Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Stockhouse @ the Bell: Markets Struggle, Inflation Hits 30 Year High

Stockhouse Editorial
1 Comment| January 19, 2022

{{labelSign}}  Favorites
{{errorMessage}}

Canada’s main stock index suffered under continued negativity from the previous session on Wednesday. Oil prices rose for a fourth day as an outage on a pipeline from Iraq to Turkey increased concerns about an already tight supply outlook. Spot gold also rose. The industrial and utilities sectors also performed well. Led by higher prices for food, vehicles and shelter, Canada’s annual inflation rate accelerated again in December to hit a 30-year high.

Sponsored by
1933 Industries Signs Binding Letter of Intent to Acquire Day One, a disruptive beverage company with a portfolio of next-level CBD-infused sparking water products


It has been a rough start to the Q4 2021 reporting season. US markets began another day in the red as investors grapple with earnings seasons and rising Treasury bond yields. Things rose slightly around on upbeat results from several companies that nudged some stock index futures higher, while big tech stocks tried in vain to make a comeback.

Today in the Markets

TSX 21,205.16 -69.41 Click to enlarge
TSXV 900.87 +10.01 Click to enlarge
CSE 499.20 -6.62 Click to enlarge
DJIA 35,028.65 -339.82 Click to enlarge
NASDAQ 14,340.25 -166.64 Click to enlarge
S&P 500 4,532.76 -44.35 Click to enlarge

The Canadian dollar traded for 79.91 cents US compared with 79.80 cents US on Tuesday.

Crude oil prices were up 1.92 to $86.54.

The price of gold was up 26.64 to $1,841.12.

In world markets, the Nikkei was down 790.02 points to 27,467.23, the Hang Seng was up 15.07 points to 24,127.85, the FTSE was up 22.84 points to 7,586.39, and the DAX was up 22.51 points to 15,795.07.


Top 10 Bullboards:


Company Ticker Views
Theralase Technologies Inc. V.TLT 3558
Datametrex AI Ltd V.DM 2816
New Found Gold V.NFG 1420
HEXO Corp. T.HEXO 1241
Baytex Energy Corp T.BTE 1228
CGX Energy Inc V.OYL 1184
Cruz Battery Metals Corp. C.CRUZ 954
Chalice Brands Ltd. C.CHAL 674
Quipt Home Medical Corp. V.QIPT 637
Fobi Ai Inc V.FOBI 580


Today in the News:

