Short Position Report
Short positions outstanding at Oct.15/14 (with changes from Sept.30/14).
Stock Markets/Investing
US markets struggle, Oct. 6-10
The S&P 500 Index posted its biggest weekly decline since March 2012, as anxiety about weak global economic growth in Europe and China and concerns about the winding down of the U.S. Federal Reserve’s bond-purchasing program drove…
TSX Venture finishes deeper in the red, Oct. 6-10
The S&P/TSX Venture Composite took another tumble during the trading period, as it lost 6.31%, or 55.69 points, en route 827.13-point weekly close. Markets were impacted by falling energy futures after a dim outlook on oil demand growth…
Kennady Diamonds loses altitude on Kelvin results
Kennady Diamonds’ (TSXV: KDI; US-OTC: KDIAF) high-flying stock lost almost a third of its value in a single day on disappointing grades from a mini-bulk sample at its Kennady North diamond project in the Northwest Territories.
TSX down again, Sept. 29 – Oct. 3
Canada’s main stock index posted its fifth straight weekly decline despite a positive jobs report in the U.S., weighed down by concerns including whether the central government in Beijing would move against pro-democracy protesters in…
TSX Venture hits 52-week low, Sept. 29 – Oct. 3
The S&P/TSX Venture Composite continued an eight-week free fall during the trading sessions, as it dropped 4%, or 36.60 points, en route to an 882.82-point close. Over the past two months the Venture has lost 14%, or 141.17 points. North…
US stocks tumble, Sept. 29-Oct. 3
U.S. equities had a rough ride during the trading week. The Dow Jones Industrial Average fell 103 points to 17,009.69, while the S&P 500 Index lost 15 points to end at 1,967.90. The tech-heavy Nasdaq Composite Index tumbled 37 points to…
Lundin to buy Candelaria from Freeport
VANCOUVER — Rumours had been swirling for months over Lundin Mining’s (TSX: LUN; US-OTC: LUNCF) eyeing of Freeport-McMoRan’s (NYSE: FCX) 80% stake in the Candelaria copper-mining complex in Chile’s Atacama province, and…
Short Position Report
Short positions outstanding at Sept.30/14 (with changes from Sept.15/14).
Podcast: Mickey Fulp explains what’s weighing down commodities
Mickey Fulp, the Mercenary Geologist, dissects the recent movements in the Venture market, the greenback and two metals he follows closely — gold and uranium.
U.S. markets under pressure, Sept. 22-26
U.S. markets ended in negative territory during the trading week, with the Dow Jones Industrial Average falling 166.59 points, or 0.96% to 17,113.15, and the S&P 500 Index sliding 27.55 points, or 1.37%, to 1,982.85. The Philadelphia Gold…
TSX declines, Sept. 22-26
The S&P/TSX Composite Index lost 238.58 points during the trading week to end at 15,026.77. The S&P/TSX Global Gold Index stayed relatively flat at 170.72 points, while the spot price for gold added US$3.20 per oz. to US$1,219.40. The…