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Stockhouse @ the Bell: Is the Santa Rally Finally Here?

Stockhouse Editorial
1 Comment| December 16, 2021

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Canada’s main stock index moved lower on Thursday, despite growth among energy and mining stocks, and as an upbeat economic outlook from the US Federal Reserve boosted sentiment. Tech and health care moved lower.

Wall Street’s main indexes fell lower after the Federal Reserve announced a faster wind-down of its pandemic-era stimulus, though that did calm nerves around surging price pressures.

Today in the Markets

TSX 20,739.38 -29.38 Click to enlarge
TSXV 888.45 +9.14 Click to enlarge
CSE 510.61 -8.37 Click to enlarge
DJIA 35,897.64 -29.79 Click to enlarge
NASDAQ 15,180.43 -385.15 Click to enlarge
S&P 500 4,668.67 -41.18 Click to enlarge

The Canadian dollar traded for 78.14 cents US compared with 77.55 cents US on Wednesday.

Crude oil prices were up 1.43 to $72.30.

The price of gold was up 16.29 to $1,794.69.

In world markets, the Nikkei was up 606.60 points to 29,066.32, the Hang Seng was up 54.74 points to 23,475.50, the FTSE was up 99.82 points to 7,270.57, and the DAX was up 160.05 points to 15,636.40.


Top 10 Bullboards:

Company Ticker Views
CGX Energy Inc V.OYL 5662
Theralase Technologies Inc. V.TLT 3741
HEXO Corp. T.HEXO 2120
Datametrex AI Ltd V.DM 1843
Therma Bright Inc V.THRM 1704
Xebec Adsorption Inc T.XBC 1528
PyroGenesis Canada Inc. T.PYR 1402
Sirona Biochem Corp V.SBM 1218
Ivanhoe Mines Ltd. T.IVN 1069
Victoria Gold Corp T.VGCX 975


Today in the News:

Falcon Gold Corp | Falcon Signs Definitive Option to Purchase Viernes Project - Next to Yamana's El-Peñón Gold/Silver Deposit in Chile
Forward Water Technologies Corp. | Forward Water Technologies Announces Update on Lithium and Brine Mineral Extractions Studies
Luff Enterprises Ltd | Luff Announces Sale of Nevada Assets and Provides Corporate Update
Fabled Silver Gold | Fabled Announces Effective Date For Spin Out of Fabled Copper
Luxxfolio Holdings | LUXXFOLIO Finalizes Order for 500 New Generation Miners
Sirios Resources Inc | Annual and Special Meeting of Shareholders
Novo Resources Corp. | Novo/GBM JV Commences Inaugural Malmsbury Gold Project Diamond Drilling Program
Global Energy Metals Corp. | Global Energy Metals Signs Binding Agreement for Royalty Sale on Norway Based Rana Nickel-Copper-Cobalt Project; Increases Equity Holdings in Electric Royalties
Predictmedix Inc | Predictmedix Secures Inaugural Placement of Safe Entry Station at Health and Wellness Retreat in Ontario, Canada
American Creek Resources Ltd. | American Creek's JV Partner Tudor Gold Intersects Near-Surface Intercept of 1.09 G/T Gold Eq Over 476.1M and 1.22 G/T Gold Eq Over 355.15M including 1.45 G/T Gold Eq Over 247.5M at Goldstorm Deposit in BC'S Golden Triangle
Pan Global Resources Inc | Pan Global Resources Announces Exercise of Warrants
ESE Entertainment Inc. | Riot Games Selects ESE Entertainment to Launch Esports League in 20 European Countries for the Game VALORANT
Logiq Inc. | Logiq Finalizes Agreement to Transfer AppLogiq Assets into Publicly Traded Subsidiary; Sets Record Date of December 30 for Shareholders of Logiq to Receive Shares in the Publicly Traded Subsidiary
Quipt Home Medical Corp. | Quipt Home Medical Announces Record Preliminary Fourth Quarter 2021 Results and Provides a Business Update
Psyched Wellness Corp. | Psyched Wellness Announces Path to Market for AME-1-derived Products in the USA
Quipt Home Medical Corp. | Quipt Announces That It Anticipates a Temporary Delay in the Filing of Financial Statements and Application for Management Cease Trade Order
FansUnite Entertainment Inc. | FansUnite and MoneyLine Sports Announce Launch of New Online Wagering Platform for Regulated Markets
AMPDF | Ampd Ventures Inc. Announces Completion of Share Purchase Agreement With Metaverse Initiatives Company, Departure Lounge Inc.
Gamesquare Esports Inc. | GameSquare Esports Announces Insider Buying of Shares by Management and Directors and Provides Business Update
Extreme Vehicle Battery Technologies Corp. | EV Battery Tech, IONiX Pro and Daymak Sign Sales, Distribution and Service Partnership
Manitou Gold Inc | Manitou Gold Announces Closing of $1,638,000 Private Placement, Strategic Investments by Alamos Gold Inc. and O3 Mining
First Helium | First Helium Acquires Additional Strategic Production Infrastructure at Worsley
Pan Global Resources Inc | BTV Highlights Azincourt Energy, Pathway Health, Electra Battery Materials, Gamesquare Esports & Pan Global Resources
Gamesquare Esports Inc. | BTV Highlights Azincourt Energy, Pathway Health, Electra Battery Materials, Gamesquare Esports & Pan Global Resources
Surge Battery Metals Inc. | Surge Battery Metals Closes $925,000 Flow-Through Private Placement



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