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The Channel

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Trade Idea of the Day Presented by:

Avanti, Black Iron at 52-Week Highs on News

Avanti Energy Inc. (V.AVN) hit a new 52-week high of $2.85 on Monday. Avanti has now acquired a strategic land package under lease from the government of Alberta. The property is highly prospective for potential helium extraction, and the Company is moving forward with a more detailed... Read More

TSX Lower as Energy Prices Weigh

Canada's main stock index fell at open on Tuesday, dragged down by energy stocks tracking a fall in oil prices as the rapid spread of COVID-19 infections in India raised concerns about demand. The TSX lost 133.96 points to open Tuesday at 19,227.92 The Canadian dollar inched up 0.05 cents to...

Small Business Optimism Increased in April

Most of this survey is noise, but sometimes there is some information.From the National Federation of Independent Business (NFIB): April 2021 ReportThe NFIB Small Business Optimism Index rose to 99.8 in April, an increase of 1.6 points from March. The Optimism Index has increased 4.8 points...

Housing Inventory May 10th Update: Slight Increase Week-to-Week

One of the key questions for 2021 is: Will inventory increase as the pandemic subsides, or will inventory decrease further in 2021?Tracking inventory will be very important this year.Click on graph for larger image in graph gallery.This inventory graph is courtesy of Altos Research.As of May...

Alphabet, Facebook downgrades among today's top calls on Wall Street

Check out today's top analyst calls from around Wall Street, compiled by The Fly. MOVING TO SIDELINES... To see the rest of the story go to (See Story Here):(

Sunday Night Futures

Weekend:• Schedule for Week of May 9, 2021• Second Home Market: South Lake Tahoe in April• North Texas Real Estate in April: Sales Up 33% YoY, Inventory Down 65% YoYMonday:• No major economic releases scheduled.From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 4, and DOW...

Norwegian Cruise Says U.S. Ships Unlikely to Sail this Summer

The Centers for Disease Control and Prevention is allowing cruise ships to resume operations this summer, but Norwegian Cruise Line (NYSE:NCLH) CEO Frank Del Rio says that will be unlikely given the agency’s tough requirements."I seriously doubt we will be able to stand up a vessel out of a U.S..

Comments on April Employment Report

The headline jobs number in the April employment report was well below expectations, and employment for the previous two months was revised down.  Leisure and hospitality gained 331 thousand jobs.  In March and April of 2020, leisure and hospitality lost 8.2 million jobs, and are...

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