In today’s article and video, we’ll discuss the weakness that pervades nearly all index charts. Over the past few days, many of the indexes have lost their PMO BUY Signals. Nearly all have crossed beneath their signal lines, with the exception of the Nasdaq which is still holding above. The SPY below shows the PMO…
The global stock market is a big place, and it extends far beyond the borders of the United States. While the US market is undeniably the largest and often sets the pace for others, it’s revealing to step back and consider the global scene occasionally. This broader perspective can alert investors to significant shifts in…
When I was growing up, I loved Choose Your Own Adventure books. I see the world in shades of gray instead of black-and-white, so I was immediately drawn to the seemingly endless scenarios that the main characters could experience as I made different choices for them. As investors, we often get so caught up in one…
Although earnings season is in full swing, trading volume has been relatively light this week. Perhaps investors are waiting for the stock market to show some direction. It could happen next week, one that’s jampacked with earnings and market-moving economic data, or the following week after the US election and Fed meeting. A Bird’s-Eye View…
In this StockCharts TV video, Mary Ellen shares how the markets trade right before the elections, and also reviews the move in Tesla (TSLA) after reporting earnings. She shares examples of what to watch for if your stock is due to report earnings – and what to do if it gaps down. This video originally premiered…
‘We are in a different market now — and this market now is not being driven by futures, it’s being driven by metal,’ he said, explaining that this new dynamic is giving gold’s gains more durability. While that doesn’t mean there can’t be corrections, he sees a tension in the industry that’s drawing gold higher….
Doré Copper Mining (TSXV:DCMC,OTCQB:DRCMF,FRA:DCM) is positioning itself as a near-term producer in the prolific Chibougamau region of Québec, Canada. The company is actively advancing its assets toward production, taking advantage of its brownfields high-grade copper and gold projects, existing infrastructure, and supportive jurisdiction. The company aims to establish itself as Quebec’s next copper producer, with…
(TheNewswire) VANCOUVER, BC T he N ewswire October 25, 2024 Element79 Gold Corp. (CSE: ELEM) (OTC: ELMGF) (FSE: 7YS) (‘Element79’, or the ‘Company ‘) is pleased to announce it is launching a non-brokered private placement of up to 10,000,000 units (the ‘Units’), at a price of $0.10 per Unit for gross proceeds of up to…
The gold price cooled on Wednesday (October 23) after soaring to a new high a day earlier. The yellow metal slipped as low as US$2,714.16 per ounce after rising to just above US$2,750 on Tuesday (October 22). Market watchers have attributed the pullback to a stronger US dollar and better US Treasury yields. These factors…
Palladium and platinum prices soared in recent trading sessions, reflecting the direct effects of heightened geopolitical tensions between Western powers and Russia. On October 24, palladium prices surged by nearly 10 percent in a single day, reaching approximately US$1,168 per troy ounce. They surged even higher the following day, touching US$1,200 for the first time…