Author: Staff
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Brace yourself! A major central bank week is ahead!
As markets still feel the pain after last week’s worst sell off since 2020, more volatility is ahead. As a technical analyst, many charts which will determine where stocks go are either at major support or at resistance. Hopeful for a turnaround but that will depend on the fundamental catalyst. It is a major central…
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Guanajuato Silver (GSVR.V): Mexico’s fastest growing silver company
What a time to be a precious metals bull. With inflation rising, many are frustrated that gold and silver aren’t heading higher. Not performing like the inflation hedge as many believed. Instead, with rising interest rates, it makes it less attractive to own precious metals which yield nothing when compared to bonds, the other risk…
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Stocks plunge after hot August inflation report
After reading many headlines to the tune of “inflation collapse/drop/peak will cause a market rally”, we can say that we aren’t just there yet. The markets have been pricing lower inflation the past few days. By looking at the chart, you can see what happens when the markets are wrong. We dump hard. A sea…
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The European Central Bank is back to positive rates!
As we continue the month of central banks, we have seen Australia and Canada raise interest rates, and now Europe joins the party. The European Central Bank (ECB) announced a 75 basis point interest rate hike, taking its benchmark deposit rate to 0.75%. This 75 basis point hike was already priced in as the markets…
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Bank of Canada raises interest rates by 0.75 percent
The Bank of Canada raised its key interest rate by 0.75 percent (three quarters of a percentage point) bringing the central bank’s key rate to 3.25%. This rate hike matches up with market and economist expectations. No surprise. Since March 2022, the Bank of Canada has increased rates by 300 basis points, the fastest pace…
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Verses (VERS.NEO) spatial computing app Wayfinder already generating revenues
Spatial computing is not doing-your-taxes while riding a rocket ship – it’s a new technology that is transforming eCommerce, and creating wealth for early investors. “Spatial computing refers to the process of leveraging digital technology to enable computers to interact seamlessly in a 3-D world – using Augmented Reality (AR), Virtual Reality (VR), and Mixed…
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Pivotal central bank week ahead!
We are now in September which is historically the worst month for stock markets. Markets are currently mixed: The Dow Jones and the S&P 500 have turned positive at time of writing and the Nasdaq is looking to join in. However, the downwards trend still remains strong. This week kicks off what is going to…
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Stock markets pop on ‘goldilocks’ jobs report
US nonfarm payrolls (NFP) was the anticipated data point for this week. NFP rose by 315,000 jobs in August just below the estimate for 318,000. This is well off the 526,000 print in July and is the lowest monthly gain since April 2021. The unemployment rate rose to 3.7%, two-tenths higher than expectations. Average hourly…
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Falcon Gold (FG.V), junior gold focusing on Newfoundland with big upside.
Bloodbath. The markets are getting hit hard. An everything sell off triggered by Jerome Powell telling markets that interest rates will rise and remain high for longer which will cause “some pain” to the US economy. Markets have quickly shifted back to the inflation narrative. The recession narrative was giving markets a boost as investors…