U.S. markets were closed for the Independence Day holiday on July 4, but when they reopened on Friday, strong jobs data helped push the S&P 500 Index above its 50-day moving average for the first time since June 19. The employment numbers…
The holiday shortened period was defined by political tension and market volatility, and the S&P/TSX Composite Index followed the global trend, as it wound up 44 points lower at 12,134.91 points.
The S&P/TSX Venture Composite Index finished in the green for the first time in four weeks during the shortened trading period, with a 2.87-point gain to close at 884.27. An early jump in commodity prices fuelled positive investor sentiment…
Two years of being ravaged by a vicious bear market for junior mining stocks has left many of these companies with decimated share prices and empty treasuries. It may be time for long-suffering investors to make changes to their portfolios to…
TSX Short Positions Short positions outstanding at June 30/13 (with changes from June…
The Toronto Stock Exchange closed trading in positive territory, with the S&P/TSX Composite Index gaining 133 points, or 1.11%, to 12,129.11. Despite the boost, the index is down 2.45% year to date.
The S&P/TSX Venture Composite Index has been slipping for four weeks after dropping 1.6%, or 14.39 points, en route to a 881.40-point weekly close. It has lost around 9%, or 87.66 points, since the first week of June.
U.S. markets rebounded from fears in the previous period that the Fed would taper off quantitative easing. The markets stabilized after the Fed said that QE would not slow down any time soon. This brought the S&P 500 Index up 18 points to…
One of the greatest, if most controversial, of all commodity traders has died.
Barrick Gold is the world’s leading gold company, and its Pascua-Lama gold-silver megaproject under construction on the Chilean-Argentine border is its leading development project. And so the gold industry watches in dismay as the major…
U.S. equities were hammered following comments mid-week from U.S. Federal Reserve Chairman Ben Bernanke that the central bank would scale back its quantitative easing program later this year. At a press conference Bernanke said he expects asset…
The strong run that equity markets had been enjoying for much of the year came to an end during the period, and the S&P/TSX Composite Index did not escape the global market trend. The index was off 255 points to 11,955.66 points for the…
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