Wealth Creation Through Natural Resources
We are seeing a very interesting dynamic take hold in crude oil futures markets: In recent weeks we have witnessed a confluence of forces; speculators have covered shorts in large numbers while also aggressively adding to long positions, meanwhile, producers … Continued
Via TD Securities equity research: Over the weekend, Continental Gold announced that its was on track to complete permitting for its Buriticá (100%) gold project in Colombia, by the end of Q2/15. Management suggested that for an update expected at … Continued
The following chart tells a timeless tale of investor psychology: As equity prices trend higher investors are willing to take more risk, however, at the first sign of a market downturn investors are quick to liquidate positions and exit … Continued
It now seems like eons ago but at the end of last year I published a post titled “6 Big Surprises for 2015” in which I laid out a series of seemingly unlikely market events which I felt were much likelier to occur … Continued
On Monday we highlighted in two different posts the precarious equity market situation and expressed concern that AAPL had a few too many fans among the retail crowd heading into its 1st quarter earnings report. We even put on a … Continued
This is everything you need to know about today’s Federal Open Market Committee statement: “To support continued progress toward maximum employment and price stability, the Committee today reaffirmed its view that the current 0 to 1/4 percent target range for … Continued
GDX is up nearly 6% this week. Is this rally for real? From all indications the answer is a resounding YES! Here’s why: The chart pattern breakout from the multi-week ascending triangle is the real deal and targets a move … Continued
How can a .42% sell-off in the S&P 500 be considered bearish? After all, such a small move falls well within the realm of noise. I would almost always not place too much weight in a trading session with such … Continued
Shares of the world’s largest company, Apple (AAPL), have traded very methodically recently. Pulling up the daily and weekly charts of AAPL we can see a stock that has risen methodically since last summer while finding support at key Fibonacci … Continued
Gold marginally broke below support on Friday, breaking down from a small H&S top pattern: The breakdown from this pattern targets a test of the March lows ($1140-$1150). However, the “break” was not as clear or as powerful as we … Continued