Today on Stockhouse
Your opinion matters. Submit an article to Stockhouse today at submissions@stockhouse.com. Submission guidelines can be found here.
Thom Calandra writes about what he considers to be a must buy gold junior.
While David Fessler of Money Morning outlines what he believes is the real story behind solar energy in 2010.
Top Bullboards post: “People are underestimating the proximity to a big city of this deposit. Other REE ore bodies including ones here in Canada (NWT) are so remote it would cost billions in infrastructure to open a mine. That’s why this is so value. And China currently dominates he market!” From GreenShark on the Stans Energy (TSX: V.RUU, Stock Forum) board.
Top Bullboard:Century Mining (TSX: V.CMM, Stock Forum) received the second-most reads, while Noveko International (TSX: T.EKO, Stock Forum) gathered the second-most posts.
Top blog:caldernet filed the final legal insider trading report for 2009 in the $100,001 Goal blog.
Word on Wall Street
"Some of the stronger hedge funds have put the day trading off to the side and have lightened up on their core positions," said Jesse Cole, head of trading at Merlin Securities, in an interview with MarketWatch. "Until they see an opportunity that's really palatable for them, they're not just going to jump in."
| Selected expected U.S. earnings releases for Monday |
| (Consensus Estimates vs. Last Year) |
|
| Mosaic Co. (NYSE: MOS) |
Q2 |
$0.35 vs. $1.12 |
|
|
|
Today In The Markets
TSX ends 2009 trading higher, surging 31 per cent for the year; N.Y closes lower
|
| DJIA |
10,428.05 |
-120.46 |
 |
|
| NASDAQ |
2,269.15 |
-22.13 |
|
|
| S&P500 |
1,115.10 |
-11.32 |
|
|
| S&P/TSX |
11,746.11 |
+28.65 |
 |
|
| S&P/TSX Venture |
1,520.72 |
+27.83 |
|
|
TORONTO, NEW YORK (CP) - The Toronto stock market climbed modestly as the TSX wound up 2009 trading with one of its biggest annual gains in more than a quarter century.
The S&P/TSX composite index rose 28.65 points to 11,746.11. The TSX is up about 31 per cent for 2009 - its best one-year gain since 1983.
New York markets closed lower, with the Dow Jones industrial average down 120.46 points to 10,428.05. The Nasdaq composite index stepped back 22.13 points to 2,269.15 while the S&P 500 index slipped 11.32 points to 1,115.1.
Please click here for the complete U.S. and Canadian market summaries.
|