Most Recent

Best Gold Miner Stock To Buy Now, How to Trade the Crude Crash
finance.yahoo.com

See what gold stocks you need to buy for the next bull market, and how to trade the crash in Cruide Oil.

4
Like
Save
Seattle Genetics’ Breast Cancer Drug Approved Months Ahead of Schedule
finance.yahoo.com

Seattle Genetics (SGEN) has announced that its drug TUKYSA (tucatinib) has been approved by the FDA for metastatic HER2 positive breast cancer patients, including patients with brain metastases. This occurs when cancer cells spread from their original site to the brain.“The addition of TUKYSA to trastuzumab and capecitabine has the potential to become a standard of […]

9
Like
Save
Texas, Like OPEC, Can't Turn Back Time for Oil
finance.yahoo.com

(Bloomberg Opinion) — The Texas Railroad Commission has been petitioned to go back in time.The commission just held a marathon hearing on whether it ought to do something it hasn’t done in almost 50 years: organize curbs on the state's oil output. I say “organize” because cuts are happening anyway; there’s simply no choice when the Covid-19 crisis has wiped […]

3
Like
Save
Uranium Surges 31% Amid Shutdowns to Become Year’s Top Commodity
finance.yahoo.com

(Bloomberg) — ??????While most commodities are getting hammered by the coronavirus crisis, uranium prices are skyrocketing.The radioactive metal used in nuclear fuel has climbed 31% this year, making it the world’s best-performing major commodity. The gains have been spurred by mine shutdowns that have wiped out more than a third of annual global output at […]

6
Like
Save
Stocks Futures Trade Mixed, Oil Slides Below $15: Markets Wrap
finance.yahoo.com

(Bloomberg) — U.S. and European stock futures were mixed while the dollar strengthened on Monday as investors prepared for a dour earnings season, while keeping an eye on tentative signs that coronavirus infection rates are decelerating.Crude oil prices collapsed anew, with West Texas Intermediate crude plunging below $15 a barrel to the lowest level since […]

4
Like
Save
Gold Price Prediction – Prices Drop on Profit Taking
finance.yahoo.com

Gold prices moved lower as a round of profit-taking took prices of the yellow metal back to the open of the week. Gold volatility, as reflected by the Gold VIX moved lower on Friday and was down for the week, which generated the 5-consecutive lower week for gold volatility. Gold prices moved lower following two-second […]

4
Like
Save
‘Mountain of Cash’ Swells to $4.5 Trillion as Investors Rush to Safety
finance.yahoo.com

(Bloomberg) — Among all the major asset classes, cash is king right now.Weekly flow data from Bank of America Corp. and EPFR Global continue to show a clear investor preference for money-market funds. Assets under management in this category have swelled to $4.5 trillion following seven week of inflows that added $877 billion to the […]

10
Like
Save
Fortune Will Favor Miners with Nerves of Steel
finance.yahoo.com

(Bloomberg Opinion) — After years of buying at the peak of the economic cycle and selling in the trough, could the world’s big diggers do the reverse? Compared to peers in oil and gas, Rio Tinto Group and the largest diversified miners are riding out the coronavirus storm in sheltered positions: They have low operating costs, little debt […]

8
Like
Save
Buffett's Taking More Oxy Stock, So Maybe You Shouldn't
finance.yahoo.com

(Bloomberg Opinion) — If Warren Buffett’s getting long oil, that has to be bullish, right? Hold up, there, wildcatter.Despite the headline news of Berkshire Hathaway Inc. taking on another 17 million shares of Occidental Petroleum Corp., April 15 is not an auspicious day for the oil sector.The same day, the International Energy Agency published a monthly […]

7
Like
Save
Dalio Says Investors ‘Crazy’ to Hold Government Bonds Now
finance.yahoo.com

(Bloomberg) — Bridgewater Associates’ Ray Dalio, founder of of the world’s largest hedge fund, said investors would be “crazy” to hold government bonds now and possibly for years because of money-printing by central banks to rescue the global economy.“This period, like the 1930-45 period, is a period in which I think you’d be pretty crazy […]

2
Like
Save
This Stock Market Can Be Awfully Deceiving
finance.yahoo.com

(Bloomberg Opinion) — When the S&P 500 Index surged on Tuesday to its highest in five weeks, bringing its rally since bottoming on March 23 to 27%, the sense was that the market was signaling that the worst from the coronavirus pandemic would soon be over. On Wednesday, though, the benchmark took a hit, falling […]

