Wealth Creation Through Natural Resources
The best trade setups occur when many different factors align simultaneously. Case in point the IBB (Biotech iShares) chart today: Here are the factors which lined up simultaneously today: ‘Oversold’ (RSI-14 below 30) Down 7 consecutive days Below lower … Continued
Via CEO.ca and Written Tommy Humphreys 2015 will be remembered as a period when investors could buy world-class natural resource assets for pennies on the dollar. Tintina Resources (TAU:TSXV, TINTF:OTCQX) owns one of the highest-grade undeveloped copper deposits, in an … Continued
Gold is ripping higher this morning amid heightened fears of global deflationary pressures and a slew of central bank rate cuts (Norway, Taiwan, etc.): This morning’s move higher is highly significant because price decisively broke above last week’s resistance … Continued
Cancana’s Brazil Manganese Corporation project (BMC) in the the northern state of Rondonia in Brazil is uniquely positioned to capitalize on Brazil’s emergence as the world’s new breadbasket. The BMC project is poised to meet a growing domestic and global … Continued
Via CEO.ca and written by: Tommy Humphreys These are still early days at Skeena Resources’ $SKE (TSXV) Spectrum gold project, located in B.C.’s Golden Triangle, but early signs are promising. It’s where Skeena chairman Ron Netolitzky is going for his … Continued
Tuesday, September 22nd, 2015, Vancouver, BC, Canada – Cancana Resources Corp. (TSX.V: CNY) (“Cancana” or the “Company”) with its joint venture partner Ferrometals provided an update on Phase One exploration at their Brazil Manganese Corp. (“BMC”) project in Rondônia, Brazil. … Continued
The S&P 500 exchange-traded fund SPY printed another ‘doji’ candlestick today. However, today’s doji was quite different from yesterday’s in terms of both context and direction: Today’s break lower from the bearish flag targets a move down to at … Continued
From @AgsPlayers on Twitter: This is significant activity that totals nearly a billion dollars. Someone was putting money to work today, or at the very least, covering short positions. The S&P GSCI Agricultural Index rose 1.21% and the … Continued
Something unusual happened today in the S&P 500 exchange-traded fund SPY; a perfect doji candlestick: SPY opened at 196.44 and closed at 196.44 while traversing a nearly 2 1/2 point range during the session. There are a few notable … Continued
Can you name a company that is committed to making women’s derrières look great and whose stock currently has more than 20% of its share float sold short? Yes that’s right, Lululemon (LULU). Short sellers have been feasting on LULU in … Continued