11:00 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Venture Update The Venture hit a nearly 2-year high intra-day Friday, touching 644.71 before backing off slightly and closing the session at 639. However, that was still an impressive 15-point gain for the week – best-performing equity market in North America – and an even more impressive 30-point surge from Monday morning’s gap down to 609 (the low for the day and week). Astute investors who really understand President Trump, and how he’ll actually help Canada by destroying the “progressive” movement’s narrative and agenda,…
Author: BMR
Vor Biopharma (VOR, NASDAQ) Reid Hoffman, billionaire and co-founder of LinkedIn, invested $55 million and could be in for another $50 million upon exercising warrants. $1.55 per share | $176 million market cap Following the money. This relatively large investment from Reid Hoffman is certainly worth noting. Not every day do you see 1 of these Silicon Valley “tech titans” making a big bet on biotech. “Acute myeloid leukemia ranks among the deadliest cancers in the world, and a treatment for it has been sought for decades,” stated Hoffman. “The history of this illness has had a few dramatic breakthroughs…
7:45 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Market Update U.S. markets are off slightly in early trading while Gold is pushing to new highs, up $28 an ounce at $2,884 as of 7:45 am Pacific. The Venture (see updated chart below) has added 3 points to 643. Cryptocurrencies are mostly higher this morning with Bitcoin up more than 2% to $98,820; The U.S. economy added a fewer-than-expected 143,000 jobs in January, though the unemployment rate edged down slightly to 4.0%, the Labor Department reported this morning. The gain in jobs was…
7:15 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Market Update Gold and Silver prices are off modestly ahead of 1 of this month’s key economic data points tomorrow – the January jobs report. The non-farm jobs number is expected to show an increase of 169,000 vs. a rise of 256,000 in the December report. The January report could be hard to parse due to the wildfires in Los Angeles and cold weather in other parts of the country. As of 7:15 am Pacific, bullion is off $28 an ounce at $2,838 while…
5:30 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Macro Happenings Gold has hit record highs not only in U.S. dollars but also in multiple international currencies. The yellow metal is up $20 an ounce at $2,835 as of 5:30 am Pacific while the U.S. Dollar Index has eased off nearly half a point to 108.54; Palantir (PLTR, NASDAQ) surged more than 20% in premarket trading this morning after reporting stronger-than-expected Q4 results and guidance driven by AI. CEO and co-founder Alex Karp called the momentum within its commercial and government segments “unlike…
6:45 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Macro Happenings Markets have started the new week in the red with the mainstream left-wing media putting its negative spin on the Trump tariffs and even giving airtime in the U.S. to the likes of Flip Flop Freeland who will go down in the books as the worst Finance Minister in Canadian history. Bargain hunters got into position over the weekend and are stepping up to the plate. Trump has always had investors’ backs and he’ll also be introducing lower corporate taxes which will…
Tariff Tit For Tat? Justin Trudeau, Chrystia Freeland, Jagmeet Singh, Doug Ford and David Eby, among others, are taking on Donald Trump. Good luck, Canada! How ironic that these politicians are now wrapping themselves in a Canadian flag they’ve disrespected through many of their actions the last number of years. And they now want us to believe that they’re the ones who can a solve a problem that they actually helped create!! This is the time that “progressives” in Canada who have been destroying the country for years are finally going to go down in a big ball of flames,…
5:45 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Neptune Digital Assets (NDA, TSX-V) Neptune Digital Assets (NDA, TSX-V), an astute pick in the Crypto space, is a great example of what can happen when momentum builds in a stock following key breakouts. NDA has more than doubled since last week’s important move through $1.20, picking up additional momentum on the push to new all-time highs above $2. Sol Strategies (HODL, CSE) is an excellent example of how one should not underestimate the potential of these moves into new all-time high territory -…