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Strong Tape In Silver Wheaton (SLW, GLD, SLV)
Thursday, March 3, 2011 - 3:39pm | 133Silver Wheaton, and silver itself, probably should have gotten crushed today, but it didn't. With stocks rallying and oil and gold falling, one would expect a major washout in silver. While the price is lower, it is a bit surprising it is now down more. In fact, the SPDR Gold Trust ETF (NYSE: GLD)...
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Dahlman Rose Reiterates Buy Rating on Silver Standard Resources (SSRI)
Thursday, March 3, 2011 - 12:13pm | 117Dahlman Rose is out with a research report this afternoon, where it reiterates its Buy rating on Silver Standard Resources (NASDAQ: SSRI); it has a $69.78 price target on the stock. The DR analysts noted that Silver Standard has achieved significant operational improvement throughout 2010, adding...
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Mad Money Lightning Round: Cramer Likes Sourcefire (CMI, PAL, SPF, FIRE, OCLR, JDSU, KUB, CAT, CHTR, ACW, WAB, MDR)
Thursday, March 3, 2011 - 3:29am | 317On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Cummins (NYSE: CMI) has “been trading erratically, but the truck bull market lives and this one is going to $110." For North American Palladium (AMEX: PAL), he said, "I don't have a great knowledge about that business, but I...
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Market Trading Like a Tennis Match!
Wednesday, March 2, 2011 - 3:01pm | 894Cusick's Corner The tennis match continues into the Midday, with the bulls bouncing back from the lows. The market hit the lows on the ADP data which to me was very interesting, thought there could be a run to upside on the heels of a good number. Battle lines are being drawn, with the...
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CVS Caremark Announces Agreement With ActiveHealth Management
Wednesday, March 2, 2011 - 8:34am | 115ActiveHealth Management, an independent subsidiary of Aetna (NYSE: AET), and CVS Caremark (NYSE: CVS) today announced a three-year agreement designed to help further improve the health of CVS Caremark members. Under the agreement, CVS Caremark will apply the evidence-based, clinical intelligence...
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Options Brief: Endeavour Silver Corp. (EXK)
Tuesday, March 1, 2011 - 11:28am | 86Shares of Endeavour Silver Corp. (NYSE: EXK) are higher on the session by 6.36%, trading at $7.88. Overall call volume is now running at 2.76x the daily average, with 47% of all calls traded being purchases on the offer. 2,778 contracts have traded on the session so far. Endeavour Silver Corp. is...
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Jefferies Raises PT on Coeur d'Alene Mines To $42
Tuesday, March 1, 2011 - 7:09am | 27Jefferies has raised the price target on Coeur d'Alene Mines (NYSE: CDE) from $30 to $42 and maintains its Buy rating.
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Option Strategies to Consider When Implied Volatility Relatively Low 02-28-2011
Monday, February 28, 2011 - 6:57pm | 852Cusick's Corner The grind continues. If you are bullish and either raised cash from taking profits or just have some capital on the sidelines, what strategies could you consider? First take a look at implied volatility by going to the oX Volatility View and Chains. Overall market volatility is...
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Are There Any More Surprises? 02-28-2011
Monday, February 28, 2011 - 3:03pm | 879Cusick's Corner This market is no surprise, continuing to grind to the upside in the face of escalating tensions in the Mid-East. This situation gave some longs the out and a way to take short-term profits. But many did not abandon their upside resolve, as we saw last week, and increased options...
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Hecla Mining Dropping Nearly 6% (HL)
Monday, February 28, 2011 - 1:03pm | 59Hecla Mining Company (NYSE: HL) shares are dropping sharply, and are now negative on the session, down nearly 6%. At last check, shares of Hecla were off 62 cents to $10.17, a loss of 5.75%. Volume is heavy this afternoon, having traded more than 10 million shares. The average daily volume is...
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Options Brief: Coeur d'Alene Mines Corporation (CDE)
Monday, February 28, 2011 - 1:00pm | 100Shares of Coeur d'Alene Mines Corporation (NYSE: CDE) are higher on the session by 12.73%, trading at $31.17. Overall call volume is now running at 3.74x the daily average, with 73% of all calls traded being purchases on the offer. 12,933 contracts have traded on the session so far. Coeur d'Alene...
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Earnings Scheduled For February 28 (AES, EIX, AWI, EXM, CDE, LYV, IDIX, AFAM, AONE, RRC, BPHX, BID, DTSI, EPR)
Monday, February 28, 2011 - 1:40am | 373AES Corp (NYSE: AES) is expected to report its Q4 earnings at $0.25 per share on revenue of $3.80 billion. Edison International (NYSE: EIX) is projected to report its Q4 EPS at $0.60 on revenue of $4.20 billion. Armstrong World Industries Inc (NYSE: AWI) is estimated to post its Q4 EPS at $0.16...
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What's Moving the Silver and Oil Markets Right Now
Wednesday, February 23, 2011 - 6:03pm | 922Concern over a power struggle in Libya has sent precious metals soaring. Right now silver is trading at more than $33 an ounce. Investors tend to flock to precious metals like gold and silver in times of conflict, and unrest in the...
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What's Moving the Silver and Oil Markets Right Now
Wednesday, February 23, 2011 - 6:03pm | 922Concern over a power struggle in Libya has sent precious metals soaring. Right now silver is trading at more than $33 an ounce. Investors tend to flock to precious metals like gold and silver in times of conflict, and unrest in the...
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Gammon Gold Resolves Labor Issue at El Cubo mine
Wednesday, February 23, 2011 - 3:40pm | 71Gammon Gold Inc. (NYSE: GRS) announces today that the Company successfully resolved the labour disruption at its 100% owned El Cubo mine, located in Guanajuato State, Mexico. The Company has secured a more productive, standardized Collective Agreement that includes significant concessions and terms...