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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (44900)	6/15/2018 8:09:00 PM
From: Goose94	Read Replies (1) of 202988

IamGold (IMG-T) top pick from HAPpy Sneddon on BNN.ca Market Call tonite Friday June 15th @ 1730ET Gold producers are coming into the period of seasonal strength in July, but they also have some bigger tailwinds from an apparent stabilization in gold bullion underway. The trajectory of the U.S. dollar higher is having a negative impact on emerging market equities and especially emerging market debt, but not Iamgold. This divergence is setting up the company, a high-quality producer whose recent earnings beat on all measurements including much lower cash costs than expected, for a strong upside ahead. A drop below $7.25 indicates a change in the big picture.

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