Base Metal Stocks Articles

Commodities Charts

Jun 02, 2023 / Staff reporter

commodities chartsMCX Comodities charts and detail :Free Commodities Charts, Quotes, Commodities Analysis & Commentary for Futures and Options Traders.The term commodity is specifically used for an economic good or service when the demand for it has no qualitative differentiation across a market.[3] In other words, a commodity good or service has full or partial but substantial fungibility; th...Read More

Tech Talk for Thursday June 1st 2023

01/06/2023 / Staff reporter

S&P 500 futures were higher this morning following passage of the Debt Ceiling bill by the House of Representatives. S&P 500 futures were up 4 points at 8:30 AM EDT.Responses to quarterly reports released after the close yesterday generally were negative despite quarterly reports that were higher than consensus. Salesforce.com $CRM dropped $10.05 to $213.33. Crowd strike plunged $19.10 to...Read More

Tech Talk for Wednesday May 31st 2023

31/05/2023 / Staff reporter

U.S. equity index futures moved lower this morning. S&P 500 futures were down 20 points at 8:30 AM EDT.The Canadian Dollar added 0.04 to US73.31 cents at 8:35 AM ED T following release of Canada's March GDP report at 8:30 AM EDT. Consensus was a decline of 0.1% versus a gain of 0.1% in February. Actual was unchanged.July WTI Crude oil dropped $2.32 to $67.17 prior to the OPEC + meeting this we...Read More

Tech Talk for Tuesday May 30th 2023

30/05/2023 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 24 points at 8:30 AM EDT. Microsoft advanced $4.06 to $336.95 after Wedbush raised its target price from $340 to $375.Constellation Brands added $1.87 to $234.75 after Roth MKM upgraded the stock from Neutral to Buy.Broadcom improved $15.29 to $828.02 after KeyBanc Capital raised its target price from $720 to $820.Cohe...Read More

Tech Talk for Friday May 26th 2023

26/05/2023 / Staff reporter

:  As Monday is a U.S. holiday, Tech Talk will next appear on Tuesday, May 30th.Pre-opening Comments for Friday May 26thEditor's Note: Next Tech Talk report is released on Tuesday May 30th. Monday is a U.S. holiday and trading activity on the TSX is minimal.U.S. equity index futures were higher this morning. S&P 500 futures were up 2 points at 8:35 AM EDT.Lots of economic news released at...Read More

Tech Talk for Thursday May 25th 2023

25/05/2023 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 27 points at 8:35 AM EDT.Index futures eased slightly after 8:30 AM EDT following release of second estimate of first quarter annualized U.S. GDP. Consensus was unchanged growth at 1.1%. Actual was growth at 1.3%.Fitch lowered its U.S. Credit Rating from AAA to AAA negative watch.Nvidia jumped $56.87 to $362.25 after g...Read More

Tech Talk for Wednesday May 24th 2023

24/05/2023 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 14 points at 8:30 AM EDT.Bank of Montreal and Scotia Bank are expected to open lower after announcing larger than expected loan loss provisions in their fiscal second quarter report. Intuit dropped $23.80 to $426.00 after reporting lees than consensus fiscal third quarter revenues. Agilent fell $8.43 to $120.21 after...Read More

Tech Talk for Tuesday May 23rd 2023

23/05/2023 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points at 8:35 AM EDT. Index futures moved lower following release of the May Philly Fed Index at 8:30 AM EDT. The Index was reported at -16.0 versus -22.8 in April.Chevron added $1.44 to $153.88 after HSBC upgraded the stock to Buy.Lowe's dropped $2.65 to $200.50 after lowering second quarter guidance. Nordson gai...Read More

Tech Talk for Monday May 22nd 2023

22/05/2023 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 3 points at 8:30 AM EDT.Canadian equity markets are closed for the Victoria Day holiday.Micron dropped $3.01 to $65.16 after the Chinese government sanctioned the company.Meta Platform fell $3.04 to $242.60 after the company was fined $1.3 billion by the European Union. Foot Locker dropped $0.65 to $29.56 after William...Read More

Tech Talk for Friday May 19th 2023

19/05/2023 / Staff reporter

Pre-opening Comments for Friday May 19thU.S .equity index futures were higher this morning. S&P 500 futures were up 12 points at 8:35 AM EDT.The Canadian Dollar was unchanged at US74.21 cents following release of March Canadian Retail Sales at 8:30 AM EDT. Consensus was a drop of 1.4% versus a decline of 0.2% in February. Actual was a drop of 1.4%. Excluding auto sales, consensus was a drop of...Read More

