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US Markets Rebound – Reasons for it and will it continue?

Cory
March 31, 2020

Is this rebound in the US markets more than just a dead cat bounce? Joel Elconin joins me to share his thoughts on what is driving this move higher and if he thinks it will continue.

Click here to visit the Benzinga website and listen to the recording of the Pre-Market prep Show.

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2 Comments
    cfs
    Mar 31, 2020 31:22 AM

    Novo Resources acquires 9.09M GBM Resources units

    2020-03-30 12:30 ET – News Release

    Dr. Quinton Hennigh reports

    NOVO ACQUIRES STAKE IN ASX-LISTED GBM RESOURCES LIMITED AND OPTION OVER MALMSBURY GOLD PROJECT

    Novo Resources Corp. has subscribed for 9,090,909 units of Australian Securities Exchange-listed GBM Resources Ltd. and has been granted an option and an additional earn-in right to acquire up to an aggregate 60-per-cent interest in GBM’s Malmsbury gold project, located in the Bendigo zone of Australia’s Victorian goldfields, with the possibility of the interest being increased to 75 per cent, as described herein. The Transaction is subject to approval of the TSX Venture Exchange and other customary regulatory approvals for transactions of this nature.

    The GBM Units will be paid for by the issuance of 197,907 common shares of Novo which will be subject to a statutory hold period expiring four months from the date of issuance. Each GBM Unit will be comprised of one ordinary share of GBM and one-half-of-one ordinary share purchase warrant (each a “GBM Warrant”). Each whole GBM Warrant will be exercisable to purchase one ordinary share of GBM at AUD $0.11 for a period of 36 months from the date of issuance. Immediately subsequent to the issuance of the GBM Units, Novo will own approximately 4.13% of the issued and outstanding ordinary shares of GBM.

    Apr 01, 2020 01:45 AM

    Junk silver is selling fast on ebay at 22 to 24 dolars after premium . looks like a muchlower s and p price as we open in nyc . Trump may be replaced at the gop convention as might Biden the conventions have emergency powers in thier by laws . Throwing the conventions open to floor nominations can happen i am in a inverse option on the s and p midcap 400 only at a 1% profit so far but by friday i may be oup with a profit . love and good health to you all rsh