Tag: stock market
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Will Endurance Gold (EDG.V) find a major discovery in historic BC gold camp?
Endurance Gold (EDG.V) is a precious metals exploration and development company focused on acquiring, exploring and developing highly prospective North American mineral properties that management believes have the potential to become world class deposits. The company has multiple projects, mostly focused on gold, but there is a project dealing with rare earth and niobium-tantalum. Here…
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The Lithium market is hot! How to invest in Lithium
It might be boring being a gold and silver trader right now, but other commodities are on the move. Uranium is really popular with the retail crowd and is gaining some popularity due to a possible (some would say pending!) energy crisis in Europe. You can read all about a potential uranium breakout here. Following…
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Yensanity! Why the Bank of Japan matters!
Months ago, I warned readers that the Bank of Japan is the most important central bank to be watching. I even did a video explaining why every trader must be watching the Bank of Japan (BoJ). Nobody really cared much about the BoJ since their monetary policy meetings never changed. But things could be changing.…
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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!
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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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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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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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…