Toronto Stock Exchange, June 24-28
The Toronto Stock Exchange closed trading in positive territory, with the S&P/TSX Composite Index gaining 133 points, or 1.11%, to 12,129.11. Despite the boost, the index is down 2.45% year to date.
Stock Markets/Investing
TSX Venture Exchange, June 24-28
The S&P/TSX Venture Composite Index has been slipping for four weeks after dropping 1.6%, or 14.39 points, en route to a 881.40-point weekly close. It has lost around 9%, or 87.66 points, since the first week of June.
U.S. markets, June 24-28
U.S. markets rebounded from fears in the previous period that the Fed would taper off quantitative easing. The markets stabilized after the Fed said that QE would not slow down any time soon. This brought the S&P 500 Index up 18 points to…
Larger than life: Weighing the legacy of Marc Rich
One of the greatest, if most controversial, of all commodity traders has died.
Editorial: This is what a washout looks like
Barrick Gold is the world’s leading gold company, and its Pascua-Lama gold-silver megaproject under construction on the Chilean-Argentine border is its leading development project. And so the gold industry watches in dismay as the major…
U.S. markets, June 17-21
U.S. equities were hammered following comments mid-week from U.S. Federal Reserve Chairman Ben Bernanke that the central bank would scale back its quantitative easing program later this year. At a press conference Bernanke said he expects asset…
Toronto Stock Exchange, June 17-21
The strong run that equity markets had been enjoying for much of the year came to an end during the period, and the S&P/TSX Composite Index did not escape the global market trend. The index was off 255 points to 11,955.66 points for the…
TSX Venture Exchange, June 17-21
The S&P/TSX Venture Composite Index continued a three-week slide, dropping 4%, or 37.78 points, before closing out the week at 895.79.
More to gold price than meets the eye
Explanations for the most recent drop in gold prices generally begin and end with Ben Bernanke’s recent comments regarding the possible end to quantitative easing.
Short Position Report
Short positions outstanding at June 15/13 (with changes from May 31/13).
Toronto Stock Exchange, June 10-14
The Toronto Stock Exchange took a beating during the week, with the S&P/TSX Composite Index tumbling 186 points to 12,187.36, as worries resurfaced of the U.S. Federal Reserve tapering its bond-buying program.
TSX Venture Exchange, June 10-14
The S&P/TSX Venture Composite Index lost ground for the second consecutive week during the trading period, with the exchange dropping 1.9%, or 17.83 points, en route to a 933.57-point close. The Venture lost ground early in the week on…