11:30 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Macro Happenings Markets are holding up well in the face of an historic showdown in the Middle East as Israel and the United States bring Tehran to its knees. It’s our view that the current equites bull market will accelerate upon the “Unconditional Surrender” of Iran as called for moments ago by President Trump. The Trump Middle East strategy is multi-pronged, involving the elimination of Iran as both a nuclear and ballistic missile threat in addition to weaving as much of the Middle East…
Author: BMR
2:00 pm Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). American Eagle (AE, TSX-V) An important technical development we’ve been anticipating in American Eagle (AE, TSX-V) has occurred – 1 of our favorite Copper-Gold porphyry plays has finally conquered its 200-day EMA after being held beneath it since mid-January. In addition, the 200-day is now starting to reverse to the upside. We were urging accumulation in recent months in the 40’s, just above the rising 1,000-day EMA and in the vicinity of the 500-day EMA which has flattened out at 48 cents. Just like…
1:30 pm Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Multiple Catalysts Drive Gold Closer To New All-Time High There’s nothing like bombs flying around the Middle East to light a fire under Gold. Bullion had more to get excited about last week, though, than just Israel’s historic attack on Iran. Softer U.S. inflation prints added extra shine to Gold, increasing expectations of interest rate cuts by the Federal Reserve (where’s the inflation, Jerome?). Bullion is widely regarded as a safe asset, especially during times of economic turmoil and geopolitical unrest. It also tends…
9:30 pm Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Venture Continues To Lead The Pack During An Historic Week On The World Stage The Venture outperformed Wall Street again this past week, holding steady vs. declines in New York, further confirmation we’re in the throes of a classic bull market. As we rapidly approach the end of the 1st half of 2025, the Venture is already up 21% this year vs. a 7.2% gain for the TSX, a 1.6% advance for the S&P 500, an even slighter gain for the NASDAQ, and a…
8:30 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Macro Happenings U.S. equity markets are under pressure following Israel’s historic attack against Iran last night, with Iran’s nuclear program suffering a major setback while top military leaders and scientists were also killed. Buy the dip – Israel’s actions are actually making the world a safer place by bringing an evil regime to its knees, cutting off the head of the snake. While Oil prices have initially spiked higher, as would be expected, the ultimate effect of the pummelling of Iran could in fact…
8:15 pm Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Macro Happenings As Israel Attacks Iran Israeli Defence Forces (IDF) have launched a sweeping strike on Iran following months of attempted, and seemingly failed, nuclear negotiations between the Trump administration and Tehran. According to Secretary of State Marco Rubio, however, the U.S. is not involved in tonight’s attack dubbed “Operation Rising Lion”, which is likely to continue for days. The terrorist, illegitimate, sick Islamist regime of Iran can never be allowed to have nuclear weapons, but it has been on the verge of that goal…
11:00 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Macro Happenings The U.S. and China have reached an agreement on trade, representatives from both sides said after a 2nd day of high-level talks in London, with the deal now awaiting a nod from the leaders of the 2 countries. “We have reached a framework to implement the Geneva consensus and the call between the two Presidents,” Commerce Secretary Howard Lutnick told reporters. That echoed comments to reporters from Li Chenggang, China’s international trade representative and a vice minister at China’s Commerce Ministry. Equity…
5:45 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Market Update Wall Street futures are slightly in the green as of 5:45 am Pacific to begin the new week; The S&P 500 on Friday closed above the 6,000 level for the 1st time since February 21, and is now less than 3% away from its record closing high; As for economic data, this week’s focus is on inflation, with the most important price stability metrics on the docket. Wednesday will see the release of the U.S. Consumer Price Index for May, which will…