Wealth Creation Through Natural Resources
After suffering a vicious bear market for the last 5 years (down more than 80% from the 2011 cyclical peak), the junior resource sector has experienced a strikingly bullish change of character in the first few months of 2016: … Continued
In March we witnessed the largest monthly inflows to emerging markets since June 2014: This is a very bullish chart because it bodes well for commodities and global growth. The emerging markets unwind has been one of the biggest … Continued
The latest Commitments of Traders data from the CFTC confirms that short covering has been largely responsible for the rally in crude oil during the last eight weeks: With the net-long position reaching a 17-month high and the gross … Continued
After a more than 60% rally from the early February low investors are beginning to turn skeptical on crude oil again: Barclays Research highlighting the large turnaround in managed money positioning… Macquarie Research takes the opportunity to make … Continued
The gold miners took a beating today as gold tumbled nearly $30/ounce. The GDX has been bumping its head up against resistance ($21) for a couple of weeks as bearish divergences accumulated; with today’s heavy volume ‘gap & go’ 7.53% … Continued
For This Company There’s Never Been a Better Time to Be in the Oil Business “Buying when there’s blood in the street” Jericho Oil is committed to reaching 1,000 barrels of oil per day of production by Q3 2016. … Continued
This chart explains why oil below $30 is a problem for the high-yield debt market and in turn the stock market: Much of the recent equity market strength can be tied to the 40% rally in crude oil since … Continued
We are proud to announce the launch of the CEO Technician Premium Service which includes: A morning market email offering market analysis & commentary before each trading day. In addition, the morning email highlights our best trading ideas for each … Continued
After oil’s 40%+ in the last few weeks, Barron’s headline calling for $20 crude oil last month looks set to go down in market annals as one of the best contrarian cover stories ever: While Barron’s did actually offer … Continued
