9:00 pm Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Venture Update The Venture’s outperformance in recent weeks vs. the broader averages is a major anomaly and a bullish one. The highly speculative Venture has proven to be a very reliable leading indicator over the years, giving us added confidence that the recent broader market turmoil was just a short-term phenomenon (healthy correction) with the bullish primary trend remaining fully intact. The resource sector should have a great 2025 – just getting rid of Trudeau is going to help. If Poilievre and the Conservatives…
Author: BMR
7:45 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Editor’s Note: Our new website launches this week – stay tuned, we will let you know the details here at BullMarketRun.ca and by email. This is a seamless transition for all subscribers and we’re confident you’ll enjoy the features and functionality of the new site in our 1st major upgrade since we launched in late 2008. Market Update Wall Street, having just experienced its 5th fastest correction since World War II, is giving up some of the gains from the rebound of the past…
7:00 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Editor’s Note: Our new website launches this week – stay tuned, we will let you know the details here at BullMarketRun.ca and by email. This is a seamless transition for all subscribers and we’re confident you’ll enjoy the features and functionality of the new site in our 1st major upgrade since we launched in late 2008. Probe Gold (PRB, TSX) How much longer can Probe Gold (PRB, TSX) go without a big breakout to a new all-time high? Not much longer in our view.…
8:15 pm Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Editor’s Note: Our new website launches this coming week – stay tuned, we will let you know the details here at BullMarketRun.ca and by email. This is a seamless transition for all subscribers and we’re confident you’ll enjoy the features and functionality of the new site in our 1st major upgrade since we launched in late 2008. Tomorrow morning, pre-market, we’ll highlight 4 strong Gold stocks not mentioned in Daniel’s report yesterday. Each is under $2 and could very easily accelerate further to the…
Friday Footnotes Momentous week for Gold! Natural resource and mining speculators have been expecting the coveted $3,000 level for a long time. Starting in early 2024, with that key break above $2,100 – $2,200 resistance, Gold’s momentum really kicked in. Thanks to Bitcoin, and now DOGE, the masses are beginning to wake up. People worldwide are learning about “real money” and how precious metals protect purchasing power more than ever before. For the 1st time in history, Gold surpassed $3,000 per ounce last week (USD). While a headline number for sure, $3,000 is just a number. Gold sells for more…
6:00 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Market Update Wall Street appears headed for a rebound today with futures up significantly as of 6:00 am Pacific. Technically, it appears the correction in the major averages that started a few weeks appears to have largely run its course with both the NASDAQ and Dow testing their 300-day EMA’s for the 1st time since 2023 as you can see in our charts below. There have certainly been some signs of capitulation this week. Moreover, bears outnumber bulls in the weekly survey by the…
9:45 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Market Update New all-time high in Gold as the yellow metal benefits from lower-than-expected inflation reports today and yesterday, potentially creating some room for the Fed to reduce interest rates more aggressively this year than planned – exactly what President Trump is eager to see happen. Equity market volatility and increased economic uncertainty are also helping fuel bullion’s rise. The yellow metal is up $51 at $2,985 as of 9:45 am Pacific, its high of the day on the Spot Market; The TSX Gold Index…
6:10 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Venture Update The Venture’s outperformance this month vs. the broader averages is something to behold. The highly speculative Venture has proven to be a great leading indicator over the years, so what this month’s activity is telling us is that the recent broader market swoon is a very short-term phenomenon with the bullish primary trend remaining fully intact. The resource sector should have a great 2025 – just getting rid of Trudeau will be helpful (he officially resigns tomorrow). The pattern going back to…