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Trader Talk

 


Trader Talk is produced by a team of active traders, analysts and various derivatives professionals from multiple organisations. Trader Talk provides comment on equities, commodities, and other financial instruments based on both technical and fundamental analysis.


 





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  • Wall Street extends gains buoyed by Amazon, Microsofit; Nasdaq hits 15-year high

    Fri 8:53 pm

    Wall Street extends gains buoyed by Amazon, Microsofit; Nasdaq hits 15-year high

    U.S. stocks stretched gains, with Nasdaq touching a 15-year high, as Google, Microsoft, and Amazon surged after reporting results. The S&P 500 (INDEXSP:.INX) rose 0.3 percent to 2,118 at 3:43 p.m. in New York. The 30-company Dow Jones Industrial Average (INDEXDJX:.DJI) inched up 0.2 percent to 18,086. The Nasdaq Composite (INDEXNASDAQ:.IXIC) advanced 0.7 percent to 5,093.

  • American Airlines beats expectations

    Fri 8:33 pm

    American Airlines beats expectations

    The Fort Worth, Texas company and world’s largest airline earned US$ 1.30/share excluding non-recurring items, while adjusted profit per share was US$1.73.

  • Yamana Gold to buy Mega Precious Metals for $17.5 million

    Fri 6:53 pm

    Yamana Gold to buy Mega Precious Metals for $17.5 million

    Yamana will acquire all of the outstanding shares of Mega in a mixed transaction involving some Yamana shares and cash based on its TSE closing price of April 23, 2015.

  • TSX little changed as miner gains offset oil slump

    Fri 6:05 pm

    TSX little changed as miner gains offset oil slump

    Canadian shares were little changed as miners gained with iron ore rally, overpowering losses among energy producers. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) rose 0.1 percent to 15,403 at 12:39 p.m. in Toronto. Three shares advanced for every two issues that declined as eight out of 10 groups were in the positive territory.