RY 169.88 -1.0542% SHOP 144.59 -0.959% TD 77.85 -0.1667% ENB 59.62 -0.5505% BN 78.53 -0.971% TRI 223.92 -0.2495% CNQ 47.03 -0.0213% CP 102.49 -0.5627% CNR 147.77 -0.8787% BMO 131.32 -0.0685% BNS 78.4 0.0255% CSU 4463.7002 0.6222% CM 90.42 0.6344% MFC 44.91 -1.3184% ATD 77.0 -0.7604% NGT 60.01 -0.4149% TRP 68.0 -2.2989% SU 56.965 -0.4282% WCN 260.14 -0.653% L 176.45 0.7135%
Company Overview: Power Nickel, Inc. (TSXV: PNPN) engages in the acquisition and exploration of mineral properties. It operates through the Canada and Chile geographical segments. Gevo, Inc. (NASDAQ: GEVO) operates in the renewable energy sector with a focus on converting renewable resources into high-density liquid hydrocarbons, primarily for use as sustainable aviation fuel and other renewable fuels. The Report covers the Price Action, Technical Indicators Analysis along with the Stop Loss Levels, Target Prices, and Recommendations on these two stocks.
Global Markets Wrap-Up
On September 12, 2024, the S&P 500 index settled at 5595.76 with a week till date gain of 3.46%; moreover, the tech-heavy NASDAQ composite advanced by ~5.26% on a WTD basis and settled at 17569.68. While the Russell 2000 settled at 2129.43, reflecting a gain of ~1.82% on WTD basis.
Considering the Canadian market, the benchmark S&P/TSX Venture Composite Index (TSX: ^JX) started the week on a positive note and continued the momentum. On September 12, 2024, the index closed at 570.60 with an overall week-to-date (WTD) gain of 4.65%. Basic materials, energy, real estate, industrials and technology were the leading sectors, while healthcare, financials, consumer cyclicals and consumer non-cyclicals were the laggards on Thursday.
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