28 November 2024

Howe Street Reporter Title

Tag: stocks

  • 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…

  • 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…

  • NioCorp (NB.T) is developing the next niobium mine as US-China relations deteriorate!

    NioCorp (NB.T) is developing the next niobium mine as US-China relations deteriorate!

    If you want to invest in something with a bold geopolitical flavor, then rare earth minerals are the investment for you. When the China trade war headlines were all the markets were talking about way back when, rare earth minerals were always in articles titled something along the lines of, “Possible China trade war weapons”.…

  • 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…

  • 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…

  • The Fed raises rates by 75 basis points for the second consecutive time. What does this mean for stock markets?

    The Fed raises rates by 75 basis points for the second consecutive time. What does this mean for stock markets?

    In one word: bullish. The stock markets are loving the hawkish Fed. The Federal Reserve has raised interest rates by 75 basis points for the second consecutive time. The stock markets largely had this rate hike priced in. Fed futures had a near 100% probability of a 75 basis point hike and the Fed tends…

  • Is this the best way to invest in gold and silver?

    Is this the best way to invest in gold and silver?

    We have a major week ahead with the Federal Reserve and potential confirmation of a US recession. Is now the time to look at gold? It gets a bit more complicated. Sure, money can run into gold when there is fear and uncertainty, but there are some typical money flow signs that I watch for.…

  • Have US stock markets established their bear market lows?

    Have US stock markets established their bear market lows?

    Have US stock markets bottomed? From a technical analysis perspective: yes, there is a very good chance they have. From a fundamental perspective: it gets complicated. If we consider fundamentals, there is a lot which can weigh in on markets. Some things to consider are: Earnings, China, Russia, Inflation, Interest Rates, Supply Chain Issues, European…

  • There could be more pain before the market actually turns

    There could be more pain before the market actually turns

    Newsfeeds are clogged with “the bottom’s here!” narrative and we’re already seeing a significant bump in positivity in the public markets including risk-on assets like cryptocurrency, but are we out of the woods? This stream of social media ‘good news’ and bullish fervor comes as the yield curve inversion is in full swing. It might…

  • Gold mining in Japan?! 3 junior gold stocks focused on Japan

    Gold mining in Japan?! 3 junior gold stocks focused on Japan

    The nation of Japan has been making headlines recently. Unfortunately not for the best of reasons. The world is still reeling from the assassination of former Prime Minister Shinzo Abe, just two days before the Japanese general election. In elections held on Sunday, the Liberal Democratic Party (the party Abe once led) and its ruling…