Resource Stock Roundup: Friday, June 20th, 2008
Jun 20th, 2008 | By Doug Casey | Category: Gold MarketProfit taking was the name of the game during Thursday trading on the Canadian Markets.
Profit taking was the name of the game during Thursday trading on the Canadian Markets.
It was a mixed session on the Canadian markets during Wednesday trading as, believe it or not, the junior bourse outperformed its bigger brother.
It was another rough ride for the Canadian markets as the resource-rich bourse followed the price of most commodities and moved lower during Tuesday trading.
A 50 basis point rate cut by the Bank of Canada and hints that the interest rates are going even lower failed to rally the troops as selling was the story of the day on the Canadian markets during Tuesday trading.