The S&P 500 traded to a high of 2732 early yesterday and regained 1% from Tuesday’spullback. As we discussed earlier in the week, this consolidation is fundamentally and technically healthy. In fact, the S&P has held ground in the face of the Dollar Index rising 1% and the 10-year Note hitting the highest yield since […]
Daily markets morning round-up: E-mini S&P, gold, crude & Treasuries Read More »
By Cory The Factors And Markets Keeping A Lid On Metals With the recent selloff in gold there a number of bulls that say the sentiment is so low that a bounce is coming. While this is true Jordan Roy-Byrne joins me to discuss why he thinks this bounce will be weak. There are a
Jordan Roy-Byrne – Techncial Commentary – Fri 18 May, 2018 Read More »
Today is fairly light on the data front. The only notable exception will be Canadian inflation and retail sales figures, which will be released later at 13:30 BST (08:30 EDT). CPI inflation is expected to have risen in April by another 0.3% like it did in March. Meanwhile, retail sales are also expected at have
EUR/CAD could extend drop Read More »
By Cory A Crypto vs Resource Investment Conference I think you all have heard how slow the resource investment conference was that I attended this week. If not please listen to the editorials on Wednesday with Chris Temple and David Erfle. To contrast the attendance at that show I chatted with Valentin Shmid, Business Editor
Valentin Schmid – Business Editor of the Epoch Times – Fri 18 May, 2018 Read More »
Saudi Arabia is focused on reducing surplus oil inventories, and the extension of production cuts along with growing global demand is helping. …read more From:: Resource Investor
The Saudis are determined Read More »
By Cecilia Jamasmie Canada-listed junior miner Thor Explorations (TSX-V: THX) published Friday first results from metallurgical test work at its Segilola project in Nigeria, poised to become the country’s first large-scale gold mine. The testing is part of the definitive feasibility study (DFS) for the project, located about 200km from the capital Lagos, and which
Thor Explorations says results of test work at Segilola better than expected Read More »
By Anwesha Sengupta Chilean Metals Inc. (TSXV:CMX, OTCQB:CMETF, SSE:CMX, MILA:CMX, FRA:IVV1, BER:IVV1) has announced plans to raise additional capital to finance exploration on its Bass River projects and additional projects in Nova Scotia and for general working capital requirements. Chilean will offer both traditional (hard dollar) and Flow-through equity (for the exploration only). The traditional
CMX Announces Financing Read More »
By Cory Technical Updates On Crytocurrenies Ryan Wilday, technical analyst at Avi’s Elliot Wave Trader website joins me to update what his technicals are telling him about the sector. He thinks a tradable bottom is near and has some much higher targets. Download audio file (2018_05_17-Ryan-Wilday.mp3) Click here to visit the Elliot Eave Trader website.
Ryan Wilday – Cryptrocurrency Technician – Fri 18 May, 2018 Read More »
By Cecilia Jamasmie Glencore’s (LON:GLEN) copper operations in the Democratic Republic of Congo will soon be the target of British regulators, which are planning to open a formal bribery investigation into the company and its deals Dan Gertler, an Israeli mining tycoon implicated in the payment of bribes to the country’s leader Joseph Kabila. An
Glencore drops as British regulators looming probe adds to Congo issues Read More »
By Jody Chudley This post $100 Oil Is One Explosion Away appeared first on Daily Reckoning. If you wake up tomorrow and oil prices have spiked to $100 per barrel, here is what will have happened. You will find out that a long range Burkhan – 2H missile will have directly hit the Saudi Royal
$100 Oil Is One Explosion Away Read More »
