Double Top on Industrials (XLI)
Industrials (XLI) benefited greatly from the “Trump Trade”, but fell back to digest the gap up rally. It rallied again, but failed after overcoming overhead resistance at the prior November…
Biden Admin Makes Big Angola Investment to Counter China’s Critical Minerals Dominance
US President Joe Biden directed an additional US$600 million to the Lobito Corridor project during a visit to Angola, reinforcing a commitment to enhancing critical minerals supply chains in the…
NexGen Signs First Uranium Contracts, Will Sell 5 Million Pounds to US Utilities
NexGen Energy (TSX:NXE,NYSE:NXE,ASX:NXG) said on Wednesday (December 4) that it has set up its first uranium sales agreements with several leading US nuclear utility companies. These contracts, starting in 2029,…
Pete Hegseth says he had ‘substantive conversation’ with Joni Ernst as Trump signals support
President-elect Trump expressed public support for embattled defense secretary nominee Pete Hegseth Friday, and the nominee said he had a ‘substantive conversation’ with Sen. Joni Ernst. Hegseth, a former National…
Karine Jean-Pierre peppered with questions about Hunter Biden in first televised press briefing since pardon
White House press secretary Karine Jean-Pierre was bombarded with questions from reporters in the first televised press briefing since President Biden pardoned son Hunter Biden. She also spoke to reporters…
Here’s how Trump plans to install longtime ally Kash Patel as FBI director
President-elect Trump announced last week that he intends to nominate former White House aide and longtime ally Kash Patel to serve as FBI director, potentially making him the only U.S.…
‘Take a seat’: Obama ripped for being on ‘high horse’ during first post-election speech
Conservatives on social media blasted former President Obama after his first speech since the presidential election in which he lamented polarization in politics. During a speech Thursday at the Obama Foundation’s Democracy…
Conservatives worry Congress won’t have ‘spine’ for spending overhaul after DOGE meetings
Republicans have big plans for spending cuts next year, but some GOP lawmakers are doubting Congress can muster the momentum for significant changes. Elon Musk and Vivek Ramaswamy, whom President-elect…
Could the Silver Price Really Hit $100 per Ounce? (Updated 2024)
Will First Majestic Silver CEO’s silver price prediction of more than US$100 per ounce come true? The silver spot price made waves in 2020 when it rose above US$20 per…
Tech 5: Bitcoin Breaks US$100,000, Saylor’s MicroStrategy Loads Up
Tech stocks surged this week as US and Canadian jobs data bolstered interest rate cut expectations. Apple (NASDAQ:AAPL) hit a new all-time high on Wednesday (December 4), closing at nearly…