This is a complimentary excerpt from the subscriber-only DecisionPoint Alert. NVIDIA (NVDA) broke down today in what looks like an echo of last month’s pullback. There is a short-term double top with price resting on the confirmation line. This could just be a one day event; however, if we assume…
It was a very interesting week indeed. All-time high records continued to fall on a daily basis, but the complexion of the market most definitely changed during the latter part of the week. First, I want to pull up an hourly RRG chart to track 10 key growth stocks, most…
There was no doubt that new leadership emerged last week. Here were 3 areas that surged higher, either moving to fresh 52-week highs or breaking significant downtrends: Small Caps The small cap Russell 2000 (IWM) has been trying to clear the 210-211 area for the past two years. After doing…
Wide Open Agriculture Limited (ASX: WOA, ‘Wide Open Agriculture’ or the ‘Company’) is pleased to announce the results of the Placement and Priority Offer announced to the ASX on 9 May 2024, raising a total of $7.1M (before costs). The Company will today issue 310,163,191 fully paid ordinary shares (Shares)…
John Feneck, portfolio manager and consultant at Feneck Consulting, shared his latest thoughts on the gold price, saying that after the second quarter’s record-setting levels miners should be due to share good results. Pointing to Newmont (TSX:NGT,NYSE:NEM), Agnico Eagle Mines (TSX:AEM,NYSE:AEM) and Barrick Gold (TSX:ABX,NYSEGOLD), the three biggest holdings in…
Byron King of Paradigm Press shared insights from a recent Yukon property tour, including what’s known so far about the heap leach pad failure at Victoria Gold’s (TSXV:VGCX,OTC Pink:VITFF) Eagle gold mine. Noting that little information is currently available, he recommended avoiding speculation until more details have been released. However,…
Diversification can be key to a profitable mining and exploration strategy. While there’s no shortage of companies that have experienced great success by focusing on a single commodity, there’s always an element of risk to that approach. There is always the risk that certain commodities will fall in price whilst…
June’s softer-than-expected US inflation data has bolstered the case for interest rate cuts as early as September, providing welcome relief for investors amid a difficult economic landscape. Meanwhile, this week proved challenging for Elon Musk, and US Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam advocated for expanded regulatory authority…
The S&P/TSX Venture Composite Index (INDEXTSI:JX) gained 7.94 points last week to close at 593.70. Federal Reserve Chairman Jerome Powell met with lawmakers this past week, addressing the US Committee on Banking, Housing and Urban Affairs on Tuesday (July 9) and the House Financial Services Committee on Wednesday (July 10).…
A court in Ecuador on Friday handed down prison sentences for five people found guilty of murdering presidential candidate Fernando Villavicencio. Journalist and former legislator Villavicencio was shot while leaving a rally in August 2023, becoming the most prominent victim of Ecuador’s spiraling violence. The ruling, read out by Milton Maroto, one of…