Toronto Stock Exchange, Sept. 9-13
The S&P/TSX Composite Index sank 131.24 points during the trading week to finish the period at 12,723.40, as concerns over the U.S. Federal Reserve’s tapering stimulus lingered.
Stock Markets/Investing
Investors can take advantage of QE-related price distortions, says Sprott’s David Franklin
In a presentation at the Toronto Resource Investment Conference Sept. 12, David Franklin of Sprott Asset Management said that after a tough first half of the year “we have turned the corner” and that investors can take advantage of…
U.S. markets, Sept. 3-6
Jobs data in the U.S. showing that employers hired fewer workers than expected in August and that fewer Americans were looking for work raised hopes that the Federal Reserve would not trim its massive stimulus program when it meets on Sept. 17,…
Toronto Stock Exchange, Sept. 3-6
The S&P/TSX Composite Index was up 24 points to 12,820.92 for the holiday-shortened period, as the resource sector held on to recent gains.
TSX Venture Exchange, Sept. 3-6
The S&P/TSX Venture Composite Index returned to positive territory during the shortened trading week. It registered a gain of 1.7%, or 15.6 points, and closed at 954.92 points — its highest valuation since early July. Markets…
Commentary: Reward potential still lives in ‘market wasteland’
After two years of pain for resource stock investors, there is a little bit of relief in sight. Gold has moved almost 20% off its late June low, and trading volumes and interest in resource explorers have increased. That’s good, but the…
Short Position Report
Short positions outstanding at Aug 31/13 (with changes from Aug 15/13).
TSX Venture Exchange, Aug. 26-30
The S&P/TSX Venture Composite Index lost momentum after two weeks of gains during the trading period, falling 7.25 points en route to a 939.31-point weekly close. Investors kept an eye on news of a potential military intervention in Syria,…
U.S. markets, Aug. 26-30
Concern about a possible U.S. air strike against Syria and anxiety about the timing of the U.S. Federal Reserve’s end to quantitative easing sent U.S. markets down. The Dow Jones Industrial Average fell 1.33% to 14,810.31, the S&P 500…
Toronto Stock Exchange, Aug. 26-30
The S&P/TSX Composite Index fell during the trading week amid concerns that Western countries would intervene militarily in Syria’s civil war. Toronto’s main index plunged 108 points to finish the week at 12,653.90.
Glencore Xstrata latest to catch the writedown bug
Despite being one of the most well-diversified commodity companies in the world — with marketing, trading, mining, smelting and shipping assets in metals, oils and agriculture — Glencore Xstrata (LSE: GLEN) was unable to protect…
U.S. markets, Aug. 19-23
Poor housing data in the U.S. showed sales of new single-family homes fell in July to a nine-month low, which fuelled debate over the status of the Federal Reserve’s stimulus program. Mounting tension over Syria created more uncertainty….