Equity Markets Holding Ground Despite Rising Geopolitical Tensions

 

Last week’s pick, Palantir Technologies Inc. (NYSE: PLTR), went from US$22.93 on Monday, to a high of US$25.76 on Thursday (up 12.3%).

Global equity indices hold ground despite rising geopolitical tensions in Afghanistan.

Gold prices were up 3.5% as moderate inflation data from the U.S. diminished the likelihood of rate hikes this year. Nickel prices jumped due to inventory declines on both the LME and SHFE (Shanghai), and rising demand from EV batteries.

Globally, 31.4% have received at least one dose vs 30.0% at the same time last week.

 Although shares of both Canadian and U.S. cannabis stocks declined, U.S. stocks outperformed.

Companies Mentioned:

Rio2 Limited, UEX Corporation, Steppe Gold Limited, Noram Lithium,Latin Metals Inc., Goldplay Mining Inc., Gold Springs Resource Corp., Wealth Minerals Ltd, Southern Silver Exploration Corp., Skyharbour Resources Ltd., Interra Copper Corp., American Manganese Inc., Quaterra Resources Inc., Voyager Digital Ltd., Kontrol Technologies Corp., BIGG Digital Assets Inc., Clean Seed Capital Group Ltd., Pure Extracts Technologies Corp., Ayurcann Holdings Corp., OMID Holdings, Inc.