Today on Stockhouse
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Ticker Trax’s Thom Calandra believes investors/speculators should take notice of these junior miners.
This as Matt Badiali of DailyWealth explains why he thinks the government is lying to you about gold.
Top Bullboards post: “Next big Quebec gold find?! They only drilled 4 Holes so far and the results come in quite impressive and very comparable to Detour`s initial results. And previous first hole 01 was revised upwards 72 meters @ 2.7g/t. Also lot`s of high grade intervals as well. Looks interesting here. Will get a starting position today.” From Teatimenow on the Balmoral Resources (TSX: V.BAR, Stock Forum) board.
Top Bullboard:Intertainment Media (TSX: V.INT, Stock Forum) received the most reads and posts on a day its share price surged more than 16%.
Top blog: LexLuthor2 advises members to keep their eyes on this gold/silver junior in the Lex Corp blog.
For news about small stocks that made big moves in Friday’s trading, please read the Stockhouse Canadian Small and Micro-cap Stock Report.
Word on Wall Street
"With the data that we saw this morning, there are a lot of reasons to be cautiously optimistic that we'll see a strengthening economy for a while and a steady lift in the (stock market)," said Doug Godine, a managing director at Signal Hill, in an interview with Associated Press.
| Selected expected U.S. earnings releases for Monday |
| (Consensus Estimates vs. Last Year) |
|
| A.T. Cross Company (NASDAQ: ATX) |
Q1 |
$0.03 vs. $0.01 |
|
| Changyou.com (NASDAQ: CYOU) |
Q1 |
$0.92 vs. $0.75 |
|
| Citigroup (NYSE: C) |
Q1 |
$0.09 vs. $0.15 |
|
| Halliburton (NYSE: HAL) |
Q1 |
$0.58 vs. $0.28 |
|
| Netflix (NASDAQ: NFLX) |
Q1 |
$1.07 vs. $0.59 |
|
| T. Rowe Price Group (NASDAQ: TROW) |
Q1 |
$0.75 vs. $0.57 |
|
Today In The Markets
TSX registers small loss amid high Chinese inflation figures, rising oil prices
|
| DJIA |
12,341.83 |
+56.68 |
 |
|
| NASDAQ |
2,764.65 |
+4.43 |
|
|
| S&P500 |
1,319.68 |
+5.16 |
|
|
| S&P/TSX |
13,799.12 |
-22.68 |
 |
|
| S&P/TSX Venture |
2,290.91 |
-10.13 |
|
|
Toronto & New York (The Canadian Press) - The Toronto stock market closed slightly lower at the end of a losing week as oil prices advanced, while data from China kept inflation and interest rate concerns front and centre.
The S&P /TSX composite index lost 22.68 points to 13,799.12 while the TSX Venture Exchange dipped 10.13 points to 2,290.91.
A positive reading on industrial production New York markets were higher amid disappointing earnings reports and positive economic data.
New York's Dow Jones industrial average was up 56.68 points to 12,341.83. The Nasdaq composite index edged up 4.43 points to 2,764.65 while the S&P 500 index climbed 5.16 points to 1,319.68.
Please click here for the complete U.S. and Canadian market summaries.
After-Hours News
Zargon Oil & Gas Ltd. (TSX: T.ZAR, Stock Forum)
Zargon Oil & Gas Ltd. announced that its board of directors has approved the current dividend policy of $0.14 per common share per month for the second quarter of 2011, based on the current economic conditions of our business. The monthly cash dividend for the month of April in the amount of $0.14 per common share will be paid on May 16, 2011 to shareholders of record on April 30, 2011. The ex-dividend date is April 27, 2011.