Category: Featured Content
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![Medexus Pharmaceuticals (MDP.TO) Q2 2023 revenue expected to exceed US$27 million]()
Medexus Pharmaceuticals (MDP.TO) Q2 2023 revenue expected to exceed US$27 million
Medexus Pharmaceuticals (MDP.TO) is a specialty pharma company that has been making big moves on the charts. The company is not a biotech company. They do not do research and development, but instead bring over drugs that are already licensed in Western Europe to North America which sees them carve out a nice and profitable…
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![Brace yourself! A major central bank week is ahead!]()
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]()
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]()
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!]()
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]()
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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![Pivotal central bank week ahead!]()
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]()
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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![Prismo Metals (PRIZ.C) closes private placement]()
Prismo Metals (PRIZ.C) closes private placement
Prismo Metals (PRIZ.C), a Canadian mineral explorer focused on the acquisition and development of high-grade silver and gold projects in the Americas, announced today that it had closed its recent non-brokered private placement, issuing 750,000 common shares at a price of $0.20 CAD per share for gross proceeds of $150,000. As a result of the…
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![Here’s why natural gas is going to be critical!]()
Here’s why natural gas is going to be critical!
I was going to title this article “why millennials should pay attention to natural gas”. But it doesn’t matter what your age is. Moves in the natural gas markets will (and are already!) affecting you. If you are a regular reader of Equity Guru then none of this comes as a surprise. Not only have…
