Financial sector strength hasn’t been enough to boost Canada’s Main Stock Index as of late. Mounting losses from the energy, health care, and industrials indexes have combined to keep the TSX lower. However, it is gains among shares in the ...
Stockhouse Editorial
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September 8, 2021
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In every precious metals cycle there comes a time where a company has good assets but for one reason or another has failed to garner traction and has to pretty much give away projects. That point came for Canarc (CCM-V) last year. They pretty much gave away a high-grade g...
Streetwise Reports
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February 3, 2020
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Weakness in commodities’ prices have been felt on Bay Street and Wall Street as traders took stock of consumer inflation data. U.S. inflation fell faster than expected in last month to 4.9 per cent, raising chances of a pause in Federal Reserve rate hi...
Jonathon Brown
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May 11, 2023
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FOCUS TENDS TO BE SHORT-TERM Investors and traders have a tendency to fall into the recency-bias trap over and over. For example, after the S&P 500 closed at a new weekly high on Friday, July 12, it was easy to believe “the bulls are firmly in control”. Fast forward t...
Chris Ciovacco
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July 22, 2019
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A couple of weeks ago, I was in Lima, Peru, attending the Mining & Investment Latin America Summit. I heard from a number of industry leaders that mining in South America has become more challenging in recent years. One of the biggest reasons why is that the burden for ...
Frank Holmes
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November 19, 2019
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TRYING TO MAKE A RELATIVE TURN The chart below shows the performance of financial stocks (XLF) relative to the S&P 500 (SPY). Since making a low in late 2011 (point A), the XLF:SPY ratio has been trading in the slightly upward-sloping blue trend channel. Anecdotally, it is...
Chris Ciovacco
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April 9, 2019
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NEW MONTHLY SIGNALS The MSCI World Index tracks over one thousand large and mid-cap stocks in twenty-two developed countries, covering 85% of the market capitalization in those regions. As shown via the chart below, a positive monthly MACD cross was just nailed down on the...
Chris Ciovacco
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December 3, 2019
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Area plays, where one company makes a discovery then dozens of other companies rush in to stake all around them, are at the very foundation of junior resource markets. Some noteworthy Canadian area plays are Hemlo in 1982, Eskay Creek in 1990, the Lac de Gras...
Richard (Rick) Mills
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July 26, 2021
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Once the American Thanksgiving passes, the mood in North American markets seems to shift dramatically as investors contend with holidays, gifts, and vacations on one hand, with the end of their fiscal years on the other. Companies also look to end the calendar year on...
Stockhouse Editorial
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December 1, 2021
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The beginning of a new year always sparks hope and signals new possibilities — and that same logic can be applied to the stock market. 2021 certainly had its plethora of ups and downs, but the Canadian market finished off the year strong and the sentiment remains bul...
Stockhouse Editorial
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January 5, 2022
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