The S&P/TSX Venture Composite Index (INDEXTSI:JX) lost 7.22 points last week to close at 607.95. Statistics Canada released consumer price index (CPI) data this past Tuesday (May 21). In the report, the agency indicates that CPI rose 2.7 percent in April on a year-on-year basis, dropping from a 2.9 percent…
The US Securities and Exchange Commission (SEC) surprised skeptics this week by approving all eight pending spot Ether exchange-traded fund (ETF) applications on Thursday (May 23). Elsewhere, lawmakers came together to pass the first piece of crypto legislation through the House of Representatives, moving it along for a Senate vote,…
Rua Gold Inc. (CSE: RUA) (OTC: NZAUF) (WKN: A4010V) (‘Rua Gold’ or the ‘Company’) is pleased to announce that the Company has received its drone concession from the Department of Conservation (‘DoC’) for its Glamorgan Project, located on the North Island of New Zealand and situated 2.8km north of OceanaGold’s…
High inflation is subsiding, but many Americans have yet to see relief from elevated prices at the grocery store. “Grocery prices skyrocketed during the pandemic, and in many cases, they’ve kept going up, even though the pandemic is over,” Sen. Elizabeth Warren, D-Mass., said at a Wednesday Senate hearing. Shoppers may be infuriated…
Boeing and NASA are moving forward with the launch of the company’s Starliner capsule, set to carry U.S. astronauts for the first time, despite a “stable” leak in the spacecraft’s propulsion system. “We are comfortable with the causes that we’ve identified for this specific leak,” Mark Nappi, Boeing vice president and…
Car shoppers should have an easier time finding good deals this Memorial Day weekend than last. Dealerships are sitting on a glut of 2023 vehicles, leading to steeper discounts and lower interest rates than usual, the auto research firm Edmunds said Wednesday. The share of ’23 models available at dealerships…
In this edition of StockCharts TV‘s The Final Bar, Dave welcomes Mike Singleton of Invictus Research. David highlights a bearish momentum divergence for gold, and also illustrates how mid-cap and small-cap stocks have yet to make new highs in Q2. Mike paints a bullish picture for stocks based on economic growth and…
In this edition of StockCharts TV‘s The Final Bar, Dave welcomes Jeff Huge, CMT of JWH Investment Partners. David reflects on NVDA’s gap higher, quick deterioration in market breadth indicators, and bearish candle patterns for ON and HOOD. Jeff shares his downside target for the S&P 500 and updates his prescient bullish…
Blackstone CEO and co-founder Stephen Schwarzman revealed on Friday that he will be supporting former President Donald Trump in 2024 after previously distancing himself from Trump leading into the GOP primary. ‘I share the concern of most Americans that our economic, immigration and foreign policies are taking the country in…
With closing arguments in former President Trump’s criminal trial scheduled for early in the week ahead, a pending verdict in the historic case could have serious consequences in the 2024 election between the former president and President Biden. Trump holds the slight edge right now both in national polling and…