5
Like
Save
U.S. Mint Plant Halts Gold Coin Output Just as Demand Is Surging
finance.yahoo.com

(Bloomberg) — The clamor for retail investors to get hold of precious-metals coins is about to get more urgent.The U.S. Mint said Wednesday it’s temporally halting production at its West Point facility in New York because of the risk to employees from the coronavirus. The site makes gold, silver, platinum and palladium coins which are […]

8
Like
Save
Gold Digs In Near Seven-Year High as IMF Warns, ETFs Swell Again
finance.yahoo.com

(Bloomberg) — Gold traded near the highest close in more than seven years, supported by predictions for the deepest global recession in generations; expectations for prolonged, debt-fueled intervention by central banks and governments; and another charge by investors into bullion-backed funds.Spot bullion held its ground after a four-day surge, with the International Monetary Fund twinning […]

3
Like
Save
Europe Stocks Slip With U.S. Futures; Dollar Gains: Markets Wrap
finance.yahoo.com

(Bloomberg) — Stocks in Europe edged lower while American equity-index futures retreated as investors scoured corporate earnings to gauge the impact of the coronavirus outbreak. The dollar ticked higher and Treasuries rose.The Stoxx Europe 600 index declined for the first time in five trading days. ASML Holding NV, a crucial supplier to Samsung Electronics Co., […]

4
Like
Save
Roku Shares Jump on Preliminary Q1 Earnings, Surge In New Subscribers
finance.yahoo.com

Streaming platform Roku (ROKU) has now updated its Q1:20 guidance, revealing that in late Q1 the “shelter at home” regulation resulted in an acceleration in account growth and an increase in viewing. Shares in ROKU rose 4.4% in Monday’s trading, while the S&P 500 dropped 1%.Specifically, Roku estimates Q1 Active Accounts at 39.8 million (up […]

5
Like
Save
Co-Diagnostics Inks Covid-19 Test Agreement, YTD Gain Over 1000%
finance.yahoo.com

Co-Diagnostics (CODX) has announced an agreement with Promega Corporation for additional manufacturing capacity for its Logix Smart Covid-19 test. The stock is currently trading up a whopping 1009% year-to-date at $9.93, with a 13% increase on April 13.Promega will provide manufacturing support for immediate production of large volumes of the company’s Covid-19 test kits to help […]

7
Like
Save
Gilead Sciences’ Remdesivir Could Be the Silver Bullet That Kills Coronavirus — But Can It Make Money?
finance.yahoo.com

Remdesivir, the Gilead Sciences (GILD) drug also known as "GS-5734," and originally developed as a treatment for Ebola, has been hailed as perhaps the best hope (currently under investigation) to help stop the spread of the SARS-CoV-2 coronavirus.Remdesivir is currently undergoing the fastest of fast-track authorizations to develop the drug and test its effectiveness against […]

10
Like
Save
Gold’s Powerful Rally Brings $1,800 Into View as Spreads Yawn
finance.yahoo.com

(Bloomberg) — Gold extended a rally to hit the highest level in more than seven years on concern that the coronavirus pandemic will have a devastating effect on the global economy, hammering corporate earnings while supercharging demand for havens.Bullion has soared as the outbreak tipped economies into recession and spurred central banks to launch huge […]

9
Like
Save
AI Trading System Using Fibonacci Theory Forecasts Future Gold, Silver & Stock prices – Part IV
finance.yahoo.com

We want to illustrate just how deep the current price move resonates against historical price norms.

6
Like
Save
'Fast Money' Traders Reveal What They're Going To Watch This Week
finance.yahoo.com

Guy Adami said on CNBC's "Fast Money" that he's watching gold as Newmont Corporation (NYSE: NEM) traded around 13.5% higher on Thursday. He's also interested in banks, especially JPMorgan Chase & Co. (NYSE: JPM), which is going to report earnings this week.Tim Seymour is looking for retail sales and China's import and export numbers. He […]

9
Like
Save
Stocks Start Week With Declines; Crude Oil Rises: Markets Wrap
finance.yahoo.com

(Bloomberg) — Global stocks began the week on the back foot as investors readied for the start of an earnings season marked by unprecedented uncertainty over the corporate impact of the coronavirus pandemic. Oil prices climbed after a historic deal to cut output.U.S. equity futures dropped, while stocks saw modest losses in Japan, South Korea […]

9
Like
Save