Wealth Creation Through Natural Resources
From Morgan Stanley: “Output from operating mines and committed projects is set to fall by 450t to 2020, with over 50 mine closures from 2015-17 alone (Wood Mackenzie). There’s a long pipeline of projects totaling 580t of extra production … Continued
During my twelve years of trading virtually every financial market and instrument imaginable I have learned that the best trades are anticipated and prepared for days, weeks, and sometimes months in advance. Moreover, the best trading setups occur when multiple … Continued
NXT Energy Solutions (SFD.V) has been one of the hottest stocks in the TSX-Venture in 2015. Shares of SFD have doubled during the first half of this year and show few signs of stopping anytime soon: Technically speaking the stock broke … Continued
After rallying more than 60% during April & May shares of Continental Gold (CNL.TO) have pulled back 20% during the past few weeks: The recent pullback has formed a falling wedge pattern which would resolve higher on a breakout … Continued
A note on the current dynamic in the uranium market from Haywood Securities this morning: “Uranium market conditions continue to suffer in the wake of Fukushima. The attrition of major projects in the global production pipeline will go some distance … Continued
Say what you want about the AAII Sentiment Survey, undoubtedly it’s quite flawed and that’s not a surprise to anyone. However, the survey which came out this morning (which represents how investors were feeling at the end of last week … Continued
After last week’s bond rout/rate rally many sell-side analysts came out over the weekend calling for investors to get into bonds to take advantage of the sell-off. This morning prices are even better as the 30-year yield rises above 3.20% … Continued
Making women’s butts look better is big business and today’s performance by shares of Lululemon (LULU) is clear evidence of this fact: Shares of the yoga apparel & accessories retailer rose nearly 11% on nearly 8x average trading volume. Perhaps … Continued
The S&P 500 is testing an important level of support that has led to a rally each of the last 3 times that it’s been tested: With the S&P working on its 4th consecutive down day and below the … Continued
GDX passed an important test of support today. The goldies were looking absolutely dreadful this morning but buyers showed up near a crucial area of support around lunchtime and put the throttle to the floor into the close: $18.75 … Continued