The Best Five Sectors, #8

Utilities enter top 5 Last week’s trading, especially the sell-off on Friday, has caused the Utilities sector to enter the top 5 at the cost of Industrials. Based on last Friday’s close, the sector ranking based on the combination of weekly and daily RRG metrics came out as follows: Communication Services – (XLC) Consumer Discretionary…

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AMZN: A Case Study in Bearish Divergence

In the later stages of a bull market cycle, we will often observe a proliferation of bearish momentum divergences. As prices continue higher, the momentum underneath the advance begins to wane, representing an exhaustion of buyers. We’ve identified a series of bearish momentum divergences in the early days of 2025, from Magnificent 7 names like…

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DP Trading Room: Defensive Sectors Lead the Pack

The complexion of the market is changing. Aggressive sectors which have led the market higher are now beginning to show signs of strain as momentum slowly dissipates and prices turn lower. However, defensive sectors (XLP, XLRE, XLV and XLU) are now leading the market. Typically when this occurs the market is at a top. Given…

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PDAC 2025: Here’s What You Need to Know

The annual Prospectors & Developers Association of Canada (PDAC) convention is returning this year from March 2 to 5, and it comes as the world faces rising geopolitical uncertainty. Governments around the world are increasingly recognizing the importance of the mining industry, and this year’s event promises to touch on key topics related to supply,…

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Jindalee Realises $2.75M from Sale of Non-Core Asset

Jindalee Lithium Limited (Jindalee, the Company; ASX: JLL, OTCQX: JNDAF) advises that the Company has sold its shareholding in Dynamic Metals (ASX: DYM, Dynamic), raising $2.75M before costs. Dynamic was formerly a Jindalee subsidiary which held Jindalee’s Australian exploration assets. Dynamic was spun out of the Company in January 2023 following a $7M IPO which…

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Equinox Gold and Calibre Mining to Join Forces in C$2.6 Billion Deal

Equinox Gold (TSX:EQX,NYSEAMERICAN:EQX) and Calibre Mining (TSX:CXB,OTCQX:CXBMF) have entered into a definitive arrangement agreement to merge, creating a major diversified gold producer in the Americas. The deal will see Equinox acquire all the outstanding common shares of Calibre in an all-stock transaction, forming a new entity that will continue operating under the Equinox name. The…

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