I’m surprised by the strength in the large caps. NEM is on fire. Maybe the AEM numbers are helping the sector.
NEM price target was upgraded from $97 to $123 by BNP Paribas today. They maintained their neutral rating. Kind of a backhanded upgrade, since it’s at $124.50 today. Neutral rating?? Really?
One thing I know for sure is that whatever I think is going to happen probably won’t. 🙂
