Today on Stockhouse
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Ticker Trax’s Thom Calandra writes about an interesting rare metals play exploring for tellurium.
While Peter Kennedyrolls the dice on Macau in the Stockhouse Short Report.
Top Bullboards post: What is the potential value of this stock? Not one, but 2 high quality targets. Chances are... word is out that trench samples are similar geology to ground over on TRR land. You don't really need results if geology is identical to realize the value here. It could be bigger than TRR with a 1.6km trend. Who knows until drills start turning, but it certainly looks pretty good the closer you get to the border. I wonder if deposits understand property boundaries? From WesternRookie on the Augen Gold (TSX: V.GLD, Stock Forum) board.
Top Bullboard: Gold Bullion Development (TSX: V.GBB, Stock Forum) received the most reads.
Top blog: jerrio78 debates whether the next elephant gold find will be in Indonesia in the Mining stocks to watch 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
"As long as the Chinese government takes more restrictive actions, that's going to be somewhat of a roadblock for equities," said Alan Gayle, a senior investment strategist at RidgeWorth Investments, in an Associated Press.
| Selected expected U.S. earnings releases for Monday |
| (Consensus Estimates vs. Last Year) |
 |
| Fred's (NASDAQ: FRED) |
Q3 |
$0.18 vs. $0.13 |
|
| Hewlett-Packard (NYSE: HPQ) |
Q4 |
$1.27 vs. $1.14 |
|
| Tiffany & Co. (NYSE: TIF) |
Q3 |
$0.37 vs. $0.33 |
|
| Tyson Foods (NYSE: TSN) |
Q4 |
$0.56 vs. $0.28 |
|
| Selected expected Canadian earnings releases for Monday |
| (Consensus Estimates vs. Last Year) |
|
| None expected |
|
|
|
Today In The Markets
Financials, tech stocks take TSX higher, China moves to tighten bank lending
|
| DJIA |
11,203.55 |
+22.31 |
 |
|
| NASDAQ |
2,518.12 |
+3.72 |
|
|
| S&P500 |
1,199.73 |
+3.04 |
|
|
| S&P/TSX |
12,956.33 |
+86.32 |
 |
|
| S&P/TSX Venture |
1,995.87 |
+8.24 |
|
|
TORONTO, NEW YORK (CP) - The Toronto stock market closed higher as investors became more comfortable with China's moves to deal with inflation and hoped for a quick resolution to the Irish debt crisis.
The S&P/TSX composite index rose 86.32 points to 12,956.33, while the Canadian dollar gained 0.33 of a cent to 98.23 cents US.
The Dow Jones industrial average gained 22.32 points to 11,203.55. The Nasdaq composite index rose 3.72 points to 2,518.12 and the S&P 500 index was ahead 3.04 points at 1,199.73.
Please click here for the complete U.S. and Canadian market summaries.
After-Hours News
Mawson Resources (TSX: T.MAW, Stock Forum) After Friday's close, the junior miner reported the first channel sample results from its 100% owned Rompas gold-uranium project in Finland, which included 0.3 metres of 1,866 g/t gold and 8.0% uranium.