The market look set for a higher open today, but will it be able to hold onto its gains or give them back the way it did yesterday?
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S&P 500 futures have gained 0.3%, while Dow Jones Industrial Average futures have advanced 0.2%. Nasdaq Composite futures have risen 0.2%.
Starbucks (SBUX) has dropped 2.1% to $$59.65 after Deutsche Bank cut its rating on the coffee purveyor to Hold from Buy.
ArcelorMittal (MT) has climbed 4% to $5.23 after getting upgraded to Buy from Neutral at Goldman Sachs. ArcelorMittal was also added to Goldman’s conviction list.
Marathon Oil (MRO) has gained 2.7% to $11.98 after the oil explorer agreed to sell some assets for $950 million.
Avon Products (AVP) has fallen 1% to $$4.80 after getting cut to Neutral from Overweight at Piper Jaffray.
Hot Gold Stocks To Buy Right Now: Golden Star Resources Ltd(GSS)
- [By Cameron Saucier]
Golden Star (NYSEMKT: GSS) is a gold mining and exploration company, and operates gold mines in Ghana, West Africa. GSS is up 396% YTD after it announced in July that it had begun pre-commercial production of gold in an underground mine in Ghana. GSS is trading at $0.825 per share on Monday intraday.
Hot Gold Stocks To Buy Right Now: NEW GOLD INC.(NGD)
- [By Dan Caplinger]
The stock market lost ground on Monday, sending major market benchmarks lower by more than half a percentage point. The Dow lost its grip on the 20,000 mark in the wake of concerns about economic growth and new U.S. immigration policy, and some believe that the broader geopolitical climate could have a negative impact on global commerce that in turn could start affecting multinational corporations’ business prospects. In addition, bad news from some individual companies weighed on the markets, and Transocean (NYSE:RIG), Rite Aid (NYSE:RAD), and New Gold (NYSEMKT:NGD) were among the worst performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so poorly.
Hot Gold Stocks To Buy Right Now: Pilot Gold Inc (PLGTF)
- [By SEEKINGALPHA.COM]
Wesdome Gold (OTC:WDOFF) is confirming the potential of its Kiena Deeps discovery with the latest batch of drill results from this venue. Itinerant Musings subscribers who joined us in this trade will be pleased. Treasury Metals (OTC:TSRMF) needs to find more underground ore to justify a construction decision of its Goliath gold project, and it’s doing just that as reported in the latest news release and explained in this article. NuLegacy Gold (OTCQX:NULGF) finally announced results from the twin hole of the Avocado discovery. A detailed discussion will be forthcoming for Itinerant Musings subscribers shortly. Pilot Gold (OTCPK:PLGTF) is making progress at its Goldstrike project in Utah. The latest set of results confirmed the Peg Leg and Covington targets as valid targets for further drilling. Arizona Mining (OTC:WLDVF) is countering controversy by releasing more drill results, and reporting the discovery of Taylor Deeps. The roller coaster continues.
Hot Gold Stocks To Buy Right Now: CME Group Inc.(CME)
- [By ]
Market Exchanges like the CME Group (Nasdaq: CME) have just started allowing trading in bitcoin futures and could attract an entirely new type of retail user as well as allowing institutional clients access to the bitcoin theme. Exchanges make their money on transactional volume, so a bursting of the bitcoin bubble wouldn’t necessarily mean weakness for shares.