Short Position Report
Short positions outstanding at Oct. 15/13 (with changes from Sept. 30/13).
Stock Markets/Investing
Toronto Stock Exchange, Oct. 7-11
The S&P/TSX Composite Index closed up 176 points to 12,892.11, as investors hoped for a resolution to the budget impasse south of the border. The situation was doubly bad for commodities, as lower U.S. bond prices pushed yields higher,…
U.S. markets, Oct. 7-11
U.S. markets climbed late in the week with signs that lawmakers might strike a short-term deal to avoid a debt default. The Dow Jones Industrial Average rose 1.09% to 15,237.11 and the S&P 500 advanced 0.75% to 1,703.20. Economists estimate…
TSX Venture Exchange, Oct. 7-11
The S&P/TSX Venture Composite Index lost 2.7%, or 26 points, before closing the trading week at 929.37 points. Metal and energy futures struggled as markets kept an eye on the U.S. debt impasse. Meanwhile, trade data out of China showed…
Toronto Stock Exchange, Sept. 30-Oct. 4
The S&P/TSX Composite Index ended the week in negative territory as the dispute over the U.S. federal budget and debt ceiling rattled investors. The index plunged 85.4 points to 12,758.65. The S&P/TSX Global Gold Index dropped 6.8…
U.S. markets, Sept. 30-Oct.4
The partial shutdown of the U.S. government did not affect markets the way many prognosticators had predicted. The period saw Democrats and Republicans fail to reach a budget deal, but the Dow Jones Industrial Average was only down 177 points…
TSX Venture Exchange, Sept. 30-Oct. 4
The S&P/TSX Venture Composite Index stayed in the green on the back of late gains during trading, jumping 2.5 points before closing out the week at 955.36 points. Markets were buoyed by rising commodity prices later in the week, though…
Short Position Report
Short positions outstanding at Sept. 30/13 (with changes from Sept. 15/13).
U.S. markets, Sept. 23-27
The major U.S. indexes slipped, with the Dow Jones Industrial Average retreating 192.85 points to 15,258.24, putting an end to three weeks of gains. The S&P 500 Index fell 18.16 points to 1,691.75; the Philadelphia Gold and Silver Index…
Toronto Stock Exchange, Sept. 23-27
Positive economic data out of China firmed up commodity prices and took the resource-heavy S&P/TSX Composite Index higher. The Index was up 33 points for the period, finishing at 12,844 points.
TSX Venture Exchange, Sept. 23-27
The S&P/TSX Venture Composite Index registered modest gains throughout the trading week, jumping 6.76 points before closing the week at 952.86.
October the time to buy base-metal stocks: Ray Goldie
Stock markets are realizing that they have been underpricing base-metal equities, Salman Partners senior mining analyst Raymond Goldie says, and investors should “wait two months, then start taking advantage of this trend.”