After 8 Terrific Weeks for Stocks, What’s Next?

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article64211.html The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

QuadrigaCX Can’t Access $190 Million in Crypto After Founder Dies

Around $ 190 million in cryptocurrency has been lost and locked away somewhere online where no one can reach it. What’s to blame? Canada’s largest cryptocurrency exchange, QuadrigaCX. Back in December, the cryptocurrency exchange’s founder perished while in India. According to CoinDesk, a court filing states that the company does not have access to most […]

Zenabis Expects More Consolidation After Public Launch

On the heels of its public debut, a Zenabis Global (TSXV:ZENA) executive talks about the path for the company and its strategy when looking for partnerships. The Investing News Network (INN) caught up with Marco Iannuzzi, chief corporate social responsibility officer with Zenabis, during the Lift & Co. (TSXV:LIFT) cannabis expo in Vancouver to talk […]

After the Crash, the Stock Market Made a V-shaped Recovery. What’s Next

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article64012.html The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Macro Could Weaken After US Government Shutdown. What This Means for Stocks

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article63992.html The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

5 Top Weekly TSX Stocks: New Gold Shines After Q4 Results

The S&P/TSX Composite Index (INDEXTSI:OSPTX) opened 40.4 points lower on Friday (January 11) at 14,863.09, after it hit a more than one-month high on Thursday (January 10).   Six of the top 11 sectors were all lower, led by the energy sector, which dropped by 1 percent. By midday, Canada’s largest index had recovered ground lost in […]

Bitcoin Price: Another Sudden Sell-Off After a Steady Month

At this point, there doesn’t need to be a reason for Bitcoin price to drop suddenly. The market is so volatile by nature it is almost pointless to look for why. So, in true fashion, yesterday’s sudden sell-off confirms just that. There was no major market news reported, and despite this, Bitcoin price dropped 10% […]

China Adds to Gold Reserves After Two-year Hiatus

China has added to its gold reserves for the first time in over two years, with the People’s Bank of China increasing its holdings to 59.56 million ounces as of the end of December 2018. That’s up from the previous 59.24 million ounces, an amount that was unchanged since approximately 130,000 ounces were added in […]

Precious Metals Weekly Round-Up: Gold Falls After Strong US Jobs Report

Gold prices fell from their six-month high on Friday (January 4), following a report that showed strong gains in the US labor market last month. The Bureau of Labor Statistics revealed 312,000 jobs were created in December, beating the expectation of job gains of around 179,000. Despite gold’s decline, the yellow metal is still poised […]

Will Gold Rally in January after the Fed Hike?

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article63812.html The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Vanadium Outlook 2019: After the “Year of Vanadium,” What’s Next?

2018 has been an excellent year for vanadium. The metal is used as an alloy in steel production, but is gaining interest as word spreads of its energy storage potential. Like lithium and cobalt, which have become vital to the small-scale battery manufacturing sector, vanadium is proving instrumental in large-scale energy storage systems, particularly the […]

Global Economic Outlook after Trump-Xi Trade War Timeout

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article63702.html The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Aphria Continues Drop After Response to Short Seller Report

The downturn for Aphria (NYSE:APHA,TSX:APHA) continued on Tuesday (December 4) as the company combated allegations raised in a short seller report. The Canadian cannabis licensed producer issued a new response and offered a closer look into the assets being called into question by the short sellers. Despite the update, shares of Aphria on the Toronto […]

Crude Oil After November’s Declines

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article63684.html The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Bitcoin Rally: Cryptocurrency Makes a Comeback After Major Slump

Many in the financial world this week were claiming Bitcoin was “dead” after it hit its 2018 record lows this week. What they didn’t predict was a Bitcoin rally. On Sunday, the world’s first digital currency hit just above $ 3,600 a coin, which is the coin’s record-low this year. Bitcoin hadn’t seen below $ […]

US Stocks Roar To Life After Midterm Elections

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article63485.html The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Pot Stocks Rally After Sessions Steps Down

Following the resignation of Attorney General Jeff Sessions on Wednesday (November 7)–the biggest voice against marijuana inside the Trump administration–pot stocks shot up. Sessions, a vehement advocate against the cannabis industry, was sacked following increasing tension between the former Attorney General and President Donald Trump. In his place Matthew Whitaker, chief of staff to the […]

UK Easy Access Savings Accounts Not So Easy After All!