Falcon Gold Corp | Falcon Gold Acquires 10,150 Hectares in Gander North, Adjacent to Sassy Resources - Plans High Resolution Magnetic Surveys
Universal Ibogaine Inc. | Kelburn Mental Health & Addiction Treatment Centre Announces New Ownership, New Leadership and New Modalities
First Helium | First Helium 2021 Summary and 2022 Activity Update
Nextech AR Solutions Corp | Canadian Securities Exchange Reports Record 2021 Performance
Banxa Holdings Inc. | Banxa Records 337% YOY Increase for December Transaction Volume
Sixth Wave Innovations Inc | Sixth Wave Signs MOU with Quantum Labs of New Mexico for Delivery of Affinity Extraction and Purification System
Blue Star Gold | Blue Star Gold Drills 5.21 g/t Gold over 3.00 Metres in a Structure Parallel to Its High-Grade Flood Zone Gold Deposit
Rockland Resources Ltd. | Rockland Resources Initiates Satellite Imagery Survey on Elektra Project, Sonora, Mexico
Xali Gold Corp | Xali Gold Commences Applications for Drilling Permits at El Oro, Mexico
Monument Mining Ltd. | Monument Announces Burnakura Phase 1 Assay Results Including High-Grade Gold at Junction Target
Westhaven Gold Corp. | Westhaven Gold Files Independent Technical Report for Shovelnose Gold Property
Cardiol Therapeutics Inc. | Cardiol Therapeutics Appoints Thought Leaders in Cardiovascular Medicine to its Scientific Advisory Board
FansUnite Entertainment Inc. | FansUnite Announces March 5, 2022 Launch Date of VamosGG Cup; Signs Partnerships with Two Prominent Brazilian Esports Streamers
Willow Biosciences Inc | WILLOW BIOSCIENCES PUBLISHES THE FIRST PEER REVIEWED ARTICLE DEMONSTRATING THE CLINICAL BENEFIT OF CBG FOR SKINCARE
Algernon Pharmaceuticals Inc - Class A | Algernon Pharmaceuticals Files for Clinical Trial and Ethics Approval for Phase 1 DMT Human Stroke Study
1933 Industries Inc | 1933 Industries Announces Partnership Between Day One Beverages and USA Pickleball Association
Tocvan Ventures Corp. | Tocvan's Latest Channel Samples Including 19.8m of 0.73 g/t Gold and 19.5m of 0.61 g/t Gold at Pilar project in Sonora, Mexico
Revive Therapeutics Ltd. | Revive Therapeutics Provides Update on Phase 3 Clinical Trial for Bucillamine in COVID-19
Bald Eagle Gold | Bald Eagle Announces Resignation of Board Member
Tenet Fintech Group Inc. | SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Tenet Fintech Group Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of January 18, 2022 - PKKFF
Gran Tierra Energy Inc. | Gran Tierra Energy Announces Corporate Update
Angold Resources | The Power Play by The Market Herald Releases Interviews With Angold, Datametrex, Fabled Copper, Nextech AR, Tocvan Ventures, and Silver Bullet Mines
Datametrex AI Ltd | The Power Play by The Market Herald Releases Interviews With Angold, Datametrex, Fabled Copper, Nextech AR, Tocvan Ventures, and Silver Bullet Mines
Silver Bullet Mines Corp. | The Power Play by The Market Herald Releases Interviews With Angold, Datametrex, Fabled Copper, Nextech AR, Tocvan Ventures, and Silver Bullet Mines
Fabled Copper | The Power Play by The Market Herald Releases Interviews With Angold, Datametrex, Fabled Copper, Nextech AR, Tocvan Ventures, and Silver Bullet Mines
Datametrex AI Ltd | The Power Play by The Market Herald Releases Interviews With Angold, Datametrex, Fabled Copper, Nextech AR, Tocvan Ventures, and Silver Bullet Mines
Nextech AR Solutions Corp | The Power Play by The Market Herald Releases Interviews With Angold, Datametrex, Fabled Copper, Nextech AR, Tocvan Ventures, and Silver Bullet Mines
Tocvan Ventures Corp. | The Power Play by The Market Herald Releases Interviews With Angold, Datametrex, Fabled Copper, Nextech AR, Tocvan Ventures, and Silver Bullet Mines



Get @ the Bell delivered to your email inbox every day!

Sign Up Here





DISCLAIMER: By viewing any material on or distributed by Stockhouse Publishing Ltd. and its Information Providers you agree to both the following disclaimer, and the full disclaimer that can be viewed here.

Any holdings, theories, speculation or trades appearing anywhere on the Stockhouse network of websites should not be relied upon for purposes of transacting securities or other investments, nor should they be construed as an offer or solicitation of an offer to sell or buy any security. This applies to any material regardless of source, placement, presentation or reproduction. Any Information Providers to Stockhouse or employees of Stockhouse may from time to time have positions in the stocks or other entities mentioned anywhere on the Stockhouse Network of websites. You bear responsibility for your own investment research and decisions and should seek the advice of a qualified securities professional before making any investment. Stockhouse and its contributors makes no guarantee as to the validity of any information, speculation, theories or research presented herein whether pertaining to the past, present or future. The Service and The Materials are provided by Stockhouse and other Information Providers on an "as is" basis, and Stockhouse and other Information Providers expressly disclaim any and all warranties, express or implied, including, without limitation, warranties of satisfactory quality and fitness for a particular purpose, with respect to the service or any materials and products. In no event shall Stockhouse and other Information Providers be liable for any direct, indirect, incidental, punitive, or consequential damages of any kind whatsoever with respect to The Service, The Materials, and The Products.




{{labelSign}}  Favorites
{{errorMessage}}

Comments

No comments yet. Be first to comment!

Leave a Comment

You must be logged in to be able to post a comment.