In the past week, the U.S. stock market hit a turning point and the S&P 500 has been on a real climb, reaching the 4,300 benchmark for the first time since August 2022. Its rally ended the bear market that began in January of last year, achieving 20 per cent growth since ...
Jonathon Brown
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June 15, 2023
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Following news that it expects revenue for Q3 2021 to be at least $8 million, resulting in total revenue for the nine months ended September 30, 2021 of at least $22 million (twice as much as that period, last year), PyroGenesis Canada Inc. ( TSX-V.PYR , Forum ) announ...
Stockhouse Editorial
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November 3, 2021
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The Weekly Missive, which usually arrives over the weekend (sometimes on Friday, sometimes on Sunday) was delayed this weekend for one reason: I had to change it. I started out last week with an idea that was leaning in the direction of full-on capitulation in the sen...
Streetwise Reports
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June 24, 2020
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With yesterday's hefty gains taken off the table, and a new profitable position that has them secured already, will the S&P 500 let me add to the tally some more still today? Given yesterday's Powell-testimony-induced wild swings and preceding strong retail sales data, it's no...
Monica Kingsley
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June 17, 2020
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Stocks have closed between two strong resistances yesterday – between the upper border of March’s gap and the 61.8% Fibonacci retracement. But the overnight rise in US-China tensions (this time, regarding Hong Kong), sent the S&P 500 futures below the key Fibon...
Monica Kingsley
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May 22, 2020
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Despite yesterday’s bearish opening gap, the bulls closed it, taking prices higher in a very measured and cautious way. Then, the bears took over the reins and drove the index well below the levels at the start of the day. Have we seen a reversal? In short,...
Monica Kingsley
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May 20, 2020
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Just when it appeared that the bears will get a third consecutive daily close lower, stocks rebounded from the 50% Fibonacci retracement. Having stabilized and adding to the intraday gains within the final hour before the closing bell, have the sellers been banished now? ...
Monica Kingsley
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May 15, 2020
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Stocks made it clear they were not ready to decline back to the 50% Fibonacci retracement yesterday, and instead opened higher. The bulls have been patiently and slowly adding to their modest intraday gains, before losing them all in the final 45 minutes of trading. How did th...
Monica Kingsley
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May 6, 2020
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Bucking Tuesday’s breakdown below the 50% Fibonacci retracement, stocks have pushed higher yesterday to return back around this key resistance level. The bears have suffered a setback yesterday, but it proved important to wait for the session close in order to ...
Monica Kingsley
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April 23, 2020
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From the unimaginable lows, crude oil is shaking off the dust. Moving higher, can it rise like a phoenix? Before moving to the technical part of today’s analysis, it seems that a quote from yesterday’s Oil Trading Alert would be appropriate...
Nadia Simmons & Przemyslaw Radomski
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April 22, 2020
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