Today on Stockhouse
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Jeb Handwergeris eyeing acquisition targets in junior gold and silver stocks.
This as Matt Badiali of Growth Stock Wire presents his key to investing in commodities in 2011.
Top Bullboards post: "This is a description of what has piqued my interest sky high here. Total Field Magnetics! There exists within the Cote Lake vicinity a TFM high with approximate dimensions of 1500 meters across the North stretch, 1500 meters along the West and approximately 2000 meters running angular from the Southwest corner connecting up to the Northeast. It is along this SW to NE flank along the very corona of this mag high Trelawney has produced their astronomical high grade gold results. TFM mag highs where mineralization can occur and have been discovered and such as in the geological setting Trelawney shares with Augen Gold to the North by Northwest and where high grade gold has been found strongly tend to be mineralized around the corona of these highs directly between the surrounding lows." From tentongold on the TSX: V.GLD, Stock Forum) board.
Top Bullboard: Cline Mining(TSX: T.CMK, Stock Forum) received the most reads and posts on a day its stock price surged more than 19%.
Top blog: MRSPEC suggests members take a look at this junior if they want some coal in their Christmas stocking in the Day trade or buy and hold blog.
Word on Wall Street
"Things are looking good, it won't all be straight up," said Chris King, portfolio manager at Morgan, Meighen and Associates, in an interview with Canadian Press. "Equities are cheap, the economy is recovering and we have massive amounts of stimulus in the system, which all points to higher equity values because corporate profits are growing and corporate balance sheets have record levels of cash going back to 1959."
| Selected expected U.S. earnings releases for Wednesday |
| (Consensus Estimates vs. Last Year) |
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| None expected |
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| Selected expected Canadian earnings releases for Wednesday |
| (Consensus Estimates vs. Last Year) |
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| None expected |
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Today In The Markets
Toronto stock market advances while N.Y. markets close early for Christmas
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| DJIA |
closed |
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| NASDAQ |
closed |
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| S&P500 |
closed |
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| S&P/TSX |
13,383.16 |
+11.96 |
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| S&P/TSX Venture |
2,187.40 |
+12.04 |
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TORONTO (CP) - The Toronto stock market closed slightly higher Friday on very low volume with New York stock and commodity markets closed as American traders get an early start on the Christmas holiday.
The S&P/TSX composite index gained 11.96 points to 13,383.16 while the TSX Venture Exchange rose 12.04 points to 2,187.4.
The TSX will reopen for trading on Wednesday.
Please click here for the complete U.S. and Canadian market summaries.
After-Hours News
No news to report