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article63468.html The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Precious Metals Weekly Round-Up: Gold Price Slips After Strong US Jobs Report

Gold retreated slightly on Friday (November 2) on the back of a stronger-than-expected October US jobs report, while silver was not effected by the results and posted gains for the second day in a row. As of 9:25 a.m. EST, the yellow metal was trading at US$ 1,232.00 per ounce, a slip from the gains […]

Coinbase is Now Valued at over $8 Billion After Series E Funding Round

Crypto exchange Coinbase is now valued at over $ 8 billion after it closed a new $ 300 million funding round. The US exchange held a Series E investment last week. Coinbase Funding will Enhance Growth Coinbase is one of the world’s largest exchanges by trading volume, and it has been at the fore of […]

Enter Ravencoin! Crypto Newbie Makes Unprecedented Gains after Binance Listing

Coinmarketcap.com has a new listing in its top 100. As of Sunday, Ravencoin has been occupying the 58th spot thanks to a Binance listing and has sustained a growth of 118% since that announcement. Within ten days, the coin has grown its market cap from $ 212,000 to $ 49 million! This is a rather […]

Stock Market is Making a Sharp Rally After a Sharp Drop. What’s Next?

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article63363.html The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Ripple (XRP) Climbing After Crypto Market Correction

Ripple (XRP) is making a dashing comeback this morning after the crypto market lost over $ 20 billion in value this week. Many of the other cryptocurrencies in the top 20 were seeing double-digit losses yesterday, as investors began dumping their digital assets. Now it seems most are making a comeback and XRP is leading […]

Setback Potential for Investors After Legalization, ETF Exec Says

LEGALIZATION COVERAGE Canada’s decision to legalize the recreational use of cannabis has allowed the rise of an emerging investment market. The cannabis public sector has become one of the most followed industries for investors.  As such, the Investing News Network brings investors a collection of stories on the critical transition and its impact on the […]

Presidential Cycle 3rd Year (after midterm election) VERY Bullish for Stocks

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article63305.html The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

Stock Market Breaking Down After Long Uptrend. More short-term Weakness Ahead?

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article63288.html The Market Oracle – Financial Markets Analysis and Forecasts – CLICK TO READ ARTICLE

5 Top Weekly TSX Stocks: Denison Up After Positive PFS

The S&P/TSX Composite Index (INDEXTSI:OSPTX) was lower at open on Friday (September 28), down 45.94 points from the previous day at 16,158.68. Fear that Canada would be left out of a trade deal between Mexico and the US weighed on the exchange. Concerns over a NAFTA deal that would be absent of Canada overshadowed stronger-than-anticipated […]

Silver Price Takes Slight Dip After Fed Raises Interest Rates

After two days of meetings regarding monetary policy, the US Federal Reserve officially announced the third interest rate hike for 2018 on Wednesday (September 26). The Fed, led by Chairman Jerome Powell, lifted the target federal funds rate by 25 basis points from 2 percent to 2.25 percent, causing the US dollar to once again […]

Cameco Stock Skyrockets After Canada Tax Court Ruling

After a battle spanning nearly a decade, the Tax Court of Canada has ruled in favor of uranium producer Cameco (TSX:CCO,NYSE:CCJ). At issue was the reassessment of company tax returns from the 2003, 2005 and 2006 calendar years. The case was first launched by Canada Revenue Agency (CRA) in 2008. The CRA had taken issue […]

Gold Price Flat After Fed Hikes Interest Rates

After two days of meetings regarding monetary policy, the US Federal Reserve officially announced the third interest rate hike of the year on Wednesday (September 26). The Fed lifted the target federal funds rate by 25 basis points from 2 percent to 2.25 percent, leaving gold virtually unchanged from its decline prior to the hike […]