|Day Low/High||0.00 / 0.00|
|52 Wk Low/High||2.40 / 5.99|
We are using the rebound in gold prices from an eight-week low last week to add to the position.
We continue to view Yamana Gold more as a market hedge than a true investment.
We expect there will be the usual slicing and dicing of the Fed policy statement to get a sense if the Fed will boost rates at its meeting in June, or in the back half of this year.
Consumers are far less likely to splurge on a large purchase than they might otherwise be.
During a busy week of earnings and data, we exited 2 positions and initiated a small one.
May kicks off with a busy first week filled with earnings, monetary policy and a snapshot of the health of the economy.
We exited one position and downgraded another as earnings season heated up.
Gold prices look ready to break higher -- and these four miners are the strongest way to play the trend.
We added a new name to the portfolio as the market took a breather in a shortened trading week.
A study of analyst recommendations at the major brokerages shows that Yamana Gold Inc is the #32 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Global Mining Titans Index is comprised of the top fifty global leaders from the metals and mining sector.
Shares are down for Unilife, which doesn't meet our portfolio criteria.
We beat the benchmark Russell 2000 for the quarter, and we await a busy week on the economic front.
We are keeping an eye on rate-sensitive names for possible buying opportunities, as stocks fell around 1.5% this week.
We picked up more Abraxas Petroleum on weakness, while the market rebounded slightly after the FOMC announced the anticipated quarter-point rate hike.
We bulked up on Abraxas Petroleum and Yamana Gold on weakness, as the markets pulled back and investors positioned for next week’s FOMC meeting.
Gold stocks remain an important component in your investment portfolios. Here's guidance on where to buy gold stocks on weakness.
We booked some profits in Huntington Bancshares and Builders FirstSource, while markets digested the likelihood of a March rate hike.
Gold prices are likely to stabilize this year, creating a new foundation for higher prices.
We opened a new position in Abraxas Petroleum on its above-average growth potential, as stocks faced selling pressure this week.
Yamana Gold's stock rating was lowered at Bank of America/Merrilly Lynch.
Set to report tonight, AUY has already pre-announced solid production results for the fourth quarter.
We closed out our position in OraSure Technologies for an average gain of 105% gain.
We used some of the proceeds to boost our stake in Jive Software this week. In addition, we initiated a position in drug-delivery system developer, Antares Pharma.