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Stockhouse @ the Bell: TSX Lower for Fourth Day

Stockhouse Editorial
3 Comments| August 17, 2021

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Thanks to declines in the base metals sector, Canada’s main stock index extended losses for the fourth straight session on Tuesday, as the TSX index hit a one-week low with domestic and global economic data raising concerns about a slowing recovery.

Sponsored by
PyroGenesis Announces $1.2MM Plasma Torch Contract

Wall Street stocks moved lower as market participants digested a weaker-than-expected print for July's key retail sales report. The COVID-19 Delta variant is making US shoppers nervous, but some are still spending … for now. Walmart increased its annual US same-store sales forecast after beating analysts’ estimates on Tuesday, as shoppers coming out of lockdown bought more clothes, travel gear and back-to-school merchandise. Walmart is on track to reach $75 billion in global ecommerce sales by the end of the year. Meanwhile, gold extended its winning streak to a fifth session, supported by a drop in US bond yields and worries that a spike in the Delta variant cases could hinder a recovery in the global economy.

Today in the Markets

TSX 20,363.59 -119.83 Click to enlarge
TSXV 874.10 -31.57 Click to enlarge
CSE 676.26 -15.17 Click to enlarge
DJIA 35,343.28 -282.12 Click to enlarge
NASDAQ 14,656.18 -137.58 Click to enlarge
S&P 500 4,448.08 -31.63 Click to enlarge

The Canadian dollar traded for 79.22 cents US compared with 79.56 cents US on Monday.

Crude oil prices were down $0.53 to $67.76.

The price of gold was down 4.32 to $1,783.18.

In world markets, the Nikkei was down 98.72 points to 27,424.47, the Hang Seng was down 435.59 points to 25,745.87 the FTSE was up 27.13 points to 7,181.11 and the DAX was down 3.78 points to 15,921.95.

Top 10 Bullboards:

Company Ticker Views
PyroGenesis Canada Inc. T.PYR 4442
Reconnaissance Energy Africa Ltd V.RECO 3387
StageZero Life Sciences Ltd T.SZLS 2890
Xebec Adsorption T.XBC 2766
Nevada Copper Corp. T.NCU 2444
Vermilion Energy Inc. T.VET 1836
Liminal BioSciences Inc. LMNL 1643
Quarterhill Inc T.QTRH 1633
Therma Bright Inc. V.THRM 1530
Burford Capital Limited BUR 1151

Today in the News:

Psyched Wellness Corp. | The Rapidly Expanding Psychedelics Market
PyroGenesis Canada Inc. | PyroGenesis Announces $1.2MM Plasma Torch Contract
Kodiak Copper Corp. | Kodiak Copper Temporarily Pauses Drill Program at MPD Due to Wildfire Risk
Real Luck Group Ltd. | Real Luck Group Ltd. Announces Results of AGM and Gravitas Investor Day attendance
Neovasc Inc. | Neovasc Announces Submission of COSIRA-II Protocol Supplement to FDA
CRTTF | Cortus Defines Extensive Zones of Anomalous Gold and Carlin-Type Pathfinder Elements at Roberts Creek, Nevada
Yorkton Equity Group Inc. | Yorkton Equity Group Launches on Stockhouse to Increase Investor Awareness
Medigus Ltd. | Medigus: Jeffs' Brands Ltd. Signed a Non-Binding LOI to Acquire a Leading Consumer Products Brand Company
Northstar Gold Corp | Northstar Commences Surface Exploration at Miller Gold Property
Lexaria Bioscience Corp. | Winning Formulation; Lexaria Takes Strategic Aim at High Value Hypertension and Antiviral Therapeutics Markets with Robust Drug Delivery Technology
New Age Metals Inc. | New Age Metals Pre-Feasibility Study and Exploration Update on the River Valley Palladium Project, Sudbury, Ontario
Rockcliff Metals Corp | Rockcliff Provides Update on the Bur Property
Patriot Battery Metals Inc. | Patriot Battery Metals Provides Update on the Freeman Creek Gold Property, Idaho, USA
Fabled Silver Gold Corp. | Fabled Continues To Define New Gold System, Hits Lower Feeder, which Returns 580.01 g/t Silver Eq, PLUS 19.90% Lead, 5.18% Zinc and 1.29% Copper
Naturally Splendid Enterprises Ltd. | Naturally Splendid Signs Definitive Agreement
Killi Ltd. | Killi Announces Susan Mandell as Vice President of Sales
Cybin Inc. | Cybin Files 14th Patent Application Further Strengthening its IP Portfolio and Receives a Favorable Patent Claim Opinion
Orchid Ventures Inc (Sub Voting) | Orchid Ventures Announces the PurGuard Vape Software Platform With Age Verification to Limit Vape Usage by Minors
O2Gold Inc. | The Company Begins Drilling and New Ground Geophysics Results Extend the Projected Vein Mineralization of Aurora-Quintanillo
Good Natured Products Inc. | good natured Products Inc. Expands Line of Plant-based Kitchen Products
CLS Holdings USA Inc - Ordinary Shares | Still Rolling Strong: CLS Holdings USA, Inc. Announces July Results with Substantial Year-Over-Year Revenue Growth
Minaean SP Construction Corp. | Expression of Interest for Construction of University Hospital Project in Kenya
Graph Blockchain Inc. | New World NFT Platform Successfully Tests 1,000,000 Simultaneous Users In-App

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So sad that you insist on poking the same message on every one of my favorites. Please delete my account, delete all my posts, and all of my collected info. I'm gone from Stockhouse.
August 18, 2021

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