Stockhouse @ the Bell: U.S. stocks finish lower after another volatile session

Today on Stockhouse

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Thom Calandra writes about Colombia’s rising gold output and four juniors that could prosper in his subscribers-only Ticker Trax.

Porter Stansberry of DailyWealth, meanwhile, explains why he believes gold is a sure, long-term bet.

And, Tony Daltorio of Investment U thinks Chesapeake Energy (CHK) has a bright future.

Top Bullboards post: “Looks like GWY kind of poked VEN (Ventana Gold) in the eye and scooped up some land right through their property. I guess GWY must of offered better terms than VEN? Their website said drilling was commencing beginning of June - now it may be end of summer before they start drilling Vetas. Hopefully that means they are making California the priority for drilling and then will move over to Vetas.” From Red5Luke on the Galway Resources (TSX: V.GWY, Stock Forum).

Top Bullboard:Stem Cell Therapeutics (TSX: V.SSS, Stock Forum) received the most reads and posts on a day its stock price plunged more than 75% - Yikes!

Top blog:fredski reposts a commentary on how shale gas will change the world in the Carpe Diem blog.

For news about small stocks that made big moves in Tuesday’s trading, please read the Stockhouse Canadian Small and Micro-cap Stock Report.

Word on Wall Street

"It seems like the Europeans are playing 'tag, you're it ' -- first it was Greece and now it's maybe Spain or Portugal," said Corpina, a New York Stock Exchange floor trader, in an interview with Associated Press. "We know someone else is next. The problem is that it seems like every plan in place isn't going to satisfy the needs."

Today In The Markets

TSX little changed, buying picks up after four per cent plunge on Euro debt worry

DJIA	10,043.75	-22.82
NASDAQ	2,210.95	-2.60
S&P500	1,074.03	+0.38
S&P/TSX	11,518.08	-3.27
S&P/TSX Venture	1,450.15	-3.24

TORONTO-New York (The Canadian Press) - The Toronto stock market closed little changed as buyers stepped up following a big selloff last week over worries about the European debt crisis and its effect on the global economic recovery.

The S&P/TSX composite index closed down 3.27 points at 11,518.08 after falling more than four per cent last week.

Investors again fled to the perceived safe haven of U.S. Treasury Bills, which sent other currencies lower, including the Canadian dollar which fell 0.94 of a cent to 93.46 cents US.

A rising U.S. dollar and demand concerns pushed oil down $1.46 to US$68.75 a barrel.

New York markets also closed lower despite data showing a rise in consumer confidence in May.

The Dow Jones industrial average dropped 22.82 points to 10,043.75. The Nasdaq composite index moved down 2.6 points to 2,210.95 while the S&P 500 index added 0.38 of a point to 1,074.03.

Please click here for the complete U.S. market summary.

After-Hours News

TiVo Inc.(NASDAQ: TIVO, Stock Forum)
TiVo Inc., saw its net loss grow during its first fiscal quarter as revenue declined and the company's subscriber acquisition costs increased. For the quarter ended April 30, TiVo reported a net loss of US$14.2 million, or 13 cents a share, compared to a loss of $3.9 million, or 4 cents a share, for the same period the previous year. First quarter net revenue was $61.4 million, up from $55.1 million, in the equivalent period last year. TiVo is a leader in advanced television services, including digital video recorders for consumers and content distributors.

CanElson Drilling Inc. (TSX: V.CDI, Stock Forum)
CanElson Drilling Inc. said it has entered into an agreement to acquire all of the issued and outstanding shares of Totem Drilling Ltd., a private corporation which owns and operates drilling rigs in the Bakken area of south east Saskatchewan. CanElson says it will make an offer to acquire all of Totem’s outstanding shares for a total consideration of approximately $40 million in cash and shares.