Category: Finance
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![Top 5 stock gainers and losers: ELMT.C, HSLV.C, PLRB.V]()
Top 5 stock gainers and losers: ELMT.C, HSLV.C, PLRB.V
In this summary report, we will take a quick look at the top 5 gainers and losers up or down double digits on the Canadian stock markets. Here is a summary of the intraday action of assets: Top 5 Gainers Element Nutritional Sciences (ELMT.C) Market Cap ~ $6.8 million Element Nutritional Sciences employs plant-based technology…
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![Top 5 stock gainers and losers: SHL.V, MMY.V, IVX.V]()
Top 5 stock gainers and losers: SHL.V, MMY.V, IVX.V
In this summary report, we will take a quick look at the top 5 gainers and losers up or down double digits on the Canadian stock markets. Here is a summary of the intraday action of assets: Top 5 Gainers Spruce Ridge Resources (SHL.V) Market Cap ~ $15.32 million Spruce Ridge Resources is focused on…
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![Toronto-Dominion Bank: A Rising Star in Dividend Investing or a Risky Bet in Current Economic Climate?]()
Toronto-Dominion Bank: A Rising Star in Dividend Investing or a Risky Bet in Current Economic Climate?
The headlines were on fire earlier this year when it was reported that Toronto-Dominion Bank (TD.T) was the most shorted bank in world. Those headlines have all but disappeared but the bank’s short trade volume was still high in the November 15, 2023 Short Sale Trading Summary released by IIROC which placed the short trade…
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![Adjusting to New Norms: Interest Rates and Affordability Reshape the Canadian Housing Market]()
Adjusting to New Norms: Interest Rates and Affordability Reshape the Canadian Housing Market
The Canadian housing market is facing a multifaceted set of challenges that have seen a significant impact on pricing, sales activity, and overall market health. A report from Century 21 Canada highlighted that the country experienced a slight drop in prices due to the Bank of Canada’s interest rate hikes, aimed at fighting inflation. Big…
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![US retail sales blow expectations! What economic slowdown?]()
US retail sales blow expectations! What economic slowdown?
While many traders and investors wake up early on the West Coast to open charts of the stock markets, the very first markets I look at before my morning cup of coffee are the debt markets. Of course if you are a regular reader of my work then you know why I do this, and…
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![Billionaire hedge fund manager Paul Tudor Jones sees 12% stock market drop!]()
Billionaire hedge fund manager Paul Tudor Jones sees 12% stock market drop!
With the recent events in the middle east, many traders and investors were curious to see how stock markets would open. Maybe a surprise to some, but stock markets opened higher and are continuing their strength. Market risk has appeared to have disappeared with the Dow Jones up over 200 points on the day. To…
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![JP Morgan lead analyst pegs $150 price target for Brent Crude, are we in an oil markets supercycle?]()
JP Morgan lead analyst pegs $150 price target for Brent Crude, are we in an oil markets supercycle?
Oil markets are making headlines, but if you have been a reader of Equity Guru, then you were given the heads up back in late July 2023. My outlook and technical analysis play by play was given in subsequent articles and chart attack videos. Our first target has been hit, and prices are pulling back…
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![Major technical reversal pattern close to triggering on stock markets post Federal Reserve!]()
Major technical reversal pattern close to triggering on stock markets post Federal Reserve!
“Interest rates will remain higher for longer”. This is what most analysts can agree upon after yesterday’s Federal Reserve conference. It was quite a strange one. Powell did not want to give concrete answers to questions regarding if the Fed is done with hikes. But we know that there is one more rate hike coming…
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![The Core Story: InPlay Oil (IPO.T) riding a sector rise with 6% dividend yield]()
The Core Story: InPlay Oil (IPO.T) riding a sector rise with 6% dividend yield
We liked InPlay Oil a few years back when they said they’d use their debt to grow hard, acquire good oil and gas properties in Alberta, and generate enough revenue (even in lean times) to return funds to shareholders. Many sniffed at that goal, but IPO.T has made it happen, building a cash flow machine…
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![Stock markets fall under pressure as oil prices hit their highest levels in 2023]()
Stock markets fall under pressure as oil prices hit their highest levels in 2023
I have been updating my readers on the technical pattern on oil. The energy sector is bullish and the technicals are indicating more upside. The stock markets are falling on fears of an inflation surprise uptick. Oil is the lifeblood of the economy and higher oil prices means higher transportation costs. Costs which will be…
