner between U.S. President Donald Trump and China President Xi Jinping at this weekend's G-20 summit. This is offsetting big gains for Boeing (BA) and McDonald's (MCD), which are the two best Dow stocks on the...Read More
Rio Tinto, (ASX, LON, NYSE:RIO) the world's second largest miner, is set to develop its most technologically advanced mine following the full approval of a $2.6 billion investment in the Koodaideri iron ore mine in Western Australia.The company stated Koodaideri will deliver a new production hub for Rio Tinto's world-class iron ore business in the Pilbara, incorporating a processing plant and infr...Read More
The stock has dropped more than 40% since its May highsAt last check, Micron Technology, Inc. (NASDAQ:MU) was down 1.6% to trade at $38.08, even afterthe company's CEO yesterday said fiscal first-quarter earnings would come in at the high end of guidance. He added that Micronis working to assuage the big impact of the U.S.-China trade war and tariffs on gross margins. MU stock has been through the...Read More
A bulk sampling and test mining exercise at Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) Phoenix gold project has yielded positive reconciliation results that validate the 2018 mineral resource estimate as well as the new geological model and structural interpretation of the F2 deposit, the company says.Over the summer and fall, Rubicon extracted material from three test stopes in the upper areas...Read More