Today on Stockhouse
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Get the facts on gold investing including eight exclusive feature stories in the Stockhouse North American Gold Report.
Peter Kennedy reports on a coal deal that doesn’t bind in his Stockhouse Short Report.
This as TickerTrax’s Danny Deadlock writes about a lithium junior he believes is most promising in relation to its share price.
Top Bullboards post: “I don't ever recall a time when this company made a real profit until now. The 3rd quarter sure showed that they are making significant strides in developing this business and expanding opportunities. At some point you would think shareholders / investors will start to reward the company for its efforts and success with a jump in share price.” From 4ogo4 on the Intrinsyc Software International (TSX: T.ICS, Stock Forum) board.
Top Bullboard: Intertainment Media (TSX: V.INT, Stock Forum) received the most reads and posts.
Top blog:coffintrader claims Sprott is hot on this gold/base metals explorer in the WallStreet Investing blog.
For news about small stocks that made big moves in Thursday’s trading, please read the Stockhouse Canadian Small and Micro-cap Stock Report.
Word on Wall Street
"The problem with this (European debt) crisis is that almost every few days we get a fresh shock," said David Jones, chief market strategist at IG Markets, in an interview with CNNMoney. "I don't think by any stretch we've seen the worst of this. There's more volatility to come."
Selected expected U.S. earnings releases for Monday |
(Consensus Estimates vs. Last Year) |
|
Ediets.com (NASDAQ: DIET) |
Q3 |
$ -0.06 vs. $ -0.30 |
|
Limited Brands (NYSE: LTD) |
Q3 |
$0.24 vs. $0.18 |
|
Lowe's Companies (NYSE: LOW) |
Q3 |
$0.33 vs. $0.31 |
|
VisionChina Media (NASDAQ: VISN) |
Q3 |
$0.03 vs. $ - 0.02 |
|
Selected expected Canadian earnings releases for Monday |
(Consensus Estimates vs. Last Year) |
|
Argonaut Gold (TSX: T.AR) |
Q3 |
$0.06 vs. $0.01 |
|
Ram Power ( TSX: T.RPG) |
Q3 |
$ -0.01 vs. $ -0.04 |
|
Today In The Markets
TSX jumps 168 points: commodities rise as market fears over Italy, Greece ease
|
DJIA |
12,153.68 |
+259.89 |
|
|
NASDAQ |
2,678.75 |
+53.60 |
|
|
S&P500 |
1,263.85 |
+24.15 |
|
|
S&P/TSX |
12,276.85 |
+167.98 |
|
|
S&P/TSX Venture |
1,641.31 |
+16.75 |
|
|
TORONTO, NEW YORK (CP) - The Toronto stock market surged Friday while commodity prices jumped as traders felt more comfortable taking on risk amid signs that Italy and Greece are making progress on getting a grip on their serious debt problems.
The S&P /TSX composite index jumped 167.97 points to 12,276.85 with all sectors positive while the TSX Venture Exchange climbed 16.75 points to 1,641.31.
U.S. markets also surged as the Dow industrials ahead 259.89 points to 12,153.68. The Nasdaq was up 53.6 points to 2,678.75 and the S&P 500 index was ahead 24.16 points to 1,263.85.
Please click here for the complete U.S. and Canadian market summaries.
After-Hours News
Seabridge Gold (TSX: V.SEA, Stock Forum) After Friday’s close, the gold miner posted a third-quarter net loss of $3.706 million, or nine cents a share, compared with a loss of $717,000, or two cents a share, for the same period last year. The current quarter loss included $3.065 million of stock option based compensation expense related to previous option grants that are being expensed while they continue to vest.