Today on Stockhouse
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Look to warrants to outperform gold, mining stocks, says Lorimer Wilson.
Why I prefer silver stocks to gold: Part 1, from The Gold Report.
Bearish put buying activity spikes in health care stocks, notes Jud Pyle.
According to AllPennyStocks.com, new contracts bode well for a micro cap tech stock.
J.W. Cotton provides some stock picks and favourite penny shares.
For more articles on gold and silver, please visit the Stockhouse gold & silver feature supplement: https://www.stockhousefeatures.com/gold-and-silver/
Buzz on the Boards visited the Apollo Gold Corporation (TSX: T.APG, Stock Forum) and Underworld Resources (TSX: V.UW, Stock Forum) Bullboards.
Top Bullboards post : “As long as the market, company performance and momentum are working for you, I see no use in trying to play any short term swings as they are unpredictable and you risk getting off the boat to soon. Better to keep riding till you have a good reason to sell!!!!!!!! IMO[sic]” – From marpincan on the Zarlink Semiconductor (TSX: T.ZL, Stock Forum) Bullboard.
Top Bullboard: The Uranium One (TSX: T.UUU, Stock Forum) Bullboard has had the most posts and reads over the last seven days.
Top blog: On the Bottom Blog Friday, drox2000 mentioned a Stockhouse group on the White Gold area play.
For news about small stocks that made big moves in Friday trading, please read the Stockhouse Canadian Small and Micro-cap Stock Report.
Word on Wall Street
"Overall, the market has been doing an excellent job of building a short-term base near its rally highs. It was inspiring to see the S&P get above 950 and settle in to close above the January intra-day high of 944.28," Marc Pado, U.S. market strategist, Cantor Fitzgerald told MarketWatch.
| Selected expected U.S. earnings releases for Monday |
| (Consensus Estimates vs. Last Year) |
|
| Capstone Turbine Corporation (NASDAQ: CPST) |
Q4 |
-$0.06 vs. -$0.07 |
|
| Casella Waste Systems (NASDAQ: CWST) |
Q4 |
-$0.07 vs. -$0.18 |
|
| Comarco (NASDAQ: CMRO) |
Q1 |
-$0.41 vs. N/A |
|
| La-Z-Boy (NYSE: LZB) |
Q4 |
-$0.11 vs. $0.02 |
|
| Motorcar Parts of America (NASDAQ: MPAA) |
Q4 |
$0.12 vs. $0.22 |
|
Today In The Markets
Stocks close lower at end of lacklustre week; commodities lead losses
|
| DJIA |
8,799.26 |
+28.34 |
 |
|
| NASDAQ |
1,858.80 |
-3.57 |
 |
|
| S&P500 |
946.21 |
+1.32 |
|
|
| S&P/TSX |
10,644.96 |
-69.15 |
|
|
| S&P/TSX Venture |
1,154.81 |
+6.49 |
|
|
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TORONTO, NEW YORK (CP) - The Toronto stock market ended the Friday session lower, with commodity stocks taking the brunt of selling pressure.
The S&P/TSX composite index fell 69.15 points to 10,644.96. The energy sector led losses as the price of oil in New York came off a seven-month high to slip 64 cents to US$72.04.
New York markets were little changed at the end of a tepid week, failing to get a boost from data showing that U.S. consumer confidence continued to climb in June. The Dow Jones industrial average moved up 28.34 points to 8,799.26. The Nasdaq composite index declined 3.57 points to 1,858.8.
Please click here for the current U.S. and Canadian market summaries.
After-Hours News
Theratechnologies (TSX: T.TH)
After Friday’s close, the biopharmaceutical company reported that results from a pharmacokinetic/pharmacodynamic (PK/PD) evaluation of tesamorelin were presented as a poster at the Endocrine Society's 91st Annual Meeting in Washington D.C. Tesamorelin is an analogue of the growth hormone releasing factor evaluated for the treatment of excess abdominal fat in HIV patients with lipodystrophy. The results showed that tesamorelin's PK/PD profiles were generally similar in both groups and suggest that there is a minimal impact on tesamorelin's PK parameters and on the induction of the insulin-like growth factor (IGF-1) when tesamorelin is given to HIV-positive patients on antiretroviral therapy.