7:00 pm Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Crypto Update As we approach the end of April, it’s notable that Bitcoin was up a whopping 15% this month after Friday’s action. Other Cryptocurrencies have also performed well, including Solana (up 18%). Crypto is outperforming as is the Venture which pushed through 31-month resistance Friday, closing at 653. For April, with 3 trading days to go, the Venture is up 4.1% vs. a 4.5% loss in the Dow and a 1% retreat in the TSX. Gold has gained 6.4% so far this month…
Author: BMR
9:30 pm Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Venture’s Moment Has Arrived The media-hyped “Tariff Tantrum” was the final shakeout of nervous nellies during the 1st phase of this new Venture bull market – the Index is up a whopping 19% in just the last 13 sessions, going back to the April 7 intra-day low (“Peak Fear”), following today’s 15-point gain for a 650 close. The Venture’s outperformance vs. the major North American equity markets this year was a major clue the brief “Tariff Tantrum” correction marked a highly reliable and historical…
11:45 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Macro Happenings The Wall Street rebound continues amid reports the Trump administration is considering slashing its steep tariffs on Chinese imports – in some cases by more than half – in a bid to de-escalate tensions with Beijing. One administration official said President Trump wouldn’t act unilaterally and would need to see some action from Beijing to also lower tariffs; Investors also breathed a sigh of relief after Trump said he has “no intention” of firing Jerome Powell whose term as Fed Chair will…
8:45 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Macro Happenings Equity markets are rebounding today after Wall Street tripped on another banana peel to begin the new week. As of 8:45 am Pacific, the Dow is up 764 points while the NASDAQ has added 328 points. Entering today, the Dow was on track for its worst April since 1932. The Venture is up 2 points at 633 while Cryptocurrencies continue their recent uptrend with Bitcoin breaking out above key resistance – we’ll have a Crypto update tonight or tomorrow am; Sitka Gold (SIG, TSX-V)…
2:00 pm Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Happy Easter, Everyone! Macro Happenings The Gold rally we’ve seen this year is a classic Fear Trade – how this plays out over the balance of 2025 is a question we’ll try to answer with today’s commentary and charts. Bottom line, at this point it continues to make sense to be positioned in certain Gold plays but selectivity is key; An investor sentiment indicator has collapsed to its lowest level in 3 decades, according to April’s BofA Global Fund Manager Survey. A staggering…
BullMarketRun.com Sunday, April 20, 2025 It’s Easter Sunday, Resurrection Day, a day that should give everyone hope because it was on this day over 2,000 years ago when Jesus rose from the dead – the most incredible comeback and the greatest victory mankind has ever witnessed! He is risen, indeed! An irrefutable fact of history, the Resurrection is what underpins the Christian faith and makes it unique – it’s why Jesus is indeed the way, the truth and the life. And the same Spirit who allowed Him to conquer death and defeat Satan can dwell in each of us, if we…
8:30 pm Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Venture Prepares For Lift-Off The Venture enjoyed its 2nd straight winning week, adding 18 points or 2.9% to once again lead major North American averages to the upside. The TSX was up 2.6%, the S&P 500 added nearly 1%, while both the Dow (-2.7%) and the NASDAQ (-2.6%) came under pressure. Investors can take comfort in the fact the Venture is leading the way this year – bodes well for the balance of 2025 for all equity markets, despite plenty of negative sentiment readings. This…
11:00 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Market Update Equity markets are closing out the week’s trading ahead of Easter on a mixed note. In Toronto, the TSX is up 161 points as of 11:00 am Pacific while the Venture has shed 6 points to 633. The Dow has fallen 312 points (see further below) but the NASDAQ and S&P 500 are both modestly in the green. Gold has slipped $22 an ounce to $3,219 while all major Cryptocurrencies are in positive territory; The Philadelphia Federal Reserve’s manufacturing sector survey declined well…