11 Quotes by Joe Ismail
- Author Joe Ismail
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Since gold prices are stuck in that range, gold-mining stocks are not going to move very much either.
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- Author Joe Ismail
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Gold is not quite ready yet to move in the upward bias.
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We have a good short-term bounce here, but until we retest the 12,080 mark, we may see a bit of profit-taking coming in again because of the nervousness on the market.
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- Author Joe Ismail
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We will have carry through from yesterday. But after three days of strong gains, I think it will probably slow down a little bit.
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We've had a lackluster market in the past several days, so we might see the market at least get a grip on itself and try to muster a little bit of a short term upswing here.
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As the week progresses, we might see a bit of short-term strength with window-dressing before the end of the quarter.
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Crude prices remain volatile and that is where the Canadian market will carry on from yesterday's gains.
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Every time we have about three days of downtrend, you get one or two days of positive moves in the short trend.
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Any corrective phase that will come in the near term could be a shallow one.
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