Gold

Cusick's Corner Buck bounces after Bernanke's testimony and Oil pulls back from $100. This market is entering what I might refer to as the Bermuda Triangle -- moderate volatility, 50/50 short-term sentiment, Put/Call Ratio 1.074 (OEX). Front month volatility, as measured by VIX, is currently 20.31...

Cusick's Corner News out of the Middle East is flowing out, with overnight markets tossing and turning on each headline. I watched the futures trade quite erratically with each headline, but decided that this action was extremely choppy and not worth playing. This choppy action has continued and...

Stock on The Move: (VGZ) Breaking out New High ...

Jim Cramer said the oil stocks are getting hit today, which is a divergence from previous sessions, and you have to let it play out. Stocks like Exxon Mobil (NYSE: XOM) are getting hit today, which has been a divergence from previous sessions which oil rose. He said he is going to raise his price...

Shares of US Gold Corporation (NYSE: UXG) are higher on the session by 6.61%, currently trading at $7.74. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A...

Shares of Vista Gold Corp. (AMEX: VGZ) are higher on the session by 6.81%, currently trading at $3.45. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A...

By 11:00 am, the Dow Jones Industrial Average was down 17.37 points, or 0.14%, to 12,208.97, while the broader Standard & Poor's 500 index had dropped 3.27 points, or 0.25%. The NASDAQ composite index fell 7.05 points, or 0.25%. Some of the narrow based indexes that are still afloat in the...

Jefferies is out with its report today on Newmont Mining Corp. (NYSE: NEM), lowering its price target from $75 to $70. In a note to clients, Jefferies writes, "We believe that Newmont's scale, management, and global operations will support metal outperformance going forward. Our $70/share (down...

Goldman Sachs is out with its report today on Newmont Mining Corp. (NYSE: NEM), maintaining Buy. In a note to clients, Goldman Sachs writes, "Despite inflationary headwinds in FY2010, Newmont reported net income of $2.3Bn (a 76% increase), and $3.2Bn of operating cash flow. Adjusted net income rose...

Jefferies & Company has lowered the price target on Newmont Mining Corporation (NYSE: NEM) from $75 to $70 and maintains its Buy rating.

On CNBC's Fast Money, Karen Finerman said that Omnicare's (NYSE: OCR) conference call was pretty good, and she also said that she likes the new CEO. Omnicare, Inc. (OCR) gained 6.41% in the regular trading session, but it surrendered its gains in the after hours. Salix Pharmaceuticals, Ltd. (NASDAQ...

GOLDCORP INC. (NYSE: GG) announced today that its Board of Directors has authorized an increase in the annual dividend to $0.40 per common share, an increase of 11%. A dividend of $0.0333 per common share per month will be payable to shareholders of record as of March 17, 2011.

GOLDCORP INC. (NYSE: GG) today reported fourth quarter gold production of 689,600 ounces at a total cash cost of $164 per ounce, leading to record operating cash flows before working capital changes of $646.1 million. Reported net earnings in the quarter were $331.8 million compared to $66.7...

Tanzanian Royalty (NYSE: TRE) announce changes at the executive level. James E. Sinclair will now hold the positions of President and Chief Executive Officer while Joseph K. Kahama, the Company's current president, will assume the position of Chairman and Chief Operating Officer.

Already a trade for me this morning right out of the hatch, as New Gold (NGD) broke out of its ascending triangle a few minutes after the market opened. I'm never a fan of buying stocks right at the open, but when you do it, you have to be willing to expect a little extra volatility in your stock...