Tech Talk for Thursday May 18th 2023

18/05/2023 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 5 points at 9:35 AM EDT.Index futures were unchanged following release of the May Philly Fed Index at 8:30 AM EDT. Consensus was an improvement to -20.0 from -31.3 in April. Actual was an improvement to -10.4.Take Two Interactive advanced $10.48 to $133.50 after reporting higher than consensus fiscal fourth quarter rev...Read More

Tech Talk for Wednesday May 17th 2023

17/05/2023 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 11 points at 8:35 AM EDT.Index futures were unchanged following release of the April U.S. Housing Starts Report at 8:30 AM EDT. Consensus was a slip to 1.400 million units from 1.4200 units in March. Actual was 1.401 million units.Northrop Grumman added $1.66 to $437.29 after increasing its quarterly dividend by 8%.Tar...Read More

Tech Talk for Tuesday May 16th 2023

16/05/2023 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 9 points at 8:35 AM EDT.Index futures moved lower following release of April U.S. Retail Sales at 8:30 AM EDT. Consensus was an increase of 0.7% versus a drop of 0.6% in March. Actual was an increase of 0.4%. Excluding auto sales, consensus was an increase of 0.3% versus a drop of 0.4% in March. Actual was an increase...Read More

Tech Talk for Monday May 15th 2023

15/05/2023 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points at 8:35 AM EDT.Index futures weakened following release of the May Empire State Manufacturing Survey at 8:30 AM EDT. Consensus was a drop to -2.00 from +10.80 in June. Actual was a drop to-31.8. Magellan Midstream Partners advanced $8.39 to $63.80 after Oneok offered to acquire the company in a cash and share...Read More

Tech Talk for Friday May 12th 2023

12/05/2023 / Staff reporter

U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points at 8:30 AM EDT.Air Canada (AC Cdn$21.01) is expected to open higher after reporting higher than consensus first quarter revenues and earnings.Twillo dropped $0.73 to $46.75 after Mizuho downgraded the stock from Buy to Neutral. Target was reduced from $90 to $55.SNC Lavalin (SNC.TO $33.35) is expected to open...Read More

METALS-Weak China inflation data pushes copper prices to a five-month low

May 11 2023 6:47AM / Reuters

(Updates prices after copper extends fall) By Polina Devitt LONDON, May 11 (Reuters) - Prices for copper and otherbase metals fell in London on Thursday, hitting multi-monthlows, after inflation data from the top consumer China added toconcerns over the strength of the country's economic recovery. Benchmark copper on the London Metal Exchange (LME)was down 3.7% at $8,164 a tonne by 1606 GMT, afte...Read More

Tech Talk for Thursday May 11th 2023

11/05/2023 / Staff reporter

U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:35 AM EDT.Bank of England raised its overnight lending rate by 0.25% as expected.Index futures were unchanged following release of the U.S. April Producer Price Index at 8:30 AM EDT. Consensus was an increase 0.3% versus a decline of 0.5% in March. Actual was an increase of 0.2% . On a year-over-year basis,...Read More

Tech Talk for Wednesday May 10th 2023

10/05/2023 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were up 15 points at 8:35 AM EDT.U.S. equity index futures moved higher following release of the U.S. April Consumer Price Index at 8:30 AM EDT. Consensus was an increase of 0.4% versus a gain of 0.1% in March. Actual was an increase of 0.4%. On a year-over-year basis, consensus was an increase 5.0% versus a gain of 5.0% in Mar...Read More

Tech Talk for Tuesday May 9th 2023

09/05/2023 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 13 points at 8:30 AM EDT. PayPal dropped $4.35 to $71.17 after reporting a lower than consensus first quarter profit margin.Lucid fell $0.67 to $7.04 after lowering production guidance. Wayfair fell $2.75 to $37.22 after announcing a convertible bond offering.New York Times gained $0.75 to $40.65 after announcing a $1...Read More

Tech Talk for Monday May 8th 2023

08/05/2023 / Staff reporter

U.S. equity index futures were higher this morning. S&P500 futures were up 10 points at 8:30 AM EDT.Scotts Miracle Grow added $2.45 to $68.89 after JP Morgan upgraded the stock from Neutral to Overweight.Tyson Foods dropped $4.40 to $56.29 after reporting an adjusted loss in its fiscal second quarter.Alcoa advanced $0.89 to $36.99 after JP Morgan initiated coverage with an Overweight rating.Sn...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok