Category: Featured Content
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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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Top 5 gainers and losers on the stock market
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 FRX Innovations Inc. (FRXI.V) Market Cap ~ $8 million FRX Innovations Inc. is a leader…
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The Core Story: Skyharbour Resources (SYH.V) is popping off, like we said it would
Over the last few months, we said – repeatedly – that the uranium explorer most likely to get momentum wasn’t the big ones, where the market cap had already run, and wasn’t the tiny ones, where production might be years out, it was the guys in the middle, with plenty of projects, plenty of partners,…
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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!
“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 moment of truth for silver!
It is now make or break for silver. The precious metal was on fire in the second half of August seeing five days of continuous rally followed by a few more green days taking the price briefly over $25. This zone turned out to be resistance and silver prices have given up those gains. We…
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Chip Designer Arm IPOs 10% over its debut price but questions arise on valuation
Chip designer Arm (ARM:Nasdaq) launched its initial public offering today (September 14th 2023). The ARM IPO priced 95.5 million shares at $51 per share at a valuation of $54.5 billion on a fully diluted basis. This $51 was the high end of the expected range of $47-$51. Arm came out swinging. The open price was…
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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…