Tag: finance
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Japanese $62 billion currency intervention FAILS
After months of speculation from currency traders, the Bank of Japan confirmed that they did a currency intervention to strengthen the falling Japanese Yen. The Bank of Japan confirmed its first currency intervention since 2022 with $62 billion being used to prop the Yen between April 26th 2024 and May 29th 2024. Here was the…
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Stock Markets and Gold shaky as bond yields rise
Besides Nvidia carrying the Nasdaq, the other major US indices have been a bit shaky. We will jump into the charts below. And as usual, the prime suspect is the action in the bond markets. Of course this has a lot to do with the Federal Reserve and interest rate cuts. At time of writing,…
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Silver bulls maintain strong uptrend!
Ever since breaking out above $25.50, silver has been in a technical breakout. In my last article highlighting this break, I spoke about silver taking out a resistance zone which had been held since August 2021. The metals continue to do well in this current market environment… even with some pop in yields and the…
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![Short bet against Canadian Bank TD increases by 45%]()
Short bet against Canadian Bank TD increases by 45%
Two weeks ago, Canadian bank Toronto-Dominion (TD) became the world’s most shorted bank. Hedge fund bets against TD hit $4.2 billion. This news raised some concerns for Canadians as hedge funds are clearly shorting TD for some reason. Is it a bet against the Canadian economy? Most analysts agree the short is a sympathy play…
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![Will Wellfield Technologies (WFLD.V) and DeFi levy the challenge to traditional finance?]()
Will Wellfield Technologies (WFLD.V) and DeFi levy the challenge to traditional finance?
One of the biggest unforeseeable events of the past twenty years has been the disintermediation effect of new tech. Netflix killed blockbuster, Amazon has slain Sears and other big box chains of the past, and services like Uber and Lyft are disrupting the traditional taxi services. Technology has been busy slaughtering the sacred cows of…
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![Predictmedix (PMED.C) engages global investment bank to prep for NASDAQ listing]()
Predictmedix (PMED.C) engages global investment bank to prep for NASDAQ listing
The Nasdaq Exchange has 3,300 listed stocks including giants such as Apple (AAPL.Q), Google (GOOG.Q), Microsoft (MSFT.Q), Oracle (ORCL.Q), Amazon (AMZN.Q), and Intel (INTC.Q).
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![Plurilock Technologies: Disrupting Biometric Cybersecurity]()
Plurilock Technologies: Disrupting Biometric Cybersecurity
The new economy is digital. It’s in the trillions, so increasing digitization of the world has led to an increased risk that some parts of the ecosystem will be compromised. It’s no surprise then, that a ton of cybersecurity firms have emerged and attempted to dominate the landscape of ensuring and maintaining data privacy. However,…
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![Predictmedix (PMED.C) partners with India Fortune 500 Company]()
Predictmedix (PMED.C) partners with India Fortune 500 Company
Impairment is an expensive problem at the workplace and Predictmedix impairment detection technology is also designed to identify alcohol and cannabis impairment. The two Predictmedix technologies will be deployed at Indian Oil Bhawan, New Delhi within the next 3-4 weeks.
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ImmunoPrecise (IPA.V): when scientific breakthrough is executed strategically
You know what grinds my gears? The fact that investors will happily speculate on Tesla (TSLA.NYSE) stock because they think they understand the automobile market, but won’t attempt to do the due diligence for biotechs because it’s “too hard”.
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Biotech: Who will survive when the Covid-19 Hype Ends? Part II
For part I of this series please click here. Cities across Canada are gradually returning to business as usual, and we’re winning the fight against Covid-19 (don’t look south of the border). Thanks to all citizens still wearing hats to hide their botched home-haircuts, and our essential workers who literally put their lives on the…
