Job losses in the United States slowed during the month of May but the overall unemployment rate came in higher at 9.4 per cent. The bulls took the news to mean that the glass is half full, while the bears think the glass is half empty and in the end it was the bulls that prevailed during Friday’s session on the Canadian Markets. For the tale of the tape, the TSX Exchange rallied 0.88%, while the TSX Gold Index was the big loser by falling 3.1% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, added 0.43% with the advancers beating out the decliners by a 451 to 390 margin on a respectable 197 million shares traded.

After a late week rally profit taking once again ruled the roost during Monday trading on the Canadian Markets. For the tale of the tape, the TSX Exchange gave back 1.26%, while the TSX Gold Index lost 0.3% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, fell 0.62% with the decliners swamping the advancers by a 477 to 369 margin on 157 million shares traded.

Profit taking was the name of the game during Thursday trading on the Canadian Markets. For the tale of the tape, the TSX Exchange gave back 1.74%, while the TSX Gold Index lost 0.60% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, kept the drive alive by adding 0.50% with the advancers edging out the decliners by a 454 to 424 margin on 193 million shares traded.

Mining investors take note… If copper, zinc, nickel, and tin prices remain close to current levels, these miners will make a ton of money this year.