10.27Open10.27Pre Close0 Volume20 Open Interest37.00Strike Price0.00Turnover0.00%IV-0.90%PremiumJul 26, 2024Expiry Date10.70Intrinsic Value100Multiplier1DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type--Delta--Gamma4.59Leverage Ratio--Theta--Rho--Eff Leverage--Vega
Newmont Stock Discussion
Gold miners are starting its Q2 reporting with NEM first to report after market close today. AEM will report next Wednesday and followed by others in AUG. I think gold miners will have very strong upside on revenue, EPS and healthy cash flow due to recent higher avarage gold price between Q2 and Q1.
Market money rotation ou...
The US House and Senate are back in session this week following a recess and will open up investigations into Trump's assassination attempt. This is while Biden has bowed out of the US election, and Israeli PM Benjamin Netanyahu is due to attend a joint session with the US Co...
NEM will report its Q2 earnings Wednesday July 24th. In Q1 of 2024, gold prices averaged around 2,050 per oz. In Q2, gold prices averaged even higher at around 2,350 per oz. This is $300 additinal dollar of profits that goes into the company’s bottom line for every oz of gold mined. Costs remained flat QoQ. I expect we shall see another blow off top earning report from NEM in its earning per share and cash flow...
to me Gold may cross 3000 usd per ounce in few years time, so the miners will benefit a lot from this upmove. lets stay long on this to reap he benefits.
FYI - i have a long position in this.
Bets have never been higher for the Fed to cut rates. Now the market is expecting three Fed cuts this year, taking rates down to 4.7%. This bodes well for small caps, tech stocks, gold, and gold stocks, and the Aussie share market, to set higher levels. The Fed's Jerome Powell affirmed this overnight, that inflation is heading toward the Fed's 2% goal, possibly paving the way for a ne...
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