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Market News Report: February 24, 2020 - February 28, 2020

The financial markets have been fluctuating for most of the last week. Then on Friday we got worse-than-expected PMI numbers release, and corona virus fears reappeared ahead of the weekend. So markets went risk-off again. This week we will have some important economic data rel...
Paul Rejczak | February 24, 2020 |

Important Economic News Calendar: November 25 – November 29, 2019

The global financial markets barely moved last week as economic data releases didn’t bring any meaningful surprises. So will the Thanksgiving holiday week bring volatility to the financial markets? Actually, we may see some market movements in the first half of...
Paul Rejczak | November 26, 2019 |

Market News Report: December 30, 2019 – January 3, 2020

It was not surprising that the last week was pretty quiet on the financial markets. We saw a positive trading action again as stocks, oil continued their uptrend. Will the coming week bring some interesting news events? Let’s take a look at the details. The ...
Paul Rejczak | December 31, 2019 |

Important Economic News Calendar: October 28 – November 1, 2019

Brace for a very busy week on the financial markets! The Fed will decide about the U.S. monetary policy and the Bureau of Labor Statistics will release its usually important monthly figures. Will quarterly corporate earnings push stock prices to new record highs? Let&Clos...
Paul Rejczak | October 28, 2019 |

Daily Gold News: Friday, May 29 – Gold at Yesterday’s High

The gold futures contract gained 0.09% on Thursday, as it extended its consolidation following bouncing off $1,700 support level on Wednesday. Gold has been trading within a downward correction after reaching new monthly high of $1,775.80 on Monday almost two weeks ago. ...
Paul Rejczak | May 29, 2020 |

Airline stocks flying high heading into 2010

With the bulk of the holiday season over, many people are packing their bags, boarding planes, and heading home after visiting distant relatives. For its part, the airline sector put in a strong performance last year, with the AMEX Airline Index ( AMEX: XAL , Stock Forum ...
Joseph Hargett | October 28, 2012 |

Exicure's Collaboration with Allergan on Treating Hair Loss Disorders Sends Shares Higher

Shares of Exicure Inc. opened 30% higher today after the firm reported that it entered into a collaboration agreement with Allergan to discover and develop SNA-based treatments for hair loss disorders. The terms of the deal provide for a $25 million upfront payment to Exicure ...
Streetwise Reports | November 15, 2019 |

This Economic Indicator Is Proving the Naysayers Wrong

\ Flying in the face of negative economic news, U.S. factories picked up steam for the third straight month in November. The preliminary manufacturing purchasing manager’s index (PMI), a leading indicator we closely track here at U.S. Global Investors, p...
Frank Holmes | November 25, 2019 |

Monthly Breadth: Dark Clouds Or A Ray Of Hope?

MONTHLY BREADTH - MARCH 2000 Last week’s post looked at a weekly volume-based breadth indicator. With June in the history books, it is a good time to review the message from monthly breadth charts. As shown below, the monthly NYSE Advance-Decline Line peaked in 1998 and thu...
Chris Ciovacco | July 3, 2019 |

Market News Report: January 27, 2020 – January 31, 2020

Not that much happened on the financial markets last week. Stocks extended their uptrend while the price of gold went sideways. Everyone seemed to be waiting for this week’s Wednesday’s FOMC Statement release. But there will be more interesting ...
Paul Rejczak | January 27, 2020 |
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