Today on Stockhouse
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Martin Hutchinson looks at four ways to profit from resurgent commodities prices.
Gold results generates excitement for this junior, says Peter Szafranski of AllPennyStocks.com.
It’s the moment of truth for Treasuries, notes Mike Paulenoff.
J.W. Cotton’s speculative stock picks include a Canadian miner.
Buzz on the Boards visited the Aura Silver Resources (TSX: V.AUU, Stock Forum) and Western Canadian Coal Corp. (TSX: T.WTN, Stock Forum) Bullboards.
Top Bullboards post: “Seems to be a lull in the junior gold sector, at least as far as my holdings and the others I watch, in my opinion, this is just the calm before the storm depending of course on where gold makes its next move. A fall in the POG will be a negative influence, whereas a decent move up in the POG will of course translate to much higher prices across the board” – From TIM9LIVES on the Underworld Resources (TSX: V.UW, Stock Forum) Bullboard.
Top Bullboard: The top board this week in terms of posts belonged to Premium Exploration (TSX: T.PEM, Stock Forum), while the Horizons BetaPro NYMEX Natural Gas Bull Plus ETF (TSX: T.HNU, Stock Forum) Bullboard had the most reads.
Top blog: RedMars provided some insider trade summaries for the TSX Venture Exchange on the Notes From a Cyber Trader blog.
Word on Wall Street
"The consumer is not as enthusiastically anticipating a recovery as the market has been," Stephen Lieber, chief investment officer at Alpine Woods Investments told the Associated Press.
| Selected expected U.S. earnings releases for Monday |
| (Consensus Estimates vs. Last Year) |
|
| Agilent Technologies (NYSE: A) |
Q3 |
$0.11 vs. $0.53 |
|
| LiveDeal (NASDAQ: LIVE) |
Q3 |
-$0.21 vs. $0.05 |
|
| Lowe’s Companies (NYSE: LOW) |
Q2 |
$0.54 vs. $0.64 |
|
| Nexxus Lighting (NASDAQ: NEXS) |
Q2 |
-$0.13 vs. -$0.18 |
|
| Trina Solar (NYSE: TSL) |
Q2 |
$0.32 vs. $0.68 |
|
| Valspar (NYSE: VAL) |
Q3 |
$0.53 vs. $0.50 |
|
Today In The Markets
TSX finishes up, N.Y. markets move lower following disappointing consumer data
|
| DJIA |
9,321.40 |
-76.79 |
 |
|
| NASDAQ |
1,985.52 |
-23.83 |
|
|
| S&P500 |
1,004.09 |
-8.64 |
|
|
| S&P/TSX |
10,848.01 |
+22.45 |
 |
|
| S&P/TSX Venture |
1,193.42 |
-7.08 |
|
|
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TORONTO, NEW YORK (CP) - The Toronto stock market closed slightly higher Friday - but lost ground on the week - following a second glum dose of U.S. economic data that raised doubt about how much the American consumer can participate in the recovery.
The late-day recovery left the TSX down 37.32 points or 0.5 per cent on the week following four straight weeks of gains on optimism that an economic recovery will be in place by the end of the year. The TSX Venture Exchange slipped 7.08 points to 1,193.42.
New York markets also finished well off the lows of the session as the Dow Jones industrial average moved down 76.79 points to 9,321.4, for a loss of 48.67 points or 0.5 per cent. The Nasdaq composite index was down 23.83 points to 1,985.52 and the S&P 500 index dropped 8.64 points to 1,004.09.
Please click here for the complete U.S. and Canadian market summaries.
After-Hours News
Phoenix Coal (TSX: T.PHC)
After Friday’s close, the junior miner said it has entered into a definitive agreement to sell its ongoing surface mining business and reserves primarily in Muhlenberg County, Kentucky, to a privately-owned, Ohio-based coal producer for US$30 million.